Identify and capture synergies and efficiencies identified throughout the program life cycle in order to update and communicate the benefits realization plan to stakeholders, including sponsors.
Develop a sustainment plan that identifies the processes, measures, metrics, and tools necessary for management of benefits beyond the completion of the program in order to ensure the continued realization of intended benefits.
Monitor the metrics (for example, by forecasting, analyzing variances, developing “what if” scenarios and simulations, and utilizing causal analysis) in order to take corrective actions in the program and maintain and/or potentially improve benefits realization.
Verify that the close, transition, and integration of constituent projects and the program meet or exceed the benefit realization criteria in order to achieve program’s strategic objectives.
Maintain a benefit register and record program progress in order to report the benefit to stakeholders via the communications plan.
Analyze and update the benefits realization and sustainment plans for uncertainty, risk identification, risk mitigation, and risk opportunity in order to determine if corrective actions are necessary and communicate to stakeholders.
Develop a transition plan to operations in order to guarantee sustainment of products and benefits delivered by the program.
Identify stakeholders, including sponsors, and create the stakeholder matrix in order to document their position relative to the program.
Perform stakeholder analysis through historical analysis, personal experience, interviews, knowledge base, review of formal agreements (for example, request for proposal (RFP), request for information (RFI), contracts), and input from other sources in order to create the stakeholder management plan.
Negotiate the support of stakeholders, including sponsors, for the program while setting clear expectations and acceptance criteria (for example, KPIs) for the program benefits in order to achieve and maintain their alignment to the program objectives.
Generate and maintain visibility for the program and confirm stakeholder support in order to achieve the program’s strategic objectives.
Define and maintain communications adapted to different stakeholders, including sponsors, in order to ensure their support for the program.
Evaluate risks identified by stakeholders, including sponsors, and incorporate them in the program risk management plan, as necessary.
Develop and foster relationships with stakeholders, including sponsors, in order to improve communication and enhance their support for the program.
Develop program and project management standards and structure (governance, tools, finance, and reporting) using industry best practices and organizational standards in order to drive efficiency and consistency among projects and deliver program objectives.
Select a governance model structure including policies, procedures, and standards that conforms program practices with the organization’s governance structure in order to deliver program