Benefits Planning and Modeling

Abstract

 

Since budgets are suffering huge reductions, there are several investment obstacles faced in current organizations, hence the strong need on changing the current mindset towards a budget definition based on the estimated benefits leveraged by the solution (investment) rather on the estimated costs.

The process of Benefit Estimation aims to assess the impact of project benefits quantitatively in the business and in the company. Benefits are measurable and perceived value improvements by one or more stakeholders. It is intended that the benefits are calculated through a robust process so they are presented in a rigorous, accurate and conservative manner.

 

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