Program Benefits Analysis for XXX

This assessment requires the student to design and analyze the program benefits of XXX program in the field of IoT and healthcare. The assessment includes tasks such as identifying stakeholders, defining program benefits, and prioritizing benefits using decision making skills.

T-1.8.1
Details of Assessment
Term and Year 1, 2019 Time allowed 8Weeks
Assessment No 1 Assessment Weighting 100%
Assessment Type Program Benefits Analysis
Due Date Week 8 Room TBA
Details of Subject
Qualification BSB61218 Advanced Diploma of Program Management
Subject Name Manage Benefits
Details of Unit(s) of competency
Unit Code (s) and
Names
BSBPMG623 Manage Benefits
Details of Student
Student Name
College Student ID
Student Declaration: I declare that the work
submitted is my own, and has not been
copied or plagiarised from any person or
source.
Signature: ___________________________
Date: _______/________/_______________
Details of Assessor
Assessor’s Name Robert Cutuli
Assessment Outcome
Results Competent Not Yet Competent Marks / 100
FEEDBACK TO STUDENT
Progressive feedback to students, identifying gaps in competency and comments on positive improvements:
______________________________________________________________________________________
______________________________________________________________________________________
______________________________________________________________________________________
______________________________________________________________________________________
Student Declaration: I declare that I have been
assessed in this unit, and I have been advised of my
result. I am also aware of my right to appeal and the
reassessment procedure.
Signature: ____________________________
Date: ____/_____/_____
Assessor Declaration: I declare that I have
conducted a fair, valid, reliable and flexible
assessment with this student, and I have provided
appropriate feedback
Student did not attend the feedback session.
Feedback provided on assessment.
Signature: ____________________________
Date: ____/_____/_____
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Purpose of the Assessment
The purpose of this assessment is to assess the student in the
following learning outcomes:
Competent
(C)
Not Yet
Competent
(NYC)
1.1 Define and communicate expected short- and long-term benefits and
trade-offs with pertinent stakeholders
1.2 Monitor and evaluate internal and external program contexts for
circumstances that may require changes to the expected benefits
1.3 Periodically review expected benefits and trade-offs and confirm or
update
2.1 Define and agree benefits measurement approach with pertinent
stakeholders
2.2 Devise and agree benefits delivery approach with pertinent stakeholders
2.3 Assign and have accepted ownership of benefits delivery
2.4 Periodically review, confirm and update benefits measurement
approach and benefits delivery approach
3.1 Assess deliverables from constituent projects in accordance with the
benefits measurement approach
3.2 Measure and report progress toward delivery of expected benefits with
pertinent stakeholders
3.3 Address variances in delivery of expected benefits
Assessment/evidence gathering conditions
Each assessment component is recorded as either Competent (C) or Not Yet Competent (NYC). A student
can only achieve competence when all assessment components listed under “Purpose of the assessment”
section are recorded as competent. Your trainer will give you feedback after the completion of each
assessment. A student who is assessed as NYC (Not Yet Competent) is eligible for re-assessment.
Resources required for this Assessment
 Computer with relevant software applications and access to internet
 Weekly eLearning notes relevant to the tasks/questions
Instructions for Students
Please read the following instructions carefully
 This assessment has to be completed In class At home
 The assessment is to be completed according to the instructions given by your assessor.
 Feedback on each task will be provided to enable you to determine how your work could be improved.
You will be provided with feedback on your work within two weeks of the assessment due date. All other
feedback will be provided by the end of the term.
 Should you not answer the questions correctly, you will be given feedback on the results and your gaps
in knowledge. You will be given another opportunity to demonstrate your knowledge and skills to be
deemed competent for this unit of competency.
 If you are not sure about any aspects of this assessment, please ask for clarification from your
assessor.
 Please refer to the College re-assessment for more information (Student Handbook).
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PERFORMANCE OBJECTIVE
Students will apply analytical skills to identify and articulate program benefits, prioritise benefits using
decision making skills, use evaluation skills to measure and assess program benefits performance,
and negotiate agreed approaches with stakeholders.
INSTRUCTIONS ON SUBMISSION REQUIREMENTS
± You are required to use the programgovernance plan template attached and follow the
assessment structure to design a Program Benefits Analysis Tool for an organisational
program management. You are to follow the layout of the template (but allowed to include
additional templates) and complete all the sections of the template for the management of
benefits.
