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Understanding the effect of risk on benefits realization

New access to 2019 article on program risks and benefits management by Kik Piney added to PMWL

7 May 2021 – Paris, France and Dallas, TX, USA – In case you missed it, new access to an important previously published set of resources related to program benefits management is available in the PM World Library (PMWL).  The resource is an article titled “Uncertain Benefits: Understanding the effect of risk on benefits realization” that was published in the PM World Journal in February 2019.

In any non-trivial endeavour, the effects of uncertainty must be taken into account. In particular, this need for effective risk analysis applies to programs during all of the stages from the inception right through to the complete realization. This article explains how a Benefits Map and associated algorithms can help to broaden the initial analysis of the various categories of uncertainty that affect programs and to take into account their interactions across the entire program.

Earlier articles in the series explained how to apply the Earned Benefit cost and benefit evaluation algorithms to a representative case study. This article changes the topic from determining “certain” outcomes, to address the clouds of uncertainty that surround program results.

If you have an interest in program benefits management, don’t miss this and other articles by one of the world’s leading experts on the topic.

To read these articles, visit the Applications and Hot Topics section of the library at, scroll down and click on “Benefits Management”. Scroll down to resources. Registration is required to access; to see who has free access, visit