Term
What is the second part of the business documents? |
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Definition
A Project Benefits Management Plan. |
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Term
What is a project benefits management plan? What else does it describe? |
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Definition
A document showing how and when the benefits of a project will be delivered. Also describes mechanisms to measure benefits. |
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Term
What are the seven elements of benefits? (S.T.A.R.B.M.T.) |
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Definition
Strategic alignment, target benefits, assumptions, risks, benefits sponsor, metrics, timeframe for realizing benefits. |
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Term
How is a benefits management plan developed? |
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Definition
Developed by business case and needs assessment. |
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Term
What do the metrics provide? |
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Definition
Validation of success and verification of business value |
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Term
Development and maintenance of BMP is a ____cycle |
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Definition
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