During project close-out, the project manager presents the benefits-realization plan to the steering committee. The sponsor asks why the plan includes a formally signed "benefit owner agreement" that assigns responsibility for benefits tracking to the operations director once the project is closed. Which rationale best explains why having that documented agreement is essential?
It assigns enduring accountability for monitoring and realizing the intended benefits after hand-off to operations.
It lets the project manager keep authority over project resources after closure.
It accelerates initiation of the next project by bypassing governance reviews.
It guarantees an immediate cash return from the project's deliverables.
A signed benefit-owner agreement designates who will be accountable for monitoring, measuring, and optimizing the benefits long after the project team disbands. By making this accountability explicit, the organization safeguards the link between the delivered outputs and the strategic value they are meant to generate. Without such documented ownership, benefits may go unmeasured or unmanaged, risking loss of value and misalignment with strategic objectives.
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What is benefit realization in project management?
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