I want to argue why I believe Benefits Management is a missing knowledge area from so much of Project Management.
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Domains of knowledge, expertise, and practice that are not adequately covered by traditional Project Management methodologies like the PMI’s PMBOK Guide, the APM’s APMBoK, or PRINCE2.
Indeed, I wrote an article called: ‘Project Management Knowledge Areas: How Many Are There? [Not 10]’
But there is one that I rate as absolutely crucial. And I think it’s an embarrassment that we see so little evidence of it in Project Management thinking: Benefits Management.
The idea of Benefits Management and the tools that we can use have been around since the mid-1990s. At that time, we saw Benefits Management as an aspect of Program Management – not of Project Management.
That’s what we argued then.
And I believed it was 100 percent true.
It’s time for Project Managers to focus on Project Benefits Management and Benefits Realization. This will be a differentiator for the next few years.
Some Project Managers will focus delivery of stuff. And others will see that as a mere step towards realizing benefits. And, guess what? Which one of those project manager alternatives would you employ for your critical business project? I have just launched a brand new course.
The standard price is US$57 (+ any local taxes). Until the end of February, there is a substantial launch discount of $30 (Pay only $27).
I asked Project Managers in a couple of forums what material things you need to have, to do your job as a Project Manager. They responded magnificently. I compiled their answers into a Kit list. I added my own.
Note that the links are affiliated.
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Dr Mike Clayton is one of the most successful and in-demand project management trainers in the UK. He is author of 14 best-selling books, including four about project management. He is also a prolific blogger and contributor to ProjectManager.com and Project, the journal of the Association for Project Management. Between 1990 and 2002, Mike was a successful project manager, leading large project teams and delivering complex projects. In 2016, Mike launched OnlinePMCourses.
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