Benefit Realisation Management (BRM) - A vehicle for transformational change

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Course Overview

Benefits Realisation Management (BRM) is an approach to managing organisational change that maximises the realisation of benefits. It is more than a methodology for justifying investments and more than a mechanism for benefit measurement. BRM delivers most value when it starts with Business Strategy and determines and scopes the optimal portfolio of programmes. However BRM also delivers significant value when applied to an individual programme or project. Here best results will be obtained if it is used to shape the programme or project starting with the initial ideas or drivers for change. It is always focused on achievement of business benefits. Actually realising benefits - rather than just using them to justify a project and then forgetting about them is a key issue today for the majority of private and public sector organisations. This interactive workshop will provide the delegates with a common sense, practical methodology that integrates closely with many existing approaches to programme and project management (e.g. MSP 3 and Prince 2) and that will dramatically and demonstrably increase the realisation of benefits from IT enabled business change.

This training may be available onsite; please contact us if you are interested.

Audience

• Strategy Managers
• Programme Sponsors and Programme Directors
• Change Managers
• Programme and Project Managers
• Benefit Managers / Facilitators and
• IT/IS Managers
• Procurement and Demand Managers
• Knowledge Managers
• Business Development Managers

Course Outline

A brief examination of:

• why change often fails
• the factors that make benefit realisation such a Significant issue today.

The need to manage benefits and the fundamentals of BRM - a new mindset

• moving beyond a project justification mentality
• understanding the significance of change and how benefitscan drive change
• focusing on the real goal benefit achievement
• bridging the gap between capabilities and benefits
• stakeholder ownership and benefit distribution
• the purpose of measurement

An ongoing process

• The need for a continuous process focused on the end point benefit achievement
• Business Strategy to Programmes and Projects
• Programme/project roles to support the process and facilitate benefit realisation
• A recommended 4 phase process:
• • Phase 1: Position
  • Phase 2: Plan
  • Phase 3: Progress
  • Phase 4: Perform

Benefit Realisation Management (BRM) - A vehicle for transformational change / BRM-INT