# Benefit

The measurable improvement, usually financial, that an outcome produces and that a business case promised.

A benefit is the measurable improvement — usually financial — that an outcome produces: the cost removed, revenue gained, or risk reduced that a business case promised. It is the point of the whole chain, the reason the initiative was funded.

A benefit is distinct from the outcome that produces it. An adopted process is an outcome; the cost that adoption removes is the benefit. In private-equity language, the sum of an organization's benefits is what a value-creation team calls value creation — the same idea viewed at enterprise scale rather than initiative by initiative.

### Commonly confused

An outcome. An adopted process is an outcome; the cost it removes is the benefit.

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