G01 - Evaluate the benefits

This management activity belongs to the post-project management activity group: a 3- to 6-month cycle of activities that start after the project ends and continues for 1 to 5 years. This activity group may be merged with that of other finished projects in a central portfolio management system.

The same person who was the sponsor for the project is responsible for this cycle, unless this responsibility is transferred to someone else.

The sponsor (or someone on their behalf) should spend a few hours in every post-project cycle, measuring the benefits realized from the project.

Besides the expected benefits, the sponsor should be actively looking for unexpected benefits, potential benefits, and dis-benefits as well.

Purpose

We should evaluate the benefits of the project for the following reasons:

Common pitfalls

You can avoid some of the commonest issues by considering the following:

Principles

The following principles play a significant role in this management activity:


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Downloadable PDF of the manual


Introduction

A - Project Initiation

B - Monthly Initiation

C - Weekly Management

D - Daily Management

E - Monthly Closure

F - Project Closure

G - Post-Project Management



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