Stage 5: Realise

Overview

Stage 5: Realise focuses on measuring the success of the investment.


Investment lifecycle guidance stage 5 realise - Measure the success of the investment

Once the solution is commissioned and in operation, the investment is observed from the perspective of budget and schedule outcomes, but from an investment perspective these are not the most important measures of success.

The more important question is: Did the investment result in a value-for-money outcome?

High Value High Risk investments 

A Gate 6: Benefit evaluation review must be undertaken.

Role of the investment management standard (IMS)

Agencies may use the IMS benefit reporting tool to report and track key performance indicators and other expected benefits as outlined in the benefit management plan.

This allows comparison of the expected achievement of benefits and the actual achievement.