Delivering the benefits outlined by the improvement initiatives


Once the improvement initiatives are selected from the selection process, you will have portfolio of projects/ initiatives, it is important to classify the project based on the size of the project into 'Projects' and 'Just Do it's'. 

For 'Just Do It's' , do not to spend too much time in project administration, rather let the team to focus on just delivering as too much of documentation might undermine the benefits.

For projects, use the right project management methodology to deliver the benefits outlined. Whether you use waterfall or agile methodology, it is critical to be very clear on the below point
  • What are we trying to achieve?
  • What success will look like?
  • What KPIs are we improving? What is the baseline value and target value?
Building a project charter is the first step in order to ensure all the parties involved in the delivery are clear on the outcome and how the project is planning to achieve the outcome. 

Below is an example of project charter


Project governance to be in place with clear stage gate to ensure project is managed to deliver the benefits outlined. There are many methodology in place, but a very basic project phase in waterfall methodology is shown below for a typical technology project


During the initiation phase of the project, call out success criteria including measurable benefits. Benefit realisation is the key part of a project that is often forgotton. Once project is delivered, it is important to measure the output to check if project delivered the outcome which was set in the ideation phase. Assign a benefit manager (or Business Project Lead) for the project to ensure project is always on track to meet the benefit it has committed to. In LEAN transformation approach, it is important to have initiatives which impact KPI that is measurable to show the project is making an impact to the strategic objectives that the organisation wants to achieve.








5 comments:

  1. Good Post! Thank you so much for sharing this pretty post, it was so good to read and useful to improve my knowledge as updated one, keep blogging…
    Best Project Management Software

    ReplyDelete
  2. Needed to compose you a very little word to thank you yet again regarding the nice suggestions you’ve contributed here.
    Project Management

    ReplyDelete
  3. The Academic Papers firm has the most qualified and skilled people here to help with writing. When a student gets an assignment or dissertation, he/she don't concentrate on the writing procedure of all stages. Our writers make their efforts on a professional level. So don't feel hesitation for dissertation help.

    ReplyDelete
  4. Gotten from these outcomes, a lot of destinations are as of now introducing to individuals chances of shopping on the web. A model is qpons-r-us.com which is an internet based coupon site that desires to supply individuals with wonderful shopping experience. online shopping pakistan

    ReplyDelete
  5. Then, you’re in luck because what Just American Jackets has for you captain america winter soldier jacket will be a promising engagement for this season.

    ReplyDelete

We would love to hear your thoughts and feedback! Please comment below

Popular Posts