± To complete this program benefits analysis, you have two options: 1) you may wish to select
the organisation of your choice (where you may be working in a program), or 2) select the
case organisation scenario that is mentioned within this assessment.
± You are required to submit a hard copy of the assessment by the due date mentioned in
cover page.
± There are no specific word limits on the program benefits analysis but you must ensure you
complete all tasks within the template and the assessment structure.
CASE ORGANISATION FOR THE PROGRAM(if not using your own organisational program)
Project Organisation: CEBIT Australia
Website:http://www.cebit.com.au/
(Information partly sourced from CEBIT’s website)
CeBIT is the focal point for the Asia Pacific business technology industry. Across both the exhibition
and conference, CeBIT Australia is the leading marketplace for current and future business
technology.
This year CeBIT Australia is celebrating its 17th year and in that time it has truly cemented its position
as the business technology event for the region, attracting thousands of technology professionals
from Government, enterprise, SMEs and start-ups.
Same as previous years, CeBIT is organising APAC’s largest & longest running B2B technology
exhibition & conference with 15k technology professionals from enterprise, government, SME & start-
up to join the program event.
The program event has truly cemented its position as the business technology event for the region,
attracting thousands of technology professionals from Government, enterprise, SMEs and start-ups.
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The NSW Government are the Official Partner of CeBIT Australia and we are also supported by the
City of Sydney amongst other organisations. CeBIT Australia is organised by Hannover Fairs
Australia, part of the government owned Deutsche Messe group. With our return in last year to Darling
Harbour at the impressive new ICC Sydney facility, CeBIT Australia attracted over 15,000 attendees
from Australia’s most important organisations.
Details of the program event
CeBIT focuses on three main pillars, which will be demonstrated at the program event:
Content & Learning: Over 230 presenters gave incredible insights into topics including cyber
security, big data, cloud, fintech, mobility, IoT, digital health, egovernment, women in technology,
innovation, next generation technologists, SME business growth and much, much more! Our
international keynotes included cyber security doyen Eugene Kaspersky and Randi Zuckerburg,
former marketing head at Facebook.
Product Discovery: More than 320 companies demonstrated their capabilities in the CeBIT Australia
exhibition. The range of exhibiting companies gives visitors a unique view of the latest in business
technology. The exhibition is supported by showfloor content and features to bring the technology to
life.
Collaboration & Networking: The Exhibition Networking Drinks allow all attendees to mix in a
relaxed atmosphere at the end of day two. The 2017 event also saw the ACS launch their annual
Digital Pulse report. The CeBIT Black VIP Evening brought together 500 of the leading business and
government technologists. The evenings allowed them to network and learn from a range of forward
looking presentations.
Details on Last Year Program Event
In last year’s program event CeBIT Australia 2017 delivered 313 exhibitors, 15,559 attendees,
International Keynotes including Eugene Kaspersky, 8 conferences, 6 Strategic Panels, 3 Showfloor
Theatres, Networking events, StartUp zone, conference &PitchFest.
ProgramEvent&Project for the Event: Since CeBIT is a big organisation that organises massive
learning and networking event for business and community it would be suitable for you to clearly look
into the details of the projects associated with the program.
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The event is expected to be in ICC Sydney at Darling Harbour and run
for the 3 days. Due to the significant size of the program event, the management of the organisation
has broken down this event into several sub-projects such as:
± Venue & Event Security Project
± Ticketing, Website, Stall Sales, Advertising and Social Media Project
± Stage Management, Backstage and Dressing Room project
± Sound, Video and Lights Project
± Cleanliness and Maintenance Project
± Food and Beverage Project
± Finance and Accounting Project
± Media and VIP Guest Management Project
± Transportation & Delivery Project
Being a manager of the program organisation, you are required to identify and articulate program
benefits, prioritise benefits using decision making skills, use evaluation skills to measure and assess
program benefits performance, and negotiate agreed approaches with stakeholders.
CONTEXT AND SITUATION
You are working in one of the Program Department of the organisation and your Senior Program
Manager has asked you to design and analyse the program benefits of that program. If you have
chosen to use your own organisation, you may think of the program that relates with your
organisation.
Your trainer will play the role of the Senior Program Manager and expects you to submit a program
benefits analysis following the Assessment Structure and using the template attached.
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T-1.8.1
ASSESSMENT STRUCTURE & MARKING CRITERIA(for trainer use only)
The assessor is required to use the marking rubric below to assess the learner performance in each
task as mentioned.
