What is it? Recovering value from investments made in projects and programmes arises from realising benefits: a process that though simple in concept proves to be difficult and complex in practice. By using an evidence-based, active, forward-looking and benefits-led approach, spending on projects is transformed into investing in change.

What it is not? It’s not a process for justifying a preferred option, and it is not a silver bullet expensively purchased in terms of additional bureaucracy.

What’s different afterwards? Benefits management is an integral part of the organisation’s governance of projects and programmes, linking strategic planning with performance management.