In the run-up to the general election, all the political parties trying to win your vote using the NHS card. They make all these wild promises, but what is going on behind the scenes? Labour -- Gordon Brown's health team is promising something for everyone: the public can have whatever they want
A colleague asked me over a coffee “how do you go about identifying, defining and quantifying benefits? How do you create a benefits realisation plan?”. I think hidden behind the question was a number of thoughts:
If the Benefits Management Strategy is the high-level and relatively unchanging document, then with the Benefits Approach and Benefits Tracking process we get down to the nitty gritty of doing the doing.
The Benefits Approach is about a whole lot more detail on how you will tackle this
How to prepare a benefits realisation plan (BRP) and how it supports project management and performance management, with the main and most useful resources
Benefits Planning is much more than just filling in a template - besides, who's template do you complete?
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John Thorp's book "the information paradox" is probably the foundation on which future benefits realisation has been based. Although it is based around IT projects (notoriously, with a 70% "failure" rate), there is much that can be applied to all environments.
The Demos report "measuring social value: the gap between policy and practice" asks a very important question 'is there a standard method of measuring SROI?'.
The answer is: that depends.
When planning a new project, or evaluating whether an existing service has been successful, financial success is often the only thing that gets counted.