Definition: a stream of benefits over time to a stakeholder
Why focus on future value streams?
- By definition, deals with things that stakeholders care about
- Views the short-term in the context of the long-term
- Can be financial and/or non-financial
- Can be modelled at various levels of detail
- Makes assumptions explicit and permits them to be modifiable by other users of the model
- Can be visualized
- Can be expressed relative to investment / cost
- Can incorporate impact of events / risk
- Can be aggregated or consolidated (to the extent they use the same unit of measure)
- Interdependencies / interrelationships can be analysed to understand trade-offs