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