The document outlines the key stages in a benefits program lifecycle: 1. Define - Establish the program charter, roadmap, and initial estimates for costs, scope, and resources. Assign a sponsor and program manager. 2. Deliver - Kick off the program team and develop key management plans and artifacts. Oversee component planning, execution, and integration. 3. Close - Transition components, identify ongoing needs, obtain approval to close, archive artifacts, and complete closeout activities.

1. Program Mgt /Benefits Lifecycles – PMI
Created by: Jen Braly
BENEFITSPROGRAMLIFECYCLE
DEFINE DELIVER CLOSE
Outcome:
• Assign Sponsor
and PgM
• Secure Finances
• Review High Level
Estimates (Cost,
Scope, Res.) and
Risk Assessment
Artifacts:
• Charter
• Roadmap
Outcome:
• Kickoff Prog. Team
Artifacts:
• WBS / PMIS
• Program Mgt Plan
• Benefits Realization
• Stakeholder
Engagement
• Governance
• Comms mgmt
• Finance mgmt
• Procurement mgmt
• Quality mgmt
• Resource mgmt
• Risk mgmt
• Schedule mgmt
• Scope mgmt.
COMPONENT
PLANNING
&
AUTHORIZ’N
COMPONENT
OVERSIGHT
&
INTEGRATION
COMPONENT
TRANISTION
&
CLOSURE
TRANSITION
Outcome:
• Identify & Eval Business
Benefits
Artifacts:
• Ben. Register
CLOSEOUT
PRE-PROGRAM INITIATION
• Program Mandate
• Business Case
• Program Plan
Outcome:
• Authorize
component
Artifacts:
• Comp. Mgt
Plan
Outcome:
• Execute
component
• Status
Updates
• Integration
Mgt
Outcome:
• Obtain
Stakeholder
Approval to
begin
transition
• Transition
component
• ID needs for
ongoing
activities
FORMULATION PREPARATION
Outcome:
• Obtain Sponsor
Approval to Close
• Coordinate
Transition
Activities
• Review Charter
(to ensure
completion)
Outcome:
• Obtain
Stakeholder
Approval to Close
• Transition
Artifacts (archive)
• Final
Performance
Report
• Complete
Closeout
Activities
(financial,
procurement, etc)
ANAL. & PLAN’GIDENTIFICATION DELIVERY TRANSITION SUSTAINMENT
Outcome:
• Derive / Prioritize Benefits
• Derive Metrics / KPIs
• Map Ben. to Prog. Outcomes
Artifacts:
• Ben. Realization Plan
• Performance baseline
Outcome:
• Monitor Components and Organizational
Environment
• Maintain Ben. Register
• Report out Benefit Progress to Stakeholders
Artifacts:
• Benefits Sustainment Plan
Outcome:
• Consolidate Benefits
• Review Business Case
• Transfer Responsibility
to Operations
• Dispose Resources
Artifacts:
• Transition Plan
Outcome:
• Monitor Performance of
Benefits
• Ensure continued
realization of benefits and
capabilities
CV = EV - AC
SV = EV - PV
CPI = EV / AC
SPI = EV / PV
EAC = BAC / CPI
ETC = EAC - AC
VAC = BAC - EAC