Serra, Carlos Eduardo Martins and Kunc, Martin (2015) Benefits realisation management and its influence on project success and on the execution of business strategies. International Journal of Project Management, 33 (1). pp. 53-66. doi:10.1016/j.ijproman.2014.03.011 ISSN 0263-7863.
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Abstract
Business strategies, which imply organisational change, usually require the development of projects, e.g. IT projects. However, organisations fail in implementing their strategies even though they employ project, programme and portfolio management techniques. Benefits Realisation Management (BRM) is a set of processes structured to close the gap between strategy planning and execution by ensuring the implementation of the most valuable initiatives. However, there is no empirical evidence of its effectiveness. This paper presents the results of a survey to practitioners in Brazil, United Kingdom and United States evaluating the impact of BRM practices on project success rate. Our results show BRM practices being positive predictors to project success on the creation of strategic value for the business. Therefore, these results suggest that BRM practices can be effective to support the successful execution of business strategies.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor |
| Divisions: | Faculty of Social Sciences > Warwick Business School > Operational Research & Management Sciences Faculty of Social Sciences > Warwick Business School |
| Library of Congress Subject Headings (LCSH): | Strategic planning, Project management |
| Journal or Publication Title: | International Journal of Project Management |
| Publisher: | Elsevier |
| ISSN: | 0263-7863 |
| Official Date: | January 2015 |
| Dates: | Date Event January 2015 Published 30 April 2014 Available 13 March 2014 Accepted |
| Volume: | 33 |
| Number: | 1 |
| Page Range: | pp. 53-66 |
| DOI: | 10.1016/j.ijproman.2014.03.011 |
| Status: | Peer Reviewed |
| Publication Status: | Published |
| Access rights to Published version: | Open Access (Creative Commons open licence) |
| Date of first compliant deposit: | 27 December 2015 |
| Date of first compliant Open Access: | 27 December 2015 |
| URI: | https://wrap.warwick.ac.uk/60436/ |
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