Business Consultants | Brisbane - Gold Coast

Beyond projects, programs and the business case.

Businesses continually try to grow and improve, no matter what industry they are in. Whether strategy is to increase market share, retain competitiveness or meet compliance requirements, the change is often delivered by projects and programs.

In your business, project management, as a competency, has focused on improving the rate of successful delivery of the infrastructure, IT, process and organisational changes that enable change to be achieved. Program management looks to group projects that are delivering towards common outcomes and focuses more on benefits realisation. Hopefully, both project and programs are underpinned by a sound business case.

challenges faced by businesses

The challenge that a lot of businesses face is how to translate delivered projects and programs into business value when they complete. Commonly the concept of "benefit realisation" is discussed and many businesses struggle to put this in to practice.

The challenge is that only looking at benefits realisation means that some necessary steps have been missed. If there is inconsistent understanding on how benefits targets have been set and how they will be measured, the following can occur:

disagreement on the validity of benefits being tracked

differences between approaches for forecasting benefits and measuring actual benefits realised

Projects are running to deliver “something” the business doesn’t need

and/or inappropriate benefits being set or claimed for projects or programs in the first place.

our approach

At Benefit Management, our experience has shown that a holistic approach to benefit management needs to be taken and we have developed this through successful client application into our Benefits Lifecycle. Our skill is in being able to help you practically apply this to your business to maximise your chance of achieving your strategic goals.

LATEST BLOG ARTICLE

Pretty Fly for a "Why Guy"

Tuesday, June 04, 2013

Benefit Management is pleased to announce the arrival of its latest member of the team, Richard Parkin. Richard joins us from PwC Australia where he spent the last five years designing and delivering performance improvement programs in the Technology and Projects team.

It's a Wrap

Wednesday, December 12, 2012

Well, we are almost at the end of 2012 and its been an action packed year. To celebrate the season, rather than the normal barefoot bowls or go-carting or other team events, we went for something a bit different. We have supported Heartkids Qld for a while, and Richard is a Director, so we thought a good team building activity would be to volunteer for Christmas present wrapping!

The PMO Goldmine

Friday, November 30, 2012

While sitting with a coffee one day pondering about the plight of PMOs, I came to realise that many PMOs are a little like an untapped gold mine in many organisations. Some organisations have been able to invest the right energy into their PMOs, digging beyond the surface right down until they reach the gold. While other PMOs have been left to lain idle at the surface.
So I came up with three ways you can ensure you are actually reaping the rewards offered by PMOs, rather than letting them lay idle and missing out on some significant benefits to your organisation.

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