Radical Project Management

Added-Value Analysis

The concept of expanding traditional cost–benefit analysis to address the problems detailed earlier has been explored by many experts. Of note is the work of David Osborne and Ted Gaebler (1992), who expanded the linking between project outputs and organizational outcomes, and Marilyn Parker, Bob Benson, and Ed Trainor (1988), who developed a comprehensive model of business value for IT projects. In addition, the IRACIS model and the use of primary and secondary benefits first developed by our group in 1984 is critical in developing an integrated approach to determining the added value from investments in business and IT projects.

Show Them the Money It is amazing how quickly people become interested in a project when you ...