PMI UK Chapter

March 2018 | Earned Benefit Program Management presented by Kik Piney

March 2018 | Earned Benefit Program Management presented by Kik Piney

Webinar Description

Modern project management has been developing its formal concepts, tools and techniques for seventy years or so. However, as organizations have realized the business and strategic value that projects can deliver, the project space has expanded to include programmes and portfolios of projects. We can all understand that when you progress from cooking meals to running a restaurant, the concepts, tools and techniques as well as the mindset that worked so well in your previous environment are no longer adequate or even applicable in your new environment. Programme and portfolio management deliver a similar culture shock in the field of project management.

The need to address this situation has led to a growing focus on benefits management –how to quantify, track and deliver value-added results from the outputs of the component projects.

This presentation will introduce a technique that is central to effective benefits management –benefits mapping. The power of this tool for integrating project planning with business forecasting will be explained. A case study example will show how this technique can help strategic planners avoid the sort of extremely costly false assumptions that the media take pleasure in exposing –but only after the event!

The main topics covered are;

  • Where do programmes fit in?
  • How to model a programme
  • Roles and accountability in programme justification
  • Analyzing the programme model
  • The danger of simplistic assumptions
  • Benefit-related programme performance management
  • Next step

Video Link to Webinar Recording

About Kik Piney

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Crispin Piney (known as “Kik”) has been involved in the project world since joining the IT Group at CERN, the European Laboratory for Particle Physics, in 1970. He later moved to the Digital Equipment Corporation (DEC), and left in 2000 to work as an independent trainer and consultant.

He has also invested enthusiasm, time, and effort working as a volunteer with the Project Management Institute (PMI®) on the majority of their standardization efforts –project, program, portfolio, risk, Earned Value, Organizational Project Management, scheduling, Work Breakdown Structures, competency development, etc. On the way he has acquired the PMP®, PgMP® and PfMP® certifications.

Kik Piney is author of the book Earned Benefit Program Management, published by CRC Press in October 2017.

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