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Business Benefits Realization – The Unfortunate Truth

OK, you're a project manager who got the project delivered on time, in budget, and within most delivery constraints. Sure, you didn't manage to get all of the required functionality, but the product has been delivered! While that seems like enough of an accomplishment for many, it doesn't seem like a success when the business benefit realization is examined, that is, whether the product actually accomplishes the business value it was set out to achieve. Business Benefits Realization — as outlined in this article from PM Hut — is the way of determining return on investment, and has to be part of the plan for any project undertaking. Like any good metrics gathering process, it takes time to get up-and-running, but overall the rewards of BBR are well worth the time.

About Matthew Kabik

Matthew Kabik is the former Editor of Computer Aid's Accelerating IT Success. He worked at Computer Aid, Inc. from 2008 to 2014 in the Harrisburg offices, where he was a copywriter, swordsman, social media consultant, and trainer before moving into editorial.

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