Governance
The scope of business value management in the organization.
Capability Building Blocks
- B1Life Cycle Governance
- Establish governance structures (evaluation, direction, and monitoring) for benefits management throughout the investment life cycle, from decision-making on the initial concept through to the eventual retirement of assets.
- B2Business Case Objective
- Use the business case as an aid to management decision-making throughout the investment life cycle.
- B3Responsibility and Accountability
- Assign individuals who will work to achieve the benefits (responsibility), and assign individuals who will ultimately be answerable for the delivery of benefits (accountability).
- B4Relevant Metrics
- Define and apply metrics that facilitate management oversight of benefits throughout the investment life cycle.