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1. Identify benefits and trade-offs 1.1 Evaluate benefits and their alignment to organisational objectives

26 / 01 / 2019 Essay Updates

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Unit Sector

Management and Leadership – Project Management

Elements and Performance Criteria

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify benefits and trade-offs

1.1 Evaluate benefits and their alignment to organisational objectives

1.2 Define and communicate expected short- and long-term benefits and trade-offs with pertinent stakeholders

1.3 Assess qualitative and quantitative data continuously captured to determine project and program performance against respective plans

1.4 Monitor and evaluate internal and external program contexts for circumstances that may require changes to the expected benefits

2. Execute to deliver expected benefits

2.1 Define and agree benefits dependencies with pertinent stakeholders

2.2 Devise and agree benefits delivery approach with pertinent stakeholders considering impact of the benefit into risk management, issues management, and change control

2.3 Assign and have accepted ownership of benefits delivery

2.4 Periodically review, confirm and update benefits measurement approach and benefits delivery approach

3. Sustain and evaluate attainment of expected benefits

3.1 Assess deliverables from constituent projects in accordance with the benefits measurement approach

3.2 Measure and report progress toward delivery of expected benefits with pertinent stakeholders

3.3 Evaluate and communicate benefits against forecast projects delivery plan

3.4 Assess and record lessons learned throughout projects and communicate to pertinent stakeholders

3.5 Address variances in delivery of expected benefits


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