What should be done with the project benefits register?

What should be done with the project benefits register?

• A. It should be discarded after the project
• B. It should be finalized and attached to the FBC
• C. It should only be used during implementation
• D. It should be updated periodically without finalization

Answer: (B)

The project benefits register is a critical document that outlines the anticipated benefits of a project, how those benefits will be measured, and who is responsible for realizing them. Finalizing the benefits register and attaching it to the Full Business Case (FBC) is essential because the FBC serves as a comprehensive document that justifies the investment in the project. By finalizing the benefits register, project stakeholders can ensure that there is a clear and agreed-upon record of expected benefits, which aligns with the overall objectives of the business case. This formalization of the benefits serves multiple purposes: it provides a benchmark for measuring success, aids project governance by creating accountability among stakeholders, and facilitates ongoing benefit realization activities post-project delivery. It acts as a reference point for tracking whether the project delivers the expected outcomes and helps in sustaining focus on the intended benefits throughout the project lifecycle and beyond. In contrast, simply discarding the register after the project would neglect the ongoing potential to derive and measure value from the project. Using it only during implementation limits its usefulness to a narrow timeframe, while updating it periodically without finalization lacks the necessary formality and doesn’t provide a clear long-term reference for benefit tracking. Thus, finalizing and attaching the benefits register to the FBC

The project benefits register is a critical document that outlines the anticipated benefits of a project, how those benefits will be measured, and who is responsible for realizing them. Finalizing the benefits register and attaching it to the Full Business Case (FBC) is essential because the FBC serves as a comprehensive document that justifies the investment in the project. By finalizing the benefits register, project stakeholders can ensure that there is a clear and agreed-upon record of expected benefits, which aligns with the overall objectives of the business case.

This formalization of the benefits serves multiple purposes: it provides a benchmark for measuring success, aids project governance by creating accountability among stakeholders, and facilitates ongoing benefit realization activities post-project delivery. It acts as a reference point for tracking whether the project delivers the expected outcomes and helps in sustaining focus on the intended benefits throughout the project lifecycle and beyond.

In contrast, simply discarding the register after the project would neglect the ongoing potential to derive and measure value from the project. Using it only during implementation limits its usefulness to a narrow timeframe, while updating it periodically without finalization lacks the necessary formality and doesn’t provide a clear long-term reference for benefit tracking. Thus, finalizing and attaching the benefits register to the FBC