IBM PMI-PgMP Certification Practice Test 2026 – The All-in-One Guide to Program Management Mastery!

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What is a key component of a benefits realization plan?

Identifying new stakeholders for the next program

Outlining risk management strategies for the staff

Determining how and when program benefits will be measured

A key component of a benefits realization plan involves determining how and when program benefits will be measured. This is essential because the purpose of the benefits realization plan is to establish clear metrics and timelines for evaluating the success of the program in delivering its intended benefits. By specifying these measures, organizations can assess whether the program meets its goals and ensure that stakeholders are informed about the progress and effectiveness of the initiatives undertaken.

Measuring program benefits at defined intervals allows for timely adjustments to be made if the expected benefits are not being realized as anticipated. It also provides a systematic way to communicate the value generated to stakeholders, thereby enhancing accountability and support for future programs. Overall, having a structured approach to measuring benefits is critical for validating the program's success and informing future decision-making.

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Compiling previous project outcomes

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