ABSTRACT
All of the project management domains, as well as benefits management, have recognized the value of controlling progress by means of a life cycle. However, each life cycle seems to have been designed without sufficient consideration as to alignment with the other life cycles. This chapter provides a solution to this deficiency and adds a business analysis life cycle. It introduces a case study and shows how the initial life cycle phases would be applied to it. The chapter proposes a solution in which the benefits management tasks are assigned into a benefits realization life cycle aligned with the program management phases. The program management approach focuses on the benefits realization management life cycle. The benefits realization life cycle can be constructed bottom-up, starting from the definition of the benefits realization processes and then grouping them into phases aligned to the program management life cycle.
