Benefits realisation

Introduction

The business case created in Discover identified benefits which justified the investment. During Alpha, change management plans were made to realise those benefits.

With the new product capability deployed, the user base increasing, and the IT capabilities in place, it is time to start the benefits realisation actions identified in the business case and change management plans.

Benefits realisation:

  • is the responsibility of the product owner and benefits owner
  • requires monitoring progress through a few critical indicators, and intervening where necessary
  • grows as people use the product, often after project close. It is important to identify resources for benefits realisation beyond the project.

Aim

The aim of this stage is to ensure the:

  • benefits of the project are maximised as far as is practicable
  • ongoing benefits realisation accountabilities are assigned.

Actions

The actions carried out during this stage may include:

  1. Monitor progress of benefits realisation through a few critical indicators.
  2. Update the benefits realisation plan, worksheet and profile
  3. Intervene where necessary.

Outputs

The outputs from this stage include:

  • The project’s benefits maximised as far as is practicable.

For examples and templates that can be used to produce the output, please contact the Accelerate support team at accelerate@dia.govt.nz.

Tools

Tools that may be helpful during this stage include:

  • benefits realisation plan
  • benefits management worksheet
  • benefits profile.

For more information on these tools, please contact the Accelerate support team at accelerate@dia.govt.nz.

Page last updated: 13/04/2016