My discussion today is with Fernando Santiago. Fernando has extensive experience in project, program, and portfolio management. I’ve known Fernando for many years and highly respect his knowledge of project management but particularly in some of the technical areas such a Earned Value Management. For more information about Fernando: https://www.linkedin.com/in/fernandosantiagod/During our discussion, we talked about the extension of Earned Value Management into the area of benefits management. This extension is a new indicator, the Realization Performance Indicator or RPI, that behaves the same as SPI and CPI, but measures the current forecast of benefits against the forecast baseline. This indicator would certainly be of interest to senior managers of organizations wanting to maximize the benefits achieve from their project portfolios.For more information about Fernando's ideas, please see:

 PMI webinar "RPI - The Third Muskeeter in the Earned Value Framework":   https://www.projectmanagement.com/videos/550420/rpi---the-third-musketeer-in-the-earned-value-framework  (PMI membership required to view) Fernando's book: "The Outcome-Driven Organization" available on Amazon

This is an episode of the Understanding Projects podcast which consists   series of discussions with PM academics and   practitioners about the real world aspects of projects and project management. The podcast is   based on the text Understanding Project Management - A  Practical Guide by Dave C. Barrett.