Control: 2.S.7.N Opportunity Re-Framed
Title | Description |
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Context |
During the ASSESS phase, the frame of the opportunity often changes. Therefore, opportunities are re-framed at the beginning of the select phase taking into account the insights from and material changes that occurred during the previous phase. The full business case value may not be met, when the business and technical functions are misaligned on the updated opportunity frame. Commercial and development teams need to be aligned with the frame and how value will be generated by the opportunity with the required Greenhouse Gas performance. This control is needed to ensure that the opportunity framing creates alignment and clarity between the Decision Executive (DE), opportunity leadership and team on the business context, resulting in a solution that meets the business needs. |
Activity |
Create an opportunity frame that is understood and accepted by the entire opportunity/project team in order to confirm alignment and clarity on (i) the Opportunity statement or the purpose and scope of the opportunity, (ii) the value drivers and targets including how value will be created while meeting the necessary Greenhouse Gas performance, (iii) Givens and Assumptions, (iv) Decision hierarchy, (v) High level roadmap, (vi) Risks and uncertainties, (vii) Stakeholder mapping, (viii) Short term action plans. |
Purpose |
Clarity and alignment on the opportunity frame helps the team to develop solutions and support decision quality making based on feasibility and selection criteria that are in line with the business needs and value drivers including Greenhouse Gas. |
Requirements from other Standards |
All opportunities in any Opportunity Realisation Process (ORP) phase must go through opportunity framing at the start of each phase. |
Evidence recorded in | Project Premises Document |
Accountability for meeting Control Intent | Front End Development Manager |
Phase | Select |