Assignment about Benefits Realisation Plan

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
BENEFITS REALISATON PLAN TEMPLATE
Program Title: WA Schools Public Private Partnership Program
Assumptions: (5 marks)
 The projects are on the verge of completion
 The projects have been performing well
 The projects are on track
Problem or Opportunity Statement: (5 marks)
 Although the different school projects which have been undertaken seem to be performing well, it is integral to note that, the projects have been
facing certain issues whereby it is not being able to successfully turn out to be as successful as it was planned for earlier. Therefore, the benefits
plan will aim to design the manner in which the different Benefits can be achieved for the firm and the Key performance Indicator can be utilised
by the program.
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
1

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for
Verification
Responsible Person
for assessing the
Benefit
Risks that could
prevent the Benefit
from being realised
(2 to 3 risks per
benefit)
Strategic Objectives
Supported by this
Benefit
Project 1 (30 Marks)
Project Name: Woodland Grove
Better education in the
area
50% higher literacy rate
in the region by a span of
2 years
The school records The auditor Low admission rates
Higher fees
Lack of adequate
training staff
To ensure 100% literacy
rate in the area or the
locality
Higher returns on the
investment
20% higher revenues in
the next 3 years
The school financial
statements
The auditor and the
accountant of the school
Competition from other
schools
Fees and infrastructure
issues
The strategic objective
which can be achieved is
ensuring high returns and
consistent business
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
2

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for
Verification
Responsible Person
for assessing the
Benefit
Risks that could
prevent the Benefit
from being realised
(2 to 3 risks per
benefit)
Strategic Objectives
Supported by this
Benefit
Lack of right teacher
and staff
growth.
Efficiencies in the
educational departmental
Improvement in service
delivery rate by 30% in
the coming 3 years
The annual reports of the
school
School head and auditor Infrastructure issues
Funding issues
Execution issues
Achieving better
financial efficiencies and
better service efficiency
as well
Project 2 (30 Marks)
Project Name: Alkimos Beach
Better educational
opportunities
The overall educational
condition of the country
side
The annual report of the
region
School head Infrastructure issues
Funding issues
Achieving value for
money for the assets
which are readily
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
3