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The Modular Project
Management® Advanced Enterprise
Modules Include:
7. Benefit/Cost Analysis
This module presents a method for evaluating the
costs and benefits of a proposed project. The content covers timing of
Benefit/Cost Analysis*, appropriate participants, cost factors, benefits,
and ways to present the results. A special topic covers ways to value
benefits that you labeled "intangible" in the past.
Learning
Objectives
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Describe the purposes of Benefit/Cost Analysis, and a
process for developing reliable measures. |
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Identify the most-important timing and participants of Benefit/Cost
Analysis. |
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Describe the range of costs that you must consider and quantify
for a project. |
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Identify the different types of benefits a team should evaluate,
and describe ways to quantify those benefits, even when you consider
them to be "less tangible". |
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Describe alternative ways to present the results of Benefit/Cost
Analysis, including graphic methods.
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Discuss the need for and the responsibilities for following up
on a Benefit/Cost Analysis to verify the benefits were received. |
Audience
Those who are (or should be) involved in identifying the costs and benefits
of project efforts, and performing initial and follow-up Benefit/Cost
Analysis: Executives, Resource Managers, Functional Managers, project
customers, Project Management Office Managers, Program or Project Managers, and
Team Members.
* Formerly called Cost/Benefit Analysis; we've changed the name to reflect
current terminology.
Modular Project Management is a registered
trademark of Goff Associates, Inc., the ProjectExperts.
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