iTools Benefit Management Case Study

iTools BM has delivered tangible benefits for a financial executive of a Financial Organisation who wanted to ensure that projects and initiatives undertaken, delivered real business and financial value to the organisation.

Measuring the value of an initiative was difficult because once the business case was approved there was no mechanism to define and track the benefits that were promised.

He wanted a way for his business sponsors to be able to define these benefits and ensure that these benefits were able to be measured and tracked through an easy to use web site, a site that would also prompt the sponsors for updates at predetermined times.

We provided him with this capability. Over the last six months, the projected business value within a business case has become more accurate by 35%. During this period the Executive Management team have been able to track the types of initiatives that actually add to the organizations bottom line and stop the ones that don’t.

“iTools has become an invaluable tool for all those involved in business and IS projects and programmes, and forms a central part of my plans to support the Group in delivering successful change better, faster and cheaper.” Tony Pockney, Head of IS Programmes, Co-operative Group

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