Learn how a benefits realization plan can help you manage and measure the benefits of your project or program, and how to monitor and update it to ensure alignment with business value.
Table of Contents
Question
During the course of a project, the project manager wants to ensure that the work carried out and the product being created do not deviate from the prescribed business value.
What should the project manager pay special attention to in order to achieve this goal?
A. Reviewing and updating the requirements management plan
B. Carrying out quality audits and failure analyses
C. Monitoring the work breakdown structure (WBS)
D. Monitoring and updating the benefits realization plan
Answer
D. Monitoring and updating the benefits realization plan
Explanation
A benefits realization plan is a document that outlines the activities necessary for achieving the planned benefits of a project or program. It defines the benefits and associated assumptions, the metrics and procedures to measure progress, the roles and responsibilities required to manage benefits, and how the resulting benefits and capabilities will be transitioned and sustained. By monitoring and updating the benefits realization plan, the project manager can ensure that the work and the product align with the desired business value and outcomes.
Reference
Project Management Professional PMI-PMP certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the Project Management Professional PMI-PMP exam and earn Project Management Professional PMI-PMP certification.