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Front cover
1
Project benefits management: Linking your project to the business
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Copyright page
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About the authors
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About the project management essentials series
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Foreword
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Acknowledgements
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How to use this book
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Contents
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Chapter 1 Introduction
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The project lifecycle
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Aims
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What is project benefits management?
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Why benefits management is needed?
24
Benefits management path of success
30
The benefits management lifecycle
35
And remember…
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Chapter 2 Projects and business
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Organizational strategy
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Developing the organizational strategy and identifying projects
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Economic evaluation of projects
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Opportunity cost
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Link to the business
46
And remember…
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Chapter 3 Benefits concept
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Benefits concept development
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Tool: Benefits Mapping Tool
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Tool: Benefits Matrix
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Benefits measurement
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Tool: Benefits Scoring Tool
64
Stakeholder management
67
Benefits realization
69
Handy hints
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And finally…
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Chapter 4 Benefits specification – Part 1: linking scope to benefits
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Defining project scope
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Tool: CTQ Scope Definition Tool
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Challenging the project scope
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Tool: Scope Challenge Checklist
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Scope and project strategy
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Scope and business change management
82
Tool: Business Environment Checklist
85
Handy hints
86
And finally…
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Chapter 5 Benefits specification – Part 2: business case development
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Value-add and lean thinking
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Cost estimating
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Benefits specification and measurement
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Tool: Benefits Influence Matrix
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How to write a business case
99
Handy hints
104
And finally…
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Chapter 6 Benefits realization
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Realization planning
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Tool: Benefits Realization Risk Tool
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Delivery of the explicit benefits
112
Delivery of the implicit benefits
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Tool: Customer Satisfaction Analysis Tool
119
Benefits sustainability
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Tool: In Place–In Use Analysis Tool
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Ending the project – sustaining the business
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Evaluating success
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Handy hints
129
And finally…
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Chapter 7 Short case studies
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Case study A – the 'personal' project
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Lessons learnt
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Case study B – comparing different approaches to business case development
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Lessons learnt
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Case study C – the 'question mark' project
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Lessons learnt
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Chapter 8 Case Study One: product storage and distribution facility project
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Situation
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Potential project
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Conclusions
149
Lessons learnt
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Chapter 9 Case Study Two: pharmaceutical facility refurbishment project
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Situation
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Business case
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Delivery
165
Benefits realization
166
Conclusions
168
Lessons learnt
168
Chapter 10 Case Study Three: organizational change programme
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Situation
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Business case
170
Delivery
176
Benefits realization
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Conclusions
186
Lessons learnt
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Chapter 11 Case Study Four: hurricane preparedness project
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Situation
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Business case
189
Delivery
197
Benefits realization
202
Conclusions
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Lessons learnt
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Chapter 12 Appendices
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Appendix 12-1 – 'Why?' Checklist
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Appendix 12-2 – 'Benefits Realized?' Checklist
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Appendix 12-3 – Economic Evaluation of Projects
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Appendix 12-4 – 'How?' Checklist
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Appendix 12-5 – Business Case Template
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Appendix 12-6 – Simple Benefits Hierarchy Tool
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Appendix 12-7 – Roadmap Decision Matrix
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Appendix 12-8 – Benefits Specification Table
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Appendix 12-9 – Business Case Tool
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Appendix 12-10 – Benefits Tracking Tool
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Appendix 12-11 – Sustainability Checklist
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Appendix 12-12 – Benefits Realization Plan Tool
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Appendix 12-13 – Glossary
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Appendix 12-14 – References
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Index
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A
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B
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C
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D
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E
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F
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G
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H
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I
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K
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L
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M
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N
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O
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P
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R
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S
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T
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U
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V
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W
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