Management / Project Management

Defining business value in projects

The training teaches how to effectively define and measure business value in projects. The workshop program focuses on practical methods for identifying, quantifying and maximizing the value delivered by projects. Participants will learn tools and techniques to objectively assess business benefits and effectively communicate them to stakeholders.

Issues

Defining business value
Benefit analysis
Portfolio management
Business case
ROI in projects
Value measures
Benefits management
Prioritization of projects
Stakeholder analysis
Business communication
Change management
Benefit monitoring

Benefits

The participant will develop the ability to define measurable business benefits of a project
Business value quantification methods
Will learn how to create compelling business justifications for projects
Will learn techniques for effectively communicating value to stakeholders
Will master methods for monitoring and optimizing project benefits
Will develop the ability to prioritize initiatives based on business value
Will acquire tools to manage a portfolio of projects

Who is this training for?

Project and program managers

Business analysts

Product Owners

Portfolio Managers

Senior managers

Project Sponsors

Members of steering committees

Prerequisites

Experience in project management
Basic knowledge of finance
Knowledge of business processes
Analytical skills

Training program

Sources of value in projects
Stakeholders vs. value

Value analysis and measurement
Methods of quantifying benefits
Measuring intangible assets
Performance indicators

Value management
Optimization of project portfolio
Prioritization of initiatives

Monitoring of value realization
Communication of values
Business case presentation

Engaging stakeholders
Managing expectations

Delivery Methods

Online

Convenience of participating from anywhere
Interactive live sessions with trainer
Materials available for 30 days
No travel costs

On-site

Direct contact with trainer and group
Intensive hands-on workshops
Networking with other participants
Full focus on learning

Frequently asked questions

What are the prerequisites for this training?

For Defining business value in projects we recommend: Experience in project management; Basic knowledge of finance; Knowledge of business processes.

What is the format and duration of this training?

The training lasts 2 days and is available in online and on-site format. Sessions run from 9:00 AM to 4:00 PM. We can also customize the schedule to fit your team's needs.

Who is this training designed for?

This training is designed for: Project and program managers; Business analysts; Product Owners.