Value Agreements help you forecast and share when and to what degree the benefits of your work will be delivered. Built on the information you have clarified already in Wovex, you can create multiple agreements to show exactly what’s being impacted, when it’s happening, and to what extent, so teams, stakeholders, and suppliers can move forward together with purpose.

00:00 Introduction

01:00 Creating a Value Agreement

01:33 Define your stages for benefits delivery

01:46 Set your expected level of impact

02:01 Add notes on value

02:19 Assign responsibility & control versions

02:42 Create tailored views

02:42 Cut the data for tailored views

02:59 Download to share

03:06 Copy an Agreement to edit

03:12 How to use Agreements at every stage

04:04 Summary

Value Agreements in Wovex are more than just benefits definition documents; they’re your benefits plan for agreeing and communicating value.

They help you:

Align Stakeholders: Make sure teams, suppliers, and decision-makers all agree on what success looks like.

Plan with Clarity: Lay out which benefits will be delivered and reported, when they’ll be realised, and to what extent.

Track and Adapt: Monitor benefit delivery in relation to the agreement, stage by stage, and easily update your plan as things evolve.

Value Agreements work directly with your Wovex database, you can review and update with new initiatives, benefits, and measures any time. Add an Initiative and it's benefits and measures are updated. Stay connected and version-controlled, so you always know where you stand.

In Wovex, a Value Agreement is a dynamic, structured view of your benefit delivery plan. It draws from your existing initiatives, benefits, and measures, and builds a timeline of impact.

What you’ll see:

Start with What You’ve Already Defined:

As soon as you add initiatives, benefits, and measures into Wovex, your Value Agreement begins to form. Wovex automatically connects related items, so if your initiatives already link to benefits, they’ll appear here.

Add or Refine Relationships:

Don’t have links yet? No problem. Wovex makes it easy to set them up, just 'Fix' relationships with Goals and Benefits and measures, and they’ll appear in your agreement.

Define Your Stages:

Projects have stages, like Concept, Definition, Implementation, or Delivery. Set the number of stages you need. In each stage, you specify the expected impact of each benefit and measure.

Set Impact Levels:

Using Wovex’s six-level scale (from “No Impact” to “Very High Impact”), you can quickly express the expected contribution of each benefit in each stage.

Tailor the View:

Adjust which benefits and measures appear, depending on your audience. Create focused views for executives, delivery teams, or suppliers by showing only what’s relevant.

Use Templates:

Save time by copying an existing Value Agreement. This is especially helpful if your organisation works on repeatable projects or contract types.

Update Dynamically:

As your work progresses, your agreement evolves. Add new benefits, edit stage names, or update measures—Wovex keeps everything versioned and linked.

Collaborate in Real Time:

Share a live link to your Value Agreement with stakeholders or partners. Everyone sees the same version, and updates reflect instantly.

Encourage Ownership:

Assign responsibility for reporting data and delivering outcomes directly within the agreement. This builds accountability and keeps teams aligned.

Keep Everyone on Track:

Use the Value Agreement as a reference during meetings, reviews, or reporting cycles. Everyone knows what’s expected, when it's due, and how progress is measured.

Use as a Review Tool:

When your project or programme wraps up, your Value Agreement makes post-delivery evaluation straightforward. It shows what was delivered, what worked, and what needs improvement.

Capture Lessons Learned:

Track different versions of your agreement over time to see how plans have evolved. Use this to inform future work or improve benefit forecasts.

Build Confidence in Reporting:

Because Value Agreements stay connected to your core database, reporting is consistent and reliable, no need to juggle spreadsheets or rework timelines.

Wovex Value Agreements are designed to bring clarity, structure, and accountability to benefits planning and delivery. Whether you're aligning early, tracking progress, or wrapping up, Value Agreements make it easier to keep value at the centre of your work.

Set up your first Value Agreement today and give your team a clear, confident plan for success.