Domain III: Benefits Management Flashcards
1
Q
- Develop the benefits realization plan and its measurement criteria in order to set the baseline for the program and communicate to stakeholders, including sponsors.
A
Benefits Management
2
Q
- Identify and capture synergies and efficiencies identified throughout the program life cycle in order to update and communicate the benefits realization plan to stakeholders, including sponsors.
A
Benefits Management
3
Q
- Develop a sustainment plan that identifies the processes, measures, metrics, and tools necessary for management of benefits beyond the completion of the program in order to ensure the continued realization
of intended benefits.
A
Benefits Management
4
Q
- Monitor the metrics (for example, by forecasting, analyzing variances, developing “what if” scenarios and simulations, and utilizing causal analysis) in order to take corrective actions in the program and maintain and/or potentially improve benefits realization.
A
Benefits Management
5
Q
- Verify that the close, transition, and integration of constituent projects and the program meet or exceed the benefit realization criteria in order to achieve program’s strategic objectives.
A
Benefits Management
6
Q
- Maintain a benefit register and record program progress in order to report the benefit to stakeholders via the communications plan.
A
Benefits Management
7
Q
- Analyze and update the benefits realization and sustainment plans for uncertainty, risk identification, risk mitigation, and risk opportunity in order to determine if corrective actions are necessary and communicate to stakeholders.
A
Benefits Management
8
Q
- Develop a transition plan to operations in order to guarantee sustainment of products and benefits delivered by the program.
A
Benefits Management
