Benefit profile

Purpose
Used to define each benefit (and dis-benefit) and provide a detailed understanding of
what will be involved and how the benefit will be realized

Content checklist Responsibilities

 What is the reference number or identifier? Approve Producer Reviewer
 Can you describe the benefits/dis- r
benefits?
Producer Reviewer Approver Sponsoring group
 How do the benefits support
programme/organization objectives? BC PgM
 What outcomes can you identify following
programme implementation?
 What categories can you apply to the
benefits? Lifecycle
 Which business KPIs will be affected by
the benefits now and in the future?
 What are the current/baseline performance Created Defining a programme
levels?
 What level of improvement or deterioration
do you anticipate?
 What are the costs of benefit realization
and business change? Implemented Realizing benefits
 What capabilities delivered by which
projects are needed to realize the
benefits?
 Which outcomes are needed to realize the Reviewed & Managing the tranche end/
benefits? updated Closing a programme
 What changes to process, culture, people
are policy do you need to realize benefits?
 What issues/risks might affect full benefits
realization?
Hints and tips
 What other events, programmes or
Avoid generic descriptions such as ‘better’ when naming
projects might affect this programme? the benefit
 Who is responsible for realizing this
benefit? As a minimum, the Benefit Profile should contain
 Who and which business area will receive information on four aspects of the benefit:
the benefit? Description – what is the benefit?
 How will you measure the impact of the Observable outcomes – what will be different?
benefit (e.g. financial)? Attribution – where will the benefit arise?
Measurement – how and when will it be measured?

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