benefits management webinar – it doesn’t have to be complicated
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www.tannerjames.com.au :: 1300 774 623
BENEFITSMANAGEMENTIt doesn’t have to be complicatedWebinar :: 6 September 2012
www.tannerjames.com.au :: 1300 774 623
AGENDA20 Minutes – approximately
• Typical Challenges• Benefits Management
– Programme level– Project level– Portfolio level
• What is also required• Keys
10 Minutes - Questions
www.tannerjames.com.au :: 1300 774 623
TYPICAL CHALLENGES• What is a benefit• Defined initially to justify funding• Business Cases approved,
then review required …later• What to measure, how to
measure.• Just get on with it
www.tannerjames.com.au :: 1300 774 623
www.tannerjames.com.au :: 1300 774 623
BENEFITS MGT - Programme• Benefits Management
Strategy• Benefits Maps• Benefit Profiles• Benefits Realisation Plan
All during ProgrammeDefinition but revisitedthroughout programme
Benefits management cycle
© Crown Copyright 2011. Reproduced under Licence from the Cabinet Office.
www.tannerjames.com.au :: 1300 774 623
BENEFITS MAP
© Crown Copyright 2011. Reproduced under Licence from the Cabinet Office.
www.tannerjames.com.au :: 1300 774 623
BENEFITS MGT - Project
Outline Business Case :: Business Case :: Benefits Review Plan
© Crown Copyright 2009. Reproduced under Licence from the Cabinet Office.
www.tannerjames.com.au :: 1300 774 623
BENEFITS MGT - Portfolio
• Portfolio Benefits Management Framework- Benefits eligibility rules - Helps consistency and understanding
• Portfolio Benefits Realisation Plan • Review and Report• Prioritisation and strategic alignment
© Crown Copyright 2011. Reproduced under Licence from the Cabinet Office.
www.tannerjames.com.au :: 1300 774 623
WHAT IS ALSO REQUIRED• Governance and senior management
commitment• Best if practiced across the portfolio
– Common terminology– Benefits reporting– Benefit reviews– Full scope of business change
• Post implementation reviews– Capture lessons and feed them back
www.tannerjames.com.au :: 1300 774 623
KEYS• Get stakeholders involved early• Create a Benefit Map / Benefit Dependency
Network, and Benefits Distribution Matrix• Focus on the Mandate• Assign responsibility for benefits• Impact on strategic objectives and BAU KPIs • Review and Update• MEASURE!
www.tannerjames.com.au :: 1300 774 623www.tannerjames.com.au :: 1300 774 623
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