Post-implementation Review (Definition)

A review undertaken as part of initiative closure on behalf of the SRO/sponsor, and for operational management post-initiative closure. The review encompasses consideration of: Whether the forecast benefits have been realised and represent value for money (and if not whether any action is appropriate); How additional value has been/can be created and what lessons can be learned to improve delivery and benefits realisation in the future; Whether the original decision to invest was the right one given the information available at the time, and what can be learned for future decision-making; Confirmation or disconfirmation of the business model – the elements in the model, their drivers and the linkages between them; Updated data to inform ‘reference class’ forecasting; How efficient and effective was the benefits management cycle, and are any changes to the portfolio benefits management framework required?

Last Reviewed: 14 December 2017



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