Change

Benefits Management – A Thinking Tool for the PMO

Many people do not fully understand benefits, see them as a side-activity unconnected to the main activities of project, programme or change management – or just do not consider them at all. Benefits management is not an activity, it is a mind-set. Described as ‘the golden thread’ from business case to business as usual, benefits are the reason we invest in doing things differently. In this interactive session, PMO Flashmobbers will learn what benefits are, how they are identified and begin to develop an understanding of the part we all play in realising them. Attendees will learn, through practical exercises, how to use tools such as the Dellar Success Case to start shifting your mindset to a benefits one. Carry on reading and listen to the full recorded session PLUS a full breakdown of the practical exercise:
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PMO Conference 2018 \\ Transforming from a Projects-Driven to Goals-Driven Portfolio – Chris Potts

Organisations that excel at investing in change use a goals-driven portfolio. They prioritise their goals, invest more in their priority goals, and choose projects that can achieve those priorities as efficiently as possible. A goals-driven portfolio provides the foundation for agile investment decisions. As rapidly as the market changes, as new ideas emerge, and as today’s projects vary in their probabilities of success, business leaders and portfolio managers can re-appraise the organisation’s investment choices. They can decide what to keep the same in the portfolio and what needs to change – to achieve the goals they are investing in, at the speed they need to achieve them, and with the least possible risk.
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