PMBOK® GUIDE SIXTH EDITION The key elements of the benefits management plan6 March 2021
PMBOK® GUIDE SIXTH EDITION
The key elements of the benefits management plan
The benefits management plan describes key elements of the benefits and may include, but is not
limited to, documenting:
- Target benefits (e.g., the expected tangible and intangible value to be gained by the
implementation of the project; financial value is expressed as net present value).
- Strategic alignment (e.g., how well the project benefits align to the business strategies of the
- Time frame for realizing benefits (e.g., benefits by phase, short-term, long-term, and ongoing.
- Benefits owner (e.g., the accountable person to monitor, record, and report realized benefits
throughout the time frame established in the plan).
- Metrics (e.g., the measures to be used to show benefits realized, direct measures, and
- Assumptions (e.g., factors expected to be in place or to be in evidence); and
- Risks (e.g., risks for realization of benefits).