Project work is pointless unless the organization sponsoring the project perceives that it will contribute towards business benefits.
Where projects are part of a business change programme - and, in particular, when using OGC’s Managing Successful Programmes (MSP®) - the role of the projects is to ‘create business outputs’ (products).
The role of the programme is to direct the projects in order to achieve longer-term outcomes (i.e. the results of the changes) and benefits (i.e. advantageous improvements) in line with the sponsoring organization’s strategic objectives.
Thus the emphasis in PRINCE2® is on products and the emphasis in MSP® is on outcomes and benefits.
In an MSP® programme, benefits management is normally undertaken at the programme level.
However, not all projects are organized to form part of a wider programme and not all programmes are structured in line with the MSP® guidance.
Moreover, it is often the case that some of the outcomes are achieved and benefits can be realized while the project is still in existence - and can therefore be managed within the scope of the project.
Regardless of whether the project exists within a programme or not, the senior managers who have governed a project are likely to have a role to play in ensuring that the organization gains the benefits expected from the investment.
All references above are in Directing Successful Projects with PRINCE2 unless stated otherwise.
PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.
MSP® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.