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Project Benefits Management: Linking projects to the Business

Project Benefits Management: Linking projects to the Business
A Book

by Trish Melton,Jim Yates,Peter Iles-Smith

  • Publisher : Butterworth-Heinemann
  • Release : 2011-04-08
  • Pages : 240
  • ISBN : 008055766X
  • Language : En, Es, Fr & De
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Successful projects are the basis for the business many successful organisations, but many professionals lack the basic skills required to manage projects successfully. This book shows how to maximise the outcomes of projects and to ensure that the benefits arising from projects -- large or small -- are fully realized by the business. This key outcome can be easily overlooked or sidelined by the need to keep projects on track. Visually lead, to the point, with case studies and best practice guidelines throughout, the hard-won real world experience found in this book makes it a powerful PM resource for anyone involved in project management. Links project management to business goals for career project managers and those involved with project intermittently Focuses on the needs of engineering, industrial and process projects

Benefits Management

Benefits Management
How to Increase the Business Value of Your IT Projects

by John Ward,Elizabeth Daniel

  • Publisher : John Wiley & Sons
  • Release : 2012-10-04
  • Pages : 362
  • ISBN : 1119993261
  • Language : En, Es, Fr & De
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The second edition of Benefits Management has been updated with current examples, further insights from experience and recent research. It shows how the enduring challenges achieving business value from information systems and technology projects can be addressed successfully. The approach, which is synthesized from best practices, sound theories and proven techniques from a range of management disciplines, is exemplified from the authors' extensive experience of working with a wide range of organizations. The book includes examples from a wide variety of projects including non-IT projects. The book is written in an accessible style, ideal for practicing managers, and includes check lists and templates for using the processes, tools and techniques and real-life case studies of their application and impacts. The book now also includes: International survey results that reinforce the importance of the topic, the key management issues and evidence of how the more successful organizations' practices are closely aligned with those described in the book. A Benefits Management Maturity diagnostic which enables organizations to understand the reasons for their current investment success levels and then how to increase them. Discussion of the role and contribution Project Management Offices (PMOs): how they can improve the delivery of value IT projects. Further practical advice and guidance on Program and Portfolio Management, including findings from the authors’ recent research in several large organizations.

Benefits Management

Benefits Management
Releasing Project Value Into the Business

by Michael Payne

  • Publisher : Unknown Publisher
  • Release : 2007-03
  • Pages : 328
  • ISBN : 9781900391160
  • Language : En, Es, Fr & De
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Good benefits management is characterized by an easily understood set of principles; the problem is that they can be difficult to apply in practice. Here, Michael Payne sets out not only to define those principles, but to show how they can successfully form the basis of an end-to-end process.

Benefits Realization Management: A Practice Guide

Benefits Realization Management: A Practice Guide
A Book

by Anonim

  • Publisher : Project Management Institute
  • Release : 2019-01-22
  • Pages : 94
  • ISBN : 1628254815
  • Language : En, Es, Fr & De
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Benefits realization is the common thread that runs from organizational strategy through project deliverables that contribute benefits. Yet, according to PMI's 2018 Pulse of the Profession Report: Success in Disruptive Times, only one in three organizations report high benefits realization maturity. This practice guide provides a comprehensive look at the topic of benefits realization in of portfolio, program, and project management. It will help readers tackle this important topic and drive more successful outcomes and better strategic alignment in your organization. Inside this practice guide readers will find: standardized definitions for benefits realization, benefits realization management and associated benefits realization terms; the core principles of benefits realization; the benefits realization management life cycle from organizational mission, vision, and strategy through project deliverables and success measurement, and how it contributes to the expected benefits and value that the organization intends to realize; and a framework and guidance to help practitioners manage benefits realization in organizational project management and portfolio, program, and project management. As with all PMI standards and publications, this practice guide also aligns with our other standards including: A Guide to the Project Management Body of Knowledge (PMBOK Guide)®—Sixth Edition; The Standard for Program Management—Fourth Edition; and The Standard for Portfolio Management—Fourth Edition.

