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to my mind benefits management is an underutilized and understudied aspect of project management it deserves a place as a knowledge area within our discipline but too few project managers have even heard of it let alone know how to do benefits management so thats what im going to address in this video and stay tuned because benefits management is vitally important and at the end of the video ill tell you about an offer for you for our new project benefits management [Music] course project benefits management follows a simple process and in our new project benefits management course we adopt a seven step process to describe how to do benefits management on your project step one is your benefits management strategy step two identify and analyze benefits step 3 optimize your benefits portfolio step 4 benefits realization plan step 5 realize and track benefits step six review and optimize benefits and step seven grow and sustain benefits well look at each of these in turn the first ste