CAPABILITYSTATEMENTINVESTMENT LOGIC MAPPING

INVESTMENT LOGIC MAPPING

CAPABILITY STATEMENTInvestment Logic Mapping

An investment logic map (ILM) is the initial building block to ensure that an organisation’s investment in projects and programs is justified.

Logic mapping is a tool that clearly identifies the right scope of work for a strategic response to resolve a given business problem.

Effective ILMs align business problems to the right solutions that will result in the greatest benefits. This helps to best scope and sequence the resulting project or program.

In the real world, the scoping process is often started before business cases and ILMs are developed, which can compromise the process. Benefit Management understands this reality, and we use our benefits management model to ensure that all stakeholders are involved in the development of ILMs, including the project team, governance committee members, those experiencing change from the project, and the users of newly delivered capabilities.

This ensures that from the very start of the project everyone is on the same page and understands what benefits the project is expected to achieve, and how it expects to achieve them. We work with you to ensure a common understanding of the benefits that contribute to business justification, and benefits that will be directly attributable to the project. Through this approach, we help avoid common pitfalls in misaligned expectations of projects and confused business cases that mix up measures, enablers, capabilities, outcomes and benefits, making investments very difficult to understand.

BenefitLearning:

BenefitLinkage:

BenefitLeadership:

BenefitLanguage:

Plan and agree when benefits will be realised, by whom and when they will be measured. Agreeing this early ensures that there is commitment to deliver benefits post project.

Common business rules for the way in whichbenefits are set and

claimed. It ensures thatapples are being

compared with apples when projects are

prioritised and avoidscommunicating forecast benefits that projects or

programs cannot achieve

Understand the way in which projects interact to achieve strategic goals. It

ensures that the right projects are contributing to

business at the right time.

Feedback to continuously improvebenefit articulation, assumptions, benefitlinkages and measurementapproaches

INVESTMENT LOGIC MAPPING

Please contact us to discuss yourcurrent business needs further

Getting the ILM right is a precursor to a strong benefits management plan, which is normally developed alongside the business case and becomes the key project and program control tool to ensure there is continued focus on investment value both throughout and beyond the project life.

We have provided detailed Benefits Management work for Sydney Water, Sunsuper Superannuation, Queensland Health eHealth, Australian Department of Infrastructure & Regional Development, Queensland Treasury and Trade, the Gold Coast Light Rail Program and Queensland Health Employee Reform. Our ILM approach is supported by tools and techniques we have developed and refined over time, drawing on international best practice and building on what has worked for our clients. This approach allows us to provide flexible and tailored tools to meet your unique requirements.

Benefit Management is one of 40 worldwide APMG Accredited Consulting Organisations and is led by one of only 60 worldwide APMG Registered Consultants specialised in Organisational Portfolio and Program consulting. These international accreditations require a proven and independently verified record of translating best practice and detailed technical knowledge into practical client environments, utilising extensive skills in presentation, assignment management, sustainable delivery and professional behaviour.

Strategic DriversUltimately, these are the

outcomes you want to reach

CapabilitiesTo achieve tangible improvements

(benefits), you need new or improvedcapabilities in place - these are

delivered by programs & projects

BenefitsTo achieve the strategic targets,you need to realise measurable

improvements (benefits) incertain areas of the business