Frequently Asked Questions - Requirements / Benefits Management

The P3M3 Benefits Management perspective scope covers ensuring that the organisation defines and manages the value that it anticipates gaining from the investment. The achievement of benefits will invariably involve some sort of change; this may take many different forms, from incremental improvement to structural change.

The P3M3 Benefits Management perspective covers the initial definition of requirements through to the release of benefits or value. The perspective is active from the start and plans may continue past the closure date of initiatives.

Different organsations tend to have their own views on benefits which makes it difficult to generalise. The benefits of a public‐sector central body are quite different from those of a utility or a small private‐sector organisation. To be effective, an organisation will need to have a clear definition of what a benefit means to them.

These guides, articles and videos provide help with some of the concepts and techniques