Benefits/Value Realization Lead

The Benefits/Value Realization Lead is a strategic role focused on ensuring that projects and initiatives deliver tangible and measurable benefits to the organization. This role requires a deep understanding of project management, financial analysis, change management, and stakeholder engagement to drive the successful realization of expected value. The Benefits/Value Realization Lead collaborates with project teams, stakeholders, and senior management to identify, track, and maximize the value generated by projects.

Qualifications:

- Bachelor's/PG degree in Business, Finance or Economics

- Proven experience in project management, financial analysis, or benefits realization, with 10 years in a leadership role

- Strong analytical skills with the ability to quantify and track benefits using appropriate metrics

- Proficiency in project management methodologies and tools (e.g., PMP, PRINCE2, Microsoft Project)

- Excellent communication, presentation, and data visualization skills

- Change management certification (e.g., Prosci) is a plus

- Financial certification (e.g., CFA, CPA) is a plus

Key Responsibilities:

- Collaborate with project teams to define clear and measurable benefits and value targets for each project or initiative.

- Conduct thorough financial analyses to estimate potential benefits, costs, and return on investment (ROI) for proposed projects.

- Develop comprehensive benefits realization plans, outlining key milestones, success criteria, and performance metrics.

- Establish processes and systems for tracking and reporting on the progress and actual realization of benefits.

- Monitor projects throughout their lifecycle to ensure that benefits are being realized as planned and make adjustments if necessary.

- Analyze data and metrics to identify trends, opportunities, and potential risks to the achievement of benefits.

- Collaborate with project managers to ensure that benefits realization activities are integrated into project plans.

- Work closely with stakeholders to communicate the importance of benefits realization and their roles in contributing to it.

- Develop and deliver training sessions on benefits realization concepts and methodologies to project teams and stakeholders.

- Implement change management strategies to ensure that employees understand and embrace changes required to realize benefits.

- Provide regular updates and reports to senior management on the status of benefits realization across the organization.

- Recommend process improvements and best practices to enhance benefits realization processes.

- Lead post-project assessments to evaluate the success of benefits realization efforts and identify lessons learned for future projects.

Project Management Skills:

- Proven ability to integrate benefits realization processes into project management methodologies.

- Strong project planning skills to align benefits realization activities with project timelines.

Financial Analysis Skills:

- Proficiency in financial modeling, ROI calculations, Business Case development and cost-benefit analysis.

- Ability to interpret financial data and provide insights to drive informed decision-making.

Change Management Skills:

- Experience in developing change management plans and strategies to drive employee adoption of new processes and behaviors.

Stakeholder Management:

- Effective communication skills to engage stakeholders at various levels and present complex information in a clear and concise manner.