Having skimmed over the new BRM practice guide from PMI, I thought it might be interesting to start a discussion thread on the blockers to realizing benefits from projects.
So when you think about your current client or organization, what is the biggest impediment to realizing benefits from projects?
For example, is it one or more of the following?
a) Lack of formal project justification via a business case or similar artifact
b) Benefits are not objectively identified in the business case
c) No one takes ownership for tracking & monitoring benefit realization during and after the project
d) There is no consequence for a business owner not realizing the benefits
e) Project delivery itself is poor so the outputs of projects rarely are delivered within expected constraints
What other causes might there be? Saving Changes...
Some examples of effective blockers to realizing benefits from projects in the organization are as follows:
- When the benefits stated in the business case are unclear, diffuse and out of step with the organization strategy;
- When there’s a lack of engagement to measure the project benefits stated in the business case in a continuous manner;
- Nobody in the Organization is accountable for achieving the project benefits as per the business case, or those benefits are not being tracked and none corrective actions are being taken when failure to realize the stated project benefits occurs, for example due to the sudden loss of relevance of the project deliverables. Saving Changes...