January 2006
Intermediate to advanced
418 pages
11h 16m
English
Content preview from Benefits Management: Delivering Value from IS & IT InvestmentsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Glossary
- Benefits Management
The process of organizing and managing such that the potential benefits arising from the use of IS/IT are actually realized.
- Benefit owner
An individual or group who will gain advantage from a business benefit and who will work with the project team to ensure that benefit is realized.
- Benefit streams
A set of related benefits and their associated business and enabling changes and enabling IS/IT.
- Business benefit
An advantage on behalf of a particular stakeholder or group of stakeholders.
- Business changes
The new ways of working that are required to ensure that the desired benefits are realized.
- Business and organizational drivers
Views held by senior managers as to what is important to the business–in a given timescale–such that they feel changes must occur.
- Change owner
An individual or group who will ensure that a business or enabling change identified is successfully achieved.
- Enabling changes
Changes that are prerequisites for achieving the business changes or that are essential to bring the system into effective operation within the organization.
- Financial benefit
By applying a cost/price or other valid financial formula to a quantifiable benefit a financial value can be calculated.
- Investment objectives
Organizational targets for achievement agreed for the investment in relation to the drivers. As a set they are essentially a description of what the situation should be on completion of the investment.
- IS/IT enablers
The information systems and technology required to ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.