We thought it would be a good idea to revisit some of the guiding principles that underpin the world of portfolio, programme and project management. In a world of information overload, it is very easy to lose sight of what matters, so this is the first in a series of posts that we revisit to remind about some core concepts.
In this article, we revisit benefits management, which is still one of the most mysterious disciplines in the world of transformation. Benefits appear like magic when the business case is being written. With earnest consideration and challenge, even more mysteriously, they seem to disappear as soon as the business is signed off and people get down to the real business of delivering stuff, probably never returning to the sticky subject of benefits and why the change was initiated in the first place.
We’ve pulled together some of what we have found to be guiding principles which may increase your chances of achieving your benefits delivery.
Investment Logic Mapping (ILM) was all the rage a few years ago but it has been lost in time. It originated in Australia and provided an approach to developing the justification for a business investment.
ILM is a brilliant way to understand the problem, think about the outcomes and clarify where the costs and benefits sit. They should be made compulsory in all Programme Briefs!
This guide outlines why you should use Investment Logic Mapping to see what value the use of ILM will bring to your investments.
It is a powerful and extremely cost-effective way to bring shape and structure to your investment before you head off into expensive blind alleys.
We hope you find this useful.
In general, lessons learned are rarely learned. Research and general knowledge about what causes programme and project failure has abounded for years, yet the same things keep happening, so what can we do to help.
As an example of this problem, for the last 20 years in the UK, the world of best practice (originated by the OGC) illustrates the issue. We wrote Managing Successful Programmes (MSP®), and it was written on the assumption that audiences already had experience of programme management, understood programme management and wanted to improve. The reality is that people read the book as part of a course and never look at it again.
The work of P3M3® has shown that although the knowledge has been absorbed temporarily for the examination, it is not sufficiently understood to enable deployment in the real world as the courses are attended by inexperienced individuals unable or unauthorised to deploy the knowledge they have in the real world. For more on this, click here
MSP® and P3M3® are [registered] trade marks of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Fresh Look – A series of articles taking a look at common topics to try to come up with some new ideas and insight into problems that seem to repeat themselves across many organisations.
In a world of information overload, it is very easy to lose sight of what matters, and that makes the vision even more important. In this post, we visit the old vision statement chestnut. Everyone loves talking about visions and leadership but when the opportunity comes to put them into practice within a programme environment, quite frankly most of them are about as much use as an umbrella in a wind tunnel.
In this article, we briefly reflect on a topic that is at the source of most programme failures due to not establishing a vision that people understand and genuinely commit to, is a core source of programme failure.
MSP Survival Guide for Senior Responsible Owners has been written specifically for the SRO, full of helpful advice to make your hectic life easier
There are many reasons why programmes fail, but failure to grasp the scale of the change being delivered and weak leadership of the programme teams are often contributing factors.
As they are unlikely to have time to read the MSP guide or to go on courses, we have covered the main things that you will need to know in a format that can be easily referenced.
In this series of extracts we are publishing a summary of the key points from each of the chapter of the MSP Survival Guide for SROs. If you would like to buy a copy, please follow this link and quote the discount code of SG15 for a 10% discount.
‘“If we don’t know where we are going, how will we know when we have arrived let alone how we are going to get there?” – Yendor Nedwos
You need to grab the vision for the programme. The vision is the guiding star that should inspire those working on the programme on what may be a long and challenging journey. People expect the leader to have a vision for a better future that they can follow, if you don’t believe in the vision, you will find it very difficult to be an effective and successful SRO
Creating a blueprint challenges people to think through the consequences of the vision, which may identify issues and decisions that people would rather not have to make. Those decisions will fall to you to make, or you will need to present them to the sponsoring group or other senior people for them to make decisions. Without a blueprint it is not possible to effectively estimate benefits or what capability you will need delivered by the projects
Follow this link for a fuller extract – MSP Survival Guide for SROs tasters – Programme Vision and Blueprint
Both APMG Change Management and Prosci offer certification programmes for people seeking to know more about change management. In the recent times, these are increasingly seen as alternatives or competitors and many potential candidates want to know how these offers differ. This white paper written by Chris Moore and Robert Cole (Managing Director for C4CM), should help you decide which one is right for you.
If you find the article useful – please let us know
Fresh Look: Is a series of articles take a look at common topics and try to come up with some new ideas and insight into problems that seem to repeat themselves across many organisations
Welcome to our article on the touchy subject of business cases, touchy because so many project and programmes fail to deliver to their aspirations, with Gartner estimating 75% of projects fail to achieve expectations. In the UK public sector alone, it is estimated that £1.35bn is spent just on writing business cases alone.
Thank you to Paul Mansell, Stefan Sanchez, Eileen Roden and Geof Leigh for their contributions We all hope you find the article interesting.
If we can help you in any way we hope you will get in touch, and we offer the APMG Better Business Cases qualification if you are looking for training