The launch of the Value Academies follows an analysis by SAP of 11,000+ completed case engagements revealing 17 percent of organisations have a formal business case for their IT projects and only 5 percent have plans to realise their full value.
"Corporate scrutiny of new investments is at an all-time high," said Greg Harbor, director Value Engineering, SAP A/NZ.
"Delivering projects on time and on budget is not enough anymore. Companies must focus on a third dimension: value.
Harbor said projects are managed as a portfolio of initiatives competing for the same funds and projects with the highest value and lowest risk get funded first.
"Few companies adopt this simple best practice. But it must become the rule, not the exception. Uncertain times present opportunities for businesses willing to invest," he said.
"But if you're spending money in times like these you must be certain it delivers a tangible return.
"The SAP Value Academy provides customers with the skills and the methodology to enable them to realise the value of their systems projects. The methodology complements SAP's Value Engineering service that identifies and quantifies value up front."
The workshops extend SAP's existing Value Engineering service that quantifies, in dollars, the value to a company of a proposed business systems project.
The first Value Academy will be in Brisbane on 8-9 September, specifically for public sector organisations.
This will be followed by a Value Academy in Melbourne in October.
SAP A/NZ piloted two Value Academies earlier this year - one in late March in Sydney focused on a mix of private and public organisations and another in May, which focused specifically on Public Sector departments and agencies, held in Canberra.
The Sydney Value Academy session brought together a variety of senior business and IT professionals from seven different organisations.