Value Agreements™

See all the value expected from a change so you can make informed decisions.

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Launch

Build agreement

Build a shared view of impact in minutes, so your team can save hours.

Simplify approvals

Understand the returns from change in a glance.

Share far and wide

Increase visibility so the impact of a change can be accurately understood.

Build agreement

Be consistent: Choose existing benefits and measures to decide if applicable or not.

Be clear: Automatically uses existing descriptions from benefits and measures.

Use time: Choose Stages to show a timeline of when changes are expected, add new or reuse existing.

Make it easy: Select the level of impact from standard choices from None to Very High.

Capture what matters: Fill in a short summary of the expected impact, adding values and descriptions.

Decide quickly

Use a simple table: Easy to understand the scope and scale of impact with little explanation needed.

Make it scannable: Colour-coded levels of impact help decision-makers instantly understand the areas of highest return.

Make it relevant: Automatically filter out benefits and measures not affected to cut out the noise.

Make it strategic: Automatically show goals impacted, showing strategic context to boost strategic prioritisation.

Timeline view: See when value starts to be delivered, and then finally experienced to understand if fast enough.

Align understanding

Set timescale expectations: Share with business cases and plans so it is clear when ‘bangs for the buck’ are forecast.

Secure commitment to deliver: See the impact expected clearly explained so it can be agreed on and committed to.

Build accountability: Give visibility to what impact sponsors, managers, and suppliers need to take ownership of.

Support changes: Track changes centrally with updated versions that reflect the latest decisions and notes.

Select the right format for sharing: Choose portrait or landscape versions to make even the largest number of benefits and measures easy to understand.

Put it all together

Value agreements are just the start. Use them with Wovex’s benefits realisation features to get greater value for less effort.

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Maps

Maps

Connect your goals and initiatives that enable them so decision-makers can be confident in value delivery.

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Workspaces

Your mission control centre to manage connected initiatives, benefits and measures and collaborate across teams.

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Items

Standardise your team’s knowledge base with ready-made information for benefits, measures, and more.

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Still have questions? We have answers.

Which Wovex plans include Value Agreements?

Value agreements are available for all Wovex plans. They use goals, benefits and measures from your Workspace. However, some add-ons include more advanced configuration functions, for example, changing the categories and colours used for the different levels of impact. Learn about pricing, or try Wovex Clarity Plus for free. Contact us to try for free without a credit card.

How can I best use Value Agreements?

Value agreements can be used at the start of developing a business case, proposal, contract, requirement or defining a project, programme, or portfolio. They help agree on what benefits are important, and more specifically, changes in measures are expected. You don’t have to track these measures or share values – add as little or as much detail as you want.

Use Value Agreements then to gain agreement to what is needed, and to the impact of changes over time that may be agreed. Customers have also used them to review contracts and added references to clauses in contracts.

Value Agreements are a simple and flexible tool for you to use across your organisation.

What are Stages?

Stages represent periods at the end of which certain benefits and changes are expected. You may use phases, tranches, milestones, or other names more commonly instead.

They are used in Value Agreements to provide a timeline for when benefits and measured changes are expected, allowing for agreement and management of expectations.

You can share the same Stage names multiple times or create unique ones for your project etc.