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Measuring Benefits featuring advanced mapping

Is measurement of benefits in your organisation sporadic and inconclusive?
Does your role involve you in improving the measurement—or giving advice to those that do?
This session will help your understanding of consistent, practical ways of measuring benefits to provide a solid foundation for benefit-led decision making.
Over 50% interactive

• Introduction
• Who should attend?
• Seminar outline

Seminar dates

Location	Title	Date
London	Measuring Benefits featuring advanced mapping	10/02/2012	Book
London	Measuring Benefits featuring advanced mapping	01/06/2012	Book

Cost

£535+ VAT. One day seminar:- includes an e-copy of the material, lunch and refreshments throughout the day.

There is a 10% reduction from the full price for 2nd and subsequent individuals who book on the same seminar at the same time.

Introduction

Benefits of attending

The day covers the underlying principles of measurement and then gives you the opportunity to practice in a safe environment supported by experienced practitioners.  The practical work centres around the benefit-led decision making involved in developing a simple business case.  After participating in this session, attendees will be able to:

· improve the visibility of benefit information using advanced mapping techniques to clear the ‘excess noise’ which makes measures difficult to identify and track.

· select the right benefits to measure

· identify useful baseline data.

· Assist benefit owners to set targets

· Understand what immediate actions will most improve their measurement activity and contribute to an ongoing improvement plan by using sigma’s BRM Maturity Model

 

To download a copy of the latest brochure, click here

Who should attend?

• Project Managers 
• Programme Management Office Leaders
• Benefit Analysts & Facilitators
• Change Managers

Seminar outline

A focus on the business case

Using a walk-round gallery, an experienced benefits practitioner discusses with you:

· the reasons why measuring benefits seems so difficult.

· a simple business case format which uses the Benefit Dependency Map (BDM) as a logic model from which all the other information is derived

· the same ’logic model’/BDM base extended to other key documents

Refining benefit information to set the stage for measures

In order that the logic is robust and relevant it is worth investing some time upfront to produce a good quality BDM 

· working from an example ‘draft BDM’ set up on workshop boards and cards, you will refine areas of the map using decomposition criteria, and weightings.

· by reviewing as a group an example of  the draft BDM which has been completely   refined you will understand the step-change in quality of benefit information that has been achieved, and consider the implications for each section of the business case.

Choosing which benefits to measure

In an ideal world all benefits in a logic model would be measured.  In the real world, decisions on which benefits to measure are the norm.  This session reviews the relative merits of

· identifying key nodes on the BDM

· weighting the paths

Setting baselines

Using some of the benefits from the refined BDM as an  example, a decision model leads you step by step to the most appropriate baseline for the measures of the benefits.  At each step, implications for the other sections of the  business case are considered.

Helping benefit owners to set targets

Role play  exercises based on a range of information provided:

· discussion with the measurement team on the information needed to fuel the discussion with the benefit  owners

· discussion with the benefit owners on the setting of the targets

An introduction to benefit reporting

The components of the business case provide the basis for your reporting model.  You are provided with a flawed dashboard report for review and challenge.  Discussion on the implications of the flaws for benefit-led decision making.

Maturity and action plan

The day so far  will have given you some very practical   insights into important aspects of good quality benefit  measurement.  In this session we will help you to consider the current quality of  the benefit measurement in  your organisation  using an extract from sigma’s Benefit Realisation Management maturity model.  The result will be produced in a bar chart format which will assist your discussions with others in your organisation.  We will also help you to start a prioritised action plan for improving the benefit measurement within your area of influence

We are often told that the most difficult part of putting the benefit-led principles into action is influencing others.  So our final session concentrates on the WIFM ( what’s in it for me?) for

· measurement teams

· Programme Managers

· Portfolio Manager

 

 

 

 

Advanced Briefing for 'Measuring Benefits'

Many delegates on the 'measuring Benefits' session have experience in working with benefits but have not previously encountered the disciplined language and toolset for BRM that sigma recommends. If this is you - take advantage of out virtual meeting offer to bring you up to speed and make sure that you get the most out of the Measuring Benefits' session.

Benefits of attending

The session is run by an experienced benefits expert using ‘gotomeeting’ software.  This way of working allows you to share the screen of the benefits expert as they give an overview of an end-to end process for realising benefits — and  the  impact  of the information created. In benefit-led decision making.

This is a dedicated service to your organisation .  We advise that no more than 3 delegates should share the briefing .  In this way you can both control the pace to suit your needs—and ask any commercially sensitive questions in a safe environment.

The briefing covers:

· Benefit-led Decision Making

· An overview of  a 6 phase end to end process for Benefit Realisation Management

· Language

· The principles of building and using a Benefit Dependency Map

 

 

 

 

2 hour virtual meeting - £195 plus vat

Telephone 01372 450272 or email benefits@sigma-uk.com to arrange a suitable time slot.

 

 

 

 

 

 

 

 

 

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