Category Archives: Business Project Management

Fresh Look: Investment Logic Mapping

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.

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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.

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Filed under Business Project Management, Knowledge Nugget

Developing Programme Management Frameworks

No organisation can successfully deliver programmes and projects without an effective framework. Our work on developing the maturity model P3M3® and undertaking assessments of over 100 organisations enabled us to review a wide range of processes, guidance and tools that are used across a range of sectors.

We found:

  • Incomplete frameworks with inadequate lifecycles
  • Frameworks that replicate manuals and basic theory but add no value
  • Roles and responsibilities that are generic, confusing or conflicting
  • Themes, such as risk, that are not connected to the lifecycle or sit in isolation
  • Generic role definitions with no application of the responsibilities
  • Templates that bear no resemblance to the lifecycle or processes
  • Little connection between programme and project management systems
  • Portfolio Management frameworks that fail to address balancing priorities

To overcome this we developed our own Align Framework® and offer it as a fully supported package. If you would like to find out more about the Align Framework®, click here

P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Filed under Align Framework, Business Project Management, News, P3M3®, Portfolio Management, Programme & Portfolio Office, Programme and Project framework, Programme Management, Project Management

Fresh Look: Investment Logic Mapping

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.

Picture3

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 by Ed Brown 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.

Leave a comment

Filed under Business Project Management, Knowledge Nugget

Business projects – are they from another planet?

Project Management has been around for centuries. Apart from being able to use our thumbs, it may be the differentiating factor between humans and other species, as we can see evidence of humans working together to create amazing things; from the ancient Greeks to puting man on the moon, all of which constituted a form of project management.

These projects principally focused on constructing “things”, be it a building or a machine.  Although highly complex and amazing feats in their own right, the results were quite predictable – whether it was a bridge or a machine that was being created.  It was possible to understand the problem being solved.

Business projects are much more fluid, it is almost as if they are from another planet to the certainty that surrounds traditional projects.

This article explores the differences and how they could be handled.

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Filed under Business Project Management

MSP Survival Guide for Business Change Managers

This is one of the MSP Survival Guide series and the first of the publications intended to enhance the MSP® body of knowledge by focusing on the roles, tasks and techniques of each of the roles.MSP Survival Guide for BCM's

The author is Rod Sowden (MSP Lead Author) and he was supported by a number of the Aspire Europe team.

The book addresses the areas which were too complex for the main MSP® manual within the size constraints of the book.

It is designed as the companion guide for the individuals who are appointed in this complex role of BCM, a role that is increasingly being referred to as the SBO (Senior Business Owner).

The book includes a range of specific advice, tools and worked examples together with case studies that help everyone in this role to perform effectively.

If you are interested in ordering  one, click on this link – MSP® Survival Guide for Business Change Managers

You may also wish to look at our other publications

MSP® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Filed under Business Project Management, Change Management, MSP®

Define the problem – a guide to investment logic mapping (ILM)

Investment Logic Mapping 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.

Picture3

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 by Ed Brown (Aspire Assess Director) outlines why you should use Investment Logic Mapping (ILM) 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

Leave a comment

Filed under Articles, Business Project Management, Planning

“What’s your problem?” A guide to the benefits of Investment Logic Mapping

This guide by Ed Brown (Aspire Assess Director) outlines why you should use Investment Logic Mapping (ILM) and the good value the use of ILM will bring to your investments. They’re a powerful and extremely cost-effective way to bring shape and structure to your investment before you head off into expensive blind alleys.

If you find the article useful – please let us know

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Filed under Articles, Aspire Assess, Business Project Management, Knowledge Nugget, Learning, News