---
artifact_id: A02
name: Benefits and Value Measurement Record
template_version: 1.0.0
status: Template · Active
category: Stakeholders
authority: "PMBOK8 Guide §2.1.2 Value Delivery System; Standard §3 Principles"
source_type: PMI-derived
file_path: artifacts/initiating/A02-benefits-value-measurement-record-template.md
---

**Artifact ID:** A02
**Name:** Benefits and Value Measurement Record
**Template Version:** 1.0.0
**Status:** Template · Active
**Authority:** PMBOK8 Guide §2.1.2 Value Delivery System; Standard §3 Principles; Program-5E §4
**Owner:** Project Sponsor / Benefits Owner (post-project); PM (during project)

> **Usage Note:** Initiate this record during project authorization (SKL-02-01) using benefit statements from the Business Case (A01). Update the benefits baseline when planning is complete. Update benefits realization tracking at every reporting cycle. Complete the post-project handoff section (Section 6) before signing the Project Closure Record (A27). This record persists beyond project closure — hand it off to the named Benefits Owner.

---

## Section 1 — Project Reference

| Field | Value |
|---|---|
| Project Name | [FIELD: full project name] |
| Project ID | [FIELD: unique project identifier] |
| PM Name | [FIELD: name of the project manager] |
| Sponsor / Initiating Authority | [FIELD: name of the project sponsor or initiating authority] |
| Benefits Owner (post-project) | [FIELD: named individual responsible for benefits realization after project closure] |
| Record Version | [FIELD: version number, e.g., 1.0] |
| Last Updated | [FIELD: date last updated] |

---

## Section 2 — Strategic Alignment

| Field | Value |
|---|---|
| Strategic Objective(s) Supported | [FIELD: which organizational strategic objectives does this project support?] |
| Portfolio / Program Context | [FIELD: portfolio or program this project belongs to, if applicable] |
| Value Case Reference | [FIELD: reference to A01 Business Case — document name / version / location] |
| Expected Organizational Outcome | [FIELD: high-level outcome the organization expects] |

---

## Section 3 — Benefits Register

> **Type values:** Financial / Operational / Strategic / Compliance / Reputational
> **Status values:** Not Started / In Progress / Partially Realized / Fully Realized

| ID | Benefit Name | Type | Description | Linked Deliverable(s) | Benefit Owner | KPI / Indicator | Baseline Value | Target Value | Measurement Method | Realization Timeframe | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|
| B-001 | [FIELD: name] | [FIELD: type] | [FIELD: description] | [FIELD: deliverable(s)] | [FIELD: owner] | [FIELD: KPI] | [FIELD: baseline] | [FIELD: target] | [FIELD: method] | [FIELD: timeframe] | [FIELD: status] |
| B-002 | [FIELD: name] | [FIELD: type] | [FIELD: description] | [FIELD: deliverable(s)] | [FIELD: owner] | [FIELD: KPI] | [FIELD: baseline] | [FIELD: target] | [FIELD: method] | [FIELD: timeframe] | [FIELD: status] |
| B-003 | [FIELD: name] | [FIELD: type] | [FIELD: description] | [FIELD: deliverable(s)] | [FIELD: owner] | [FIELD: KPI] | [FIELD: baseline] | [FIELD: target] | [FIELD: method] | [FIELD: timeframe] | [FIELD: status] |

---

## Section 4 — Value Measurement Plan

| Benefit ID | KPI | Data Source | Measurement Method | Measurement Frequency | Responsible Role | Reporting Destination |
|---|---|---|---|---|---|---|
| B-001 | [FIELD: KPI name] | [FIELD: data source] | [FIELD: how measured] | [FIELD: frequency] | [FIELD: role] | [FIELD: where results are reported] |
| B-002 | [FIELD: KPI name] | [FIELD: data source] | [FIELD: how measured] | [FIELD: frequency] | [FIELD: role] | [FIELD: where results reported] |
| B-003 | [FIELD: KPI name] | [FIELD: data source] | [FIELD: how measured] | [FIELD: frequency] | [FIELD: role] | [FIELD: where results reported] |

---

## Section 5 — Benefits Realization Tracking

Update at every reporting cycle (A17) and at each phase gate.

| Benefit ID | Reporting Period | Actual Value | Target Value | Variance | Status | Notes / Actions Required |
|---|---|---|---|---|---|---|
| [FIELD: B-NNN] | [FIELD: period] | [FIELD: actual] | [FIELD: target] | [FIELD: variance] | [FIELD: status] | [FIELD: notes or actions] |
| [FIELD: B-NNN] | [FIELD: period] | [FIELD: actual] | [FIELD: target] | [FIELD: variance] | [FIELD: status] | [FIELD: notes] |

---

## Section 6 — Post-Project Benefits Handoff

Complete before project closure. A27 cannot be signed until this section is complete.

| Field | Value |
|---|---|
| Benefits Owner (post-project) | [FIELD: named individual, not a role] |
| Handoff Date | [FIELD: date of formal handoff] |
| Benefits Remaining to Realize | [FIELD: list benefits not yet fully realized at closure] |
| Post-Project Tracking Plan | [FIELD: how, when, and by whom will unrealized benefits be tracked post-closure?] |
| Governance Authority | [FIELD: who has authority over benefit realization tracking post-project?] |
| Acceptance by Benefits Owner | [FIELD: name · date · signature reference] |

---

## Section 7 — Review and Update Log

| Date | Updated By | Trigger | Key Changes |
|---|---|---|---|
| [FIELD: date] | [FIELD: name] | [FIELD: trigger event] | [FIELD: summary of changes] |

---

## Change Log

| Version | Date | Event | Notes |
|---|---|---|---|
| 1.0.0 | 2026-05-31 | Phase B2 Batch 3 | Initial template |
| 1.0.1 | 2026-06-01 | Phase 0 cleanup | Migrated from artifacts/stakeholders/ to artifacts/initiating/ (P0-0I) |

---

*Template for: A02 — Benefits and Value Measurement Record*
*Authority: PMBOK8 Guide §2.1.2; Standard §3 Principles*
*See definition file: `artifacts/initiating/A02-benefits-value-measurement-record.md`*