TASK DETAILS MARK ALLOCATED MARK RECEIVED
TASK 1: PROGRAM NAME & TITLE 5
TASK 2: PROGRAM SCOPE 5
TASK 3: PROGRAM STAKEHOLDERS 5
TASK 4: DEFINE PROGRAM BENEFITS 5
TASK 5: PROGRAM COMMUNICATION ACTIVITIES 5
TASK 6: BENEFITS MEASUREMENT APPROACH &
REALISATION 5
TASK 7: BENEFITS DELIVERY APPROACH 5
TASK 8: OWNERSHIP OF BENEFITS DELIVERY 5
TASK 9: PROGRAM BENEFIT OBJECTIVES 5
TASK 10: BENEFITS ANALYSIS 15
TASK 11: BENEFITS STATEMENT 5
TASK 12: BENEFITS REGISTER 10
TASK 13: POTENTIAL RISKS TO BENEFITS
REALISATION 10
TASK 14: BENEFITS PROFILE IN DETAIL 10
APPENDIX & REFERENCES 5
TOTAL 100
ProgramBenefits Analysis template follows next page.
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T-1.8.1
PROGRAM BENEFITS ANALYSIS FOR XXX
Submitted by:
TASK 1: PROGRAMNAME & TITLE (use SMART method to clarify the program title with all project
timelines and deliverables)
Content & Learning: Presentation & Disruption Report, demonstrating the potential impact of
5G technology (IoT) in Healthcare.
IoT enables the interconnection and integration of physical world with the cyber space to provide
intelligent services. The deliverables of the program will include: application and implementation of IoT
in healthcare industry, the differences IoT is going to make, regulations and ethics (market and law),
Processes impacted, Events, Process factors, Process Description and Outcomes. The Program will
be delivered in five sessions of 1 hour each, once a week.
The new benefits of IoT will unravel in the program, latest inventions, implementation approaches and
how their adoption will be a win-win for every kind of business.
TASK 2: PROGRAM SCOPE
(State the scope of the program (what is in and out of scope), keeping in mind that scope items in a
program will relate to business results, not tactical delivery items)
SCOPE IN  To elaborate how adopting IoT can boost the business
 To demonstrate advanced knowledge lecture over Potential Impact of 5G in
Healthcare
 To perform quiz and pamphlet distribution to facilitate practical
implementation of technology
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SCOPE OUT  No Practical Demonstration
 No display of technical devices
 Point of contact address given in pamphlets will address only Australian
population
TASK 3: PROGRAMSTAKEHOLDERS(Identify the pertinent stakeholders for this program that you
are managing)
Stakeholder Type How is this stakeholder group affected
by your program?
Specify any roles and
responsibilities of this
stakeholder group (if any)
Expert Speaker in
IoT
They will be the source of knowledge
deliver the lecture sessions
They will demonstrate their
experience and knowledge
about IoT
Participants and
Organizations
They will benefit by the lecture They will listen to the
lecture sessions and will
query their doubts
Management They will manage the resources needed
for successful execution of the
presentation
They will take care of the
facilities like sound, light,
ACs etc
Healthcare
Community
They will understand the effective
implementation of technology and
benefits
The doctors, physicians
may participate to get
exposure to the IoT
Researchers They will avail latest knowledge through
expert demonstration
They can use the
information for further
research
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T-1.8.1
TASK 4:DEFINE PROGRAM BENEFITS
(In this section you are required to explain to your stakeholder on how short- and long-term benefits
will be managed)
The Program will demonstrate the short term and long term benefits of IoT. The IoT will help the
stakeholders by imparting knowledge about how IoT can connect millions of mobile devices, medical
devices and data collection equipments. The network will encourage rapid delivery of care by
connecting the doctors and physicians worldwide. It will improve the distribution and sale of drugs and
medicines. Wearable health monitoring devices, mobile health apps, health trackers can immediately
transfer the data of patients to the physicians. The long term benefits will be better ethics, effective
market management, regulations and processes to accomplish the goals.
The short term goals of the program will be to let the people understand us and long term goals will be
to contact us for installation of the IoT in their offices. It will improve our business. Delivering the
content through CEBIT platform will help digitize and expand our business.
