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.
New Prime Minister delivers on ECA call for cut in electricity costs.
CIOB reacts to the announcement of Andy Burnham as Prime Minister.
Heritage and conservation science workforce survey - Have your say.
England's Suburbs 1820-2020. Book review.
New, more proportionate and targeted approach for higher-risk building assessments.
Government brings British Steel into public ownership.
UKCW Birmingham returns with bold new theme and focus.
New guidance published on competence requirements for self-certification schemes.
Construction Management, 8 July
NEETs crisis drives interest in trades, but apprenticeships barriers remain.
Passive fire protection webinar
MEP services penetration seals.
Where its at podcast (and video) - The role of the Architectural Technologist as an Expert Witness.
More than 200 remarkable buildings added to SAVE’s Buildings at Risk register.