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Benefit Realisation Management [Hardcover]

Gerald Bradley
3.2 out of 5 stars  See all reviews (5 customer reviews)
RRP: £75.00
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Book Description

1 April 2010
The first edition of Gerald Bradley's "Benefit Realisation Management" quickly established itself as the definitive, practical guide to using measures to track performance throughout the life of a project or programme; enabling organisations to eliminate wasted investment, realise more benefits and realise them earlier. The second edition takes you step-by-step through the benefits realisation process, explaining along the way, how to: define your projects and programmes by mapping the benefits; produce a convincing and accurate business case; communicate the benefits and get all your stakeholders on board; agree the measures you will use to encourage the desired behaviours, to monitor progress and to assess the ultimate success of the project or programme; use the benefits realisation approach to understand and address the human aspects of the project, including resistance to change, training needs and new ways of working; and, integrate this approach into your organisation's culture and systems. The second edition includes expanded guidance on benefits realisation for portfolio management and includes revisions to the original text along with additional case study examples. The text of the latest edition is now printed in four-colour which make the detailed and varied benefit maps throughout the text immediately more striking and comprehensible. The benefits realisation management methodology fits closely with existing programme and project management approaches such as MSP and Prince 2, making it appropriate for both public and private sector environments. If you are investing heavily in change management, IT infrastructure or project working, then this book is a must-read that will justify its price many times over.

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Benefit Realisation Management + Benefits Management: How to Increase the Business Value of Your IT Projects + Managing benefits: optimizing the return from investments
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Product details

  • Hardcover: 416 pages
  • Publisher: Gower; 2nd edition edition (1 April 2010)
  • Language: English
  • ISBN-10: 1409400948
  • ISBN-13: 978-1409400943
  • Product Dimensions: 17.5 x 24.4 cm
  • Average Customer Review: 3.2 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Bestsellers Rank: 333,588 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Review

'This book is written by a practitioner with the benefit of 25 years experience and also the benefit of feedback on the first edition of this book....Chapters are simply presented and immediately usable by practitioners and they provide stimulating ideas for researchers.... Another way of looking at this book is that it provides a very useful primer and anchor for PM practice....My impression of the first edition (Bradley 2006) is that it is a valuable book that I would recommend to practitioners who are expected to respond to the challenge of "realising benefits", who hear the jargon and are unsure what exactly it means and how performance of project outputs and outcomes can be defined and measured. This second edition takes the ideas to the program and portfolio level.... This is certainly a valuable reference book worth keeping handy whether you are an academic or a PM practitioner.' ----- Derek H. T. Walker, RMIT University, Melbourne, Australia for The International Journal of Managing Projects in Business

About the Author

Gerald Bradley has been pioneering and developing the thinking on benefit realisation for 20 years. He founded Sigma as a consultancy and training organisation to focus exclusively on Benefit Realisation Management. During the past 20 years the company has had the opportunity, under Gerald's leadership, to develop and refine the concepts and the practicalities of benefit realisation, through application to a wide variety of large projects and programmes for major organisations from both public and private sectors. Gerald's ideas and experience have had considerable impact on both business and academic thinking and he is now regarded as one of the leading experts in the field.

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Customer Reviews

Most Helpful Customer Reviews
10 of 11 people found the following review helpful
4.0 out of 5 stars From a PMO perspective 8 Jun 2010
Format:Hardcover
Book Review taken from the APM PMOSIG - reviewed by PMO professional, Martin McCann.

I found Gerald Bradley's new edition of his 2006 book an interesting and comprehensive read. It's packed full of all you'd ever really need to know about the theory and principles of Benefit Realisation Management (BRM) and the methods and processes behind it, as developed by Bradley's Sigma consultancy over the last twenty five years. Much of the BRM element of the OGC MSP guidance was based on Bradley's work, although it might be worth stressing that he does not feel that the '07 version of MSP incorporates the BRM principles to maximum effect.

From a PPSOSIG perspective, however, I should point out that the book is light on PMO-specific guidance, and only makes reference to PMOs in a couple of short sections. That said, PPSOSIG members may be interested in the potential implications that implementing BRM in your organisation could have on your PMO. BRM's underlying principles will strike a chord with anyone interested in improving how their organisation manages its long term change programmes, and may be of particular relevance to those of you working in a Portfolio Office or Centre of Excellence-type function. Effective BRM relies on the organisation logging, measuring and monitoring its benefits, so it is entirely possible that these activities that may end up being handled by a PMO.

This book is likely to appeal to people more inclined towards Programme / Portfolio Management than those solely focused on project delivery. However, Project Managers should still find it useful.
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2 of 2 people found the following review helpful
2.0 out of 5 stars Tedious 3 Feb 2012
Format:Hardcover
Whilst this book covers the ground thoroughly it is not very engaging, few of the anecdotes are terribly inspiring, and it is repetitive. It would be a reasonable buy for £15 but for £66??
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4 of 5 people found the following review helpful
5.0 out of 5 stars Excellent guide for all 16 April 2010
By Maddy
Format:Hardcover|Verified Purchase
I got this book about 3 years ago and since I've used almost all its concepts in the day-to-day consultancy work I've been doing. It is extremely detailed and it delves significantly into Six Sigma methodology, taking into consideration PRINCE2 techniques, MSP, MOR, and the Balanced Scorecard - a brilliant combination which helps deliver better results. It covers every single aspect to be taken into consideration in a business change scenario, from business case, to project and programme and to benefits realisation in operations. It gives examples on how to apply its concepts and it explains any term used in a business language. It is equally useful to junior and senior consultants interested in change management and benefits realisation. Highly recommended.
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2.0 out of 5 stars Great book 6 Feb 2014
By neil
Format:Kindle Edition|Verified Purchase
Drawings do not translate into kindle format very well - too small! These are my extra words - not clever to ask for words you don't want to provide.
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3.0 out of 5 stars The de facto bible for BRM 25 Sep 2013
Format:Hardcover|Verified Purchase
It encompasses the whole subject thoroughly; connecting it to Prince, 6 Sigma and other common methodologies. Anyone familiar with project management techniques will quickly understand the network mapping of defined benefits with dependencies onto project outcomes. This in turn gives visibility to whether or not a project(s) actually leads to beneficial outcomes.

Chapter 4 gives an overview of BRM and if I had just that I would probably not have paid £65 for the whole book.

However, diving into the detail; chapters 7 to 11 hold the real meat and drink of the idea and these are well worth the read.
The highly document lead approaches suggested later on seem very much project management by form filling and left me a bit cold as did the use of BRM in Project Portfolio Management, something I have a particular interest in.

In fact the later chapters are pretty tedious and devalued the book and the idea for me a bit because they present a problem with the BRM paradigm as a whole:

Although BRM helps you align outcomes to benefits it is weak on building truth and certainty and so if a psychopath in your organisation wants a project to go ahead, and defines spectacular benefits, BRM provides little rigour in itself towards validating its own case. By the time your PMO realise the benefits case was fudged, which could be years, that middle management psycho may well be the CEO.

I bought Gerald Bradley’s book along with Value Management by Roger Davis from the same publisher and it’s fascinating to contrast them in style and subject.
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