Events Calendar

Please join us for the PMI Delaware Valley Chapter Professional Development Day!

When: Friday, April 1, 2022, 8:00 am - 12:30 pm
Where: Via Zoom 
Credit: 4 Technical PDUs 
Registration fee: PMI-DVC Members: $20 (early bird discount ends 3/28), Non-members: $35, Students: Complimentary

Group discounts for 4 or more attending from the same company or organization are available. Contact us for more information.

Topic: Demystifying ROI: Understanding the Financial ROI Elements of the Business Case
Speaker: Marc Resch, PMP, LSSBB, ITIL

In this workshop, we evaluate important elements of the business case, key cash flow concepts and focus on their applicability to business and to the overall financial bottom line. Project professionals certainly don’t need to be certified public accountants (CPAs) or financial experts to be effective in their roles but must be proficient with certain fundamental business concepts that can be applied directly to their projects. Having a solid grasp of these important concepts can greatly assist project teams in achieving optimized and sustained business value for their organizations.

Cash flow modeling is one of the most important activities in building effective business cases and in determining the actual amounts of cash that will be expended, saved, or generated because of project implementations. Cash flow models are constructed by synthesizing all the information that was gathered during the interviews, focus groups and various other research efforts and then using that information to create a series of projected cash flows over a period, typically the useful life of a project.

As project professionals, we must not be intimidated by the numbers, but must understand and embrace them to accurately represent and manage our project investments.

Learning Objectives:

• Recognize modern day project management challenges, trends and opportunities
• Understand the strategic elements of project investments
• Appreciate the significance and elements of the business case
• Determine how to classify and apply project benefits
  • ROI contributing vs. Value enabling benefits
• Understand how to formulate and gather project metrics
• Understand the key principles and techniques to cash flow modeling
• Evaluate and analyze cash flow modeling ‘words of caution’
• Fully grasp the time value of money concepts
• Understand and apply key ROI measurements
  • NPV, ROI, IRR, Payback Period
• Learn how true business value can be attained and sustained
• Learn how to speak proficiently in business and financial terms

Copies of the Book “If It Ain’t Broke, Fix It Anyway”  will be distributed to those PDD attendees who ask questions of the Presenter.

About the Speaker:

 Marc Resch (PMP, LSSBB, ITIL) is an accomplished business leader and executive consultant and trainer with proven success and impact in organizational and project leadership. He is an expert in program and project management, process reengineering and implementing lasting change. He is often recruited to reverse underperformance of strategic change initiatives - from startups through leading enterprises, spanning diverse industries.  Marc has educated, trained and lectured students and professionals worldwide on business and financial imperatives, project and process excellence and organizational leadership. He is a frequent keynote speaker and expert panel member at PMI events. He is the author of the best-selling books: “IF IT AIN’T BROKE FIX IT ANYWAY: Tools to Build Indestructible Projects with Enduring Results” and “Strategic Project Management Transformation: Delivering Maximum ROI and Sustainable Business Value.”  

Resch graduated from the U.S. Military Academy at West Point, received an MBA from the University of North Carolina and an MS in Technology Management from Stevens Institute of Technology.