Category: Project Management

Quantifying soft benefits, Implementing BS202002: Benefits management on portfolios, programmes and projects

Article on soft benefits in PM World Journal Volume XIII Issue IV (April 2024). A key principle of benefits management is to identify what matters (an example is given in Figure 1) and determine if your project changes something that matters (preferably for the better). Many of the benefits that matter the most are soft… Continue reading Quantifying soft benefits, Implementing BS202002: Benefits management on portfolios, programmes and projects

Benefits management for programmes, projects, and other related work

Article on clause 8 of BS202002 – Programmes, projects and other related work, published in PM World Journal Volume XIII Issue III (March 2024). Benefits don’t happen by themselves – they need careful planning, delicate management, andrigorous reporting. They need a midwife.And just as a midwife should be involved before, during, and after the birth… Continue reading Benefits management for programmes, projects, and other related work

Retrofitting benefits to existing projects: Understanding value when you didn’t do benefits management the first time

Series article in PM World Journal Volume XIII Issue II (February 2024) on bringing your portfolio up to speed to use benefits management for prioritising activities across the portfolio How do you choose what projects will get you the best return for your money (and keystaff)? The simplest answer is “benefits management”, but there are… Continue reading Retrofitting benefits to existing projects: Understanding value when you didn’t do benefits management the first time

APM Conference Oct 2023: Project management is critical to sustainability

A summary I wrote in Project Management World Journal XII December 2023 Context Project managers are crucial to the delivery of sustainability in all its forms – environmental, social and community; and good governance for the future of the organisation and the changes brought about by its projects. For change work, including projects, programmes, portfolios… Continue reading APM Conference Oct 2023: Project management is critical to sustainability

A new British standard: benefits management

This article is about the new British standard: applying benefits management on portfolios, programmes and projects — A guide. There’s also a launch video recording.   This blog is the first of three that explains the story behind the standard. The other two are: a gallop through the standard, and the seven deadly sins of benefits management.  Link to article… Continue reading A new British standard: benefits management

Realising benefits from Crossrail

The NAO published its latest report on Crossrail on 9 July. The report highlights a number of positives: Crossrail Ltd and the sponsors are controlling costs and improving performance. The project is now hitting 90 per cent of the (revised) milestones.  However, the Benefits section (Section 4) makes interesting reading. Return on investment has been revised from… Continue reading Realising benefits from Crossrail

Procurement for Benefits and Value

When you are contracting to buy, what are you hoping to buy? The specific thing you asked for? Or would you like a bit of innovation? And how can you help your prospective suppliers to innovate in ways that add value? Ideally, you need a way to tell your prospective suppliers what the solution Must… Continue reading Procurement for Benefits and Value

A guide to using a benefits management framework

Description “Very few people have experience of creating benefits management frameworks at an organisational level from scratch. This guide is written by people who do…” Dr Hugo Minney and Sarah Parris, with the APM Benefits and Value SIG, explain the process of creating and embedding a benefits framework in an organisation. In doing so they show… Continue reading A guide to using a benefits management framework