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Benefits Realisation
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Book Synopsis Benefits Realization Management: A Practice Guide by :
Download or read book Benefits Realization Management: A Practice Guide written by and published by Project Management Institute. This book was released on 2019-01-22 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Project Management by : Ofer Zwikael
Download or read book Project Management written by Ofer Zwikael and published by Springer. This book was released on 2019-03-19 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of 2020 PMI David I. Cleland Project Management Literature Award This book is a complete project management toolkit for project leaders in business, research and industry. Projects are approved and financed to generate benefits. Project Management: A Benefit Realisation Approach proposes a complete framework that supports this objective – from project selection and definition, through execution, and beyond implementation of deliverables until benefits are secured. The book is the first to explain the creation of organisational value by suggesting a complete, internally-consistent and theoretically rigorous benefit-focused project management methodology, supported with an analytical technique: benefit engineering. Benefit engineering offers a practical approach to the design and maintenance of an organisation’s project portfolio. Building upon the authors’ earlier successful book, Project Management for the Creation of Organisational Value, this comprehensively revised and expanded new book contains the addition of new chapters on project realisation. The book offers a rigorous explanation of how benefits emerge from a project. This approach is developed and strengthened — resulting in a completely client-oriented view of a project. Senior executives, practitioners, students and academics will find in this book a comprehensive guide to the conduct of projects, which includes robust models, a set of consistent principles, an integrated glossary, enabling tools, illustrative examples and case studies.
Book Synopsis Benefit Realisation Management by : Gerald Bradley
Download or read book Benefit Realisation Management written by Gerald Bradley and published by CRC Press. This book was released on 2016-04-08 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Benefits Realisation by : Rasmus Rytter
Download or read book Benefits Realisation written by Rasmus Rytter and published by John Wiley & Sons. This book was released on 2022-04-25 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Realise the full benefits potential from your change projects For most managers in steering committees of PMOs (Project Management Office) most projects are costly in both time and money, and they often only reach a fraction of the expected benefits. In Benefits Realisation: The Change-Driven Approach to Project Success, renowned benefits realisation expert, speaker, and consultant Rasmus Rytter introduces a new approach to change projects where benefits realisation defines the design of the project and how it’s led. Once the project’s benefits have been defined, the key question for the project to answer is: ‘How might we help our colleagues change their behaviour? Thus, identifying behavioural change as the key driver of benefit realisation. Step by step, the book guides you on how to approach both benefit realisation and behavioural change, as well as explain how it builds on the project and portfolio practices (or SAFe (Scaled Agile Framework)) you are already using. Benefits Realisation also offers: Elaborate real-life case studies and examples that show the application of the new approach to benefits realisation and change on different projects Easy to use posters, playbooks, and facilitation guides for the most important activities and workshops Effective strategies for using benefits realisation to minimise project cost Compelling possibilities for executives to make far better strategic prioritization decisions based on credible data for project benefits and the real cost of change Perfect for project managers, change managers, PMO professionals, and managers using agile frameworks, Benefits Realisation will also earn a place in the libraries of executives and other business leaders at all levels of your organisation.
Book Synopsis Unleashing the Power of Benefits Realisation Management by : Charles Crawford
Download or read book Unleashing the Power of Benefits Realisation Management written by Charles Crawford and published by Enlighten Publications. This book was released on 2023-11-24 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Unleashing the Power of Benefits Realisation Management: Maximising Returns on Projects and Change Initiatives" is your comprehensive guide to unlocking the full potential of your organisational initiatives. In this book, you'll embark on a transformative journey into the world of benefits realisation management (BRM) and gain invaluable insights into the powerful tools and techniques that drive its success. In today's dynamic and competitive business landscape, the ability to effectively navigate the complexities of project and initiative implementation is crucial. This book equips you with the knowledge, strategies, and practical insights needed to maximise the value of your organisational initiatives and realise their promised benefits. With a solid foundation in understanding benefits realisation management, you'll dive deep into the core tools and techniques that underpin BRM. From stakeholder analysis and management to risk management and change management, each topic is explored in detail, providing you with a wealth of practical knowledge and guidance. Discover how to foster meaningful relationships with key stakeholders and engage them effectively to ensure their support and alignment with project objectives. Learn how to identify, assess, and mitigate risks that may impede benefits realisation, safeguarding the success of your initiatives. Master the art of change management, leading and managing organisational change to optimise benefits realisation and ensure smooth transitions. Harness the power of monitoring and evaluation tools, enabling you to gain valuable insights into project progress and make data-driven decisions for course corrections and adjustments. Dive into the realm of project management software and learn how these tools can streamline and elevate your BRM processes, enhancing efficiency and effectiveness. Recognising the critical role of governance, this book sheds light on establishing robust governance structures and processes to guide and oversee benefits realisation efforts. You'll also explore the human factor in BRM, understanding the influence of individuals and teams