Value of Projects
The business value of projects is understood as the benefit that stakeholders receive as a result of project implementation.
The benefit from project implementation can be either material or immaterial, or a combination of both.
Material benefits of the project may include:
- Monetary funds
- Share capital
- Fixed assets
- Market share
Immaterial benefits of the project may include:
- Business reputation
- Trademarks
- Brand recognition
- Public good
- Alignment with strategy
Tag:Project, Standard, Terminology