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When the actual benefits of a venture are less than the projected or estimated benefits, the result is known as a benefit shortfall.
If, for instance, a company is launching a new product or service and projected sales are 40 million dollars per year, whereas actual annual sales turn out to be only 30 million dollars, then the benefit shortfall is said to be 25 percent. Sometimes the terms "demand shortfall" or "revenue shortfall" are used instead of benefit shortfall; see volume risk.
Public and private enterprises alike fall victim to benefit shortfalls. Prudent planning of new ventures will include the risk of benefit shortfalls in risk assessment and risk management.
The discipline of benefits realisation management seeks to identify any benefits shortfall as early as possible in a project or programmes delivery in order to allow corrective action to be taken, costs to be controlled and benefits realised.
When the actual benefits of a venture are less than the projected or estimated benefits, the result is known as a benefitshortfall. If, for instance...
Look up shortfall in Wiktionary, the free dictionary. Shortfall may refer to: Benefitshortfall, the result of actual benefits of a venture being less...
maturity in benefits realization. Benefitshortfall Business case Cost-benefit analysis Value engineering Serra, C. E. M.; Kunc, M. (2014). "Benefits Realisation...
systems. The capital cost is high, as is the risk of cost overrun and benefitshortfall; public financing is normally required. Rapid transit is sometimes...
observation and understanding of the universe. Albatross (metaphor) Benefitshortfall Bridge to nowhere Development hell Escalation of commitment Government...
assets should be approximately equal to its liability, and any shortfall (including benefit improvements) should be amortized in a relatively short period...
list of books about risk issues: Ambiguity aversion Absolute risk Benefitshortfall Civil defence Countermeasure Early case assessment Enterprise risk...
fallacy results in not only time overruns, but also cost overruns and benefitshortfalls. In a 1994 study, 37 psychology students were asked to estimate how...
computer problems, Deficiency Notices (telling individuals of a possible shortfall in their contributions), which had been sent out on an annual basis prior...
548% Admissible heuristic – Computer science pathfinding concept Benefitshortfall Downside risk – Risk of the actual return being below the expected...
Error in thinking which involves under-valuing base rate information Benefitshortfall Consensus forecast – Prediction of the future created by combining...
accessible to the general public. Acceptable loss – Military euphemism Benefitshortfall Control self-assessment – Technique to assess process effectiveness...
Benefit fraud is a form of welfare fraud as found within the system of government benefits paid to individuals by the welfare state in the United Kingdom...
those experienced a shortfall between their monthly income and estimated costs. Overall the average gap between rent and housing benefit for families affected...
overestimation of passenger numbers by planners, there is frequently a benefitsshortfall for transport infrastructure projects. A vehicle is any non-living...
overestimation of passenger numbers by planners, there is frequently a benefitsshortfall for transport infrastructure projects. Animals used in transportation...
Post Office Limited pursuing thousands of innocent subpostmasters for shortfalls in their accounts, which had in fact been caused by faults in Horizon...
for example, turned out to be far too optimistic thus leading to a benefitshortfall. The result was that revenues received through the operation of the...
accounting changes, $2.1 million, which eliminated much of the budget shortfall. Graham, despite being angry, decided to go ahead as planned and donate...
Broadcasting. The administration suggests that the CPB could make up the shortfall by increasing the funding it receives from corporate sponsors, foundations...
tenants likely to experience a shortfall in housing benefit was 80%, amounting to 300,000 families. The degree of shortfall depends on dwelling, location...
promised $6.3 Trillion in benefits, but only have $4.9 Trillion in assets to pay for these benefits — an estimated $1.4 trillion shortfall. Due to unprecedented...
1999 and 2015, of theft, false accounting and fraud because of apparent shortfalls at their branches, due to flaws in the Horizon accounting software used...
of $133 billion. Non-government estimates show a larger shortfall. CalPERS provides benefits to all state government employees and, by contract, to local...
Organizational studies Profit Real estate List of real estate topics Revenue shortfall Shareholder value Small business Strategic management Strategic planning...
continues to charge the same rent, affected tenants must make up the shortfall. Housing benefit was historically paid directly to landlords of social housing...
currently scheduled benefits. Social Security then becomes a true "pay as you go" program, without Trust Fund amounts to cover shortfalls. Redemption of Trust...
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