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PRINCE2 2009 - Directing Projects with PRINCE2 part 71

Reviewing benefits

Suggested agenda for benefit reviews

A generic agenda for Project Board reviews was introduced in the section covering ‘Project Board duties and behaviours’ (see ‘Progress control’ under ‘Ensure effective decision making’).
However, as the Project Board no longer exists post-project, a suggested agenda for reviewing benefits is outlined in the example below.

Suggested benefits review agenda

Look back:Planned benefits accrued to date. Unplanned benefits accrued. Root cause(s) of variation. What lessons have been learned?
Look forward:Benefits forecast for the future. What are the likely lessons?
Assess Business Case performance:What are the current estimates for full-life costs? How does the updated Business Case compare with the one agreed at project initiation?
Decision: close the Business Case:Is the investment sufficiently validated? Do we need another benefits review?

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.

This product contains EVERYTHING in the publications:

Managing Successful Projects with PRINCE2 - 2005 edition
Managing successful Projects with PRINCE2 – 2009 edition
Directing Projects with PRINCE2.
plus:
The Complete Project Management package.

And much more besides - at a fantastic price.