Thursday 17th May 2012

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Benefits Management for Programmes – Part 4 – Monitoring: The Earned Benefit Method – 2 of 2

Benefits Management for Programmes – Part 4 – Monitoring: The Earned Benefit Method – 2 of 2

The previous entry explained the concept of Earned Benefit in order to evaluate “percent complete” of a programme. This entry takes the idea still further and extends the ideas to allow monitoring of programme costs as well. 1.    Earned Benefit Variables 1.1    Benefits Performance Index The Benefit Performance Index at a given “data date” is (Earned Benefit)...
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Benefits Management for Programmes – Part 4 – Monitoring: The Earned Benefit Method – 1 of 2

Benefits Management for Programmes – Part 4 – Monitoring: The Earned Benefit Method – 1 of 2

Part 3 ended with the Benefits Realisation Plan established. All that remains in the Benefits Analysis and Planning phase is to establish monitoring.  This part describes a development of the project management Earned Value method to cater for programmes. This Earned Benefit method should then be used for tracking, forecasting and reporting (“Monitor Components” and...
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Benefits Management for Programmes – Part 3: Benefits Realisation Planning

Benefits Management for Programmes – Part 3: Benefits Realisation Planning

Part 2 examined the Benefits Management life cycle to half-way through Benefits Analysis and Planning. In this Part 3 Kik Piney explains the final steps leading of analysis and planning up to establishing the benefits realisation plan: The benefits have been identified; the metrics have been derived; the components have been derived (but...
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Benefits Management for Programmes – Part 1: Life Cycles

Benefits Management for Programmes – Part 1: Life Cycles

A key responsibility of the PMO in any organisation is to ensure not only that the work gets done, but, more importantly, that it is valuable. This is where programme management in general and benefits management in particular come in. The PMO needs to manage the programme and the realisation of the benefits from the...
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