Benefits Realisation Plan

After the award of a contract, all of the benefits are potential benefits until harvested or realised during the agreement. As part of post-award contract management the contract or category manager may implement a plan to ensure that the proposed benefits in the business case are realised. This may involve communication with stakeholders or assistance in migration to the new agreement’s terms and conditions. See also Savings.

Total Cost of Ownership & Benefits Realisation training is available at Academy of Procurement.

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Discover the world’s largest Glossary of Procurement terms

With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.