Projects are often considered to be successful when their deliverables are complete on time and within budget. However, many of the anticipated benefits will not start to materialise until after the project has been delivered. It is therefore essential that the ownership of the benefits realisation plan is maintained beyond project delivery through to complete realisation.
This course explores the strategies to ensure your understanding that for benefits realisation to work it is crucial to identify clear benefits (early in the lifecycle) that relate to unambiguous business objectives, and to assign ownership to those responsible for planning and managing their achievement.
Benefits Planning, Management and Realisation is a key element of programme management that brings structure, accountability and discipline to the definition and delivery of the benefits inherent in business projects..
Topics Covered
- Overview of Benefits Management: The Benefits Realisation & Management Framework
- Strategy for Benefits Realisation: Organisation for Benefits Management; Ownership of Benefits Identification, Planning & Realisation
- Strategic planning, portfolio, programme and project management and Accountability for Benefits Planning & Realisation
- Benefits Management Lifecycle: Identifying and Structuring Benefits. Benefits Realisation Planning, Delivery & Management
- Identifying & differentiating between outcomes and benefits (and why this can be critical)
- Improving the presentation of Benefits in the Business Case; Investment analysis and Appraisal
- Structuring Business Goals, Objectives, Outcomes and Benefits.
- Relationship to project and programme lifecycles.
Benefits to your organisation
Organisations will a thorough knowledge of the practical steps and skills involved in Benefits Planning, Management and Realisation and will show where benefits identification must start and how to recognise, plan and deliver tangible business benefits of value, and relate the task of Benefits Management to the lifecycle of projects and programmes.
Who is this course for?
- Project / Programme Managers
- General Managers
- Anyone involved in the planning, delivering or managing investment programmes and/or projects or for the Benefits Realisation Management Process
At the end of this course, delegates will be able to:
Have a thorough knowledge of the practical steps and skills involved in Benefits Planning, Management and Benefits Realisation and will show where benefits identification must start and how to recognise, plan and deliver tangible business benefits of value to an organisation, and relate the task of Benefits Management to the lifecycle of projects and programmes..