Manage the Benefits of Capital Development Projects with R-pM
There are many methods for capital development project management, but they all have difficulty planning and developing specific project benefits, gathering development costs for specific capital to be utilized in operations, and relating the costs of specific performance solutions developed to the actual benefits provided in operation to measure the return on investment. We have discussed these difficulties in many “Capital Development Plans and Projects” posts in the Business Change Forum.
21st Century Management manages investments to gain a planned result value return
Rule No. 7 of The 10 rules of 21st Century Management with R-pM: Manage investments to gain a planned return. The enterprise cannot manage the benefits of development unless the specific results to be produced by the developed capital are defined and managed. The enterprise cannot manage costs against the benefit to know the specific return on investment, unless the specific performance solutions being developed are defined and managed.
Result-performance Management (R-pM) is the conventional method to organize the business for 21st Century Management. R-pM uses unique bottom-up Result-performance Development to develop both the costs and benefits of development, so that they can be tracked into operation to provide the planned and managed return on investment.
R-pM provides a business structure for capital development project results produced and performance solutions utilized for effective project management and to capture of costs of new solutions developed as project results.
Do not attempt any capital development project without studying and understanding the benefits of R-pM as summarized in the article “R-pM for Capital Development Project Management” in 21st Century Management Magazine.
21st Century Management eliminates 20th century problems
Result-performance Management (R-pM) eliminates the capital development problem and other costly 20th century problems. Slash costs, simplify business management, and boost competitive advantage through R-pM, the conventional method for 21st Century management.
Download your 21st Century Management Manual today
Your 21st Century Management Manual, The R-pM Toolkit, is available today and is under continual development to expand and refine 21st Century Management. The R-pM Toolkit explains how to manage capital development projects with R-pM to know the results being improved and the performance solutions being developed to add future value to the results for the value-added return. Get your R-pM Toolkit, and future updates, at result-performance-management.com.
