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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
112 Managing projects as investments: Earned value to business value
Step 2: Develop a value breakdown structure (VBS)
A valuable tool in assessing a project’s expected value is a value break-
down structure (VBS). This is a document that I introduced and explored
in depth in my 1999 book, Total Project Control. To explain briey, a VBS
lays out the value-added of each component or work package within the
project, that is, how much each contributes to the total expected monetary
value. However, a VBS does not have to be limited to the project level. Itis
of even greater value at the program level where the contributions of each
project within the program can be dened, so that we can see how the
work of an enabler project is adding value to ...
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Publisher Resources

ISBN: 9781482212709