breakout session overview
This presentation will explore the Benefits Realization process, which starts with identifying the intended project benefits at the project proposal stage and ends with a post-implementation measurement to see if what the project delivered matched the expectations. Early identification and quantification of expected project benefits provides valuable information that can also be used in the project selection process. As project implementation progresses, changes to project benefits should be managed through the Change Control process, in the same manner that changes to scope, budget and schedule are managed.
Organizations today continue to be pressured to do more with fewer resources (people, time and dollars), so it is essential that companies learn to develop and implement a Benefits Realization process that clearly quantifies the expected project costs and benefits, as well as the benefit delivery timeframe.
Attendees will learn that by making a few key changes to your project management methodology, you will drive the organization to focus on the project benefits. The result will be an improved organizational ability to compare and select projects for implementation, as well as a clearly documented expectation of how the organization will benefit from doing the project.
Using a Lessons Learned approach to Benefits
Realization will enable organizations to use the findings to make changes to
its project management methodology to ensure better outcomes in future
projects.
Ruth Anne Guerrero, MBA, PMP is the VP, Portfolio Management Office (PMO) at the Amerihealth Mercy Family of Companies. She has a broad background in project management, with particular expertise in establishing and managing PMOs.
She was the Standards Manager at the Project Management Institute (PMI) managing thousands of volunteers from around the world collaborating on virtual teams to develop new and updated project management standards including new editions of the PMBOK® Guide, Organizational Project Management Maturity (OPM3®), The Standard for Program Management and The Standard for Portfolio Management.
Ruth Anne is now President-Elect of the PMI Delaware Valley Chapter.
Ruth Anne has also worked at JPMorgan Chase Cardmember Services as VP responsible for the Project Management Center of Excellence (COE), a project office and competency development center that supported project managers worldwide. She has a proven track record in standardizing project management processes and promoting ways that the project management discipline can help organizations improve project execution, thereby enabling the attainment of their strategic business goals.
