Project Set Benefit Management is the performance area that defines, creates, maximizes and delivers the benefits provided by project sets

Includes a series of factors that are extremely important for the success of the project, including the process of clarifying the planned benefits and expected results of the project, and the process of monitoring the project to achieve the above benefits and results.

Identify and evaluate the value and impact of project set benefits

Monitor the interdependence between outputs delivered by components of the project set and the overall contribution of these outputs to the project and benefits

Analyze the potential impact of planned project set changes on their benefits and outcomes

Align expected benefits with organizational goals and goals

Implement responsibilities and final responsibilities for achieving projects and benefits, and maintain benefits

Some benefits are easy to quantify: for example, achieving an organization's financial goals, or creating a physical product, or consuming or using services.

Some benefits are not easy to quantify: such as increasing employee morale or customer satisfaction, reducing the incidence of adverse health conditions or illness

The benefits may have to be achieved in an iterative way after the project set is completed.

Define the benefits type After the project is finished, benefits may continue to be realized

The nature of interaction is periodic, usually in the early stage of the project, and in the late stage of the project, it is in the bottom-up form.

Example: Strategic consistency of the project set, and the participation of the project set is connected, providing key input/parameters for the project set, including the vision, mission, and strategic goal set business demonstration of the strategic goal set that defines the benefits of the project set; it must be carried out throughout the project governance stage. Project set performance data evaluation to ensure project sets will produce expected benefits and results

1. Benefit identification

2. Benefit analysis and planning

3. Benefit delivery

4. Transfer of benefits

5. Benefit maintenance

The project charter defines the strategic goals and benefits expected to be achieved by the project set.

Project charter is powered by valid business argumentation

Define the goals and success elements of the project set

Identify and quantify business benefits

Function: Collect and list the benefits of the project set plan for measurement and communication benefits and delivery throughout the duration of the project set

Developing the process

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Develop a benefit management plan to guide the work of the remaining stages of the project set

Define each component of the project set and its interdependencies and prioritize it

Define key performance indicators and related quantitative indicators to meet the need to effectively monitor benefits delivery

Formulate project set performance benchmarks and communicate project set performance indicators to important parties to project sets

As known information increases, update positive and negative risks

The benefits of quantitative incremental delivery are particularly important, and the full realization of planned benefits can be measured during the project and execution stages.

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Project set governance can help project teams determine whether the benefits achieved are within the range of the parameters, so that changes to the overall project set or component can be proposed if necessary. This analysis requires linking benefits to project set goals, financial expenditures, measurement standards, and measurement points and review points

The benefit delivery phase should also be employed to verify that benefits are being achieved as planned and provide feedback to the project group stakeholders and the project group steering committee to facilitate the successful delivery of benefits.

Definition: A written document that defines the process of creating, maximizing, and maintaining the benefits of a project or project set

effect

Require

Project Set Benefits Define project set architecture, which describes how components should deliver capabilities and results to achieve project set benefits

The project set roadmap defines the structure of the project set components, identify the relationships between components, and formulates rules for governing their conclusions; the project set roadmap describes the ever-changing aspects of the project set, including incremental benefit delivery

The benefit register is newly built in the benefit identification stage

Updated during Benefit Analysis and Planning

Purpose: Ensure project delivery of expected benefits as defined in the benefit management plan

Benefit delivery activities include

Benefit management is an iterative process, especially the cycle relationship between benefit analysis, benefit planning and benefit delivery.

The components of the project set should be started at the appropriate time and their output should be integrated into the project set to make it a whole

The start-up and ending of these components are important milestones in the project set roadmap and timetable

Milestones mark the achievement and delivery of incremental benefits

When the benefit management plan is modified to keep pace with the pace of the project set, the project set roadmap should be modified accordingly

Regular assessment

Analyze and evaluate concerns

Verify whether the integration, handover and finishing of the project set and its components meet or exceed the specified benefit realization criteria

Develop a handover plan to facilitate continuous effectiveness when transferred to affected areas of operation

Evaluate the performance of project sets and project set components for applicable handover criteria including key performance indicators

Review and evaluate applicable acceptance criteria for delivered components or outputs

Review operational and project set process documents

Review training and maintenance materials (if applicable)

Review the contract agreement for use

Evaluation to determine whether production must be successfully integrated

Activities used to increase the acceptance of changes by relevant parties (symposiums, conferences, training, etc.)

Hand over risks affecting benefits to the receiving organization

Receiver assessment and approval of readiness by the recipient, group or organization

Processing of all related resources

Ensure that the scope of handover is defined

Ensure that relevant parties who accept organizations or functions in the program are identified and involved

Ensure that projects and benefits are measured and maintained by plans

Ensure the handover is implemented

Plan the necessary operational, financial and behavioral changes for the recipient of the project set to continue monitoring performance

Implement the necessary changes to ensure that the capabilities provided during project set implementation can be sustained after project sets are concluded and project set resources are returned to organization.

Monitor the performance of products, services, capabilities or results from the delivery of reliability and availability and compare actual performance with planned performance (including key performance indicators)

Oversee the ongoing applicability of deployed products, services, capabilities or results so that customers who own and operate it can achieve the expected benefits

In view of technological advances and the willingness of suppliers to continue supporting the original configuration, oversee the ongoing availability of logistical support for products, services, capabilities and results

Respond to customer needs for product, service, capability, support, or improvements in performance or functionality

Provide on-demand support for products, services, capabilities, functional achievements, improved technical information, timely service desks and other matters

Without giving up other product support functions, plan products, services, capabilities or results that are independent of project set management functions and support resume operations

Update technical information about products, services, capabilities or improvements in response to frequent product support inquiries

Plan the phase-out and phase-out of products or capabilities, or stop support of planning and provide appropriate knowledge to current customers

Monitor any unresolved risks that affect project set benefits