The MOV MUST:
- Be Measurable
- Provide Value to the Organization
- Be Agreed Upon
- Be Verifiable
The MOV should be based on and support the organization's goal and strategy
There are 6 Basic Steps in developing a MOV
- Identify the desired area of impact
- Strategic
- Customer
- Financial
- Operational
- Social
- Identify the desired value of the IT Project
- Better?
- Faster?
- Cheaper?
- Do more?
- Develop an Appropriate Metric (numeric)
- Time Frame for achieving MOV
- Verify and Get Agreement from Stakeholders
- Summarize the MOV in a clear concise statement
- The project will be successful if ______
- Or use a time table (in year ___ we will ____, and so on)