Project Management

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Upcoming Webinars

The Management of Benefits: Opening the Black Box of Benefits and Revealing their Collective Production

Jan 29, 2020 9:00 AM EST (UTC-5)
webinar

In the context of projects, benefits management has recently been attracting the attention of practitioners and researchers alike. Project management practitioners are particularly interested in benefits management to demonstrate the connection between project management and projects benefits. For their part, most researchers aim to explain how to establish this connection, by proposing new conceptual frameworks. Yet, a crucial issue remains under discussed: how benefits management is practiced, in concrete situations, and which challenges practitioners face. Although many organizations are considering adopting formal processes of benefits management, benefits management seems fraught with difficulties when it comes to its deployment and its practice. These challenges have been the focal point of our study, which led us to meet with project management practitioners involved in benefits management in five large-scale organizations.

On-demand Webinars

The Proven and Practical Project Manager Toolkit: Information Mapping, Results Chains, and Benefits Register

by Daniel Sklar
December 17, 2019 | 60:13 | Views: 3,388 | PDUs: 1.00 | Rating: 4.52 / 5

Every project manager should have a proven, practical, and powerful toolkit – of skills, techniques, processes, procedures, tools, and templates – to help a project or program's success. The toolkit should be proven (it works), practical (efficient and adaptable), and powerful (big impact). This webinar focuses on three proven, practical, and powerful tools: Information Mapping, Results Chains, and Benefits Registers.

Nunca Hay Tiempo Para Hacerlo Bien, Pero Si Hay Tiempo Para Hacerlo 2 Veces

by Norma Araceli Rodríguez Cabral
June 27, 2019 | 60:27 | Views: 1,817 | PDUs: 1.00 | Rating: 4.38 / 5

Aprenderá la importancia de definir claramente los requisitos de su necesidad en los proyectos, así como el impacto de no hacerlo, para obtener los productos, servicios o resultados que necesita. Los resultados son "Documentación de requisitos" y "Matriz de trazabilidad de requisitos"

RPI - The Third Musketeer in the Earned Value Framework

by Fernando Arturo Santiago, Kik Piney
May 21, 2019 | 60:17 | Views: 5,441 | PDUs: 1.00 | Rating: 4.30 / 5

This webinar provides an introduction to the extension of the Earned Value Management (EVM) framework to the area of benefits realization management (BRM). The "third musketeer" is a new indicator, Realization Performance Indicator (RPI), which complements the existing CPI and SPI.

Systematic Innovation in Complex Environments

by Kimberly Johnson, Mick Kuehn, Darrell Mann
March 19, 2019 | 61:44 | Views: 7,097 | PDUs: 1.00 | Rating: 4.43 / 5

As the world becomes more inter-connected, it becomes inherently more complex and more prone to tipping into chaos. This phenomenon is not helped by the fact that most individuals do not understand the differences between how complex systems work. A lot of our assumptions are plain wrong when it comes to complexity – we look for root causes when there are none; we adopt command-and-control management strategies when self-organisation is the only viable method; and we fail to recognise that whenever discontinuous change happens, things will get worse before they get better. This webinar offers a crash-course in complex systems theory and provides real-world examples of how enterprises that embrace the complexity are progressively displacing traditional organisations.

Benefits Realization Management – A Model for Projects and Programs

by Kenn Dolan
January 11, 2019 | 60:10 | Views: 7,465 | PDUs: 1.00 | Rating: 4.35 / 5

One of the most difficult, yet important, questions regarding projects is "What advantages will this project create for the investors and key stakeholders?" Projects and programs should be treated as investments. This means that the focus of projects shifts from delivering within the triple constraints (time–cost–quality) towards some of the more fundamental questions: What is the purpose of this investment? What are the specific advantages expected? Are these benefits worth the investment?

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

Total Cost of Ownership/Cost Benefit Analysis Workbook

deliverable
by Dinah Young

This spreadsheet is used to calculate and compare the TCO (total cost of ownership) and CBA (cost benefit analysis) of multiple alternative solutions. This includes costs and benefits for not only the implementation, but also for additional years of maintenance.

Benefits Realization Planning Template (Korean Translation)

PREMIUM deliverable
by Andy Jordan

이 템플릿은 특정 추적 활동 및 측정에 대한 비즈니스 사례를 묶는 것을 목표로합니다. 모든 프로젝트가 객관적 조치를 취하는 것은 아니지만 모든 이니셔티브에 대해 그러한 형태의 이익 실현을 무시하는 것은 허용되지 않습니다. 이 계획은 비즈니스 사례와 동시에 완료되어야하며 여기에서 확인 된 측정 된 총 이익은 비즈니스 사례에서 이루어진 약속과 일치해야합니다.

Business Case Template

PREMIUM deliverable
by Bryan Van Gundy

The goal of this business case template is twofold: Clearly explain the project benefit to decision makers; and provide traceable, measurable and consistent data for benefit realization analysis after project implementation. This template has annotated instructions in blue to explain the intent or recommended use of the information. Organizations can adapt the template to their unique structure.

Learn From Others

Are You Delivering Customer Value?

by Andy Jordan

We all know that agile is about delivering valuable solutions to customers, but is that actually happening in your organization? Do you even know the answer to that question?

Defining Project Quality

by Andy Jordan

As project managers, we know that quality is one of the factors we have to manage in a project. But what does that mean? You likely have an answer, but it’s probably incomplete or inaccurate. That’s not your fault; it’s the way projects are structured and executed today.

2019 CIO Success Guide

by Michael Wood

For 2019, the expectation of the CEO and their leadership team will be that the CIO demonstrates decisive leadership, momentum and innovation that drive value to both the top and bottom lines.

New Practice Guide Addresses Benefits Realization Management

by PMI

BRM practices are not clearly understood, and not used effectively. The new Benefits Realization Management: A Practice Guide will help you drive more successful outcomes and better strategic alignment in your organization.

Project Success Rates: Going Beyond OTOBOS

by Anthony Mersino, PMP, PMI-ACP, CSM, CSP, PSPO

We've measured project success or failure using the triple constraint for years. Reporting on whether the project is on time, on budget and on scope (OTOBOS) has strong appeal. But these measures are out of date and fail to report on what is really important.

Leading Beyond the Iron Triangle (Japanese Translation)

by Byron A. Love, MBA, PgMP, PMP, CISSP

「成功した」プロジェクトの失敗は、経験豊かなPMにショックを与えました。 トリプル制約だけでプロジェクトを管理するだけでは不十分であることが分かります。

Creating and Capturing Value: More than Just Cost Reduction

by Iain Fraser

This article aims to clarify and widen the status quo around value, especially at the enterprise level. It also aims to offer an explanation of value management that goes beyond the notion of value engineering and process-based tools, which seem to “force” an outcome. It introduces a new framework for creating and capturing business value that is integrated and sustainable.

Best Practices in BRM (Part 6): Set Benefits Owners Up For Success

by Michelle MacAdam

The final article in our series addresses setting benefits owners up for success. This is essential because the only value derived from a project comes post-implementation, and the busy people responsible for sustaining the benefits need clear roles and simple procedures. Putting that together allows a last chance to resolve any remaining hiccups.

Why and How You Cancel Projects

by Phil Doyle

Unfortunately, not all projects successfully deliver what they set out to achieve. The harsh reality is that some projects end up being cancelled. In this article, the author explores why some projects should be cancelled, identifying two main categories of cancellation—and how they should be handled.


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