Google Links

Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Identify benefits and trade-offs
   • Analyse benefits and their alignment to organisational objectives
   • Define and communicate expected short- and long-term benefits and trade-offs with key stakeholders
   • Assess 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
2. Execute to deliver expected benefits
   • Define and confirm benefit dependencies with key stakeholders
   • Devise and agree benefits delivery approach with key stakeholders considering impact of the benefit on risk management, issues management, and change control
   • Assign ownership of benefits delivery
   • Review confirm and update benefits measurement approach and benefits delivery approach
3. Sustain and evaluate attainment of expected benefits
   • Assess deliverables from constituent projects according to benefits measurement approach
   • Measure and report progress toward delivery of expected benefits with key stakeholders
   • Evaluate and communicate benefits against established projects delivery plan
   • Assess and record lessons learned throughout projects and communicate to pertinent stakeholders
   • Address variances in delivery of expected benefits

Performance Evidence

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

manage benefits for a program of work.

---

Knowledge Evidence

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

components of different benefit delivery models

qualitative and quantitative data to assess project and program performance against plans

techniques used in decision making theory and analysis applied to benefits assessment

types and definition of program benefits

workplace identification and documentation of program benefits

relationship between program delivery and benefits realisation approaches

forecasting program benefits realisation.

---