The successful project managers understand that projects only exist to promote and benefit the organization at large.

The successful project manager understands project values and practices translate business values.

Projects are an instrument of strategy. The value of projects is directly traceable to  opportunity by means of strategy.

The project equation

Project value is equal to, or greater than resources committed to the defined scope and risks taken to achieve favorable accomplishments 

The project mission

 The project manager’s mission is to manage assigned resources to deliver the value expected, taking measured risks to do so.

Benefits, Returns, and Value

Benefits are the mechanism for recovering project investment.

Return is the rate of investment recovery

And value is the need  satisfied by the project and the source of improved wealth in the business.