Fundamentals of benefit realization

Fundamentals of benefit realization PDF Author: Gerald Bradley
Publisher: The Stationery Office
ISBN: 9780113312597
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
This title provides a practical guide to benefit realization for all those who are responsible for change - Directors, Senior Responsible Owners (SROs), Programme Managers, Change Managers, Project Managers, Benefit Facilitators, P3O, PMO and PSO Managers. It shows how the author's proven approach to Benefits Realization Management (BRM) can be applied to programmes running under Managing Successful Programmes (MSP)

Benefits Realization Management

Benefits Realization Management PDF Author: Carlos Eduardo Martins Serra
Publisher: CRC Press
ISBN: 1315352338
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
Benefits realization management (BRM) is a key part of governance, because it supports the strategic creation of value and provides the correct level of prioritization and executive support to the correct initiatives. Because of its relevance to the governance process, BRM has a strong influence over project success and is a link between strategic planning and strategy execution. This book guides portfolio, program, and project managers through the process of benefits realization management so they can maximize business value. It discusses why and how programs and projects are expected to enable value creation, and it explains the role of BRM in value creation. The book provides a flexible framework for: Translating business strategy drivers into expected benefits and explains the subsequent composition of a program and project portfolio that can realize expected benefits Planning the benefits realization expected from programs and projects and then making it happen Keeping programs and projects on track Reviewing and evaluating the benefits achieved or expected against the original baselines and the current expectations. To help project, program, and portfolio managers on their BRM journey, as well as to support business managers in executing business strategies, the book identifies key organizational responsibilities and roles involved in BRM practices, and it provides a simple reference that can be mapped against any organizational structure. A detailed and comprehensive case study illustrates each phase of the BRM framework as it links business strategy to project work, benefits, and business value. Each chapter ends with a series questions that provide a BRM self-assessment. The book concludes with a set of templates and detailed instructions to ensure successful deployment of BRM.

Benefit Realisation Management

Benefit Realisation Management PDF Author: Gerald Bradley
Publisher: CRC Press
ISBN: 1317175182
Category : Business & Economics
Languages : en
Pages : 393

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Book Description
The first edition of Gerald Bradley's Benefit Realisation Management quickly established itself as the definitive, practical guide to using measures to track performance throughout the life of a project or programme; enabling organisations to eliminate wasted investment, realise more benefits and realise them earlier. The second edition takes you step-by-step through the benefits realisation process, explaining along the way, how to: * define your projects and programmes by mapping the benefits * produce a convincing and accurate business case * communicate the benefits and get all your stakeholders on board * agree the measures you will use to encourage the desired behaviours, to monitor progress and to assess the ultimate success of the project or programme * use the benefits realisation approach to understand and address the human aspects of the project, including resistance to change, training needs and new ways of working * integrate this approach into your organisation's culture and systems The second edition includes expanded guidance on benefits realisation for portfolio management and includes revisions to the original text along with additional case study examples. The text of the latest edition is now printed in four-colour which make the detailed and varied benefit maps throughout the text immediately more striking and comprehensible. The benefits realisation management methodology fits closely with existing programme and project management approaches such as MSP and Prince 2, making it appropriate for both public and private sector environments. If you are investing heavily in change management, IT infrastructure or project working, then this book is a must-read that will justify its price many times over.

Benefits Realization Management: A Practice Guide

Benefits Realization Management: A Practice Guide PDF Author:
Publisher: Project Management Institute
ISBN: 1628254815
Category : Business & Economics
Languages : en
Pages : 133

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Book Description
Benefits realization is the common thread that runs from organizational strategy through project deliverables that contribute benefits. Yet, according to PMI's 2018 Pulse of the Profession Report: Success in Disruptive Times, only one in three organizations report high benefits realization maturity. This practice guide provides a comprehensive look at the topic of benefits realization in of portfolio, program, and project management. It will help readers tackle this important topic and drive more successful outcomes and better strategic alignment in your organization. Inside this practice guide readers will find: standardized definitions for benefits realization, benefits realization management and associated benefits realization terms; the core principles of benefits realization; the benefits realization management life cycle from organizational mission, vision, and strategy through project deliverables and success measurement, and how it contributes to the expected benefits and value that the organization intends to realize; and a framework and guidance to help practitioners manage benefits realization in organizational project management and portfolio, program, and project management. As with all PMI standards and publications, this practice guide also aligns with our other standards including: A Guide to the Project Management Body of Knowledge (PMBOK Guide)®—Sixth Edition; The Standard for Program Management—Fourth Edition; and The Standard for Portfolio Management—Fourth Edition.

