From the course: Managing Project Benefits
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How to develop a clear approach
From the course: Managing Project Benefits
How to develop a clear approach
- Every project needs to have a clear approach as to how benefits will be managed. There needs to be guidance on the procedures that must be followed, techniques that need to be used, and specific responsibilities that will need to be made clear. To make sure the relevant roles know the procedures to follow, you'll need to have a defined benefits management strategy that then sets out exactly how benefits will be identified, tracked, and realized. Now before you go rush off and write a strategy, first check to see if your project is part of a wider program. If it is, there's a very high chance that the program has a benefits management strategy already, so all you need to do for your strategy is reference the policies and procedures in the program strategy. Remember your project will be looking to achieve different benefits to the program, so therefore the strategy for achieving the benefits for the project may be slightly different to the program. If your project is not part of a…
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