TASK 5: PROGRAMCOMMUNICATION ACTIVITIES
(In this task you are required to communicate expected short- and long-term benefits and trade-offs
with pertinent stakeholders as defined in previous task. Using any of the methods such as Meeting,
Reporting, Distribution of published document, or Electronic Mail, communicate to the stakeholders. A
sample template for meeting agenda and minutes is being provided but you may wish to use other
communication methods as well)
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T-1.8.1
MEETING AGENDA
Meeting Name: Potential Impact of IoT in Healthcare
Date of Meeting:
(MM/DD/YYYY)
14/04/2019 Time: 2: 30 pm
Meeting Facilitator: Mr. Andrews Dolly Location: CEBIT
1. Meeting Objective
To communicate with the stakeholders about successful management of the Program
2. Attendees
Name Department/Division E-mail Phone
Mr. Smith Printing and Distribution of
pamphlets
Smith@ abc.in 63425362
Mr. Anthony Sound Technology and
lIght Projection
Anthony @abc.in 64635232
Mr. Steward Food and Beverage [e-mail] 67242309
3. Meeting Agenda
Topic Owner Time
Successful printing of the pamphlets and quiz brouchers Mr. Smith 11.00
am
Playing of introductary video clip at the beginning Mr.Anthony 2.10
pm
Distribution of brouchers and quiz pamphlets Mr. Smith 2: 30
pm
4. Pre-work/Preparation (documents/handouts to bring, reading material, etc.)
Description Prepared by
A video clip demonstrating introductory information about our
Organization ‘ABC’ will be played. It will familiarize the partcicipants
with our business gaols and objectives.
Mr. Stalls
A checklist of all the deliverables will be printed to ensure all the
components are delivered exactly as planned.
Mt. Smith
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T-1.8.1
MEETING MINUTES
1. Agenda and Notes, Decisions, Issues
Topic Owner Time
Two guest experts will be invited for each session so that in case
one expert is not available due to any scenario, the lecture could be
delivered by the another IoT expert.
Mr. Stalls 9 am
All the services and facilities for the guest lectures starting from
sending invitation, phone calls, heir tickets, arrival and stay at the
hotel will be uptodate
Mr. Ginger ..
The announcement of the lecture session will be done in the event
planning of CEBIT and will also be reflected on the CEBIT website to
receive registrations for attanding the lecture.
Mr. Steward
2. Action Items
Action Owner Due
Date
The advertisement of the lecture will be made in form of brouchure
having the title of program, special guests, expert name, venue,
location and time of session.
Mr. Spelly 10.02.
19
Discipline and silence will be managed in the auditorium Mr. Criggs 14.
03.19
Thank you note will be given by the President of the ABC
organization after the lecture
Mr. Williams 14.03.
19
3. Next Meeting (if applicable)
Date: (MM/DD/YYYY) 16.03.19 Time: 9 am Location: ABC head office
Objective:
To evaluate and analyse the effectiveness of the lecture sessions at CEBIT
TASK 6: BENEFITS MEASUREMENT APPROACH & REALISATION
(In this task you are required to discuss the baseline measurements and agreeing
targets/KPIs. Baseline measurements identify the current performance of an operation so
that improvements can be measured)
The benefits of the current performance of the lecture sessions every week will be assessed by the
regularly increasing number of visitors registrations in the next consecutive weeks to attend the
presentation. The standards of performance will be assessed by effective participation of the
attendees in the program and their interaction with the speaker in form of appreciations, claps,
questions, answers and involvement in the talk. Finally at the end of the program, the responses of
the participants in the quiz will specify the level of understanding we have conveyed.
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T-1.8.1
The feedback and reviews of the attendees over the register after attending the sessions and on the
website will also reflect the success of the program. The business progress achieved after the
presentation will also give a clear idea about the impact.
TASK 7: BENEFITS DELIVERY APPROACH
(In this task you are required to highlight the approaches you are undertaking for
benefits delivery)
We are in business of installation of IoT on demand in Australia. We have many offices across the
country. The benefits will be delivered to the Organisations participating in the presentation by further
giving them assistance in making their business IoT and 5G connected. We can help them re-
innovate their business by connecting their offices and businesses with the IoT. We will be available
on demand over a call. Any of the Organizations can contact us on the contact numbers displayed on
CEBIT website or on the pamphlets distributed in the program.
