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Project Benefits Management Linking projects to the Business

Project Benefits Management  Linking projects to the Business Book
Author : Trish Melton,Jim Yates,Peter Iles-Smith
Publisher : Butterworth-Heinemann
Release : 2011-04-08
ISBN : 008055766X
Language : En, Es, Fr & De

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Book Description :

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

Implementing Project and Program Benefit Management

Implementing Project and Program Benefit Management Book
Author : Kenn Dolan
Publisher : CRC Press
Release : 2018-12-07
ISBN : 042962767X
Language : En, Es, Fr & De

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Book Description :

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.

Benefits Management

Benefits Management Book
Author : John Ward,Elizabeth Daniel
Publisher : John Wiley & Sons
Release : 2012-10-04
ISBN : 1119993261
Language : En, Es, Fr & De

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Book Description :

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.

Project Management

Project Management Book
Author : Ofer Zwikael,John R. Smyrk
Publisher : Springer
Release : 2019-03-19
ISBN : 3030031748
Language : En, Es, Fr & De

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Book Description :

This book is a complete project management toolkit for project leaders in business, research and industry. Projects are approved and financed to generate benefits. Project Management: A Benefit Realisation Approach proposes a complete framework that supports this objective – from project selection and definition, through execution, and beyond implementation of deliverables until benefits are secured. The book is the first to explain the creation of organisational value by suggesting a complete, internally-consistent and theoretically rigorous benefit-focused project management methodology, supported with an analytical technique: benefit engineering. Benefit engineering offers a practical approach to the design and maintenance of an organisation’s project portfolio. Building upon the authors’ earlier successful book, Project Management for the Creation of Organisational Value, this comprehensively revised and expanded new book contains the addition of new chapters on project realisation. The book offers a rigorous explanation of how benefits emerge from a project. This approach is developed and strengthened — resulting in a completely client-oriented view of a project. Senior executives, practitioners, students and academics will find in this book a comprehensive guide to the conduct of projects, which includes robust models, a set of consistent principles, an integrated glossary, enabling tools, illustrative examples and case studies.

Benefits Management

Benefits Management Book
Author : Michael Payne
Publisher : Unknown
Release : 2007-03
ISBN : 9781900391160
Language : En, Es, Fr & De

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Book Description :

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.

Benefit Realisation Management

Benefit Realisation Management Book
Author : Gerald Bradley
Publisher : CRC Press
Release : 2016-04-08
ISBN : 1317175174
Language : En, Es, Fr & De

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Book Description :

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.

Benefits Realization Management

Benefits Realization Management Book
Author : Carlos Eduardo Martins Serra
Publisher : Auerbach Publications
Release : 2016-09-15
ISBN : 9781498739252
Language : En, Es, Fr & De

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Book Description :

Benefits realization management (BRM) is a key part of governance, because it supports the strategic creation of value and provides the correct level of prioritization and executive support to the correct initiatives. Because of its relevance to the governance process, BRM has a strong influence over project success and is a link between strategic planning and strategy execution. This book guides portfolio, program, and project managers through the process of benefits realization management so they can maximize business value. It discusses why and how programs and projects are expected to enable value creation, and it explains the role of BRM in value creation. The book provides a flexible framework for: Translating business strategy drivers into expected benefits and explains the subsequent composition of a program and project portfolio that can realize expected benefits Planning the benefits realization expected from programs and projects and then making it happen Keeping programs and projects on track Reviewing and evaluating the benefits achieved or expected against the original baselines and the current expectations. To help project, program, and portfolio managers on their BRM journey, as well as to support business managers in executing business strategies, the book identifies key organizational responsibilities and roles involved in BRM practices, and it provides a simple reference that can be mapped against any organizational structure. A detailed and comprehensive case study illustrates each phase of the BRM framework as it links business strategy to project work, benefits, and business value. Each chapter ends with a series questions that provide a BRM self-assessment. The book concludes with a set of templates and detailed instructions to ensure successful deployment of BRM.

Benefits Realization Management A Practice Guide

Benefits Realization Management  A Practice Guide Book
Author : Anonim
Publisher : Project Management Institute
Release : 2019-01-22
ISBN : 1628254815
Language : En, Es, Fr & De

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Book Description :

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.

Implementing Project and Program Benefit Management

Implementing Project and Program Benefit Management Book
Author : Kenn Dolan
Publisher : CRC Press
Release : 2018-12-07
ISBN : 0429629311
Language : En, Es, Fr & De

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Book Description :

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.

Business Benefits Through Programme and Project Management

Business Benefits Through Programme and Project Management Book
Author : Great Britain. Office of Government Commerce,OGC - Office of Government Commerce
Publisher : The Stationery Office
Release : 2006-02-23
ISBN : 9780113310258
Language : En, Es, Fr & De

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Book Description :

Successful business organisations need to be able to manage the process of change effectively in order to ensure that the benefits of planned projects and long-term strategies are realised. PRINCE2 (Projects in Controlled Environments) provides a structured project management framework for all types of projects, and is widely recognised by the UK government as well as throughout the private sector. This book contains best practice guidance for senior managers on how to delegate the planning and implementation of projects whilst remaining in overall strategic control, in order to successfully deliver desired business benefits.

