Prince2 Foundation Exam: Benefits Review Plan - Purpose and Importance

Benefits Review Plan

Question

Which is NOT a purpose of a Benefits Review Plan?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

A.

A Benefits Review Plan is a document that outlines how the benefits of a project will be identified, measured, and reviewed. It is used to ensure that the project's benefits are realized and that they continue to be realized over time.

Let's go through the options one by one:

A. Define the period over which the cost-benefit analysis will be based This is one of the primary purposes of a Benefits Review Plan. The plan should specify the period over which the costs and benefits of the project will be measured, typically over the life of the project or over a specified period of time after the project is completed.

B. Describe how to measure the performance of the project's products in operational use This is also a key purpose of a Benefits Review Plan. The plan should describe the methods that will be used to measure the performance of the project's products in operational use and how these measurements will be used to assess the benefits that the project is delivering.

C. Define the scope, timing and ownership of the benefit reviews required This is another key purpose of a Benefits Review Plan. The plan should specify the scope of the benefit reviews, including what benefits will be reviewed and how they will be reviewed. It should also specify the timing of the reviews and who will be responsible for conducting them.

D. Describe how to measure and confirm any benefits that are to be realized after the project is closed. This is also a key purpose of a Benefits Review Plan. The plan should describe the methods that will be used to measure and confirm any benefits that are expected to be realized after the project is closed, and how these measurements will be used to assess the overall success of the project.

Therefore, the answer to the question is none of the options are not a purpose of a Benefits Review Plan. All of the options are valid purposes of the plan.