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Rasmus Rytter - Benefits Realisation: The Change-Driven Approach to Project Success

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Realise the full benefits potential from your change projects

For most managers in steering committees of PMOs (Project Management Office) most projects are costly in both time and money, and they often only reach a fraction of the expected benefits.

In Benefits Realisation: The Change-Driven Approach to Project Success, renowned benefits realisation expert, speaker, and consultant Rasmus Rytter introduces a new approach to change projects where benefits realisation defines the design of the project and how its led. Once the projects benefits have been defined, the key question for the project to answer is: How might we help our colleagues change their behaviour? Thus, identifying behavioural change as the key driver of benefit realisation.

Step by step, the book guides you on how to approach both benefit realisation and behavioural change, as well as explain how it builds on the project and portfolio practices (or SAFe (Scaled Agile Framework)) you are already using.

Benefits Realisation also offers:

  • Elaborate real-life case studies and examples that show the application of the new approach to benefits realisation and change on different projects
  • Easy to use posters, playbooks, and facilitation guides for the most important activities and workshops
  • Effective strategies for using benefits realisation to minimise project cost
  • Compelling possibilities for executives to make far better strategic prioritization decisions based on credible data for project benefits and the real cost of change
  • Perfect for project managers, change managers, PMO professionals, and managers using agile frameworks, Benefits Realisation will also earn a place in the libraries of executives and other business leaders at all levels of your organisation.

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    Table of Contents List of Tables Chapter 1 Chapter 3 Chapter 5 Chapter - photo 1
    Table of Contents
    List of Tables
    1. Chapter 1
    2. Chapter 3
    3. Chapter 5
    4. Chapter 7
    5. Chapter 11
    List of Illustrations
    1. Chapter 1
    2. Chapter 2
    3. Chapter 3
    4. Chapter 4
    5. Chapter 5
    6. Chapter 6
    7. Chapter 7
    8. Chapter 8
    9. Chapter 9
    10. Chapter 10
    11. Chapter 11
    12. Chapter 12
    Guide
    Pages
    Benefits Realisation
    The Change-Driven Approach to Project Success

    Rasmus Rytter

    Benefits Realisation The Change-Driven Approach to Project Success - image 2

    This edition first published 2022.

    Copyright 2022 by Rasmus Rytter. All rights reserved.

    All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, except as permitted by law. Advice on how to obtain permission to reuse material from this title is available at http://www.wiley.com/go/permissions.

    The right of Rasmus Rytter to be identified as the author of this work has been asserted in accordance with law.

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    While the publisher and authors have used their best efforts in preparing this work, they make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives, written sales materials or promotional statements for this work. The fact that an organization, website, or product is referred to in this work as a citation and/or potential source of further information does not mean that the publisher and authors endorse the information or services the organization, website, or product may provide or recommendations it may make. This work is sold with the understanding that the publisher is not engaged in rendering professional services. The advice and strategies contained herein may not be suitable for your situation. You should consult with a specialist where appropriate. Further, readers should be aware that websites listed in this work may have changed or disappeared between when this work was written and when it is read. Neither the publisher nor authors shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

    Library of Congress Cataloging-in-Publication Data is Available:

    ISBN 9781119859789 (Hardback)

    ISBN 9781119859796 (ePub)

    ISBN 9781119859802 (ePDF)

    Cover Design: Wiley

    Cover Images: aleksandarvelasevic/Getty Images

    Preface

    Every day, I get to work with something I genuinely love. My passion is to enable companies and public organisations to realise the full benefit potential of their business change projects. It is my hope that this book will inspire people to create the change needed to increase the value of the investments put into business change projects.

    The purpose of the book is twofold:

    • To provide a practical and case-based guide on how to get more value out of your business change projects.
    • To make the benefit realisation method an integral part of your way of working with business change projects.

    In 2015, I authored a book in Danish called Gevinstrealisering (Benefits Realisation) with my good colleague Jesper Kryer Lind and Per Svejvig from Aarhus University. Together we defined what would prove to be a great stepping stone for the benefits realisation method, namely the benefit map. Since then, the way we use the benefit map has been refined and expanded to cover all parts of the project lifecycle. Furthermore, it has been adapted to accommodate new delivery methods such as SAFe (scaled agile framework). During this time, it became clear that if we wanted to realise the full benefit potential of business change projects we would need the same type of practical and hands-on approach to behavioural change as we had developed for benefits realisation. Succeeding with behavioural change is the key driver for benefits realisation, and too often we saw the work we put into defining and following up on benefits was in vain, as we did not succeed in changing our colleagues' ways of working, hence the benefits realisation method had to include a practical approach to behavioural change.

    To really create value within organisations, it is not enough to apply the benefits realisation method on one or two projects. It needs to be used on every single business change project in the portfolio.

    With the help of Jesper Kryer Lind and colleagues from Implement Consulting Group, since 2015 I have gained a great deal of experience on the implementation of the benefits realisation method. While there is no one way to implement the benefits realisation method, the most successful implementations share a set of common features I will share with you in this book.

    If you are responsible for realising the benefits of a business change project, either as a project manager or as a person with managerial responsibility, this book should be on your reading list. If you are looking for inspiration on how to create more value in your business change projects and increase your organisation's competitiveness and efficiency, this book is highly recommended for you. Read on and be inspired to design a project organisation that will create value no matter the delivery method.

    Writing this book, I set out to make it as useful and practical as possible, ensuring that the content would be easy to understand and apply in the real world. I have therefore chosen to limit the number of tools and approaches for working with benefits and change. This also means that a lot of tools and recommendations for ways of working with benefits and change did not make it into the book.

    Please reach out to me if you disagree with my selection of tools and ways of working with benefits and change, if you want to share some alternatives, or if you have used the book successfully to realise more benefits. I look forward to these conversations.

    If you are about to embark on the benefits realisation journey and need some advice, I would love to hear from you. This book is hardly the end of the line for our knowledge on how to best to create value in projects, and the sooner we share our experience, the faster we can take the next steps on the journey.

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