In the past, most companies relied solely on ROI calculations to justify their project management initiatives. ROI is a quantifiable measurement that senior level management understands and appreciates. Financial measures alone, however, don't present a comprehensive picture of overall value. They are insufficient as either a gauge of success or a clear sign of future value.
Unlike financial measures, many performance measures have come to be viewed as leading indicators. When they improve, an improvement in the financials generally follows. So to drive success, financial measures must be supplemented with non-financial ones, such as those listed above, to present a balanced picture …
Neil S: "I totally agree with you Vincent. The process is as only as good as the people …" on The Gates of Development
February 10, 2012
Andreea T: "Hi Tom, this article is very well written in my opinion and illustrates the prin…" on Agile 101: Larger Teams
February 10, 2012
Cristina M: "Excellent article!" on Agile 101: Larger Teams
February 10, 2012
Shyam S: "Dear Ty, Absolutely great thought. The organisation which I worked with in my…" on Are You a Shusa?
February 10, 2012