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12 items found

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Benefits Realization and the PMO

by Andy Jordan

Benefits realization occurs once the project is complete, and so there is limited PM accountability. But what about the PMO? Does it have a role to play in ensuring benefits realization occurs effectively?

Benefits Realization: Something to Think About

by Michael Wood

If you believe pursuing projects that align with the organization’s goals and objectives is a good thing--projects that deliver value greater than their cost, and that are focused on creating a path for the organization to achieve a predefined set of outcomes--then you should know about benefits realization management.

Benefits Realization: The Agile Way

by Kevin Aguanno, CSPM (IPMA-B), Cert.APM, PMP, PMI-ACP, CSM, CSP, FPMAC, FAPM

Agile encourages project teams to work with the sponsor to understand the greater context surrounding the project. With this broader understanding, the team can look for ways of structuring the project to improve the chances that the business will actually achieve the business case benefits.

Best Practices in BRM (Part 2): Relate Deliverables Directly to Strategy

by Michelle MacAdam

This is the second of six articles on best practices in benefits realization management and its integration into project governance. In the BRM discipline, projects and programs are aligned with strategic objectives to generate verifiable value. This happens through three stages: benefits identification, benefits realization and benefits sustainment.

Best Practices in BRM (Part 3): Justify Funding on Strategic Value

by Michelle MacAdam

This is the third of six articles on best practices in benefits realization management and its integration into project governance. Here we address justifying project funding and resourcing on strategic value. This helps organizations demonstrate accountability, shows that the executive leadership team is walking its talk, and keeps the focus on initiatives that offer the greatest value.

Best Practices in BRM (Part 5): Create Benefits Realization Strategies

by Michelle MacAdam

This is the fifth of six articles on best practices in benefits realization management and its integration into project governance. Here we address creating benefits realization strategies. This helps ensure clarity around post-implementation roles, engages impacted functions by involving them in determining monitoring strategies, and facilitates post-implementation monitoring and review processes.

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.

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