Applications of the investment management standard

Shapes an investment that will deliver the maximum benefit to the organisation.

Identifies the major problems a new investment must address and establishes the criteria it then uses to select the most sensible investments.

Defines the need for new policy and specifies the best strategic response.

Provides a continuous focus on benefits during the implementation of an investment and determines whether the expected benefits were delivered.

Provides an understanding of whether the outcomes sought by a program of investment were actually achieved.

Establishes a shared understanding of why an organisation exists, assesses its current effectiveness and identifies the changes that should be made to become more effective.

Establishes a shared understanding of why an organisation exists, defines the measures and targets to be used as evidence of its success and monitors its progress against those measures.