Benefits Realisation Management (BRM) is a powerful tool that can help sponsors of major change projects answer a vital question - what exactly am I paying for? For their latest white paper in the Practical Insight series, change experts Practicus have put together a handy guide to implementing BRM, demystifying the process and explaining how it can rapidly improve ROI.
The white paper was released following requests from clients who were concerned that they couldn’t draw a link between their current projects and tangible benefits for the company. The guide offers some practical advice for achieving this and for overcoming challenges such as gathering information on project performance without eliciting a negative reaction from the stakeholders involved. BRM is an exceptionally useful tool as it also links in with the Portfolio Management process, helping senior management to prioritise funds for the most beneficial projects.
The full paper on Benefits Realisation Management can be read here, or see more Practical Insight here.
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