Value management
With the right scope, considerations for the timeline, a release strategy for the implementation, a skilled team, and a clear governance structure to make them effective, your transformation should be well on its way to success.
Value management is the final aspect of the transformation, something that should be made an integral part of any scope, release strategy, governance model, and any decisions made. The underlying intent of value management is to optimize the transformational activities so that its outputs (business changes, process changes, and technology changes) are well aligned with the value measures that kickstarted the transformation in the first place.
In a simple sense, value management comes down to continuously asking the question, “Is this bringing value to the organization and what the project cares about?” The difficult part of value management is having an answer to that question for each decision made within the project.
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