Programme and Project Management
Benefits Management
Benefits management should be a project priority. It begins during programme definition with the identification of target benefits through performance improvements and then continues with the development of plans to deliver the benefits as an integral part of implementing the required business change.
A realistic benefits management regime is needed to periodically review the target benefits and performance measures and to identify actions to improve delivery of benefits. The success of a project or programme can be measured against the scale of benefits achieved in comparison with the business case.
Our consulting teams adopt a proven and highly successful approach to benefits management and benefits realisation. To guide the process we develop a Benefits Management Strategy, which includes detailed definition of the target benefits and measures. Key techniques include:
- Creation of Benefit Dependency Charts and comprehensive Benefit Profiles summarising the attributes needed to deliver the benefits, including identification of the responsible owners.
- Ensuring that we secure organisational commitment to realise the benefits.
- Developing realistic plans for delivering the benefits, agreeing the specific roles and responsibilities in benefits management and identifying the required resources.
- Defining the process for review and the monitoring of benefits during programme execution, specifying the systems solution for reporting results achieved.
Our consultants are experienced in achieving business change and benefits realisation and can guide the process to pilot changes, build organisational commitment, manage risks and provide training and the transfer of skills in benefits management techniques.
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