What is the importance of developing a benefits realisation plan for project success?

Developing a benefits realisation plan is important for project success because it helps to clearly define the expected outcomes and benefits of the project. This plan outlines how these benefits will be achieved, monitored, and measured, ensuring that the project stays on track and delivers the intended results. By having a benefits realisation plan in place, project teams can better align their efforts with the overall goals of the project and demonstrate the value of their work to stakeholders.