The value of socially relevant projects | MSPM 6900 – Capstone: Social Impact in Project Management | Walden University

Discussion: The Value of Socially Relevant Projects

Organizations are under pressure from stakeholders to integrate sustainability principles into their business strategies as a way to demonstrate responsible business practices. While many organizations have already done this and many more are moving in this direction, the challenges associated with quantifying the value of socially relevant projects to investors remains an obstacle. This is because many of the benefits of projects that address a social need or issue—and those that include sustainability practices—are intangible and not realized in pure economic terms. 

According to the PMBOK (PMBOK® Guide) a business case is “a documented economic feasibility study…” (PMI, 2017, p. 29). This is a more traditional definition of a business case that reflects the value of a project that will realize mostly tangible benefits. With greater numbers of organizations adopting sustainability principles, the definition of a business case should be expanded to account for the value associated with intangible benefits.

For this Discussion, address these items:    

  • 1-What is the difference between a tangible and an intangible project benefit? Provide one to two examples of each.
  • 2-Describe at least two metrics that are commonly used to assign value to tangible benefits.
  • 3-How can organizations assign value to the intangible benefits of socially relevant projects?
  • 4-What components should be added to a business case to demonstrate the value of the intangible benefits of socially relevant projects? 

Required Reading:

Project Management Institute. (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide). Sixth edition. Newtown Square, PA: Author.

  • Chapter 1, “Introduction”
    • Section 1.2.6, “Project Management Business Documents” (pp. 29–35)

This section of the PMBOK (PMBOK® Guide) describes the purpose of multiple business documents, why they are important, and how they are used to ensure alignment of projects to business objectives throughout the project life cycle.

–  Kreiss, C., Nasr, N., & Kashmanian, R. (2016). Making the business case for sustainability: How to account for intangible benefits—a case study approach. Environmental Quality Management, 26(1), 5–24.

Note: You will access this article from the Walden Library databases.

In this article, the authors discuss the challenges associated with accounting for intangible benefits as organizations move to integrate sustainability into their business practices.


Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.