Potential Value

Potential Value describes value that may be realized by implementing the proposed future state. It is used as a benchmark for evaluating solution performance.

Potential Value is a component of the Future State description. The future state Potential Value is input to Risk Analysis Results, the Solution Recommendation and the Solution Performance Analysis.

Details

Potential Value contains 2 attributes and 1 operation;

  • The Project Name - Identifies the project providing value.

  • Potential Value - A description of the change that enables stakeholders to understand the expected change in value to the business.

Potential Value is created as part of the Define Future State operation.

Example

By listing all products on the retail web site, customers are not required to purchase from stores, which:

  1. Decreases the cost of buildings and maintenance and,

  2. Increases revenue from products sold to consumers without access to a store.