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Assurance Review Process - Lessons Learned
Benefits Realisation Management
July 2012
Lessons learned and better practice
The purpose of this publication is to present the lessons learned on project management since the
implementation of the Australian Government’s Assurance Review Process. Lessons learned are
defined as observations arising from reviews which highlight opportunities for improvement. This
publication is intended to assist agencies to better identify opportunities for improving their Benefits
Realisation Management practices, and to promulgate the lessons learned and evidence of better
practices observed from Assurance Reviews.
The publication’s intended audience is for project and program managers who may not necessarily
be well versed or have the necessary expertise or capacity to effectively utilise Benefits Realisation.
The intention is to convey to agencies the principles of Benefits Realisation Management rather than
to provide detailed guidelines on any methodology.
What have we learnt that indicates the need for a benefits lead approach?
Benefits Management provides agencies with a way to track and maximise the achievement of
benefits from the investment. Experience shows that agencies are more likely to maximise the
realisation of benefits if:
• Benefits are managed strategically and dynamically throughout the program and beyond;
• Benefits are used in the decision making process allowing the prioritisation of investment
decisions, and indicating when a program may be off track;
• Benefits are a key focus of the Business Case;
• The New Policy Proposal (NPP) and supporting Implementation Plan sets out the benefits
expected from the program;
• Benefits are measured routinely and are part of normal planning and reporting functions—not
regarded as an optional and stand alone exercise; and
• Benefits are agreed and championed by all stakeholders.
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