in driving successful benefits realisation, and uncovering the core competencies required for BRM success. This book doesn't stop there. It delves into essential topics such as business process modelling, data analysis tools, benefits dependency mapping, benefits profiling, and the development of key performance indicators (KPIs). Furthermore, it addresses the challenges of benefits sustainment, training you to maintain and optimise benefits over the long term. Ethics and compliance find their rightful place in this comprehensive guide, emphasising the significance of ethical practices and compliance in fostering trust and integrity in benefits realisation efforts. Finally, gain valuable insights into emerging trends and developments that will shape the future of benefits realisation management. Whether you're a seasoned benefits manager, a project professional, or new to the world of BRM, "Unleashing the Power of Benefits Realisation Management" provides you with a comprehensive toolkit to drive successful benefits realisation and deliver tangible value to your organisation. By embracing the tools and techniques discussed in this book, you'll position yourself as a catalyst for transformative change and drive exceptional outcomes. Embrace the power of benefits realisation management and embark on a journey towards maximising the value of your organisational initiatives. Get your copy of "Unleashing the Power of Benefits Realisation Management: Maximising Returns on Projects and Change Initiatives" today and unlock the full potential of your benefits realisation efforts.
Download or read book Managing Benefits written by Steve Jenner and published by . This book was released on 2014-09-29 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Benefit Realisation Management by : Gerald Bradley
Download or read book Benefit Realisation Management written by Gerald Bradley and published by CRC Press. This book was released on 2016-04-08 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Benefits Realization Management by : Carlos Eduardo Martins Serra
Download or read book Benefits Realization Management written by Carlos Eduardo Martins Serra and published by CRC Press. This book was released on 2016-10-14 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :Great Britain. Office of Government Commerce Publisher :The Stationery Office ISBN 13 :9780113309177 Total Pages :176 pages Book Rating :4.3/5 (91 download)
Book Synopsis Managing Successful Programmes by : Great Britain. Office of Government Commerce
Download or read book Managing Successful Programmes written by Great Britain. Office of Government Commerce and published by The Stationery Office. This book was released on 2003 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Programme management is becoming an increasingly important aspect of managing business change, whether within parts of an organisation, across the whole organisation or involving a group of organisations. The drivers for change may be internal, such as improving the quality of products, or external, such as new government policy. The second edition of this publication describes the OGC's approach for managing change effectively, based upon best practice experience within government and across the private sector. It provides an overview of the programme management framework, and considers key principles including leadership, benefits management, stakeholder management and communication, risk management, programme planning and control, business case management and quality management issues. It then goes on to discuss the programme management lifecycle including the identification and detailed definition of the programme, managing the project portfolio, delivery and realisation of measurable business benefits and the close-down of the programme and its infrastructure.
Book Synopsis Project Benefit Realisation and Project Management by : Raymond C. Young
Download or read book Project Benefit Realisation and Project Management written by Raymond C. Young and published by John Wiley & Sons. This book was released on 2021-09-20 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: PROJECT BENEFIT REALISATION AND PROJECT MANAGEMENT Dispels the confusion between project management success and project success, showing how project sponsors can govern their projects to succeed in delivering the strategic benefits originally envisaged Project management success does not automatically lead to project success. Many large projects fail to live up to expectations, with between half and two-thirds of large projects either failing to deliver or delivering few strategic benefits. Traditional project management resources focus on delivering a project on time and on budget, yet they fail to supply top managers, many of whom find themselves in the role of accidental project sponsors, with guidance on how to govern their projects to succeed. Project Benefit Realisation and Project Management: The 6Q Governance Approach bridges the strategy to performance gap by providing boards, senior managers and project sponsors with the six critical questions necessary to diagnose the health of any project. Presenting a systematic framework developed from research cases of successful and unsuccessful projects in various types of organisations, this practical guide enables those in top management to determine if their strategy or policy is on track and to assess whether a project is likely to deliver the expected benefits. The text features real-world examples illustrating how concepts can be applied to different types of projects in engineering, construction, information technology, business transformation and many others. This must-have guide is designed to help top managers and other stakeholders: Clarify the link between business outcomes, benefits, and strategy to evaluate where effort should be directed Assess how much behavioural change is required to effectively implement strategy and realise desired benefits Select a project sponsor committed to influencing key stakeholders to make necessary changes and intercede to resolve issues as they arise Establish how success will be measured before a project begins, to gauge sponsor commitment and ensure project goals are not changed to match whatever is achieved Ask if the right culture is in place to ensure all relevant information is being reported Determine teams’ ability to adapt and change plans in response to issues arising in the project Monitor if the project is on track to realising the benefits and have a process in place to cancel failing projects Project Benefit Realisation and Project Management: The 6Q Governance Approach is an indispensable volume for board members, project sponsors, project advisors and those in senior positions who find themselves in the role of accidental project sponsors.
