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Add Benefit

To add a Benefit to a Project:

  1. Select the Benefits Definition page under the Benefits tab.
  2. Click the Add Benefit button in the Tool ribbon
  3. Enter the Benefit Name.
  4. Optionally enter the Benefit Definition.
  5. Optionally select a Benefit Owner.
  6. Enter the RAG Criteria %variance figure (0-99)
  7. Select from the dropdown Below or Above Benefit will be saved automatically.

Alternately, a Global Benefit (defined in Benefits menu > Benefit Definitions ) can be added from the dropdown box should any exist, these can be modified in the Benefits menu.

Note that 'Below' should be selected where the higher the Actual achieved against the Target the better (your target is to increase something, e.g. company market share); 'Above' should be selected where the lower the Actual achieved against the Target the better (your target is to reduce something, e.g. incidents of a disease). In both cases if the Target is achieved or bettered then the RAG colour will be Green; if it is between the Target and the % variance figure then it will be Amber; otherwise, it will be Red.