From the course: Managing Project Benefits
Join today to access over 22,600 courses taught by industry experts or purchase this course individually.
Where does benefits management fit in?
From the course: Managing Project Benefits
Where does benefits management fit in?
- It can be difficult to know when to start thinking about benefits and then when to review them so let's take a look at where benefits management activities should be happening during the lifecycle of a project. Using a fairly generic project lifecycle, most projects go through some kind of feasibility stage. This is the point where a justification is provided for the project to start. This is usually done by the creation of an outline or initial business case, which among other things include some high-level expected benefits, whose forecast may have been used to justify the cost of the investment. Once the justification for the project is approved, the next stage is a more detailed definition stage. This stage takes the high-level benefits identified in the feasibility stage and breaks them down further into lower-level benefits which will be documented in a full business case. Once the definition stage is complete and approved, it is followed by a number of delivery stages. There…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.