Question: Project name: Afteeburner Oxygen Improvement Create a detailed benefit realisation strategy ( plan ) , specifying responsible parties. First, describe the process that will be
Project name: Afteeburner Oxygen Improvement
Create a detailed benefit realisation strategy plan specifying responsible parties.
First, describe the process that will be used to identify the strategicbusinesslevel benefits associated with the projects product deliverablesoutputsThen use a table with columns, and column headings to do the following:
List and describe each organisational level strategic identified benefit.
Explain how the benefit will be realised.
Indicate the specific quantitative and qualitative metrics that will be used to determine if the benefit has been realised.
Indicate the targeted timing for the realisation of the listed benefit.
Indicate the stakeholder responsible for the realisation of the listed benefit.
Then explain how the identified benefits will be tracked and reported? You can use traditional project management tools, like Gantt charts, to note and track the benefits.
Finally, state how benefits variances not achieving target will be addressed. You need to provide information about the specific measures and actions that will be applied if a targeted benefit has not been realised.
Tip: A Benefits Realisation Plan documents what the expected benefits of a given project are, and details how they will be measured and realised, including who is accountable for measuring and realising them, and when the benefits will be realised during the project and after the project is complete
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