ABSTRACT

A Project Benefits Management Plan describes how and when the project's business value, return on investment or benefits will be delivered and how that business value will be measured. It may include one or more of the following sections: target benefits, strategic alignment, timeframe for realizing benefits, benefits owner, metrics, assumptions and risks. Plan for the operational, financial, and behavioral changes necessary by project and program recipients to continue monitoring benefit performance. Perform a benefits assessment, which should include formally verifying that the benefits have been delivered and are being realized. The Project Benefits Management Plan is a pre-project business document that is used in conjunction with the business case as a key input to the align stage and the confirm stage. It should be referenced along with the Sustain-the-Change Management Plan and the Implementation Plan after the project has been completed to ensure that the gains are sustained and the benefits realized going forward.