In recent posts we looked at Defining a Programme and developing the Business Case in MSP. Once you have defined your Programme and developed the Business Case you can move onto the Managing the Tranches process.
Managing the Tranches is the process that oversees the other two processes of Delivering the Capability and Realising the Benefits.
Managing the Tranches establishes and implements the strategies, procedures and activities that define how the programme will be managed and controlled.
If you would like to learn more about Managing Successful Programmes (MSP), using tranches and other theory, MSP Foundation training may be for you!
What is a Tranche?
A tranche is a portion of something – in this case a group of projects and activities that deliver a step change in capability. During the Managing the Tranches process, after each tranche, End of Tranche reviews can be held to review the benefits in accordance with the business case.
Once the strategies have been implemented, the main function of this process is in monitoring all the programme activity to ensure that things are done correctly to the defined governance.
Below is a diagram showing the major inputs, controls, activities, outputs and responsibilities to Managing the Tranches.
The next diagram represents how the tranches may be arranged, but it is important to note that a programme may run more than one tranche at a time. This will of course increase the complexity and level of risk associated with the programme- but may be necessary in certain types of programmes.