Which of the following statements is true regarding the Value Determination delivered during the Project Preparation Phase?
Value Determination is part of the work stream 'Integrated Solution Management' as its main purpose is to ensure the integration between the targeted project benefits and the defined To-Be processes and system solution.
Value determination focuses upon developing a Value Map for the project that mandatorily requires as input the results from the As-Is Analysis, the Business Case and the Collaborative Value Assessment
During Value determination a Value Map is drafted for the project that associates business pain points, key process changes, and performance indicators to measure success and to recap and include the results of Business Case and/or Collaborative Value Assessment
Value determination finalizes the Value Map for the project associating business pain points, key process changes, and performance indicators to measure success; all being the starting point to develop the Business Case during the Business Blueprint Phase.
In the ASAP Methodology Value determination is the term used instead of Business Case as most companies normally have no completed picture of their goals and targets with SAP implementation projects prior to starting the project and the project team needs to work on this topic and develops the final economic and organizational motivation.
What should you take into consideration when planning for Value Audits?
(More than one answer is correct. Please choose the correct answers.)
Assure that Value Audits are conducted for all areas of the Business Solution Design where KPI&PPI baseline and targets are decided
Drive and follow up the implementation of defined Value Enablers
Assure that the Value Audits are part of the Business Scenario for Governance Risk & Compliance
Cross-check the communication of the defined Value Enablers within the deliverables 'Role Mapping', 'Sounding Boards' and 'Communication Activities' of the Organisational Change Management Work Stream
Consult the SAP Delivery Manager before taking actions regarding Value Audits
What is the purpose of Value Management in the Project Preparation phase?
To split and distribute the value of the business case over the project phases.
To review results from existing Business Case or Collaborative Value Assessment and start building a Value Map and defining financial KPIs, Value Drivers, and Enablers
To map the work of the different work streams with defined value enablers.
To increase the level of detail of the Value Map relating to the key business process changes in scope of the project.
To determine which consultant will provide the most bang for the buck in the implementation project.
Why are Value Audits important?
They help to identify critical bottle neck processes within the project.
They provide guidance when executing milestone related billing for the project.
They help determine the performance of the project's Value Manager.
They provide tracking of critical Value Management aspects of the implementation to ensure they are executed according to plan.
They are optional key deliverables according to the project quality gate and should be neglected.
What are the inputs needed for the Value Realisation deliverable?
Statement of Work
High Level to-be process design
Project Governance Structure
The KPIs and PPIs for all processes
As-Is analysis including process pain points and process weaknesses