Nykredit creates a benefits realisation culture
Make benefits realisation the main focus of projects to realise the full potential
The benefits of Nykredit Retail’s project portfolio were uncertain. Top-line growth was driven by higher fees, while the projects that were to develop the company did not contribute. As a consequence of this, Nykredit Retail created a project culture with focus on value creation and doubled the realised benefits – with fewer project deliverables.
Have you ever experienced that somewhere along the way you lost track of the impact that your projects are supposed to deliver? To attain the desired benefits, we need a structured approach to benefit realisation.
Project Portfolio Management
Running too many projects at the same time reduces the overall effect of your strategy. Establishing a strong Portfolio Management Office (PMO) will help you prioritise projects and execute them correctly.
Resource and capacity management
Few organisations have a clear overview of ongoing projects. This typically results in high running costs and low effectiveness.
Short and fat projects will save your bottom line
Kill Complexity is a change journey aiming at eliminating unnecessary complexity from an organisation and/or hindering unnecessary complexity in sneaking into the organisation. Kill Complexity is also about inspiring to having the courage to make trade-offs – and about building intelligent, simple solutions.
How to build a compelling business case
One of the major pitfalls of working with a business case is that it becomes too complex, and it is unclear who owns the effects of the project. Fundamentally, focus has to shift from calculations to conditions for calculations – what assumptions have we made in order to create the basis for decision-making?
Project manager of the future
The project manager is responsible for realising the deliverables – and the change manager for creating long-lasting value. These two roles must be linked more closely in future project management tasks in order to realise the benefits of the project.