Live Webinar – May 10th 2016 7:30 am – 8:30 am EDT
Live Webinar – May 10th 2016 12:30 PM – 1:30 PM BT
Duration: 1 hour webinar Credits: 1 PDU Category B – Free PDU
Sponsored by: Association for Project Management – APM

Now 25 years since the emergence of Benefits Management, it has had a limited impact on project management and even less on general management practices.

This is despite a  body of evidence that a focus on benefits improves the success rates of projects and programmes and helps organisations to achieve their objectives.

This event is suitable for professionals with an intermediate level of experience.

The webinar will explore the development of Benefits Management over the 25 years and debate the barriers to its adoption and embedding in organisational practices.

While Benefits Management has spread globally, the available evidence suggests that relatively few organisations embrace it wholeheartedly.

There are many reasons why this might be the case, ranging from the connotations of the term ‘benefits’ to discomfort amongst senior decision-makers at the increased accountability, transparency and formality which Benefits Management brings to the evaluation of investment decisions.

The webinar will use interactive methods to see what participants think are the main barriers to the adoption of Benefits Management, and what can be done to address them.

For anyone who is an enthusiast for Benefits Management and wishes to promote its uptake, the webinar will provide vital intelligence on others’ experiences, and hence suggest some of the pitfalls to avoid and the avenues to pursue.

This will often mean striking a balance between, on the one hand, being willing to adapt benefits management so it fits into existing organisational practices and ways of thinking while, on the other hand, not compromising on the key principles.

While the focus of the webinar is on Benefits Management, much of the discussion will be transferable to other management ideas as well. Hence anyone with an interest in the spread of management tools and techniques will find it relevant.

The presenters draw upon a paper they co-authored with Stephen Jenner (LinkedIn profile)  and Carlos Serra (LinkedIn profile)  on the adoption and embedding of Benefits Management, entitled, ‘Benefits Management: lost or found in translation’, which has recently been published in the International Journal of Project Management, and which will also be the subject of a practitioner-orientated article in the Summer 2016 edition of ‘Project’ magazine.

Presenters:

Dr Richard Breese, (LinkedIn profile) DBA, Senior Lecturer, Sheffield Business School, Sheffield Hallam University After a career in town planning and regeneration programme management, Richard joined Sheffield in 2009. In this work Richard was concerned with achieving benefits for disadvantaged communities, and reflections on this experience led to his current  research in Benefits Management and organisational change. Richard is the Higher Education representative on the APM Benefits Management SIG committee. Richard also leads the SIG on research interests, which include an annual survey of members and the promotion of benefits management in management research and education.

John Thorp, (LinkedIn profile) President, The Thorp Network Internationally recognized leader in the field of value and benefits management, with 50+ years experience as a management consultant in the information management field; John is the author of ” The Information Paradox: Realizing the Business Benefits of Information Technology”, one of the first books to set out a comprehensive approach to benefits management. John led the development of ISACA’s Val IT™ Enterprise Value Framework, is a member of ISO’s subcommittee on IT Service Management and IT Governance, the APM Benefits Management SIG committee, a Fellow of the Innovation Value Institute (IVI), and a member of IVI’s Business Value Management (BVM) workgroup.

PDU Category B (PMBOK 5) documentation details
Process Groups: Executing
Knowledge Areas: 4 – Integration

• 4.1 Develop Project Charter
• 4.2 Develop Project Management Plan

As a Category C “Self Directed Learning Activity” remember to document your learning experience and its relationship to project management for your “PDU Audit Trail Folder”

Click to register for:
Benefits Management:
It Works, So Why Isn’t Everybody Doing It?