BSBPMG623
Manage benefits


Application

This unit describes the skills and knowledge required to manage the attainment of program benefits. It includes the performance criteria required to demonstrate competency in ensuring that benefits are realised when and as expected.

A program is defined as a set of interrelated projects, each of which has a project manager. 'Multiple projects', or 'a program of projects', refers to a number of related projects managed by the same person as a program to achieve organisational objective/s.

It applies to individuals who are program managers and those managing a suite of projects (a program). They operate within assigned authority levels, are responsible for their own performance and sometimes the performance of others.

Individuals in this role may be operating within an organisation, a business or working as a consultant.

No licensing, legislative or certification requirements apply to this unit at the time of publication.


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify benefits and trade-offs

1.1 Evaluate benefits and their alignment to organisational objectives

1.2 Define and communicate expected short- and long-term benefits and trade-offs with pertinent stakeholders

1.3 Assess qualitative and quantitative data continuously captured to determine project and program performance against respective plans

1.4 Monitor and evaluate internal and external program contexts for circumstances that may require changes to the expected benefits

2. Execute to deliver expected benefits

2.1 Define and agree benefits dependencies with pertinent stakeholders

2.2 Devise and agree benefits delivery approach with pertinent stakeholders considering impact of the benefit into risk management, issues management, and change control

2.3 Assign and have accepted ownership of benefits delivery

2.4 Periodically review, confirm and update benefits measurement approach and benefits delivery approach

3. Sustain and evaluate attainment of expected benefits

3.1 Assess deliverables from constituent projects in accordance with the benefits measurement approach

3.2 Measure and report progress toward delivery of expected benefits with pertinent stakeholders

3.3 Evaluate and communicate benefits against forecast projects delivery plan

3.4 Assess and record lessons learned throughout projects and communicate to pertinent stakeholders

3.5 Address variances in delivery of expected benefits

Foundation Skills

This section describes those language, literacy, numeracy and employment skills that are essential to performance but not explicit in the performance criteria.

Skill

Description

Reading

Applies appropriate strategies to construct meaning from complex texts

Writing

Prepares documentation to confirm and report on defined benefits and reviews using appropriate format, vocabulary and structure

Oral Communication

Participates in a range of verbal exchanges using language and features appropriate to audience

Uses active listening and questioning techniques to confirm understanding

Numeracy

Calculates, compares and contrasts outcomes against targets using appropriate mathematical formulae

Interact with others

Selects and uses appropriate conventions and protocols when communicating with relevant stakeholders to share information

Get the work done

Develops flexible plans for complex, high impact activities with strategic implications that involve a diverse range of stakeholders with potentially competing demands

Sequences and schedules complex activities, monitors implementation and evaluates results


Sectors

Management and Leadership – Project Management