Manage This | Episode 196 | The Hidden Value: Understanding Benefits Realization

Do you lead projects that deliver measurable benefits? An often-overlooked aspect of projects is Benefits Realization, and sadly, many projects fail to deliver their intended outcomes. Renowned expert within benefits realization and organizational change, Rasmus Rytter, emphasizes the importance of ensuring projects actually realize the intended positive outcomes for stakeholders. Join us as we explore why so many projects fail to do so, as we examine primary reasons for this shortfall.
We discuss strategies to maximize value which involve understanding stakeholders' ultimate goals, regularly reassessing benefits, and establishing cause-and-effect relationships. Rasmus highlights the significance of engaging with sponsors to confirm completion and track progress toward benefits. Furthermore, we address the learning opportunities inherent in analyzing project outcomes, which can inform future projects as well as improve initial conversations about benefits. Join us as we unravel the complexities of benefits realization and explore ways to enhance project value.
Rasmus Rytter is an author, speaker, and expert within benefits realization. His expertise and three books on the subject have helped a wide variety of companies and public organizations realize their benefit potential. Since 2013, he has been a partner, consultant, and advisor of Implement Consulting Group. Previously, Rasmus worked for 10 years as a project manager, program manager, and people manager. Rasmus is the author of: Benefits Realisation: The Change-Driven Approach to Project Success.