BENEFITS
MANAGEMENT
It doesn’t have to be complicated
Webinar :: 6 September 2012
www.tannerjames.com.au :: 1300 774 623
AGENDA
20 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
BENEFITS MGT - Programme
• Benefits Management
Strategy
• Benefits Maps
• Benefit Profiles
• Benefits Realisation Plan
All during Programme
Definition but revisited
throughout 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
© Crown Copyright 2009.
Reproduced under Licence from the Cabinet Office.
Outline Business Case :: Business Case :: Benefits Review Plan
www.tannerjames.com.au :: 1300 774 623
BENEFITS MGT - Portfolio
© Crown Copyright 2011.
Reproduced under Licence from the Cabinet Office.
• Portfolio Benefits Management Framework
- Benefits eligibility rules
- Helps consistency and understanding
• Portfolio Benefits Realisation Plan
• Review and Report
• Prioritisation and strategic alignment
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 774 623
www.tannerjames.com.au :: 1300 774 623