Over the last couple of decades, massive projects have been undertaken to transform organizations, reengineer business processes, setup or upgrade infrastructure and technology. The success of these ventures has been far from assured, and a variety of risks have been identified. One is project delivery risk: only 64% of projects undertaken by organizations were successful, as per the PMI-Pulse survey of 2015. Another major risk is failure to generate business results or impact the core measures of business performance, such as profit margins, return on assets, and return on investments: only one in five organizations reports having a high level of benefits realization maturity, according to PMI® statistics.
However, in today’s complex economic and business environment, organizations are increasingly focused on optimizing or rightsizing their operations and investments to reduce costs, de-risk and maximize benefits. There is increased pressure on organization leadership to be accountable for investments in infrastructure, technological change and business transformation. The challenge lies in not just completing projects (on time, within budget, and meeting technical objectives), but also delivering business results as well.
The one-day program on ‘Benefits realization’ will help organization/sponsors and project professionals meet this challenge by introducing them to an integrated approach, processes and tools that will enable successful delivery of projects leading to sustainable business results.
Introduce participants to:
An understanding of Benefits realization processes and tools will enable participants to:
Mr. Sudhir Swamy