Task: Consolidate Benefits and Revenue Realization |
Consolidate and validate data relative to benefits and revenue realization to drive quality decisions by portfolio stakeholders.
Disciplines: Portfolio Management Tasks
Purpose
To ensure follow-up on the realization of expected benefits and revenues on which the portfolio investment decisions are made To adjust investment decisions based on changes to the expected contributions
Main Description
Collect, validate, and aggregate all required portfolio decision support information, ensuring that all data related to expected benefits and revenues is current and available across all dimensions of the portfolio, driving reporting and analysis steps carried out during the task of monitoring the portfolio, and conducting reviews. The data gathered and validated is relevant to the following and all authorized components currently in execution within the portfolio: Expected benefits, savings, and cost reductions Actual and projected revenues Industry and market segment revenue projections Currency conversion gains or losses Benefits or revenues probabilities, dependencies, and risks Benefits or revenues planned and target realization date Changes to business cases (cash flow projections and probabilities) Portfolio metrics and measures (return on investment (ROI), internal rate of return (IRR), and net present value (NPV)) Project or program health and indicators Project schedule and cost compared to the plan Use supporting data review cycles while monitoring and controlling your portfolio. These cycles include daily team status and assignments, weekly project updates, monthly product reviews, and quarterly executive reviews. The collection and aggregation of data (in support of those distinct but connected cycles) are ongoing processes that produce specific deliverables and reports at particular points in time of the overall portfolio review cycle. The revenue and benefits information is typically reviewed during quarterly portfolio reviews, but it is collected continuously across the several cycles.
Key Considerations
Inputs to consider are internal and external source systems, as well as the portfolio stakeholders.
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