This paper circulates around the core theme of 1.2 Define and communicate expected short- and long-term benefits and trade-offs with pertinent stakeholders together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 79. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Management and Leadership – Project Management
Elements and 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