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Upcoming Webinars

Benefits Map: What Is It, Why You Need It, and How You Create It

Nov 16, 2017 11:00 AM EST (UTC-5)
PREMIUM webinar

In the context of benefits management a comment was recently made that a benefit map was the most valuable tool, but is often misunderstood and/or misused. Benefits maps can be the most valuable tool in the benefits management toolkit which can provide a huge amount of value - if done correctly.

On-demand Webinars

Practical Real World Benefits Realization Management

by Jagjivan Matharu
July 13, 2017 | 62:31 | Views: 1,923 | PDUs: 1.00 | Rating: 5.57 / 7

Do you find yourself thinking that this benefits management stuff just seems really complicated and you’re not sure what to do? Then this webinar is for you!

Why do projects fail? Murphy’s law?

by Luis Alberto Caceres Villota
July 11, 2017 | 60:08 | Views: 5,207 | PDUs: 1.00 | Rating: 4.78 / 7

In this culturally rich webinar, the author proposes a new approach to analyze failure in projects: exploring common behavioral issues that leads to failure in management. At the end of this webinar, the attendee will have a clear picture of how behaviors affects the project results, and will visualize the necessary skills to address them.

Coaching for Project Managers: Improving Personal Efficiency

by Luis Alberto Caceres Villota
May 30, 2017 | 61:48 | Views: 4,745 | PDUs: 1.00 | Rating: 5.43 / 7

This webinar brings you coaching concepts that will help to apply these concepts on your life to boost your personal efficiency, helping to align your personal goals, priorities, activities and more. These are important concepts for any professional who wants to improve results, not only in the professional life but in the personal life.

Tips for Improving PMOs Value

by Luis Alberto Caceres Villota
May 03, 2017 | 60:35 | Views: 3,992 | PDUs: 1.00 | Rating: 4.80 / 7

In this webinar, the author applies concepts of strategic planning, change management and soft skills development, to provide a practical approach to increase PMO's value, helping to change perceptions such as "being a process cop", to create a culture where the stakeholders understand the value of the project management and become evangelists of the best practices.

Santa Inc. and Business Benefits Strategic Alignment: Should Santa Use Drones?

by David Davis, Rosemary Hossenlopp
December 08, 2016 | 57:16 | Views: 3,219 | PDUs: 1.00 | Rating: 4.94 / 7

Santa has performed an organizational assessment and is considering new portfolio ideas to move into the 21st century. One of the business case "winners" is drone delivery. Let's consider and evaluate the business benefits associated with this business idea. Shall the elves leap to implement this or is project execution caught in the fog of cloud business hype?

See all Benefits Realization On-demand webinars

Blog Insights

Benefits Realization

by David Davis

This blog will look at the practice of benefits realization and how it applies to both Program Management and the overall Portfolio, Program, Project Methodology (as well as Business Analysis and Organizational Change Management)

Save Time With Tools + Templates

Benefits Realization Planning Template (Japanese Translation)

PREMIUM deliverable
by Andy Jordan

このテンプレートは、ビジネスケースのコミットメントを特定のトラッキングアクティビティおよび指標に結びつけることを目指しています。すべてのプロジェクトが客観的な措置を講ずるわけではありませんが、すべてのイニシアチブのためのそのような形の利益実現を無視することは許されません。この計画は、ビジネスケースと同時に完了されるべきであり、ここで特定された測定された総利益とビジネスケースで行われたコミットメントとが一致する必要があります。

Work Stream Tracking Template

PREMIUM deliverable
by Stephane Parent

Large projects often require tracking by work streams. Work streams are the progressive completion of tasks by a specific group or project team. For example, the work streams for a manufacturing facility may include engineering, drafting, procurement, fabrication, quality control and shipping.

Benefits Validation Tracker

deliverable
by Andy Jordan

This tool tracks progress against proposed benefits for all project benefit metrics. It compares commitments/projections made in business cases with the actual outcomes. If your projects have purely objective metrics and you monitor performance over a fixed time period, you may wish to repurpose this template into Excel to take advantage of the calculation ability. For subjective metrics and/or variable time periods, this Word version provides more flexibility and easier tracking.

Learn From Others

Just an Upgrade? Every Project Has a Benefit

by Heidi Cook

All projects have benefits, even those that are “just an upgrade.” But creating energy and receiving buy-in from the project team is oftentimes much more difficult on smaller initiatives. Here we learn some actionable items that can be used to keep team members engaged and focused on the reasons behind the technical work.

Change Is the Norm

by Andy Jordan

As a portfolio-driven approach to project delivery shifts the focus from outputs to benefits, changes become much more common and the organization needs to also shift from a control-based change management environment to a culture that empowers its project teams to make clearly communicated course corrections along the way.

