benefits realisation


1. a way of monitoring resources invested in a project in order to ensure the realisation (achievement) of potential benefits






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program/management of benefits realisation

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The phrase 'benefits realisation' is an expression you will generally only hear in business or professional settings used to talk about the success of investing and managing time and resources. It is a way of monitoring or expressing whether or not potential benefits are actually felt by the organization concerned. This is a very niche term only used in specific professional contexts.

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  1. A central belief of benefits realisation is that change is motivated by benefits, and benefits are the result of a change.
  2. In order to ensure the success of this project, we need a project manager who understands the merits of benefits realisation.
  3. The projections for the results of the upgrade incorporated a program of benefits realisation.

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