Benefits realisation
Guide for Effective Benefits Management in Major Projects, published by the Infrastructure and Projects Authority in October 2017, defines a benefits realisation milestone as: ‘A date a suitable period of time after the embedding of associated outputs and capabilities when benefits can realistically and meaningfully be measured.’ It defines a Benefits Realisation Plan (BRP) as: ‘A document profiling all of the benefits and how they are forecast to be realised from baseline to target, including baseline and measurement information, identified benefit risks and benefit realisation milestones.’
The Practical Adoption of Agile Methodologies, APM Volunteer Research report, published by the Association for Project Management (APM) in May 2015, defines benefits realisation as: ‘The process of understanding, planning, realising and reporting both financial and non-financial benefits associated with technology enabled business change.’
[edit] Related articles on Designing Buildings
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Construction's sustainability reporting revolution
Tracking upfront embodied carbon with digital tools.
ECA welcomes procurement reforms
Public spending must back British jobs and skills.
Campaigning for Edinburgh: the Cockburn Association 1875-2049
The role of the civic voice in protecting character. Book review.
CIOB photography competition is open for entries.
ECA Edmundson apprentice of the year award
Finalists announced.
Major new study exposes serious knowledge gaps.
Generating energy from internal light as well as sunshine.
ECA welcomes plans to strengthen subcontractor quality control.
Combining mid-career qualifications with experience broadens career opportunities.
Why being a mentor can help your career.
Channel 4 broadcaster to host 125th anniversary ceremony.
Listed structures on the rail network
Heritage interests and operational requirements must be balanced.