Get started with our Benefits Realisation Management Process !
Benefits tend to be realised after projects are delivered but this does not mean that they should just be considered at that point. Benefits should not be left to chance, but identified, planned, realised and sustained throughout and beyond the life of the project. In summary, they need active and effective management. Benefits realisation management is therefore the collective set of processes, practices and techniques put in place to enable the achievement of benefits by organisations.
Identification : What are the benefits?
at this stage, benefits are identified and assessed against the organisational strategic objectives - this can be done with Benefit Profile Template.
Benefit Profiles is the ‘identification card’ of the benefit; each benefit should have its. The Benefit Profile Template provides a way for you to identify the main benefits of your Project. It also helps you articulate those benefits in a concise, easy-to-understand way that is relevant to your tasks.
It walks you through all of the steps involved in crafting your benefit statements and will help give you more insight into how to improve your project. Our Benefit Profile Template is a great way to show benefits of your Project in effective way.
Benefit Profile Template
Planning : How will they be realised?
At this stage is all about ensuring that there is a robust plan for the delivery of the benefits, with defined timescales and responsibilities. You can acehive this by using our - Benefits Map, Benefits Realisation Management Plan, Benefits Realisation Plan and Benefits Realisation Management Process Checklist.
Benefits Map Template
Benefits map shows how the benefits fit together, that is, the linkage and dependencies between them and changes and enablers required to their realisation.
Benefits Mapping Process
Benefits Map Example
Benefits Realisation Management Plan
Benefits Realisation Management Plan describes how benefits are going to be managed, that is, the strategy to be followed on all benefits realisation related steps. Our Benefits Realisation Management Plan Template designed to develop an action plan for managing benefits and easy-to-use template that you can use to develop your own BRM Plan!
Benefits Realisation Management Plan
Content
Purpose
Roles
Benefit Enablers
Benefits Realization Plan Template
Benefits Realisation Plan presents the plan for the realisation of benefits, including timescales, ownership, and expected targets. The Benefits Realization Plan is a tool that helps to realize what the benefits are at of your organization. It's also used to highlight the best benefits available
Benefits Realisation Plan
Authorisation Structure
Overview
BR Plan Overview
Tracker
Realisation : Are benefits on track?
At this point, benefits start being measured, monitored, and reported against the targets set in the plan. Benefits Tracker used to centralise the key data about a set of benefits and evaluate if the realisation is on track; can be applied at the project-level or at the portfolio-level.
Transition : Have we been successful?
Benefits transition this stage enables a smooth transition of ownership to the benefits owners once the benefits realisation period has been completed.
Benefits Realisation Management Process Checklist: a simple aid to ensure that all steps in the benefits realisation management process have been covered.
What is included in the download?
- Benefit Profile Template for each benefit you want to track.
- Benefits Map Template shows how the benefits fit together.
- Benefits Realisation Management Plan for benefit management.
- Benefits Realisation Plan to ensure realisation of benefits.
- Benefits Realisation Management Process checklist.
- Benefits Tracker to centralise the data about benefits.
How it works?
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