Benefit Realisation Management

Benefit Realisation Management
A Practical Guide to Achieving Benefits Through Change

by Gerald Bradley

  • Publisher : CRC Press
  • Release : 2016-04-08
  • Pages : 394
  • ISBN : 1317175182
  • Language : En, Es, Fr & De
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The first edition of Gerald Bradley's Benefit Realisation Management quickly established itself as the definitive, practical guide to using measures to track performance throughout the life of a project or programme; enabling organisations to eliminate wasted investment, realise more benefits and realise them earlier. The second edition takes you step-by-step through the benefits realisation process, explaining along the way, how to: * define your projects and programmes by mapping the benefits * produce a convincing and accurate business case * communicate the benefits and get all your stakeholders on board * agree the measures you will use to encourage the desired behaviours, to monitor progress and to assess the ultimate success of the project or programme * use the benefits realisation approach to understand and address the human aspects of the project, including resistance to change, training needs and new ways of working * integrate this approach into your organisation's culture and systems The second edition includes expanded guidance on benefits realisation for portfolio management and includes revisions to the original text along with additional case study examples. The text of the latest edition is now printed in four-colour which make the detailed and varied benefit maps throughout the text immediately more striking and comprehensible. The benefits realisation management methodology fits closely with existing programme and project management approaches such as MSP and Prince 2, making it appropriate for both public and private sector environments. If you are investing heavily in change management, IT infrastructure or project working, then this book is a must-read that will justify its price many times over.

Project Benefits Management in IT Projects--an Australian Perspective

Project Benefits Management in IT Projects--an Australian Perspective
A Book

by Peter Bennington,David Baccarini

  • Publisher : Unknown Publisher
  • Release : 2004
  • Pages : 12
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Information technology (IT) projects are implemented in organizations to provide benefits. This paper reports the research findings into the process of benefits management by project managers in IT projects in Perth, Western Australia. It was found that IT project managers have a strong propensity towards efficiency benefits rather than effectiveness benefits. A significant majority of IT project managers do not assign Key Performance Indicators (KPIs) to project benefits, which makes it difficult to assess if benefits have been delivered. Project managers tend to focus on managing deliverables rather than the benefits that should result from utilization of the deliverables. Many of the findings indicate that there is significant room for improvement in the formal effective application of project benefits management.

Project Benefit Management

Project Benefit Management
Formulation and Appraisal of Target Benefits

by Ofer Zwikael,Ying-Yi Chih,Project Management Institute

  • Publisher : Unknown Publisher
  • Release : 2014
  • Pages : 15
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Realizing benefits is an important criterion to evaluate project performance. Hence, project benefit management is essential to enhance project success. This paper focuses on the first step in the benefit management process--the definition and appraisal of target benefits. Target benefits are formulated during project initiation, included in the business case and anticipated to be realized at the completion of the project. Clear definition of target benefits is important for project selection decisions and project portfolio management. This paper develops a new construct--"Quality of Target Benefits" (QTB). Three studies show that a proper formulation and appraisal of a proposed project's target benefits leads to more informed project selection decisions. The construct can be used to facilitate theory development research on project initiation and performance evaluation and support organizations in making better project funding decisions. The paper contributes to the initiation phase of projects and the project benefit management literature.

Implementing Project and Program Benefit Management

Implementing Project and Program Benefit Management
A Book

by Kenn Dolan

  • Publisher : CRC Press
  • Release : 2018-12-07
  • Pages : 272
  • ISBN : 042962767X
  • Language : En, Es, Fr & De
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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? Implementing Project and Program Benefit Management is written for executives and practitioners within the portfolio, program, and project environment. It guides them through the important work that must be addressed as the investment progresses towards the realization of benefits. The processes discussed cover the strategic elements of benefits realization as well as the more detailed requirements, which are the domain of the program delivery teams and the operational users. Using real cases to explain complex situations, operational teams and wider groups of stakeholders, including communities affected by infrastructure projects, will be able to engage in the conversation with the sponsors and delivery teams. Covering an area of program and project management that is rapidly becoming more widely valued, this book blends theory with practical experience to present a clear process flow to managing the benefits life cycle. Best practices are defined, and pitfalls and traps are identified to enable practitioners to apply rigor and structure to this crucial discipline.

Guide to Project Management

Guide to Project Management
Getting it right and achieving lasting benefit

by Paul Roberts

  • Publisher : John Wiley & Sons
  • Release : 2013-02-06
  • Pages : 368
  • ISBN : 1118417429
  • Language : En, Es, Fr & De
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Implementing Project and Program Benefit Management

Implementing Project and Program Benefit Management
A Book

by Kenn Dolan

  • Publisher : CRC Press
  • Release : 2018-12-07
  • Pages : 272
  • ISBN : 0429629311
  • Language : En, Es, Fr & De
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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? Implementing Project and Program Benefit Management is written for executives and practitioners within the portfolio, program, and project environment. It guides them through the important work that must be addressed as the investment progresses towards the realization of benefits. The processes discussed cover the strategic elements of benefits realization as well as the more detailed requirements, which are the domain of the program delivery teams and the operational users. Using real cases to explain complex situations, operational teams and wider groups of stakeholders, including communities affected by infrastructure projects, will be able to engage in the conversation with the sponsors and delivery teams. Covering an area of program and project management that is rapidly becoming more widely valued, this book blends theory with practical experience to present a clear process flow to managing the benefits life cycle. Best practices are defined, and pitfalls and traps are identified to enable practitioners to apply rigor and structure to this crucial discipline.