Project Benefit Management

Project Benefit Management Book
Author : Ofer Zwikael,Ying-Yi Chih,Project Management Institute
Publisher : Unknown
Release : 2014
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

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.

Strategic Project Management

Strategic Project Management Book
Author : Corlane Barclay,Kweku-Muata Osei-Bryson
Publisher : CRC Press
Release : 2015-08-18
ISBN : 1482225131
Language : En, Es, Fr & De

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Book Description :

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

Earned Benefits Program Management

Earned Benefits Program Management Book
Author : Crispin Piney
Publisher : Auerbach Publications
Release : 2017-03
ISBN : 9781138033122
Language : En, Es, Fr & De

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Book Description :

The book addresses all of the principal aspects of program management. It explains how to protect against invalid numerical manipulation and provides a coherent solution for total program management. Starting with an integrated view of the project management domains, the book then focuses on an innovative benefits realization model and calculation technique applicable across the whole program management life cycle. The model is then integrated with fresh approaches to schedule, risk and issue management, capacity planning, procurement, and the earned benefit method for integrated progress tracking. It concludes with a discussion of performance and communications management.

Project Management Tools and Techniques

Project Management Tools and Techniques Book
Author : Deborah Sater Carstens,Gary L. Richardson
Publisher : CRC Press
Release : 2019-11-04
ISBN : 0429553749
Language : En, Es, Fr & De

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Book Description :

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

Realizing Strategy through Projects The Executive s Guide

Realizing Strategy through Projects  The Executive s Guide Book
Author : Carl Marnewick
Publisher : CRC Press
Release : 2018-01-02
ISBN : 131530385X
Language : En, Es, Fr & De

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Book Description :

Executives should not necessarily know the intricacies of project management, but they should know how project management, as a discipline, can benefit the organization in implementing its strategies and realizing its vision. The only way that executives can effectively apply project management to realize these goals is to have sound knowledge of the project management discipline. The purpose of this book is to provide executives with a comprehensive overview of the discipline of project management. It focuses on the benefits of project management to an organization. The goal is to provide executives with a view as to how project management can deliver organizational strategies. The various chapters focus on specific aspects within the project management discipline and how each aspect should be managed from a business perspective. The book covers the entire spectrum of project management from a management and leadership perspective. The focus is not necessarily on what needs to be done from a project management perspective, but on what organizations and senior executives can do to facilitate projects. The book covers: The value of project management Project management as a strategic enabler Project, program, and portfolio management The role of the project management office in the successful delivery of projects, programs, and portfolios The benefits of project deliverables bring Sustainability of the organization Governance and the role of the project sponsor. The book concludes with a comprehensive portfolio, program, and project management framework. This holistic framework enables organizations to achieve value from project management and realize strategic goals.

The Definitive Guide to Project Management

The Definitive Guide to Project Management Book
Author : Sebastian Nokes,Sean Kelly
Publisher : Pearson Education
Release : 2007
ISBN : 9780273710974
Language : En, Es, Fr & De

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Book Description :

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 Book
Author : Peter Fewings,Christian Henjewele
Publisher : Routledge
Release : 2019-03-21
ISBN : 1351122029
Language : En, Es, Fr & De

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Book Description :

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.

Project Portfolio Management

Project Portfolio Management Book
Author : Harvey A. Levine
Publisher : John Wiley & Sons
Release : 2005-07-20
ISBN : 0787977543
Language : En, Es, Fr & De

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Book Description :

Project Portfolio Management Project Portfolio Management (PPM) goes beyond thetypical project management approach to offer a set of provenbusiness practices that can help executives, program managers, andproject managers bring projects into alignment with the strategies,resources, and executive oversight of the overall enterprise. Step by step, this book shows how to take a project from theinception of a vision to the realization of benefits to theorganization. Project Portfolio Management draws onproject management expert Harvey A. Levine's years of research anddistills the knowledge and best practices from dozens of leaders inthe field to show how to select and implement the projects thatwill garner the best results. Throughout this important resource,Levine tackles the many challenges associated with PPM,including Ranking value and benefits Determining the size of the portfolio pipeline Assessing the impact of uncertainty on projects andportfolios Understanding the benefit and risk relationship Establishing a portfolio governance capability Managing the portfolio to maximize benefits Implementing PPM Using Project Portfolio Management as a guide,project managers can create a healthy portfolio of projects thatwill ultimately improve an organization's effectiveness in usinglimited resources to support its goals.

Code of Practice for Programme Management

Code of Practice for Programme Management Book
Author : Chartered Institute of Building
Publisher : John Wiley & Sons
Release : 2016-08-01
ISBN : 1118717856
Language : En, Es, Fr & De

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Book Description :

The CIOB Code of Practice Programme Management for Construction & Development is intended to complement the popular CIOB Code of Practice for Project Management for Construction and Development, providing practical coverage of general processes and procedures to be followed when managing a construction programme or portfolio of projects. It sets out the necessary requirements for effective and efficient programme management, but is not intended to be a manual of operating procedures for the manager of such programmes.

Program Management

Program Management Book
Author : Michel Thiry
Publisher : Gower Publishing, Ltd.
Release : 2012-09-28
ISBN : 1409458822
Language : En, Es, Fr & De

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Book Description :

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.