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Benefit Realisation Management: A Practical Guide to Achieving Benefits Through Change
 
 
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Benefit Realisation Management: A Practical Guide to Achieving Benefits Through Change [Hardcover]

Gerald L. Bradley
3.7 out of 5 stars  See all reviews (3 customer reviews)

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Hardcover, 28 May 2006 --  
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Product details

  • Hardcover: 190 pages
  • Publisher: Gower Publishing Ltd; illustrated edition edition (28 May 2006)
  • Language English
  • ISBN-10: 0566086875
  • ISBN-13: 978-0566086878
  • Product Dimensions: 24.6 x 17.8 x 2.8 cm
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Bestsellers Rank: 577,636 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Gerald Bradley
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Product Description

Product Description

Change is fundamental for improving organizational performance in a global economic environment, yet investment in change seldom delivers more than 20 per cent of potential benefits. The good news is that change doesn't have to be like this. Gerald Bradley's "Benefit Realisation Management" is a blueprint for embedding within your organization a powerful process (BRM) that allows you to work with stakeholders to identify and realise the best possible project outcomes. Gerald Bradley pioneered BRM nearly 20 years ago and his experience in applying the methodology to programmes, projects and portfolios is second to none. His book explores the drivers, concepts and principles that underpin successful benefits realisation. He is careful throughout to relate the process to other recognised disciplines, including OGC Gateway Reviews, so that you can apply the methodology to your current project or programme management strategy. The benefits and potential savings that this book offers to anyone involved in significant projects and programmes are substantial. It will revolutionise your organization's approach to project and change management.

About the Author

Gerald Bradley began his career teaching and university lecturing and then joined BP where for 12 years he managed significant technology-enabled change. During this time he recognised the need for, and subsequently pioneered, a fresh approach to benefit realisation. He then founded Sigma, to develop and promote this new approach, working with major organisations from both public and private sectors. Gerald regularly addresses management and academic groups on benefit realisation issues.

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Customer Reviews

Most Helpful Customer Reviews
8 of 9 people found the following review helpful
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. Effective BRM can help Project Managers experience a more stability and reassurance by helping them understand exactly how their work fits into the bigger picture and appreciate the longer term implications of their project.

One of the main barriers to adopting effective BRM can be your organisation's PPM maturity. If your organisation is already reasonably mature, your senior management are much more likely to be amenable to the aims of BRM and the work necessary to implement and embed it than managers in a less mature organisation.

And this, for me, is one of the book's main downsides: I don't feel the book is as accessible as it could be to those who need it the most. It's almost a case of "never mind the width, feel the Quality!", and coming in at over 350 pages, the book is hardly a quick read. Busy managers could find it hard to devote the time necessary to work their way through it. A reader familiar with the basics of PPM could probably dip in and out or skim certain sections, but newbies or novices would have a lot of contextual theory to wade through.

Securing that elusive senior management buy-in and commitment to follow through is the only way to get the most out of BRM, but this book alone is unlikely to get you the commitment you need. Given the time constraints and information overload that many of us experience nowadays, the author could consider developing a more concise BRM overview to tempt in senior managers (perhaps in a similar vein to the OGC's pocketbooks or Prince2's "Directing Successful Projects" guidance) and encourage more of them to explore the realm of BRM without having to resort to a Sigma consultancy workshop.

I personally found some of the book's concepts very useful. For example, if used properly, the Benefit Dependency Maps could be incredibly powerful for conveying the complexities involved in a typical programme and helping Enabler Project Managers understand how they link into the longer-term plan. The section on the various different ways for classifying benefits, to help ensure you understand where your gaps and opportunities lie across a variety of perspectives, can also be a very powerful tool.

This second edition is well worth a read, but if you already own the first edition of this book, I'd only suggest buying it again if you are seriously considering (or are in the process of) implementing BRM in your organisation. The meat of the processes and methods are pretty much the same, but it does include additional guidance on measures, tracking benefits, some updated case studies and references to the new editions of MSP and P3O. The inclusion of colour diagrams is also a welcome addition to the new edition, instantly making the Benefit Maps more accessible at a glance. However, the sheer number of different colour conventions adopted could potentially cause further confusion for casual observers, and be warned: anyone with a degree of colourblindness may struggle to differentiate between some of the subtleties of the colour schemes.

Unfortunately, the book's index (although significantly improved from the last edition) is a little inflexible, and could still do with some refinement. The reader's ability to "dip in and out" could be greatly hampered by the lack of certain key references in the index. For example, the index overlooks the references to Programme Management Offices in the chapter on case studies, and doesn't even register the section on Portfolio Management Offices in the chapter on Maintaining an Optimum Change Portfolio.

In summary, this has the potential to be a brilliant addition to your bookshelf. However, as with any guidance like this, the key to successful implementation rests not in the book, but in how you choose to apply it. The current period of belt-tightening and impending austerity may well be just the right time for BRM to come to the fore, and if so, this book could help keep you forewarned and forearmed.

It's not perfect, and it's not for the casual reader, but if you're interested in learning more about BRM or intent on translating BRM from buzzword to established practice in your organisation, this book is an invaluable resource.
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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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2 of 3 people found the following review helpful
Excellent guide for all 16 April 2010
By Maddy
Format:Hardcover|Amazon 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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