Strategic Project Management

Strategic Project Management
Contemporary Issues and Strategies for Developing Economies

by Corlane Barclay,Kweku-Muata Osei-Bryson

  • Publisher : CRC Press
  • Release : 2015-08-18
  • Pages : 367
  • ISBN : 1482225131
  • Language : En, Es, Fr & De
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Based on expert practitioners contributions from across the globe including Brazil, Jamaica, Malaysia, Pakistan, Thailand, the United Kingdom, and the United States, Strategic Project Management: Contemporary Issues and Strategies for Developing Economies offers modern experiences, best practices, and tools for individuals and teams working in pro

Solving the Benefits Puzzle

Solving the Benefits Puzzle
A Book

by Jed Simms

  • Publisher : Project-Sponsor
  • Release : 2006
  • Pages : 32
  • ISBN : 0977564606
  • Language : En, Es, Fr & De
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For years organisations have struggled to effectively track and measure the benefits expected from their projects. Management is frustrated at the continuing lack of benefits measurement.But the situation is worse than just poor measurement. Most projects actually leave many of their potential benefits 'on the table' unidentified. They then, inadvertently, lose, destroy or miss many other benefits. Our research has shown that most projects deliver less than half of their potential value. This loss represents billions of dollars a year in lost or missed benefits! Most of this loss goes unmeasured. Traditional approaches to benefits management just haven't worked. They seem workable on paper but, when put to the test, do not effectively identify, quantify, track and measure benefits both during and after the project.The reasons why benefits management has remained a 'lost cause' for so long are numerous, including lack of attention, desires to avoid accountability, confusion, sloppy language and the bad results of previous half-baked attempts."Solving the Benefits Puzzle" spells out the problems and the solution. A solution that has already been adopted in numerous organisations with astounding success. The solution is based on the deceptively simple Benefits EquationTM that focuses attention on the five key elements of benefits management and allows all of them to be tracked and measured.

Project Portfolio Management Strategies for Effective Organizational Operations

Project Portfolio Management Strategies for Effective Organizational Operations
A Book

by Romano, Luca

  • Publisher : IGI Global
  • Release : 2017-01-30
  • Pages : 388
  • ISBN : 1522521526
  • Language : En, Es, Fr & De
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Continuous improvements in project portfolio management have allowed for optimized strategic planning and business process improvement. This not only leads to more streamlined processes, methods, and technologies, but it increases the overall productivity of companies. Project Portfolio Management Strategies for Effective Organizational Operations is a key resource on the latest advances and research regarding strategic initiatives for portfolio and program management. Highlighting multidisciplinary studies on value creation, portfolio governance and communication, and integrated circular models, this publication is an ideal reference source for professionals, researchers, business managers, consultants, and university students in economics, management, and engineering.

Project Management Tools and Techniques

Project Management Tools and Techniques
A Practical Guide, Second Edition

by Deborah Sater Carstens,Gary L. Richardson

  • Publisher : CRC Press
  • Release : 2019-11-04
  • Pages : 446
  • ISBN : 0429553749
  • Language : En, Es, Fr & De
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The topic of project management is truly an evolution of art seeking science. This activity involves balancing project objectives against the constraints of time, budget, and quality. Achieving this balance requires skill, experience, along with the use of many tools, and techniques which are the focus of this book. This new edition provides updated content to incorporate examples from Microsoft Project 2016 and material from the Project Management Body of Knowledge (PMBOK® Guide), sixth edition. The chapter structure includes step-by-step instructions regarding the basic mechanics and various software tools that can be used to assist in the processes. To reinforce the textbook’s learning objectives, extra material is provided on the textbook website. This includes mechanical tool examples and lab assignments representative of the chapter topics. An external video tutorial library is available to help with various mechanics related to Microsoft Project mechanics. An instructor manual is available for qualifying adoptions for classroom use. NOTE: Chapter 26 is not in the textbook and is only located in the book's Downloads tab on the CRCPress.com website. Features Illustrates the use of Microsoft Project throughout the project life cycle Offers templates as productivity enhancement tools Includes supplemental material for students and instructors Provides assignments for hands-on experience Follows the PMI PMBOK ® Guide model structure that will support a better understanding of the model and help prepare students for PMP and CAPM certification Illustrates both traditional and contemporary management techniques

