The Project Workout

19 Managing benefits

1. Benefits and drivers
2. Needs, benefits, outcomes, and outputs - mapping
3. Forecasting benefits
4. Timing of benefits
5. Business cases

In short, benefits are about making more money, about using existing resources and assets more efficiently and about staying in business.

“What is a man profited, if he shall gain the whole world and lose his own soul?”

ST MATTHEW 16:26

• Be clear what drives your business’ bottom line.
• Understand the outcomes you need to generate the benefits.
• Always measure benefits against a known baseline.
• Place benefits in the wider business context.
• Make benefits tangible, whenever possible.
• Look out for unwanted ...