Managing for benefits in information technology projects
Information technology projects are expensive, time-consuming, and expected to show benefits. Project managers should insist on a written benefits statement in order to advise management about project status and to manage the project for benefits. Managing a project for benefits means that the project manager will revisit the benefits statement repeatedly and act to improve the probability that the benefits will be realized through specific technical decisions, handling scope changes, and thoroughly planning the implementation. IT projects that have proper benefit statements and are managed for benefits, can justify themselves and bring value to the organization.