Maximizing Benefits from IT Project Management

Chapter 24

Operational Benefits

The project is always a temporary endeavor, the existence of which is clearly defined by a unique purpose and an end point that is determined at its onset. It provides a means to realize certain conditions and outcomes that provide benefits to the performing organization.

For this reason, when we encounter a project for which the main products are equipment, hardware, software, or tools, and the period for investment redemption is expected to be short-term in nature, we should look for potential benefits from various perspectives that will be different from those that produce returns in a long-term project payback period. Such short-term benefits should focus on improving the overall business performance of ...