Benefits Harvesting
Ensure that planned benefits are being delivered and, when necessary, take appropriate action to ensure that they are delivered.
Improvement Planning
Practices-Outcomes-Metrics (POM)
Representative POMs are described for Benefits Harvesting at each level of maturity.
- 2Basic
- Practice
- Ensure oversight of harvesting is managed by the programme sponsor.
- Outcome
- Harvesting is managed (or delegated) by the programme sponsor.
- Metric
- % of completed projects/programmes with harvest oversight.
- Practice
- Assign accountability for the harvesting of targeted benefits to business areas.
- Outcome
- Accountability for benefits delivery is at the general business area level.
- Metric
- % of projects/programmes for which a benefits owner is identified.
- Practice
- Review benefits harvesting at various points after go-live.
- Outcome
- Benefits harvesting in some form is carried out after the project is implemented.
- Metric
- % of projects that review benefits harvesting after go-live.
- Practice
- No formal processes for work practice evolution at this stage.
- Outcome
- Work practices are sometimes changed to enable benefits.
- Metric
- % of projects where work practices are changed at some point.
- Practice
- Conduct post-implementation reviews for all major projects/programmes, focusing largely on deliverables (time, scope, budget).
- Outcome
- A project-oriented post-mortem takes place on all projects/programmes.
- Metric
- % of projects/programmes on which a review is carried out within six months of completion.
- Practice
- Review benefits in the context of determining if the proposed change has been achieved or not.
- Outcome
- Post-implementation reviews assess how successfully the proposed changes have been introduced.
- Metric
- Benefit success rate = % of targeted benefits actually achieved.
- Practice
- Use a benefits thinking approach in investment decision-making.
- Outcome
- Benefits realization begins to be evident in decision-making.
- Metric
- % of business cases that are benefits-led.
- 3Intermediate
- Practice
- Establish a post-implementation harvesting steering group to oversee delivery of targeted benefits for some projects/programmes.
- Outcome
- The harvesting team, composed of key IT and other business stakeholders, oversees benefits delivery and holds benefit owners accountable.
- Metric
- % of completed projects/programmes with a harvesting team.
- Practice
- Assign accountability to named business individuals for the harvesting of targeted benefits.
- Outcome
- Accountability for benefits delivery is assigned to named people.
- Metric
- % of completed projects/programmes with accountabilities assigned for harvesting.
- Practice
- Commit targeted benefits into business unit budgets.
- Outcomes
- Targeted benefits are committed into corporate systems and processes.
- Benefits accountability is enforced through budgets and head-counts.
- Metric
- % of projects with benefits committed to budgets.
- Practice
- Review benefits harvesting throughout the project life cycle.
- Outcome
- Benefits harvesting stage gates are enacted and reviewed throughout the life cycle.
- Metric
- % of projects that review benefits harvesting throughout the life cycle.
- Practice
- Evolve working practices to achieve targeted benefits.
- Outcome
- Changes are embedded in work practices, and oversight and reward systems throughout the entire organization.
- Metric
- % of projects where work practices are evolving throughout the project.
- Practice
- Conduct post-implementation reviews that prioritize the realization of benefits over project deliverables.
- Outcome
- A benefits-focused post mortem is in place for all projects/programmes.
- Metric
- % of projects/programmes with a benefits-focused post-implementation review.
- Practice
- Conduct architectural reviews of each project to determine its potential benefits.
- Outcome
- The architectural roadmap is updated for each project.
- Metric
- % of projects that include architectural reviews.
- Practice
- Facilitate lessons learned reviews, with a focus on benefits.
- Outcomes
- A lessons learned report is available.
- The benefits action plan also includes the benefits that were expected but not achieved.
- Metric
- % of projects for which lessons learned reviews are conducted.
- Practice
- Use benefits thinking in business cases.
- Outcome
- Benefits realization influences most IT investment decisions through the benefits-led business case.
- Metric
- % of business cases that are benefits-led.
- 4Advanced
- Practice
- Establish a post-implementation harvesting team for all IT-enabled change initiatives above a defined threshold.
- Outcome
- Harvesting teams are standard practice across the organization.
- Metric
- % of completed projects/programmes with a harvesting team.
- Practice
- Link personal objectives to the achievement of committed project/programme benefits.
- Outcome
- Benefits accountability is enforced through individual scorecards and incentives.
- Metric
- % of projects with benefits committed into individual incentives.
- Practice
- Give business accountability and ownership of evolving work practices and continued benefits harvesting.
- Outcome
- Benefits targets are integrated into the overall organizational performance monitoring.
- Metric
- % of projects where benefits targets are integrated into the overall performance monitoring.
- Practice
- Conduct benefits reviews actively through the project life cycle, both during and following project implementation.
- Outcome
- Enable the business case to be a living investment document that is challenged and revised as assumptions change through the project life cycle.
- Metric
- % of projects where business cases are regularly reviewed and updated throughout the life cycle.
- Practice
- Identify emerging unforecasted benefits.
- Outcome
- A benefits action plan for emerging unforecasted benefits is identified.
- Metric
- Number of emerging unforecasted benefits generated by project.
- Practice
- Ensure benefits realization drives portfolio appraisals.
- Outcomes
- Project evaluations are focused on benefits to stakeholders rather than on simple financial returns.
- Formal benefits-driven portfolio appraisal reviews take place.
- Metric
- Portfolio investment criteria are benefits focused.
- 5Optimized
- Practice
- Recognize business ownership as a routine aspect of delivering benefits through business change.
- Outcome
- Business ownership for benefits delivery and business change is organizationally formalized in job specifications and HR policies.
- Metric
- Existence of HR policies and practices mandating business ownership of business change and benefits delivery.
- Practice
- Integrate formal benefits harvesting into the organization's financial governance.
- Outcome
- Benefits harvesting directly impacts subsequent financial planning — savings and revenues are reflected in adjusted budgets, cost allocations etc.
- Metric
- % of projects where benefits harvesting directly impacts financial planning.
- Practice
- Routinely undergo external harvesting audits.
- Outcome
- Oversight of benefits delivery is done in the context of the overall portfolio.
- Metric
- % of projects where benefits delivery is overseen in the context of the overall portfolio.
- Practice
- Embed benefits thinking across the investment life cycle.
- Outcome
- Targeted benefits are achieved in most investments.
- Metric
- % of investments achieving business benefit targets.