Traditional benefits realization focuses on lagging
indicators, current value and tangible assets. JCS' focus is to ensure
that the tracking and monitoring of the returns is a continuous
measurement and is inclusive in the ongoing project versus an
afterthought at the end of the project.
Based on this approach JCS' Benefits Realization Management
focuses on helping clients address this dilemma of unrealized returns.
We believe that benefits realization management should
be incorporated into the continuous overall financial management
of the initiative.
At JCS we believe that an integrated approach to benefits
realization management should ensure alignment to the corporate
strategy to help drive sustainable returns. As such this needs
to leverage the foundations of the initial project business case
by focusing on:
- Defining measurable outcomes
- Confirming what measures to use
- Identifying where/how to capture them
- Defining reports
- Tracking measures
- Reporting on outcomes
here to learn more about business case development.