Which of the following statements is TRUE with regard to expected benefits?
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A. B. C. D.C.
Expected benefits are the positive outcomes that an organization anticipates achieving after implementing a particular project or program. These benefits may include financial gains, increased efficiency, improved customer satisfaction, enhanced employee morale, or other desirable outcomes.
Of the four options provided, only option C, "Expected benefits should be measurable," is true. Measurable benefits are essential to the success of a project, as they enable organizations to track progress, demonstrate the value of the project, and make informed decisions about resource allocation and project management.
Option A, "Expected benefits cannot be assigned," is false. Benefits can and should be assigned to specific stakeholders or groups within the organization, such as business units, departments, or individuals. Assigning benefits helps ensure that they are appropriately managed, tracked, and achieved.
Option B, "Expected benefits don't need to follow corporate objectives," is also false. Benefits should always align with the organization's overall strategic objectives and goals, and should be prioritized accordingly.
Option D, "Tolerances cannot be set against expected benefits," is false. Tolerances can and should be established to ensure that benefits are achieved within acceptable parameters. Tolerances may include factors such as timing, cost, or quality, and should be established during the planning phase of the project.
In summary, expected benefits are a critical component of project management, and should be measurable, assigned, aligned with corporate objectives, and subject to tolerances to ensure successful outcomes.