The Definitive Guide to Project Management

The Definitive Guide to Project Management
The Fast Track to Getting the Job Done on Time and on Budget

by Sebastian Nokes,Sean Kelly

  • Publisher : Pearson Education
  • Release : 2007
  • Pages : 354
  • ISBN : 9780273710974
  • Language : En, Es, Fr & De
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Successful project management is delivering your projects on time, to brief and within budget. The Definitive Guide to Project Management shows you step by step how to master the techniques of effective project management so that your projects deliver what you want, every time. Suitable for both beginners and more experienced project managers, The Definitive Guide to Project Management is the essential companion for anyone looking to develop their project management skills. Revised and improved to follow the presigious PMI certification scheme, its indispensable advice can be put to work immediately. Inside you will find key exam questions, templates and action checklists to help you at each stage of your well-executed project. Get the job done and on time with The Definitive Guide to Project Management The Definitive Business Series will ensure you get up to speed fast with all the business essentials you need to be a success. With their guided step-by-step approach the latest practical business techniques and concepts and their easy-to-read style, The Definitive Business Series cover every aspect of the topic from the business basics to the essential skills needed to progress in your career. The Definitive Business Series. Your fast-track to business success.

Construction Project Management

Construction Project Management
An Integrated Approach

by Peter Fewings,Christian Henjewele

  • Publisher : Routledge
  • Release : 2019-03-21
  • Pages : 508
  • ISBN : 1351122029
  • Language : En, Es, Fr & De
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Construction Project Management: An Integrated Approach is a management approach to leading projects and the effective choice and use of project management tools and techniques. It seeks to push the boundaries of project management to take on board future needs and user issues. Integration of the construction project, meaning closer relations between the project team, the supply chain and the client, is long overdue; however, despite some signs of growth in this area, the industry nonetheless remains fragmented in its approach. The role of the project manager is to integrate diverse interests and unify objectives to achieve a common goal. This has now broadened to include a responsibility, on the parts of both client and team, to ensure that construction addresses current and future societal needs. From an economic perspective, a great deal of waste is connected with conflict, thus a holistic approach that increases the efficiency and effectiveness of the task at hand will inject energy into project management. This third edition now takes on board the impact of technology in building information modelling and other digitised technologies such as artificial intelligence. Together, they open up avenues for more direct and incisive action to test creative design, manufacture directly and communicate spontaneously and intuitively. In time, such technologies will change the role of project managers but will never take away their responsibility to be passionate about construction and to integrate the team. A new chapter has been added that considers future societal needs. This edition is also reordered to make the project life cycle and process chapters clearer. This book combines best practice in construction with the theories underpinning project management and presents a wealth of practical case studies – many new. It focuses on all construction disciplines that may manage projects. The book is of unique value to students in the later years of undergraduate courses and those on specialist postgraduate courses in project management and also for practitioners in all disciplines and clients who have experienced the frustration caused by the fragmentation of construction projects.

Benefits Management Plan Guideline

Benefits Management Plan Guideline
A Book

by Anonim

  • Publisher : Unknown Publisher
  • Release : 2003
  • Pages : 129
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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"The Benefits Management Plan provides a structured process for agencies to manage and demonstrate the achievement of the benefits from an ICT enabled business change project. The Benefits Management Plan Guideline has been developed to assist Agencies, Business Managers and Project Managers to understand benefits management and to manage the process of realising the benefits delivered by an ICT investment."--Website summary.

Opening the Black Box of Benefits Management in the Context of Projects

Opening the Black Box of Benefits Management in the Context of Projects
A Book

by Monique Aubry,Sanaa El Boukri,Viviane Sergi

  • Publisher : Unknown Publisher
  • Release : 2021
  • Pages : 19
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Benefits management has recently gained in popularity but remains difficult to implement and conduct in organizations

The Practice and Theory of Project Management

The Practice and Theory of Project Management
Creating Value through Change

by Richard Newton

  • Publisher : Bloomsbury Publishing
  • Release : 2019-11-05
  • Pages : 352
  • ISBN : 1137143142
  • Language : En, Es, Fr & De
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Managing projects, a prominent feature of working life, inevitably involves change at some level. Even though successful project management depends on organisational change, textbooks often fail to recognise this symbiotic nature. This book offers students a practical understanding of the strategic and organisational role of projects.

Program Management

Program Management
A Book

by Michel Thiry

  • Publisher : Gower Publishing, Ltd.
  • Release : 2012-09-28
  • Pages : 220
  • ISBN : 1409458822
  • Language : En, Es, Fr & De
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Based on practical applications of Program Management in different countries, as well as the leading standards, this book reflects the most recent developments in the area. It offers an understanding of program management's connection to business strategy and value realisation, beyond multiple-project management. Additionally it emphasizes the need for program specific processes, based on an iterative life cycle and the management of multiple stakeholders and their expected benefits. The book is grounded in a robust theoretical framework, complemented by a number of case studies.