Download or read book Benefits Management written by John Ward and published by John Wiley & Sons. This book was released on 2012-07-18 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :Project Management Institute Publisher :Project Management Institute ISBN 13 :1628251107 Total Pages :122 pages Book Rating :4.6/5 (282 download)
Book Synopsis Governance of Portfolios, Programs, and Projects by : Project Management Institute
Download or read book Governance of Portfolios, Programs, and Projects written by Project Management Institute and published by Project Management Institute. This book was released on 2016-01-01 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding governance as it applies to portfolios, programs, and projects is growing in importance to organizations, because appropriate governance is a factor in the success or failure of strategic initiatives and portfolios, as well as an organization’s programs and projects. Implementing an effective governance framework can be challenging due to factors such as increasing business complexities, regulatory requirements, globalization, and rapid changes in technology and business environments. Many organizations do not have a consistent approach to portfolio, program, and project governance. PMI’s Governance of Portfolios, Programs, and Projects: A Practice Guide, developed by leading experts in the field, provides guidance to organizations and practitioners on how to implement or enhance governance on portfolios, programs, and projects. This practice guide provides definitions for governance in an effort to distinguish the different levels of governance and to identify their common elements.
Book Synopsis Program Management by : Michel Thiry
Download or read book Program Management written by Michel Thiry and published by Ashgate Publishing, Ltd.. This book was released on 2015-12-28 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Program management (PgM) is fast developing as the essential link between strategy and projects and as a vehicle for organizational change. It offers the means to manage groups of projects with a common business purpose in an integrated and effective way. The Second Edition of Michel Thiry’s Program Management builds on the bestselling title first published in 2010. The heavily revised text reflects the latest program management guides and international standards and includes: a new section on agile management in programs; the author’s own program management maturity measure; a new section on change management, which is now integral to many programs. Michel has also reviewed and revised the program lifecycle to align with the more unified view of program management that has emerged since the book was first published. The result is an essential guide to program management that incorporates a robust theoretical framework, complemented by examples and advice from one of the world’s leading practitioners. .
Book Synopsis Information Technology Evaluation Methods and Management by : Wim Van Grembergen
Download or read book Information Technology Evaluation Methods and Management written by Wim Van Grembergen and published by IGI Global. This book was released on 2001-01-01 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evaluation of IT and its business value are the subject of many academic and business discussions. Investments in IT are growing extensively, and business managers worry about the fact that the benefits might not be as high as expected. This phenomenon is often called the IT investment paradox or the IT Black Hole: large sums are invested in IT that seem to be swallowed by a large black hole without rendering many returns. How to measure the benefits of IT is the concern of this book titled Information Technology Evaluation Methods and Management. The different IT evaluation approaches and methods are discussed and illustrated with cases: traditional financial evaluations such as the return on investment, information economics and the recently introduced IT Balanced Scorecard. The latter approach is proposed as an ideal mechanism to support the IT/business alignment process and its related IT governance process. Among some of the topics included in this book are: software measurement; ERP project evaluation; strategic electronic commerce evaluation.
Book Synopsis Fundamentals of benefit realization by : Gerald Bradley
Download or read book Fundamentals of benefit realization written by Gerald Bradley and published by The Stationery Office. This book was released on 2010-09-30 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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)
Book Synopsis Benefits Realization Management for PMO Practitioners by : Carlos Eduardo Martins Serra
Download or read book Benefits Realization Management for PMO Practitioners written by Carlos Eduardo Martins Serra and published by . This book was released on 2020-10-25 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Change Management in I. T. by : Andreas Sofroniou
Download or read book Change Management in I. T. written by Andreas Sofroniou and published by Lulu.com. This book was released on 2009-04-15 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Change Management and the changes to Configuration, Release, and Assets as a whole group of I.T. activities have traditionally been concerned with finding effective solutions to specific operational problems. Substantial effort has been devoted in recommending a rational methodology for the management of change. This book, therefore, has been addressing the willingness to change procedures suitable to the way people are willing to work and with processes that they are familiar with. It deals with current problems and new, better methods, techniques, and tools for processing changes. Change Management personnel have gradually come to realise that their tasks should include the solution of specific problems, and the designing of systems that predict and prevent future problems.
