benefits realisation

Meaning(s)

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

Popularity

Medium

Professional

Low

Social

Check Icon How to Memorize

program/management of benefits realisation

Check Icon Analysis

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.

Check Icon Professional Examples (Advance)

  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.

Check Icon Further Suggestions

cover all bases

Related Links