Development of the Benefit realisation checkpoints
Piterskova, Maria (2021)
Piterskova, Maria
2021
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2021112822177
https://urn.fi/URN:NBN:fi:amk-2021112822177
Tiivistelmä
Taking its roots from Information systems/Information Technology (IS/IT), the Benefit Realisation Management has been advocated to close the gap between traditional project management and the company’s strategy as well as to overcome the technocratic way the projects are undertaken. This research addresses the relative novelty of the benefit realisation management (BRM for later) when it comes to the practical projects outside IS/IT area, specifically the potential challenges and improvements for implementation in chosen case company X.
The paper started with the need for the BRM implementation for the company X. The project level is investigated to understand the relationship of the values/benefits management throughout the organisation as well as projects’ lifecycle.
The theoretical framework is presented next, including the conceptually central to BRM areas: project management, programme management as well as benefit management itself.
To understand the current condition of BRM inside the case company, the series of interviews were conducted involving representatives from different functions. The 2-day workshop was organised within the case company in order to test how rigorously the case company’s representatives identify and quantify the potential project’s values (benefits).
Finally, the potential method to check value realisation throughout the project’s lifetime is proposed, derived from interview results, workshop findings as well as thorough theory check. Potential areas for further research as well as research validity and reliability assessments concluded the research.
The paper started with the need for the BRM implementation for the company X. The project level is investigated to understand the relationship of the values/benefits management throughout the organisation as well as projects’ lifecycle.
The theoretical framework is presented next, including the conceptually central to BRM areas: project management, programme management as well as benefit management itself.
To understand the current condition of BRM inside the case company, the series of interviews were conducted involving representatives from different functions. The 2-day workshop was organised within the case company in order to test how rigorously the case company’s representatives identify and quantify the potential project’s values (benefits).
Finally, the potential method to check value realisation throughout the project’s lifetime is proposed, derived from interview results, workshop findings as well as thorough theory check. Potential areas for further research as well as research validity and reliability assessments concluded the research.