PMP Exam - "BUSINESS" Domain Booster (Agile+Scrum+PMBOK Business Thinking)
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- Опубликовано: 10 сен 2024
- Another video to watch: Benefits vs. Value:
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Another quality video! Phill, you are a master PMBOK and APG translator. 25 days out from my exam and this helps focus my studies! Thank you 😃
TY! Glad to help!
Hi. Do you have any videos explaining value in the project and monitoring benefits and ensuring benefits in the project and measuring them?
No videos but here is the logic:
Alignment with Organizational Goals: Demonstrating how the project contributes to the broader objectives of the organization ensures relevance and support.
Clear Definition of Success Metrics: Establishing specific, measurable outcomes allows for tangible tracking of progress and success.
Cost-Benefit Analysis: A thorough assessment of the project's expenses versus its expected benefits justifies the investment and helps in prioritizing resources.
Stakeholder Engagement: Involving stakeholders in the project's planning and execution ensures their needs are met and increases project buy-in.
Risk Assessment and Mitigation: Identifying potential risks and having strategies in place to address them safeguards the project’s success.
Regular Performance Monitoring: Ongoing tracking of the project’s progress against its objectives enables timely adjustments and improvements.
Quality Assurance: Ensuring the project meets the set quality standards guarantees the delivery of value and customer satisfaction.
Effective Communication Plan: Keeping all parties informed about the project's progress and challenges fosters transparency and trust.
Post-Implementation Review: Evaluating the project after completion provides insights for continuous improvement and learning for future projects.
Sustainability and Long-Term Impact: Assessing the project’s long-term effects and sustainability ensures its benefits extend beyond immediate outcomes.