Establishing Proof of Benefit
What is Proof of Benefit?
A proof of benefit (PoB) is in effect a configurable test environment that enables the business to understand from a real-world perspective how PPM will be delivered to the business. The PoB brings together the software application and processes into one single environment. The software side of the PoB can be hosted as part of a SaaS offering which will obviate the need for an internal server installation and reduce costs and timescales.
The PoB exercise will involve:
Developing and agreeing PoB objectives and scope
Agreeing the issues concerning the existing status of the current processes such as:
time recording
milestone management
project management
resource management
management information production
scenario and project modelling
Agreeing the framework for delivery of the PoB around areas where the business can develop a PPM model and deliver it into the business
Assessing and testing the PPM model and delivering the results back to the business
A PoB Step Process
A PoB will typically involve the following key steps:
Step 1 Objectives and Goals
Step 2 Principles and Scope
Step 3 ‘Current State’ Assessment
Step 4 ‘Future State’ Assessment
Step 5 Gap Analysis Assessment
Step 6 Presenting the Results to the Business