What are the activities involved in a project benefit analysis?

A project benefit analysis typically involves identifying and quantifying the expected benefits of a project, assessing the alignment of these benefits with strategic goals, and comparing them against the costs and risks involved. Key activities include stakeholder consultations to gather insights, the development of a benefits realization plan, financial modeling to forecast returns, and scenario analysis to evaluate potential outcomes. Additionally, it may involve prioritizing benefits based on their impact and feasibility, and creating metrics for measuring success post-implementation.