Main Menu
Home / Project Management / Measure Your Benefits for Project Success

Measure Your Benefits for Project Success

What makes for a successful IT project? If you think things will go smoother with a shorter and smaller project, think again. Liz Herbert of the Forrester blog reports some findings from the Said Business School about what makes projects successful.   They found the biggest factor in finishing the project on time and within budget is benefits management. When the focus was on measuring benefits, both cost and schedule risk were significantly reduced. If project managers instead focused on one goal and not the big picture, it negatively affected the project all around.

To keep things on track, monitor your benefits with benchmarking. It’s important that you keep up to date on your metrics throughout the whole project. Also, this will help you identify problem areas early, so you’ll be able to stop them before they progress.       

About Rachel Ginder

Rachel Ginder was a staff writer for CAI's Accelerating IT Success and joined the team in 2013. She also helped with social media and research.

Check Also

Avoid Ambiguity to Improve Performance

There are all sorts of factors that can plague a project that are outside of …

Leave a Reply

Your email address will not be published. Required fields are marked *

Sorry, but this content
is for our subscribers only!

But subscribing to ACCELERATING IT SUCCESS is FREE and only one click away!
Join more than 40,000 IT Professionals and get the best IT management articles to your mailbox with Accelerating IT Success!

Unsubscribe at any time