Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Project Benefits Realisation General Presentation 7 Actions G Byatt

7,349 views

Published on

A brief outline of an example 7-point Plan for projects to deliver benefits.

  • These are one of the best companies for review articles. High quality with cheap rates. ⇒⇒⇒WRITE-MY-PAPER.net ⇐⇐⇐ I highly recommend it :)
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • I can advise you this service - ⇒ www.WritePaper.info ⇐ Bought essay here. No problem.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • My experience with essay writing companies was good. Long story’s short: My parents are getting married. I have literally no time to work on my research paper due to wedding preparation and rehearsals. I have no time at all to sit on a computer for an endless amount of time. Thankfully. I discovered this service HelpWriting.net who enabled me to pass my academic ordeal to one of their writers. My grade was pretty good as a result of this action. I recommend HelpWriting.net for any of you who are having the same troubles I am.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Thanks - great presentation!
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

Project Benefits Realisation General Presentation 7 Actions G Byatt

  1. 1. Delivering Project Benefits – A Practical Plan for Success Gareth Byatt gareth.byatt@gmail.com Programme Manager and Head of Global PMO, Lend Lease Corporation (www.lendlease.com) MBA, PgMP®, PRINCE2 Practitioner APAC Region Director, PMOSIG
  2. 2. Projects deliver outcomes + benefits
  3. 3. A 7-Point Benefits Plan Identify Distil Monitor Use Review Operate & the “core the core benefits Project benefits deliver need” need focus Reviews focus benefits BENEFITS FOCUS NEEDS TO BE MAINTAINED THROUGOUT… Initiation Planning Delivery Close Operate
  4. 4. 1 Identify the “core need”* 1. To generate revenue and/or profit 2. To save costs 3. To contribute to a strategic objective 4. Because you have to * Courtesy of Stephen Jenner (2009): “Realising Benefits from Government ICT investment – a fool’s errand?”
  5. 5. 2 Distil your “core need” John F Kennedy’s Mission Statement, May 25th 1961: • Create a simple, “I believe that this nation should “sticky” message commit itself to achieving the goal, before this decade is out, of landing a • People relate to man on the Moon and returning him stories, examples safely to the Earth.” and journeys • Make Business Case benefits real
  6. 6. 3 Map Benefits during Planning • Customer – understand what you are buying (Implementation) • Project team – focus on the end goal and think about “end use”
  7. 7. 4 Monitor Benefits focus during Delivery Execute, Monitor & Control • Delivery team Manage Scope, Budget, Schedule, Quality – Map your works Ensure appropriate Governance to the core need and the end benefits • Governance – Check the team’s focus on benefits Source: Jenner, S (2010) Transforming Government and Public Services with Project Portfolio Management, Gower.
  8. 8. 5 Benefits focus in Project Reviews • Whether ad-hoc Remember to or a Gate Review think about the project’s – Scope relates to benefits the end benefits? – People focused on right tasks? – Is a Benefits Plan in place yet?
  9. 9. 6 Review the Benefits Plan on Close Benefits Strategy Map • Has the project – kept to its original Business intentions? Case Benefits • Is the entity – now ready to achieve and track the benefits?
  10. 10. 7 Deliver the Benefits • Survey key people (Champions, Owners etc) on Benefits • Track Value for Money + Status at agreed timeframes (e.g. quarterly) • Do the actual benefits justify the actual cost? • Are arrangements for capturing new/emerging benefits in place? Example Benefits Realisation Plan template
  11. 11. The 7-Point Benefits Plan summary

×