The objectives of this workshop are to ensure that participants are able to:
- Identify and quantify as many benefits as possible
- Clarify the relationships between different types of initiatives and outcomes, for example distinguishing between enablers, business changes, performance improvements, effectiveness and business benefits.
- Ensure that there is a clear understanding of the causal and contribution links between the different types of outcomes, and how these contribute to achieving the investment objective and the organisation’s purpose and strategic objectives; this enable the application of one of the key principles of effective benefits management (“begin with the end in mind”)
- Generate an understanding of the relationship between the intended benefits of an investment and the quality required to realise them (benefits drive requirements, not vice versa)
- Ensure that all changes and initiatives required to realise and sustain benefit are identified and considered, thus contributing to a complete and realistic benefits realisation plan
- Ensure that risks, assumptions and dependencies are identified and understood, thus enabling to address them and optimise the return from investment
- Ensure that all relevant stakeholders, including benefit owners and contributors, are identified, understood and engaged, thus increasing the level of buy-in and commitment by critical stakeholders
- Current measures of organisational performance are identified and understood, thus reducing the investment required to measure and monitor benefits realisation