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Benefits Realization Management For Pmo Practitioners
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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 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 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.
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 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 341 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 Strategic Benefits Realization by : Craig Letavec
Download or read book Strategic Benefits Realization written by Craig Letavec and published by J. Ross Publishing. This book was released on 2014-02-19 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Strategic Benefits Realization never loses focus on the ultimate goal of any organization—to achieve business benefits that endure. Craig Letavec’s common sense approach and practical guidance can be applied throughout the entire benefits realization life cycle to ensure true business value from project investments. Business and project professionals can apply the author’s business-focused techniques immediately—a must read in today’s highly competitive global marketplace.” —Marc Resch, President, Resch Group, and best-selling author This desk reference offers practical guidance for program managers, portfolio managers, and business leaders in the implementation of benefits realization management in organizations. Aligned with global standards, this book extends the knowledge contained in these standards through practical implementation guidance, examples, and additional detail created to assist organizations in implementing benefits realization management as a business practice to support the achievement of strategic business benefits. It also addresses important considerations in organizational change management, providing insights on leveraging key principles to guide successful implementation of the business change required to realize benefits through project and program work. Leveraging benefits realization management at the business portfolio level is covered as well. This book is ideal for organizations beginning to implement benefits realization management and those that wish to mature existing practices. Strategic Benefits Realization provides a practical approach to implementing benefits realization management in organizations that is aligned to PMI’sStandard for Program Management and other global standards, and is presented in the context of program and portfolio management. The guidance offered supports effective governance and execution management to deliver business value.
Book Synopsis The PMOSIG's Program Management Office Handbook by : Craig J. Letavec
Download or read book The PMOSIG's Program Management Office Handbook written by Craig J. Letavec and published by J. Ross Publishing. This book was released on 2011 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook developed by the Project Management Institutes Program Management Office Specific Interest Group (PMOSIG) provides practical guidance to the project Management and PMO community on a variety of topics in the areas of: PMO Strategic and Tactical Management, PMO Governance, PMO Services, PMO Set-up and Execution, and PMO Performance and Maturity. It features insightful contributions from more than 20 subject matter experts, successful practitioners, distinguished authors and thought leaders with a variety of backgrounds and experiences from around the World. The authors include best practices and case studies for successfully aligning PMOs to business objectives, and delivering benefits/ROI, as well as numerous proven tools, templates, policies, procedures, standards, methodologies and processes for successfully developing, and managing PMOs and for expanding their scope of services.
Author :Project Management Institute Publisher :Project Management Institute ISBN 13 :1628251107 Total Pages :177 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 177 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 Sustainability in Project Management by : Mr Adri Köhler
Download or read book Sustainability in Project Management written by Mr Adri Köhler and published by Gower Publishing, Ltd.. This book was released on 2012-09-28 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of sustainability has grown in recognition and importance. The pressure on companies to broaden their reporting and accountability from economic performance for shareholders, to sustainability performance for all stakeholders is leading to a change of mindset in consumer behaviour and corporate policies. How can we develop prosperity without compromising the life and needs of future generations? Sustainability in Project Management explores and identifies the questions surrounding the integration of the concepts of sustainability in projects and project management and provides valuable guidance and insights. Sustainability relates to multiple perspectives, economical, environmental and social, but also to responsibility and accountability and values in terms of ethics, fairness and equality. The authors will inspire project managers to be aware of these considerations, and to apply them to the role they play in projects, not just 'doing things right' but 'doing the right things right'.
Book Synopsis Organizational Project Management by : Ralf Müller
Download or read book Organizational Project Management written by Ralf Müller and published by Edward Elgar Publishing. This book was released on 2019 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This concise text introduces an integrated view of all project management-related activities in an organization, called Organizational Project Management (OPM). Practical cases from several organizations, as well as popular theories such as the Resource-Based Theory and Institutional Theory provide for an insightful yet realistic understanding of OPM as an integrative tool for organizations to improve their efficiency and effectiveness.
Author :Project Management Institute Publisher :Project Management Institute ISBN 13 :1628256206 Total Pages :255 pages Book Rating :4.6/5 (282 download)
Book Synopsis Practice Standard for Work Breakdown Structures - Third Edition by : Project Management Institute
Download or read book Practice Standard for Work Breakdown Structures - Third Edition written by Project Management Institute and published by Project Management Institute. This book was released on 2019-06-27 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Work Breakdown Structure (WBS) serves as a guide for defining work as it relates to a specific project's objectives. This book supplies project managers and team members with direction for the preliminary development and the implementation of the WBS. Consistent with A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition, the WBS Practice Standard presents a standard application of the WBS as a project management tool. Throughout the book, the reader will learn what characteristics constitute a high-quality WBS and discover the substantial benefits of using the WBS in every-day, real-life situations.
Book Synopsis Project Management Lessons Learned by : Mel Bost
Download or read book Project Management Lessons Learned written by Mel Bost and published by CRC Press. This book was released on 2018-06-14 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lessons Learned is an important phase in project management. This is when organizations can pave the way for future project success by documenting mistakes so they are not repeated and recording best practices so they are repeated. This book covers the important role a project management office (PMO) plays in promoting lessons learned. Project managers learn how to improve processes by applying lessons learned. The book emphasizes "actionability," or producing a process improvement that can be acted upon by anyone in the PMO or project team.
Book Synopsis Advanced Project Portfolio Management and the PMO by : Gerald I. Kendall
Download or read book Advanced Project Portfolio Management and the PMO written by Gerald I. Kendall and published by J. Ross Publishing. This book was released on 2003-04-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Project Portfolio Management is a comprehensive book which presents a roadmap for the achievement of high value enterprise strategies and superior project management results. It provides methods for best project selection, faster completion, optimal project portfolio management, and how to explicitly measure the PMO for rapidly increasing project ROI.
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 393 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 Project Management Maturity Model by : J. Kent Crawford
Download or read book Project Management Maturity Model written by J. Kent Crawford and published by CRC Press. This book was released on 2006-07-24 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis The Outcome-Driven Organization by : Linda E Szmyt
Download or read book The Outcome-Driven Organization written by Linda E Szmyt and published by . This book was released on 2021-07-06 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps ahead of their time, Szmyt and Santiago argue that organizations must shift from delivering project scope and the reduction of uncertainty to managing the realization of outcomes and embracing uncertainty. Concrete solutions to sustain performance improvement over time, include: Managing projects as investments and focusing on what really matters: outcomes Creating an outcome-driven culture that underpins an adaptive project portfolio management framework Making decisions based on realistic business cases Applying simple tools and methods to assess the financial value of projects and their contribution to outcomes Linda and Fernando use fiction to present the content with an underlying story, as well as multiple real-life examples. The characters in the book interact through case studies and, yes, the book ends with an unexpected twist. Get this book, and you will run your project portfolio on espresso: rich, robust, and fun, so resources and funding produce strong financial results.
Book Synopsis Project Portfolio Management by : Shan Rajegopal
Download or read book Project Portfolio Management written by Shan Rajegopal and published by Project Portfolio Management. This book was released on 2007-03-19 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many companies and organisations are faced with a portfolio of projects that need to be managed effectively and successfully. This new book by leading practitioners introduces a framework and range of tools to enable the project portfolio to be strategically managed including establishing guidelines, prioritising, aligning projects with strategy, balancing the portfolio and sustaining a change culture through continuous improvement.