TASK 8: OWNERSHIP OF BENEFITS
In this section you are required to analyse and discuss on the benefits ownership. To complete this
you will need to address the following:
 Engagement with Benefits Owners: The benefit owners will be the healthcare Organisations
and their management in private or public sector. We can conduct a meeting with the
interested stakeholders who require our services and can plan ahead the implementation of
the technology. Roles and benefit accountabilities: The marketing department will be responsible for effective
advertisement at the CEBIT portal and through the pamphlets.
 Business problems to be resolved: The program is going to give adequate exposure to our
business, making it familiar at national and international fronts. Our contacts will increase, our
services will be demanded more, our business will uplift.
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T-1.8.1
TASK 9: PROGRAM BENEFIT OBJECTIVES(Highlight at least 3 objectives of the program benefits)
1. The Program will give the audience a greater insight into the ethics, laws, market demands,
architecture of IoT and its potential impact on healthcare quality.
2. It will familiarize the ABC Organisation at the international platform like CEBIT and will
regulate our business.
3. It will open up new business opportunities for ABC to be recognized as a forerunner in this
field.
4.
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TASK 10: BENEFITS ANALYSIS (You are required to conduct a Cost benefit analysis or a Social
cost benefit analysis or both analysis depending on the choice of your program. You may wish to use
a template for the quantitative cost benefit analysis. Free templates on cost benefit analysis can be
found on the Internet. Or you can use the one linked here https://www.smartsheet.com/free-cost-
benefit-analysis-templates. For the social cost benefit analysis, you will need to analyse the social
benefits and the costs)
The Program will promote the adoption and installation of IoT technology in Australia.
Traditional system optimization may not be appropriate for the IoT implementation due to
heterogenous systems pertaining to large scale, being operated by multiple entities and rationality,
and incentive mechanism in form of cost, profits and revenue in business. The Cost benefit analysis of
IoT can be performed using the metrics like Total cost of Ownership, Economic Value Added, Net
Present Value, and Activity based Costing.
The IoT involves heterogenous environment consist of Devices, Communications and Networking,
Platform and Data Storage, Data Management and Processing.
In such projects, the benefits are associated with cost avoidance that is avoiding the cost of breaches
in security.
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The data in the table is based on the estimated cost of installation of IoT in a medium size office with
100 -120 employees.
Social Benefits
The IoT implementation can benefit a large sector of industries ranging from diverse fields like
healthcare, transport, supply chain, public health and transport, offices security, retail environments,
operational optimization of workplace safety, navigation and logistics, Smart homes, human health
and fitness monitoring (Niyato, Lu, Wang and Kim, 2015).
5G enables faster delivery of medicines through e-Health or m-Health applications and online
websites which provide a platform for the sale of medicines. The medicines can be chosen online on
uploading the prescription and can be transferred anywhere through supply chain.
5G improves the research and clinical trials by improved flexibility and remote monitoring. More
people can participate in clinical trials through online registration. The technology has improved the
accessibility of medical devices and facilitated faster introduction of new drugs in the market.
The 5G has improved the marketing of pharmaceutical industry through social networking. The 5G
technology has improved the accessibility of medicines to distant places through mobile apps and
websites of pharmaceutical companies connecting directly with the customers. The people can order
the medicines, can consult the doctors online through these apps and can avail medicines on the
basis of diagnosis. The 5G has enabled continuous health tracking and recording of vital signs. The
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T-1.8.1
collected data can be transmitted to the physicians and pharmaceutical
companies to identify the real time health condition of the patient.
There are regulatory and manufacturing standards like PPP Infrastructure, OPC UA, GS1 and ISA
standards used to specify the high speed internet solutions (Kemppainen, 2016). The internet model
for the Pharmaceutical industry covers high level architectures and capabilities and business
integration for performing business operations.
Ethically, the misleading practices implemented by the Pharmaceutical industry such as off label drug
marketing and conflicts of interests must be prevented (Fleck, 2018). The drug risk information should
be provided in the advertisements and marketing. The risks associated with drug interactions and
conflicts of interests should be included on the package description. Mainly the financial and profit
based associations of the pharmaceutical companies with the physicians create conflicts of interests.
These must be avoided either in hospitals or in online medicines portability.
Iot will improve the safety and security of business, will increase the accessibility of business
manifold.
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T-1.8.1
TASK 11: BENEFITS STATEMENT
(In this task you are required to provide statements in regards to the Benefits/outcomes and DIS-Benefits. You are also required to mention the benefit and DIS-
Benefit types and how the benefits are likely to occur for the stakeholders and sponsors)
Benefit Expected benefit outcome Benefit Type Where will the benefit
occur?
