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 and news
Architecture in Britain and Ireland, 1530 - 1830
Steven Brindle’s book is required reading.
Battle for Mill Road Free Library
Years of failures by the county and city councils.
CIOB signs up to Green Skills At Cop campaign
In preparation for COP29 on 11 Novermebr in Azerbaijan.
2024 ECA Industry Awards evening
Full list of electrical contractors scooping top prizes.
Briefing on the implications of the final Grenfell inquiry report
What it means for Architectural Technology professionals.
CIOB Art of Building photo contest 2024
International showcase for the very best photography of the built environment.
Celebrating architecture's eloquent champions.
Unusual perspectives on 1960s’ thinking.
AI and the challenges to intellectual property
The legal landscape of adopting AI now and in the future.
Worrying landscape for Welsh construction SMEs revealed.
In recent risk factor analysis report completed by CIOB.
Construction Sport survey highlights risks of dehydration
Supporting construction workers to avoid dangers.
Can your business afford to ignore mental well-being?
£70 - 100 billion annually in UK construction sector.
Mental health in the construction industry
World Mental Health Day 10 October.
Construction awards provide relief in wake of ISG collapse
Spike in major infrastructure awards, housing up but short of targets, are ISG collapse impacts yet to come.
Biodiversity net gain with related updates and terms
Only 0.5% of applications subject to BNG in the context significant proposed changes to planning.