Wondering If Your Project Is Successful? Here’s What You Need To Know! (Part 2)

HOW CAN BRM HELPS ORGANIZATIONS?

A research conducted by PMI® has found that organizations with benefits realization maturity gain remarkably higher project success rates and waste much less money on projects compared with those without proper execution of BRM. Moreover, in case that executive leaders cannot connect project management with obtaining strategic goals, benefits realization helps them recognize that projects and programs deliver benefits to the business and allow necessary changes.

So, in the end… WHAT IS THE ROLE OF PROJECT MANAGERS IN BRM?

As benefits realization is the cornerstone of project and program management and project managers are in a special position to help their customers gain the defined benefits, it is advisable to involve project managers early in the discussions about benefits analysis. By doing so, they are more likely to concentrate on creating business values rather than project deliverables and traditional measures of success. 

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