Who will be affected?
Sponsors will get exposure in the
market
Improved business outcomes Financial and Marketing At the location of the
business site
Organizations sponsoring
for the program
Attendees will get higher business
opportunities
Opportunity to innovate the business More benefits in business,
improved efficiency
At the location of IoT
installation
All the Organizations and
their Leaders attending
the Program
Opportunities to get more automated
and digitized by adoption of IoT
Accelerated efficiency Reduced expenditure on
costs, Greater economic
benefits.
At the location of business
site
Organizations signing the
business contract with us
International Exposure to business,
recognition
Business expansion Financial, Publicity, Better
business opportunities with
leading Organizations
At the Office of ABC
Business
ABC Company organizing
the program
DIS-benefit Expected outcome Benefit Type Where will the DIS-benefit
occur?
Who will be affected?
NONE
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TASK 12: BENEFITS REGISTER
(In this task you are required to complete the following register toperiodically review expected benefits and trade-offs. To prepare the register you may use the
definitions provided after the register. A sample has been provided in the first row)
Benefit
Title and
Descriptio
n
Link to
Objectives
(Project,
Business,
Strategic) Planned Outcome
Stakeholders
and
Beneficiaries
Progr
am/
Projec
t
Name
Measure Description
& Expected Result
Baseline
Measure
Actual
Measur
es Status
Expected
Realizati
on Date
Reduce the
time for
managers
to fill vacant
positions
Improve
processes and
strengthen
relations with
clients
The process for
approving, posting and
recruiting for open
positions will be
streamlined, reducing
the amount of time it
takes to fill a vacant
position, ensuring
continuous University
services during
employee turnover
Hiring
Managers,
departments
and employees
on campus
using services
impacted by
employee
turnover,
applicants,
recruiters
Recruit
ment
Syste
m
Imple
mentat
ion
Measurement:
average # of days
across all vacant
positions from
employee's last day of
work to the first day
the new employee
starts work; Expected
Result: less than one
month
Baseline
measuremen
t before new
system
implementati
on is an
average of 3
months
Jan 15,
1991: 2
months
On
Track
1-Jan-92
1 year
11.
April
2018
On
track
11 April
2019
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The tasks
can be
accomplish
ed in low
time frames
IoT
implementatio
n improves the
efficiency of
business tasks
The process of data
collection will be
automated and
streamlined. For
example, the patient’s
medical history can be
collected from the
hospitals, the regular
medical status of the
patient can be
monitored from any
hospital through data
sharing and storage.
Public and the
Organizations
involved like
hospitals,
community care,
license
providers,
transport
authorities etc
IoT
imple
mentat
ion
The Organizations
having installations of
IoT are better in
performance and
efficiency than the
Organizations working
of 3G or 4G.
No need of
Wired
technology
Unnecessary
use of
hardware can
be reduced
Network reach can be
expanded to reach
anywhere
The customers
associated with
the Clients
having
implemented
IoT
Hardw
are
upgrad
ation
The cost of hardware
installation and
maintenance reduce
every consecutive year
2-3 months 11.
April
2018
On
track
11 April
2019
Reach the
network to
distant
locations
Sensors can
be installed at
low cost than
the wired
technology
Better network at the
rural distant locations
The people Crossi
ng the
bound
aries
It is feasible to
establish business
units at distant
locations with 5G
Connectivity.
1-2 months 12 Jan
2019
On
track
12 March
2019
Use the definitions below to complete the benefits register above:
1. Benefit Title and Description – A title and brief description of the desired benefit
2. Link to Business Objectives – Document or link to University, departmental, or IT strategies this benefit aligns to, and how
3. Planned Outcome – What changes will take place, and what will the results look like, in order to achieve the benefit (“Benefit Vision”)
4. Stakeholders and Beneficiaries – Individuals or groups who will be impacted by and/or benefit from the Planned Outcome.
5. Program/Project Name – The name of the program, project(s), or initiative(s) that will deliver the Planned Outcome
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6. Measure Description & Expected Result – What measurement will be used to gauge progress and success in achieving
the benefit? What value is required to be deemed a success?
7. Baseline Measure – What was the value of the measure before work started?
8. Actual Measures – What are the actual measurement results and the date taken?
9. Status – High level status of the progress achieved to date, based on progress measurement versus elapsed time, to deliver the Planned Outcome.