The Business Case, Product and Process

by Klaus Nielsen, MBA, PMI-ACP, PMI-RMP, PMI-PBA, PMP

We all recognize the importance of benefits realization management. But benefits are identified and derived from the business case. Without a realistic business case, benefits realization management is hardly worth the effort. A development process based upon an iterative model and the use of best practices can increase the quality and trustworthiness of the business case.

How to Assess Benefits Capture Readiness

by Michelle MacAdam

How do you verify when your project output is fit for handover to the business or operations team? This article makes the case for assessing benefits capture readiness as part of your transition preparation strategy, and reveals how to do just that.

Delivering Project Results through Service Management

by Andy Jordan

Project management is becoming increasingly focused on benefits. Can service management make a contribution toward improving benefits performance after the project is finished?

Topic Teasers Vol. 91: Calculating Benefits?

by Barbee Davis, MA, PHR, PMP, PMI-ACP, PMI-PBA

Question: Recently, my job has expanded to include helping management look into the future to calculate the benefits from investing in a project today. I vaguely remember doing these formulas to get my PMP, but to be honest I have not really used them in an actual project planning situation. Other than just the math, how do these figures help me recommend amounts that can and should be invested toward projects?
A. The economic marketplace is so dependent on stakeholder interpretations of the news and political events that it is impossible to try to predict the value of organizational projects in the future. Since 2011, businesses no longer use the present and future monetary calculations in their strategic planning.
B. When choosing projects, the one which will offer the highest return on investment is always the best one to choose. Financial value, even if it is delayed longer into the future, is always the wisest way for an organization to direct its investment dollars.
C. Present Value (PV) and Future Value (FV) can be used to see how much business value a project can provide to the organization in the future. It allows mathematical calculations to pinpoint amounts rather than just predictions of good “growth” or “return.”
D. There are many types of value for a company to consider. Each project can be focused to lead to whichever type of value is most important to the organization, but only one of four portfolio value categories for projects can be met by a single project.
Pick your answer then Test Your Knowledge!

On Program Management: The End of the PMO

by Eric S. Norman

Let’s face it: In the project/program/portfolio management world, delivering real value seems to be the most elusive aspect of any PMO. And because of this, the PMO seems to be one of the first places organizational leaders look to “right-size” or “optimize,” reducing the impact and potential value PMOs might generate for their organizations.

10 Resolutions to Help You and Your PMO in 2017

by Robert Bulger

’Tis the season for New Year’s resolutions. But instead of gym memberships and bucket lists, what about concentrating this year's resolutions on your PMO? Try this list on for size. It's designed to give you and your PMO a successful, prosperous and benefit realized 2017.

Strategic Project Management: New Skills for the Modern-Day PM

by Ajaykumar Kittur

Developing the business acumen to understand and provide the right feedback to senior leadership to pick and choose the right projects that will help achieve the larger strategic objectives is essential for the modern-day PM. Are you ready for the challenge?


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Recent Questions

Topic Originator Last Post Votes Replies
Connections to other PM communities?  Urban Werner  Oct 19, 2017 2:33 AM 
Can't understand why slides from Webinars are not in pdf or PPT  Vincent Guerard  Oct 13, 2017 2:09 AM 
Fear of losing skills  Mirza Mohibulla Baig  Oct 11, 2017 3:27 PM  22 
Project manager in the digital future  Priya Patra  Oct 11, 2017 3:20 PM  17 
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Hi  Rohit Srivastava  Oct 4, 2017 9:13 AM 
Business Case and Investment Analysis Experiences?  Tim Podesta  Oct 1, 2017 11:16 AM 
Change Management Certification?  Stéphane Parent  Sep 26, 2017 12:11 PM  12 
what is the Certified PMP holder Average Salary ?  Zaid AL Dujaili  Sep 15, 2017 11:49 AM  26 
Is anyone using JIRA as well as MS Project to manage collaboration among project team members?  Timothy Griffin  Aug 27, 2017 8:06 AM 
Articles/papers Supporting the use of the PMBOK Framework  David Rovetto  Aug 25, 2017 12:28 AM 
Difference between Scope Management Plan and Requirements Management Plan  Michael Effanga  Aug 22, 2017 3:20 PM  13 
Identifification of business risks to the organization?  Diogo Simoes  Aug 17, 2017 5:30 PM 
Best Practices in Change Management Tracking in Projects  Seif Eldin Soliman  Aug 14, 2017 2:39 PM 
Home automation  Maria Chico  Aug 8, 2017 2:47 PM 
How relevant is PMO in Space programs of NASA, ISRO or other space agencies?  RAJESH K L  Jul 31, 2017 10:27 AM 
Project Management in IT  Jawwad Zaki  Jul 31, 2017 2:10 AM 
How to monitor "real" project performance other than by task completion?  Yves Nzuzi Khuabi  Jul 20, 2017 10:57 AM  12 
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