A ‘standards-based’ approach to benefits management – what BS202002 means

Events - Public

Starting 06 Oct 2022 - 12:00 through to 06 Oct 2022 - 13:00

Created by

What are the benefits of benefits management? How do you ensure that it doesn’t become a cottage industry? The new British standard (out for public consultation) addresses this and more, and the lead author and working group chair will canter through some of the key points and expands on some of the more controversial areas.

Many organisations get as far as the benefits map and think they have “done” benefits management. It’s a good foundation, but the first return on investment comes when the benefits are the basis for stakeholder engagement, communications, and decision-making. However that return on investment is small fry compared to the really big rewards when organisations apply benefits management across a portfolio or across an enterprise. This applies just as much for a small organisation with a few low budget projects, as for a big one with divisions and PMOs, and the Government Major Projects Portfolio.

Benefits management takes resources, and it is worth doing right. The working group collated lessons from many P3 delivery organisations into a form that any organisation can copy and implement – whether it’s major government infrastructure or an agile software development.

This new British standard codifies how the most successful organisations implement benefits management across portfolios, programmes and projects. It’s available for public comment.

The webinar will expand on the standard by explaining some of the “sins” of benefits management, and will also invite participants to comment on the draft out for public consultation.

 

 

For more information and to book, please visit the APM webinar page.

Register for this event

To register your place at this event, use the button below. This will take you to a registration page outside the network.

Register Now