Benefits Realisation
An investment is only successful if its intended benefits are actually delivered. Benefits realisation is the process that supports the decisions and actions needed to achieve those benefits.
While investments are made for many reasons, they’re ultimately expected to create value. Yet organisations often struggle to define, track, and realise that value consistently. Since the mid-1990s, benefits realisation approaches have helped address this challenge, but until Wovex, no tool fully supported the end-to-end process.
Benefits realisation can refer to individual parts of the process (like tracking or reporting), or to the full discipline, also known as Benefits Realisation Management (BRM). When used fully, BRM involves the strategy, planning, tracking, and continuous delivery of value over time.
What successful benefits realisation requires:
Accountable people who own the delivery
Clear, relevant measures
Proactive tracking and adjustment
A defined framework, register, and plan
Some organisations go further by creating an organisation-wide benefits strategy with consistent methods and reporting to save time and improve results.
A Typical Benefits Realisation Process
Identify investment objectives and expected benefits
Define benefit measures to track progress
Collect current data as a baseline
Agree on a tailored approach for this investment
Plan new or improved capabilities needed to realise the benefits
Plan the changes and investments to deliver those capabilities
Optimise for value, balancing cost, risk, time, and resource
Implement using supporting roles, tools, and governance
Review progress using benefit measures and improve the plan
Sustain the results after delivery to maximise long-term value
The Culture
The BRM mindset is:
Outcome-focused – prioritising value, not just activity
Collaborative – involving stakeholders in shaping and owning benefits
Transparent – making value visible across teams and leadership
Disciplined – using consistent frameworks, roles, and governance
Reflective – using data and insights to continuously improve
Tools That Support the Process
One common technique for planning benefits is the creation of a Benefits Map (also known as a value map, outcome model, results chain, or benefits dependency network). These show how projects, enablers, and outcomes contribute to benefits and strategic goals—on a single page. They help teams align on what value looks like and how it will be achieved.
Supporting details—such as benefit measures, owners, forecasts, assumptions, targets, and risks—are captured in a Benefits Register and a Benefits Plan.
In Wovex, these are fully integrated.
Your Workspace is the register of all benefits and related items
The Value Agreement helps define expectations and responsibilities
Tracking Data and Calculations allow real-time monitoring and analysis
But benefits realisation is not just about collecting data—it’s also about creating engagement, ownership, and shared accountability across stakeholders. That’s where Wovex adds even more value.
Wovex supports:
Collaborative mapping, so teams can co-create benefit logic and review plans together
Clear roles and permissions, so responsibility is visible and structured
Publishable maps and reports, making it easy to communicate value and progress at any stage
Integrated governance, so benefits realisation becomes a visible, managed part of every project or portfolio—not a side process or afterthought
Ongoing visibility, even after delivery, so benefits can be tracked through post-implementation review and evaluation
Wovex elevates benefits realisation from a siloed task to a core part of your programme and portfolio management practice. It helps you maintain consistency across projects, improve transparency for leadership, and drive better decision-making at every level.
That’s why Wovex is trusted across government, infrastructure, health, and beyond—to turn benefits realisation into a strategic asset.
Wovex fully supports this entire process in one connected platform.