Connecting Business Strategy and Project Management
Benefits realization management (BRM) is a powerful approach to help align projects, programs and portfolios to the company’s overarching strategy. While many companies have BRM processes in place, few practice it consistently. This report, written by The Boston Consulting Group (BCG), outlines ways to improve the maturity of BRM processes by focusing on the following priorities:
- Managing the project portfolio based on real strategic outcomes and value creation
- Creating dedicated space for dialogue among C-suite executives, business owners, and project managers right from the start of each project to secure alignment, assess projects, and course-correct as needed
- Establishing the right conditions for success, including setting expectations for required behaviors, having the right project managers in place, and securing senior-level sponsorship
Download the report to learn more.