Elements and Performance Criteria
- Identify benefits and trade-offs
- Evaluate benefits and their alignment to organisational objectives
- Define and communicate expected short- and long-term benefits and trade-offs with pertinent stakeholders
- Assess qualitative and quantitative data continuously captured to determine project and program performance against respective plans
- Monitor and evaluate internal and external program contexts for circumstances that may require changes to the expected benefits
- Execute to deliver expected benefits
- Define and agree benefits dependencies with pertinent stakeholders
- Devise and agree benefits delivery approach with pertinent stakeholders considering impact of the benefit into risk management, issues management, and change control
- Assign and have accepted ownership of benefits delivery
- Periodically review, confirm and update benefits measurement approach and benefits delivery approach
- Sustain and evaluate attainment of expected benefits
- Assess deliverables from constituent projects in accordance with the benefits measurement approach
- Measure and report progress toward delivery of expected benefits with pertinent stakeholders
- Evaluate and communicate benefits against forecast projects delivery plan
- Assess and record lessons learned throughout projects and communicate to pertinent stakeholders
- Address variances in delivery of expected benefits