Project Management

The Benefits Management Process [Video]

From the The Money Files Blog
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A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from RebelsGuideToPM.com.

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Categories: benefits


benefits management process

In this video I explain the six steps for managing the benefits realisation process on your project.

They are:

  • Create your benefits management strategy
  • Identify benefits and tie them back to project/programme objectives
  • Plan when benefits will appear
  • Realise the benefits
  • Conduct a benefit review
  • Identify new benefits and tweak existing benefits

There’s more detail on each of those steps in the video, but if you prefer to read the highlights, you can find a text overview here:

https://www.projectmanagement.com/blog-post/2731/6-Steps-for-managing-benefits-realisation?blogName=The-Money-Files&posting=2731

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benefits management


Posted on: December 02, 2020 08:00 AM | Permalink

Comments (5)

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Mushtaq Abdulrahimzai SWIS| Surrey Schools District 36 Toronto, Ontario, Canada
Perfect information, thank you for sharing.

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Syed Arshad Ali Ahmed General Systems Analyst| SCC Hyderabad, Telengana, India
Elizabeth, as always premium content, Thanks for giving back...

#saaa

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Tiago Romao Project Manager - PfMP | PgMP | PMP | ACP | PBA | CBAP | CSM | MSc.| Altice Portugal | Meo Sobreda, Setubal/Almada, Portugal
Hello all,
Elizabeth
thanks for sharing/reminding the 6 steps while managing the benefits realization.

You could provide an example on how you did apply them?

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Elizabeth Harrin Director| RebelsGuideToPM.com London, England, United Kingdom
Thanks for the suggestion, Tiago, I'll see if I can do that in a future article.

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Eduin Fernando Valdes Alvarado Project Manager| F y F Fabricamos Futuro Villavicencio, Meta, Colombia
Very interesting., thanks for sharing.

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