CAPM Practice: Determine how to follow and execute planned strategies or frameworks

A benefits realization plan defines what benefits are expected, how they will be measured, and when they are anticipated to occur. This connects project outcomes to business value and helps justify the project investment during initiation.

**Why not B:** Outlining the project budget and resource allocation is part of cost management and resource planning, not benefits realization planning. The benefits realization plan focuses on when and how business value will be measured, not on how project funds will be spent.

**Why not C:** Identifying stakeholders affected by the project is part of stakeholder identification and analysis, which is a separate planning activity. The benefits realization plan focuses on expected outcomes and their measurement, not on cataloging affected parties.

**Why not D:** Creating a detailed schedule of deliverables and milestones is part of schedule management during project planning. The benefits realization plan addresses when benefits will occur and how they will be measured, which is distinct from the project delivery timeline.