Since I first heard about project management, which was over a couple of decades ago, I know of organizations establishing project, program and portfolio offices to support their change initiatives in various ways. Many times, these functions were very bureaucratic and therefore seem by both project teams and project stakeholders just as a hurdle to …
The role of the PMO in the benefits realization process Read More »
My book has finally been released. That is quite exciting! Benefits Realization Management: Strategic Value from Portfolios, Programs, and Projects is the result of around five years of work. It started as part of my award winning research on the subject at the University of Warwick. After the conclusion of my research, it has gradually …
Introduction – context for benefits realisation Over the last few decades, organisations have gradually developed a general understanding that all projects are investments (mainly in organisational change) and consequently the potential realisation of expected/desired benefits have been increasingly recognised as the main driver for organisations in making their investment decisions. Therefore, from an investment perspective, …
Benefits realisation management and strategy execution Read More »
When in high school I first heard about a cost-benefit analysis, it made a lot of sense to me that every investment (i.e. cost) made by a person or organization is expected to generate some type of return (i.e. benefit). That was probably the first time when I understood benefits in a logical and mathematical …
I recently experienced an award-winning project manager summarising my presentation about Benefits Realisation Management and Project Success at the PMI Global Congress EMEA (May/2015) in a way that is probably better than I would do. Elizabeth Harrin has cleverly split the first half of my presentation into 4 parts, which in my view has made …
Benefits Realisation Management explained in simple terms Read More »
Benefits Realisation Management (also known as Project Benefits Management or Benefits Management) has been under the spotlights in the Project Management community in these last years. The ‘new’ discipline has been increasingly studied and employed by organisations and practitioners as a set of processes which can ensure the execution of business strategies and creation of …