Managing Benefits V3 Handbook

The guidance is structured using the Benefits Management Cycle and illustrated throughout with research findings and real world examples. It demonstrates how benefits are the rationale for the investment of taxpayers’ and shareholders’ funds in change initiatives – and hence why successful realization of benefits is so essential.

This new edition reflects developments over the last 12 years including revised guidance from the PMI and APM, as well as publications from academics and practitioners alike. Additionally, organizations in both public and private sectors have adapted, and continue to adapt, best-practice benefits management guidance tailored to their specific circumstances. This update to Managing Benefits takes the opportunity to incorporate examples, case studies and references from the above. Similarly, we’ve also enhanced the guidance to reflect developments in related areas such as project, programme and portfolio delivery frameworks (including Praxis); strategy execution and the relationship between benefits and the OKR framework; and clarification on how benefits management is relevant to all project and programme delivery methodologies, including agile, hybrid and the more traditional methodologies.