UID:
almahu_9949865864102882
Format:
1 online resource :
,
illustrations (black and white).
Edition:
1st
ISBN:
9780429627675
,
042962767X
,
9781498788496
,
1498788491
,
9780429629310
,
0429629311
,
9780429626036
,
0429626037
,
9780429052972
,
0429052979
Series Statement:
Best practices in portfolio, program, and project management
Content:
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
Note:
〈P〉〈STRONG〉Part I. Establishing the Language〈/STRONG〉〈BR〉1. What Are Benefits and Why Are They Important?〈BR〉2. Definitions and Terminology〈BR〉3. Team Roles and Responsibilities〈/P〉〈B〉〈P〉Part II. The Benefits Life Cycle〈/B〉〈BR〉4. Introduction to the Benefits Life Cycle〈BR〉5. Establish the Context〈BR〉6. Identify the Benefits〈BR〉7. Assess the Benefits〈BR〉8. Plan for Benefits Realization〈BR〉9. Coordinate and Realize the Benefits〈BR〉10. Review the Initiative〈BR〉11. Embedding Benefits Realization Management〈/P〉〈P〉Appendix I. Documentation〈BR〉Appendix II. Summary of Cognitive Biases Impacting Benefits Realization Management〈BR〉Abbreviations and Acronyms〈BR〉References〈/P〉
,
Cover; Half Title; Series Editor; Title; Copyrights; Dedication; Contents; Preface; Acknowledgments; About the Author; Introduction; Part One Establishing the Language; Chapter 1: What Are Benefits and Why Are They Important?; 1.1 What Are Benefits?; 1.1.1 Characteristics of Benefits; 1.1.2 Why Are Benefits Important?; 1.2 Benefits Realization Management; 1.3 Categorization of Benefits; 1.3.1 Financial and Nonfinancial Benefits; 1.3.2 Triple Bottom Line; 1.3.3 Efficiency and Effectiveness Factors; 1.3.4 Tangible and Intangible Benefits; 1.4 Stakeholders and Benefits
,
1.5 Changing the ConversationExercises and Activities; Chapter 2: Definitions and Terminology; 2.1 Project; 2.2 Program; 2.3 Portfolio; 2.4 Initiative; 2.5 Progressive Elaboration; 2.6 Pathway to Benefits; 2.6.1 Output; 2.6.2 Capability; 2.6.3 Outcome; 2.6.4 Intermediate Benefits; 2.6.5 Emergent Benefits; 2.6.6 Dis-Benefits; 2.6.7 Benefits; 2.7 Transition Period; 2.8 Transition Activities; 2.9 Baseline; 2.10 Operational Environment; 2.11 Business as Usual; 2.12 Gateways; 2.13 Benefits Reviews; 2.14 Fiscal Year (or Financial Year); 2.15 Front-End Loading; 2.16 Return on Investment
,
2.17 Benefit Cost Analysis2.17.1 Payback Period; 2.17.2 Net Present Value; 2.17.3 Benefit-Cost Ratio; 2.18 Diagrammatic Methods; 2.18.1 Benefit Map; 2.18.2 Dependency Network; 2.19 Documentation; 2.19.1 Benefits Management Strategy; 2.19.2 Benefit Profile; 2.19.3 Benefits Register; 2.19.4 Business Case; 2.19.5 Benefit Realization Plan; 2.19.6 Program Plan; 2.19.7 Transition Plan; 2.19.8 Sustainment Plan; 2.19.9 Review Report; 2.19.10 Benefits Closure Report; 2.20 Summary; Exercises and Activities; Chapter 3: Team Roles and Responsibilities; 3.1 Sponsoring Group; 3.2 Sponsor
,
3.3 Program Manager3.4 Project Manager; 3.5 Program/Project Management Office (PgMO/PMO); 3.6 Project Office; 3.7 Program Office; 3.8 Business Change Manager (BCM); 3.9 Change Team; 3.10 Benefit Manager/Owner; 3.11 Assurance Roles; 3.12 Governance Roles; 3.13 Specialist Support Roles; 3.14 Additional Considerations; 3.15 Summary; Exercises and Activities; Part Two The Benefits Life Cycle; Chapter 4: Introduction to the Benefits Life Cycle; Chapter 5: Establish the Context; 5.1 Drivers for Programs and Investments; 5.1.1 PESTLE; 5.1.2 Triple Bottom Line; 5.2 Other Program Types
,
5.2.1 Strategic Initiatives5.2.2 Evolving Initiatives; 5.2.3 Compliance Initiatives; 5.2.4 Technology-Driven Initiatives; 5.3 Recognizing the Stakeholders' Perspectives; 5.3.1 Getting to Know the Stakeholders; 5.4 Documentation; 5.4.1 Benefits Management Strategy; 5.5 Summary; Exercises and Activities; Chapter 6: Identify the Benefits; 6.1 Getting Off to a Bad Start; 6.2 Begin with the End in Mind; 6.3 Diagrammatic Techniques; 6.3.1 Benefit Mapping; 6.3.2 Benefits Dependency Network; 6.3.3 Benefits Dependency Map; 6.3.4 Benefits Logic Map; 6.3.5 Applying These Methods
Additional Edition:
Print version : ISBN 9781498786393
Language:
English
DOI:
10.1201/9780429052972
URL:
https://www.taylorfrancis.com/books/9780429052972
Bookmarklink