As I said before, if projects had clear and consistent statements about project benefits, they’d be easier to compare and might lead to a better balanced portfolio.
We have looked at the specific options for financial benefits – cost reduction, increased revenue and asset enhancement. These are reasonably straightforward; we can always compare a £number with a previous value. Strategic benefits are more difficult – what do we compare?
We can certainly compare our new state (the intended state when implementation is complete) with our current (pre-project) state. If our new state is a step in the direction of our published strategy, we can reasonably claim Strategic Alignment as a benefit. After all, implementing the strategy will leave the organisation in a better position. Of course, this relies on the strategy actually being beneficial to the organisation.