ValuePoint I/S

How does your organisation identify and measure project benefits? What do you do to make your desired business outcomes part of your project deliverables and to get the maximum value from them? 🎯 At ValuePoint we’re happy and eager to help organisations with all the questions that naturally arise in relation to Benefits Management and more. 🌟 As the new year approaches, it is a perfect opportunity for ValuePoint to celebrate the values that it stands for and its mission to help organisations get the maximum amount of business value and benefit realisation from their business initiatives and project investments. As an end-of-year reflection, we share four approaches to Benefits Management. Which One Are You Using? 🔹 Benefits Measurement: Tracks whether identified benefits are achieved or not – a basic start but often leading to getting less than you wanted 🔹 Benefits Tracking & Measurement: Adds real-time tracking to measure benefit value amidst changing conditions. 🔹 Benefits Identification, Tracking & Measurement: Maximizes value by identifying all potential benefits, not just "enough to justify costs." 🔹 Benefits Optimization: The most impactful approach. Optimizes benefits delivery while reducing costs and dramatically increasing ROI. The way you manage project benefits directly impacts the value your organization "banks." These four approaches to benefits management gradually shift the focus from mere ‘output’ to ‘outcomes’ with each one delivering progressively better results. Choosing no approach (approach ‘0’) is the most expensive mistake – it leaves value on the table. If you want to maximize and optimize the business value of your investments, benefits management is key – it's strategic. The full article is accessible from our newly re-built website:https://lnkd.in/dMEf-ZD8 What’s your approach? Are you optimizing your outcomes or just measuring them? We look forward to helping you and your organisation in 2025... ✨ Best wishes for a peaceful year-end and a Happy New Year to you all. 🚀 #ProjectManagement #BenefitsRealization #BusinessValue #ROI #StrategyExecution #ProjectSuccess