A robust Benefits Realization Management (BRM) focus starts with crafting benefits statements that speak to why project-based results are needed. This article suggests ways of constructing useful statements and provides a framework for you to engage benefit statements in a thoughtful way in your business setting.
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With more businesses having both predictive and iterative projects on the go, PMOs need to flex their core functions to support agile ways of working. Here are three areas for PMOs to focus on when supporting multiple delivery methods.
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?
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.
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.
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.
Sometimes good projects can fail or stagnate. Introducing the risk of change to a project can revitalize it for success. This article will focus on the 10 steps that should be taken to successfully reboot a project and ensure optimal performance and deliverables.
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 But these measures are out of date and fail to report on what is really important.
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.
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.