BENEFITS MANAGEMENT It doesnt have to be complicated

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 : : 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