Managing Benefits

Managing Benefits PDF Author: Steve Jenner
Publisher:
ISBN: 9780117082519
Category : Capital investments
Languages : en
Pages : 271

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Book Description
Projects and programmes should achieve a return on the investment made by the owner or sponsor. This return is now thought of as the benefits that accrue from the investment: some financial, others perhaps harder to define, but nonetheless just as important in justifying the investment. Making sure that they are realised, and that unanticipated benefits are maximised, is as important as the initial justification, and without that many projects have earned a bad name for project management. This publication provides comprehensive guidance on how to manage delivery of the benefits used to justify investment in change. It provides guidance for all involved in successful change delivery from senior responsible owners and directors through to portfolio, programme and project managers. The guidance is the source material for an accredited qualification from APMG-International

Benefits Management

Benefits Management PDF Author: John Ward
Publisher: John Wiley & Sons
ISBN: 1118381602
Category : Business & Economics
Languages : en
Pages : 373

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Book Description
The second edition of Benefits Management has been updated with current examples, further insights from experience and recent research. It shows how the enduring challenges achieving business value from information systems and technology projects can be addressed successfully. The approach, which is synthesized from best practices, sound theories and proven techniques from a range of management disciplines, is exemplified from the authors' extensive experience of working with a wide range of organizations. The book includes examples from a wide variety of projects including non-IT projects. The book is written in an accessible style, ideal for practicing managers, and includes check lists and templates for using the processes, tools and techniques and real-life case studies of their application and impacts. The book now also includes: International survey results that reinforce the importance of the topic, the key management issues and evidence of how the more successful organizations' practices are closely aligned with those described in the book. A Benefits Management Maturity diagnostic which enables organizations to understand the reasons for their current investment success levels and then how to increase them. Discussion of the role and contribution Project Management Offices (PMOs): how they can improve the delivery of value IT projects. Further practical advice and guidance on Program and Portfolio Management, including findings from the authors’ recent research in several large organizations.

Program Management

Program Management PDF Author: Michel Thiry
Publisher: Gower Publishing, Ltd.
ISBN: 1409458822
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Based on practical applications of Program Management in different countries, as well as the leading standards, this book reflects the most recent developments in the area. It offers an understanding of program management's connection to business strategy and value realisation, beyond multiple-project management. Additionally it emphasizes the need for program specific processes, based on an iterative life cycle and the management of multiple stakeholders and their expected benefits. The book is grounded in a robust theoretical framework, complemented by a number of case studies.

Benefits Realization Management for PMO Practitioners

Benefits Realization Management for PMO Practitioners PDF Author: Carlos Eduardo Martins Serra
Publisher:
ISBN:
Category :
Languages : en
Pages : 154

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Book Description
In the recent years, Benefits Realization Management (BRM) has been increasingly applied and valued by organizations all around the world. In this scenario, there is a recognition that project, program and portfolio management office (PMO) functions could in many cases take some additional responsibilities that could significantly strengthen their contribution to the effectiveness of the BRM process.This guide provides an easy-to-follow three-step process that groups BRM practices into fifteen areas of activity and will enable PMO practitioners to assume a pivotal role in the benefits realization management process and consequently in the creation of strategic value to their organizations through successful projects, programs, and portfolio.The book splits 90 activity categories into the following 15 activity areas that are divided across 3 steps: Preparing, Planning, and Delivering. - Appraisal (business case)- Definition- Evaluation (post-project review)- Framework- Identification- Managing risks- Mapping- Metrics catalogue- Realisation Plan- Reporting- Reviewing- Reviewing Lessons learned- Strategic Alignment- Tracking- Training and advising

Project Management Maturity Model

Project Management Maturity Model PDF Author: J. Kent Crawford
Publisher: CRC Press
ISBN: 0849379466
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
Assisting organizations in improving their project management processes, the Project Management Maturity Model defines the industry standard for measuring project management maturity.Project Management Maturity Model, Second Edition provides a roadmap showing organizations how to move to higher levels of organizational behavior, improving

The Standard for Risk Management in Portfolios, Programs, and Projects

The Standard for Risk Management in Portfolios, Programs, and Projects PDF Author: Project Management Institute
Publisher: Project Management Institute
ISBN: 1628255668
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
This is an update and expansion upon PMI's popular reference, The Practice Standard for Project Risk Management. Risk Management addresses the fact that certain events or conditions may occur with impacts on project, program, and portfolio objectives. This standard will: identify the core principles for risk management; describe the fundamentals of risk management and the environment within which it is carried out; define the risk management life cycle; and apply risk management principles to the portfolio, program, and project domains within the context of an enterprise risk management approach It is primarily written for portfolio, program, and project managers, but is a useful tool for leaders and business consumers of risk management, and other stakeholders.