Value-Based Project Management focuses on delivering the maximum value to the organization and stakeholders throughout the project lifecycle.
Rather than only prioritizing just time, cost, or scope, this approach emphasizes measurable benefits and the long-term impact of the project. It involves rigorous project selection, ensuring that resources are dedicated to initiatives that align with strategic goals and provide the highest return on investment. Ongoing value assessment is crucial, with an emphasis on delivering outcomes that improve business performance, boost customer satisfaction, and enhance stakeholder engagement.