Realized = Benefit has been realized. Actual result matches expected.
On Track = On Schedule for realizing benefit.
Warning = Some risk towards realizing benefit.
Critical = Benefit realization will not be met."
10. Expected Realization Date – Year and month originally planned for completion of Planned Outcome.
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T-1.8.1
TASK 13: POTENTIAL RISKS TO BENEFITS REALISATION
(In this section you as a program manager need to identify and address the potential risks (at least 3
potential risks) that could lead to this benefit not being realised. It is important to ensure that these
risks are transferred to the project/programme or business area’s risk register as required)
You are to analyse the identified risks using the scales below and provide countermeasure to tackle
these risks Likelihood (1 very low to 5 very high)
 Impact on Benefit (1 very low to 5 very high)
1. The Device Security and awareness can be enhanced by protocol analysis, portal scanning,
and techniques to identify which devices are connected to the network of the Organization.
Risk assessments of the network devices and penetration tests can be done to identify a list
of approved devices connected to the company network. It is highly likely (level 5) that the
network may be penetrated by unintended devices.
2. Authentication and Authorization to enter the network should be based on hardware based
roots of trust. Biometrics, digital certificates and other encryptions can be helpful. There are
high chances of disruption, IoT distributed Denial of Service (DDoS) attacks and IoT Botnets
(Level 5).
3. There are risk to privacy and need to protect the integrity of IoT data (Level 4). The IoT
passwords need to be hardcoded, cryptography can be used to make the devices more
secure.
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T-1.8.1
TASK 14: BENEFITS PROFILE IN DETAIL
No. Benefit
Business/ Financial Improvements
Senior Benefit Owner Operational Benefit Owner
Mr. Steve McCullum Mr. Scoff Banner
Benefit to be
Measured
Method of Measurement Baseline Value Target Value Measuremen
t Dates
Measurement
to be done by
Actual Value at
date measured
Economic Profits Cost Benefit Analysis $100 $800 Baseline
12 April 2018
Actual(s)
12 April 2019
Mr. Mathew
Cliff
$650
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T-1.8.1
Overall Benefit
Ranking
Benefit Category Dependency on
Other Benefits
Benefit Priority
(1 very low to 5 very
high)
Likelihood of Failure
(1 very low to 5 very
high)
Overall Risk Rating
(Priority x Likelihood of
Failure)
4 (on a 1-5 scale) Financial Profits Performance
and Quality 5 1 5
Relevant PSA/ Departmental Targets How does the benefit meet the target?
To achieve higher business targets and reduce
expenses
The benefit achieved last year is better and is expected to rise this year
Actions Required Responsibility for actions Expected Outcomes Start Date End Date
Exhibition, publicity, Marketing and Maintain the expenses and
improve the performance
IoT is high in demand, so the
expected outcomes are fully
positive
10.2.18 11. April
2018
Potential Risks Likelihood
1 Low – 5
High
Impact on
Benefit
1 Low – 5
High
Countermeasures Responsibility for
Countermeasures
Mis management, Security
Breaches, Cyber attacks etc
5 3 Effective and strong counter measures,
technical expertise in implementation,
Strong secure network and
The likelihood of potential risk
may affect our performance with
any one client. However still we
can improve the business by
delivering effective services for
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T-1.8.1
other clients.
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T-1.8.1
APPENDIX(Attach ProgramDrafts, Plans, Images, Pictures, or any other attachments)
Source: Cleveroad (2017)
Source: https://www.mobifilia.com/iot-for-healthcare/
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T-1.8.1
REFERENCES(List references and sources used in the benefits analysis. Use the Harvard method
for referencing)
Cleveroad (2017). IoT in Healthcare. Retrieved from https://www.cleveroad.com/blog/iot-in-
healthcare-industry--see-why-it-has-a-promising-future
Fleck, A.(2018). The shift from 4G to 5G will change just about everything.
Retrieved from https://www.adweek.com/digital/the-shift-from-4g-to-5g-will-
change-just-about-everything/
Kemppainen,P.(2016). Pharma Industrial Internet. 2016(1), Nordic and Baltic Journal of
Information and Communications Technologies. Article No: 8 Page: 141-
162 doi: https://doi.org/10.13052/nbjict1902-097X.2016.008
Niyato, Dusit ,L., Xiao,W., Ping,K.D., and Han, Z. (2015). Economics of Internet of Things
(IoT): An Information Market Approach.
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