What is Benefits Management Plan in Project Management?

The Benefits Management Plan is a project’s treasure map. It’s a strategy that shows you where your valuables are and assists you in keeping track of them. These valued items in the project world are the advantages or positive things that the project wants to offer. This strategy specifies what those advantages are, how they will be quantified, and who is accountable for ensuring them occur. It’s similar to having a map that leads you to hidden riches, only the treasures in this case are the good results that the project seeks.