We are all used to seeing business plans with lists of mouth watering benefits predicted for the project - but how realistic are they? Have they been through a serious scrutiny? I catagorise benefits in the following ways: Green - Green means that there is a high level of confidence and empirical evidence that the benefit … Continue reading How realistic are your benefits predictions?
Today's news that the Better Care project, to merge health and social care in the community has failed to deliver any benefits comes as no surprise to me. http://www.bbc.co.uk/news/health-38894593 Let me first say I do not have first hand experience in this exact area but I do have experience in local authorities and in business … Continue reading Bad business cases lead to bad projects…
So often, in my experience, the case for a project has been made well before the business case has been written – in which case the business case is written entirely to confirm some managers whim that his pet project is a good idea. I once had to write a long, in depth business case, … Continue reading The business case
Benefit Analysis How does a business work out what the benefits will be? Following on from my post on the Benefits Realisation Process, I devised a method for this. Log the benefit – spreadsheets work well for this Record the value, use of time saved etc Classify the benefit Classification Cashable, non cashable, intangible, … Continue reading Benefit Analysis – what are your benefits going to be?
To recap on my previous post managers who commission a project need to think about the following: Be clear about the benefits they are buying - your project is costing £xxx what are you getting for that money? Are you sure? failing projects do not have brilliant business cases That in most cases you can trace … Continue reading How to make sure your project has benefits!
In a previous job, I was involved in writing business cases and when I was asked to write the first one, I discovered that the organisation had no formal methodology for writing one and so I researched the area and developed a method of writing a business case with a clear, and realistic benefits realisation … Continue reading Why do so many projects fail to deliver the benefits claimed?
Many people are aware of the old adage Perfect Planning Prevents P*** Poor Performance but very few people really take this to heart, however I have found it a perfect way to remember to put the effort in up front in order to ensure success in any project. In my experience, many bosses are reluctant … Continue reading P P P P P P Planning..