BS 202002:2023

$108.24

Applying benefits management on portfolios, programmes and projects. Guide

Published By	Publication Date	Number of Pages
BSI	2023	68

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Categories: 03.100.01 - Company organization and management in general, BSI

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Description

PDF Catalog

PDF Pages	PDF Title
5	Foreword
7	0 Introduction
8	Figure 1 — Structure of this British Standard 1 Scope
9	2 Normative references 3 Terms and definitions
13	4 Context in which benefits management should happen 4.1 Value of implementing benefits management 4.2 Organizational context
14	Figure 2 — Example of how benefits align to strategy and objectives, and are realized through portfolios, programmes and projects 4.3 Portfolios, programmes and projects Figure 3 — Example of the relationship between portfolios, programmes, projects and other related work
16	4.4 Management of organizational and societal change 4.5 Benefits Figure 4 — Traceability from outputs to objectives
18	4.6 Benefits management 5 Governance of benefits management 5.1 Management framework
19	5.2 Assurance of benefits management
20	5.3 Benefits management roles Table 1 — Example of benefits management roles for a programme and their responsibilities
23	6 Principles 6.1 Benefits management effort is proportional to the impact of the investment 6.2 Business case or portfolio plan sets out benefits and is reviewed 6.3 Benefits management is an ongoing activity
24	6.4 Stakeholders are engaged in benefits management 6.5 There is clear responsibility for realizing benefits after work components are completed 6.6 Benefits should be prioritized for management and realization
25	6.7 Benefits have a causative connection to the work components which enable them 6.8 The time period over which benefits are recognized is defined
26	6.9 Environmental and social benefits are recognized and reported 7 Application of benefits management across a portfolio 7.1 Overview Figure 5 — Benefits management in a portfolio
27	7.2 Define and clarify required benefits
28	7.3 Assess benefits realization 7.4 Identify benefits variance
29	7.5 Address benefits variance
30	8 Application of benefits management across a programme or project 8.1 Overview 8.2 The process of benefits management across a programme or project life cycle Figure 6 — Benefits management in a project or programme
31	Figure 7 — Benefits management practices in relation to a typical life cycle of a project
32	Figure 8 — Benefits management practices in relation to a typical life cycle of a programme
33	8.3 Define need or opportunity, and value to the organization
34	Figure 9 — Links between portfolio benefits management and other work component benefits management 8.4 Plan benefits and contribute to the business case
35	8.5 Recommend decisions during delivery of a work component to optimize benefits realization
36	8.6 Monitor benefits realization
37	8.7 Benefits management in other related work 8.8 Programme and project benefits in the context of portfolio management
38	9 Benefit cycle 9.1 Overview
39	Figure 10 — Benefit cycle 9.2 Identify a benefit 9.3 Plan a benefit
40	9.4 Realize a benefit 9.5 Review the realization of a benefit
41	10 Benefits management practices 10.1 Overview 10.2 Benefits mapping
42	10.3 Benefits categorization
43	10.4 Benefits valuation, forecasting and measurement
46	10.5 Risk, assumption, issue, dependency (RAID) management
47	10.6 Prioritization of work
48	10.7 Benefits realization plan 10.8 Benefits realization reporting
49	10.9 Engagement and consultation with stakeholders
50	10.10 Documenting benefits management
53	11 Implementation of benefits management across the organization 11.1 Overview 11.2 Implementing a benefits management framework
54	11.3 Establishing defined reporting units 11.4 Establishing a metrics and measures repository
55	11.5 Using benefits management for decision‑making 11.6 Using benefits management to drive strategy
56	Annex A (informative) Example of the use of benefits management for investment decisions Figure A.1 — Example gates between phases and the associated benefits management activities Table A.1 — Decision points (gates) in the example project life cycle
59	Annex B (informative) Examples of benefits maps
60	Table B.1 — Benefits map types
61	Figure B.1 — Example of a bi‑directional benefits map
62	Figure B.2 — Example of a benefits dependency network (BDN)
63	Figure B.3 — Example of a results chain benefits map
64	Annex C (informative) Demonstrating achievement of implementation at different levels
66	Bibliography

Additional information

Status	Withdrawn
Pages	68
Publication Date	2023-05-26
Withdrawn Date	2023-12-19
ISBN	978 0 539 13532 9
Standard Number	BS 202002:2023
Title	Applying benefits management on portfolios, programmes and projects. Guide
Descriptors	Organization of data, Organizations, Management, Project management, Cost benefit analysis
Publisher	BSI
Committee	MS/2
ICS Codes	03.100.01 - Company organization and management in general

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