Managing Benefits™
Don’t get left behind…
“Benefit management is concerned with informing investment decisions and optimization of benefits realization. It extends beyond passive reporting against forecast, to active approaches that engage stakeholders in an ongoing search for benefits.” Managing Benefits, 2012
Benefits Management is a concept that many organisations today struggle with. Who should be accountable for benefits, including their realisation? Often benefits are seen as the domain of project management. It is not usually during the project that benefits are realised – generally it is after the project has been delivered, once the deliverables of that project have been embedded into the business and operational use that we hope to see benefits accruing. This may be months (or even years) after the closure of the project.