For decades, project managers were trained to focus on the creation of deliverables defined in the project’s requirements, often with little regard for the expected business benefits and business value. This is now changing as companies have a better understanding of business benefits and value and are updating their methodologies and frameworks. Some frameworks, such as Agile and Scrum, appear to do a better job of identifying, tracking and reporting business benefits and value than traditional project management practices.
Dr. Harold Kerzner is Senior Executive Director for Project Management at the International Institute for Learning (IIL). He has a MS and Ph.D. in Aeronautical and Astronautical Engineering from the University of Illinois and an MBA from Utah State University. He is a prior Air Force Officer and spent several years at Morton-Thiokol in project management. He taught engineering at the University of Illinois and business administration at Utah State University and for 37 years taught project management at Baldwin-Wallace University.