Business Value
The net quantifiable benefit a project delivers to the organization.
Business value is the net quantifiable benefit an organization gains from a project, program, or portfolio. It spans tangibles like revenue, cost reductions, and market share, plus intangibles like brand reputation and goodwill. PMBOK frames it as the ultimate justification for any project, so the manager keeps the business case in view during delivery. A key exam distinction: value is realized after the project closes, during benefits realization, not when deliverables ship. Confusing outputs (deliverables) with outcomes (value) is a common trap. The business case defines expected value; the benefits realization plan governs its confirmation.
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