Final answer:
Funding value streams instead of projects has two main benefits: greater focus on strategic outcomes and improved efficiency and flexibility.
Step-by-step explanation:
Funding value streams instead of individual projects has two main benefits which can be noted as -
- Greater focus on strategic outcomes: When funding value streams, organizations prioritize the overall strategic goals and objectives rather than individual projects. This ensures that the resources are allocated in a way that aligns with the long-term vision and leads to greater business value.
- Improved efficiency and flexibility: By funding value streams, organizations have the flexibility to allocate resources across multiple projects within the stream. This allows for better coordination, resource optimization, and improved efficiency in delivering value to customers. It also enables the organization to adapt and prioritize projects based on changing market conditions.