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Topic
A change-driven approach to project successBenefits Realisation
Published
7 February 2022
Benefits realisation is a well-proven method for designing and managing change projects to maximise value creation. It presents a new way of looking at projects and identifies behavioural change as the key driver of benefits realisation.
Realise your benefits potential
Change projects are costly in both time and money, and we often only realise a fraction of the expected benefits. Does this sound familiar? For most managers in steering committees of PMOs and projects, it does.
Less than 50% of benefits are realised on large change projects according to project owners. Only 18% of benefits are documented.
There is a present need to change the way we work with change projects so that we can succeed in changing behaviour and creating value.
Get inspired! Have a look at our cases, watch previous event videos (in English and Danish), and download essential tools and templates. Or inspire others with links to books, articles or cases, questions, comments, tools and whatever you believe can help improve our ways of working with benefits realisation and change.
Want to dive deeper?
Benefits realisation
The Change-Driven Approach to Project Success
On 26 June 2022, our good colleague Rasmus Rytter published his new book in which he introduces a new approach to change projects where benefits realisation defines the design of the project and how it is led.
“Benefits realisation has helped Ørsted create significantly more value through better prioritisation decisions, clear managerial ownership and structured follow-up.”
Kenneth Theilgaard Roslind, Chief Digital Officer at Ørsted
Cases
Project management is a craft. It takes time and effort to get good at it, and the same goes for the benefits realisation and change part of project management.
So, is the adaption of a structured approach to benefits realisation and change worth the effort? If you ask Novo Nordisk, Ørsted, Nykredit, Tryg and the University of Copenhagen, they definitely think so. You can read more about this in our case descriptions or in the book “Adfærdsdrevet Gevinstrealisering”, where you will find the cases from Ørsted and the University of Copenhagen.
“Implementing the benefits realisation method is a change project where we need to get senior management, managers in the steering committees and employees on board to succeed.”
Kenneth Theilgaard Roslind, Chief Digital Officer at Ørsted
Related cases0 3
Events and courses
Do you want to realise the benefits potential in your projects?
Get started by signing up for one of our courses where you get hands-on experience with the methods and tools we use to design the project, change behaviour and realise the benefits.
“I will use the benefits realisation and change approach on my projects right away. I can’t wait to get started.”
Lærke Kjærulff, COO, IFS R&D
You can also get inspired by signing up for one of our upcoming events, watch the videos from previous events or browse through the event presentations.
We hope to see you soon.
Recordings from previous events 0
Books and articles
The Implement approach to benefits realisation and change has been developed over the last decade.
The method’s constant evolution is driven by our ambition to improve our ways of working each time we help on a project. Writing books and articles is a way for us to share our work and involve customers, academics and other project professionals in making our approach to benefits realisation easy to use as well as a great lever for value creation.
“Benefits realisation has helped Ørsted create significantly more value through better prioritisation decisions, clear managerial ownership and structured follow-up.”
Kenneth Theilgaard Roslind, Chief Digital Officer at Ørsted
Books0 3
Articles 0 6
Tool
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The benefit map
The benefit map creates ownership of the realisation of benefits, and it moves the focus away from deliverables and towa...Article
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Behavioural design is key to benefits realisation
If we want to create value through our change projects, we must make it simple for the people involved to act in the des...Article
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SAFe does not create benefits – people do
In most cases we cannot exclude “people” as the most important factor when developing products, services, new ways of wo...Article
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Stronger benefits realisation
Article in Danish: Stronger benefits realisation in the state's new it project model.
Article
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Programme management in the public sector
Article in Danish: Using programme management in the public sector's strategic initiatives.Want to know more?
If you want to know more or have any questions, please reach out to one of our benefits realisation experts.
Related0 4
Case
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Novo Nordisk Quality Systems
A structured approach to benefits realisation and change is the key to succeeding with large IT projects.Book
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Behaviour-driven benefits realisation
Book in Danish: A practical guide written in Danish.Article
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