Implementing Project and Program Benefit Management

Implementing Project and Program Benefit Management is a book for executives and practitioners that guides them through the important work of addressing benefits realization as an investment progresses. It blends theory with practical experience to present a clear process flow to managing the benefits life cycle, defining best practices, and identifying pitfalls and traps.

Format: Paperback / softback
Length: 298 pages
Publication date: 21 January 2023
Publisher: Taylor & Francis Ltd

One of the most challenging yet crucial questions regarding projects is the question of what advantages will this project bring to the investors and key stakeholders. It is essential to treat projects and programs as investments, as this shift in focus allows us to delve into more fundamental questions. Firstly, we must ask ourselves, "What is the purpose of this investment?" In order to answer this question, we need to identify the specific advantages that are expected from the project. These advantages should be evaluated to determine whether they are worth the investment made.

Implementing Project and Program Benefit Management is a valuable resource for executives and practitioners working in the portfolio, program, and project environment. It provides guidance on the important tasks that need to be addressed as the investment progresses toward realizing benefits. The processes discussed cover both the strategic elements of benefits realization and the more detailed requirements, which are the responsibility of the program delivery teams and operational users. By using real-life cases to explain complex situations, operational teams and broader groups of stakeholders, including communities affected by infrastructure projects, can engage in meaningful conversations with sponsors and delivery teams.

This book is particularly relevant in today's landscape, as the area of program and project management is rapidly gaining recognition and value. It blends theory with practical experience to present a clear process flow for managing the benefits life cycle. Best practices are defined, and potential pitfalls and traps are identified to help practitioners apply rigor and structure to this critical discipline. By understanding and implementing these best practices, organizations can ensure that their projects and programs deliver the desired benefits and contribute to their overall success.

Weight: 550g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032475912