Tutorial Outline

This tutorial is designed for people who are familiar with the Thomsett PM models and who wish to further explore the processes involved in determining the "Added Value" that projects bring to their organisation.

The Tutorial

This one-day tutorial provides participants with an "added-value" model for the derivation of an integrated and comprehensive Return-on-Investment analysis for business projects. The tutorial presents an integrated approach to cost and returns analysis, and benefits realisation which includes examination of outputs, outcomes and value chains.

Topics covered include:

Returns Modelling

• Essential project justification information
• Strategic impact assessment, technology factors, etc.
• Benefits or returns analysis
• Gathering objectives
• Refining & modelling objectives
• Measuring returns - IRACIS
• Eliminating intangible benefits
• Primary and Secondary benefits
• Modelling the value chain
• Benefits Realisation Planning

Costs, AVA and other issues

• Costing the project
• Capital and recurrent costs
• Determining the true costs of people
• The role of time - present value, payback periods, etc.
• Deriving AVA (Added Value Analysis)
• Risk and size
• Other factors for project justification
• Scoring models
• An integrated "Value-Added" justification

Documentation

The documentation provided for this briefing contains the fundamental processes required to evaluate and document the Added Value that a project will bring to your organisation.

Book an In-house Tutorial or a place on a Public Workshop