In this video, instructor Claudine Peet explains how new benefits can emerge during the project, and how some situations give rise to these unexpected benefits.
- So how do we actually optimize…and identify emergent benefits?…One option is by adopting a more agile approach…to project delivery.…Incremental delivery and a strong focus on lessons learned…make it much more likely that opportunities…can be spotted early to make changes…and optimize benefits realization.…Another option could be to use a scout-and-beacon approach.…Appoint people who can scan the environment…on a regular basis looking for potential opportunities,…these are the scouts.…
And the beacons, often the business change managers,…will clearly communicate that ideas are welcome…and will be acted on if appropriate.…Something that should always be considered…is a frequent, transparent and ongoing dialogue with users.…This will help identify and mitigate disbenefits,…optimize existing benefits…and identify new emergent benefits and opportunities…to create additional value.…Another proactive option could be…to regularly ask benefits owners and business roles…whether emergent benefits are being identified.…
Author
Released
11/13/2018- What is benefits management?
- Linking to corporate business strategy
- Assigning accountability
- Understanding the benefits management cycle
- Identifying and analyzing project benefits
- Realizing benefits
- Measuring and reporting benefits
Skill Level Intermediate
Duration
Views
Related Courses
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Introduction
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1. Overview
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What are benefits?2m 23s
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What is benefits management?2m 15s
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Who's involved3m 38s
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2. Characteristics of Successful Benefit Management
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How to assign accountability1m 44s
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3. Project Benefits Management Approach
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4. Identify and Analyze Project Benefits
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How to identify benefits3m 7s
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Benefits mapping2m 37s
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Quantify2m 41s
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Forecast2m 59s
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Documenting benefits2m 54s
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5. Plan to Realize Project Benefits
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Benefits measurement2m 51s
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Dealing with threats2m 46s
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6. Realize Project Benefits
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Emergent benefits2m 13s
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7. Review Project Benefits
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Continuous improvement2m 21s
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When to intervene3m 5s
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Conclusion
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Next steps52s
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Video: Emergent benefits