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Www.tannerjames.com.au :: 1300 774 623 BENEFITS MANAGEMENT It doesn’t have to be complicated Webinar :: 6 September 2012.

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Presentation on theme: "Www.tannerjames.com.au :: 1300 774 623 BENEFITS MANAGEMENT It doesn’t have to be complicated Webinar :: 6 September 2012."— Presentation transcript:

1 :: BENEFITS MANAGEMENT It doesn’t have to be complicated Webinar :: 6 September 2012

2 :: AGENDA 20 Minutes – approximately Typical Challenges Benefits Management –Programme level –Project level –Portfolio level What is also required Keys 10 Minutes - Questions

3 :: 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 ::

4 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 Reproduced under Licence from the Cabinet Office.

5 :: BENEFITS MAP © Crown Copyright Reproduced under Licence from the Cabinet Office.

6 :: BENEFITS MGT - Project Outline Business Case :: Business Case :: Benefits Review Plan © Crown Copyright Reproduced under Licence from the Cabinet Office.

7 :: 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 Reproduced under Licence from the Cabinet Office.

8 :: 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

9 :: 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!

10 ::


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