A benefit profile describes a benefit clearly, its inter-dependencies, its description and its value for the project.
A benefit profile should be prepared for each benefit. This helps to:
- Define the extent of the improvement that the benefit will deliver
- Ensure an appropriate person is accountable for the delivery of the benefit
- Prioritise benefits
- Clarify the project outputs that are needed to enable the benefit to be realised
Quantified Benefits Profile
Creating a Quantified Benefits Profile is the last step in completing the benefits management plan. This involved creating a cost profile with a month-by-month breakdown of when hard benefits will be realised.
If you have any questions or need any assistance with planning your benefits or completing the benefits management plan, please contact the Project Journal team. We are here to help!