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Managing Projects as Investments
book

Managing Projects as Investments

by Stephen A. Devaux
September 2014
Intermediate to advanced content levelIntermediate to advanced
255 pages
7h 45m
English
CRC Press
Content preview from Managing Projects as Investments
46 Managing projects as investments: Earned value to business value
It should be critically important to any organization to gather and
track metrics to determine just how well each senior manager is perform-
ing in his or her role as project sponsor.
1. Does one vice president periodically fund new IT systems, promis-
ing that the reductions in headcount and processing time thus gen-
erated will result in $2 million per year in savings, only to have the
new system generate less than 10% of that value?
2. Do a particular sponsor’s project parameters frequently use “low-
ball” estimates, saying, for example, that a project should produce
expected project prot of $5 million over three years provided it is
completed in six months for a $2 mil ...
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Publisher Resources

ISBN: 9781482212709