Output VS Outcome VS Benefit
These 3 terms are used very frequently in the Project management world, and in many other walks of life for that matter. We come across jargon thrown at us frequently using these 3 terms. Being Project Managers, it is important to have a clear understanding of the three.
Output is a unique, product, service, or result created by a project.
Outcome is the result or the difference made by the use of output.
Benefit is the measurable improvement resulting from an outcome that is perceived as an advantage by one or more stakeholders.
Output vs Outcome Example:
Output – A Flyover Bridge
Outcome – Less congestion; better traffic flow
Benefits – Journey time reduced by 30 min; Congestion related accidents in that area dropped by 60%.
Hope this helps.. !!