For those who have to compute their project’s financial benefits’ value - at the business case stage and thereafter.

The financial value of your project needs to be known 

• to assess against the costs of delivery (and compute the ROI), 
• to assess its viability at any time and 
• to compute the value available at the time of delivery.

Few benefits calculations meet this requirement.

This Guide provides you with a simple, proven approach to capturing your financial benefits to be clear, consistent, trackable and measurable. 

Your project’s financial value needs careful management as it is the least stable element of the business case. It can legitimately change during the project due to factors totally outside the control of the project team. You, therefore need to ensure

• the bases, assumptions and ‘value drivers’ of your benefits are clear 
• these factors can be updated as they change - whether due to internal or external events/decisions
• the value of any benefit - net of the costs of delivery - is assessable - is it worth it?
• any scope or other changes can be computed through to assess their value impacts
• the value available at the time of realization can be computed - have we got it all?

Excellent financial benefit quantification relies on how the values are calculated - this Guide tells you how to do this easily.

How to quantify your financial benefits

1. Understanding the dynamics of financial benefits
2. The end-to-end benefits quantification process
3. How to maximize your financial benefits from your list of benefits
4. How to prepare for the financial identification workshop
5. How to run the financial identification workshop
6. How to discover your benefits’ financial information
7. Understanding the benefits calculation record design principles
8. Understanding the benefits calculation record as a ‘live’ document
9. Understanding the benefits calculation record policies and rules
10. How to enter and quantify each benefit
11. How to quantify your risk reduction benefits
12. How to agree your financials 
13. How to monitor your portfolio’s project/program’s financial values
14. How to govern your benefits value
15. How to present your financial benefits

• Project team - to identify and compute the current value of the project - at the business case stage and thereafter
• Governance team - to verify and track the current value of the project at all times
• PPMO - to verify the validity of the financial calculations and the viability of the project
• Project Investment Committee/Board - to understand the bases of the financial benefits calculations
• Audit - to verify the bases of business case benefits and ongoing project value/viability

• Equips you to source and generate your project’s financial benefits
• Provides a common framework for financial benefits presentation that can be maintained throughout the project
• Allows your financial benefits to be easily summarized at benefit type and category levels within your business case
• Enables you to track and validate the value of any one financial benefit throughout your project - including any changes that are not the fault of the project
• Makes easy the proving of the viability of your project at any time

Coming soon