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Breakthrough Project Portfolio Management by Murali Kulathumani

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7

PORTFOLIO BENEFITS REALIZATION

INTRODUCTION

What is the fundamental reason to execute a project? Quite simply, organizations execute projects for the benefits delivered by the projects. A benefit is an outcome or end result that is advantageous to the organization. It could be increased revenue, increased market share, customer satisfaction, decreased cost, and so on. Therefore a high-performing portfolio is created by selecting projects that each deliver tangible benefits to the organization.

However, that is harder to do than it appears—in reality, most projects that are funded simply do not have solid benefits that stand up to scrutiny. Implementing a benefits management process is a hugely effective filter to screen out projects that don’t ...

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