Part 5 in a series on how to extend the value of Microsoft Project Online & Project Server…
By now we know how important good business cases are to ensuring good project and program selection. A business case helps the organization determine the relative value of investments, and are also used to evaluate and prioritize competing initiatives.
But what happens to those business cases once the project has been approved? More specifically, why aren’t the benefits that the business case established to influence selection not used to measure the success of the project?
Microsoft Project Online and Project Server are great for execution-oriented needs. But there are critical business planning and controls missing from those solutions. This series of videos shows how adding these capabilities can unlock even more value from your organization’s Microsoft platform investment.
Very few organizations re-open business cases once a project has been completed. So how do they confirm that the investment actually delivered its intended results?
By establishing a Benefits Realization framework, Strategic PMOs can effectively measure project and program results, document lessons learned, drive accountability and improve the accuracy of cost and benefit estimates.