Value - PMBOK 7th edition

Maximizing project value.

Value in PMBOK 7th edition focuses on ensuring that projects deliver benefits that contribute to the strategic objectives of the organization, emphasizing value delivery over simply meeting time, cost, and scope targets.

This topic addresses the importance of aligning project outcomes with business goals to maximize ROI and stakeholder satisfaction.

Concepts covered: Business Value, Customer Lifetime Value, Value, Value Management, Value Realization, Benefits Realization, Value Creation, Value Stream

Time: 5 minutes   Questions: 5

Test mode:
Go Premium

Project Management Professional Preparation Package (2024)

  • Earn 35 PDUs needed for your PMP certification
  • 12955 Superior-grade Project Management Professional practice questions.
  • Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
  • Unlock Effortless PMP preparation: 5 full exams.
  • 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
  • Bonus: If you upgrade now you get upgraded access to all courses
  • Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!
More Value - PMBOK 7th edition questions
165 questions (total)