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Project Benefit Realisation and Project Management - The 6Q Governance Approach (Paperback)
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Project Benefit Realisation and Project Management - The 6Q Governance Approach (Paperback)
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PROJECT BENEFIT REALISATION AND PROJECT MANAGEMENT Dispels the
confusion between project management success and project success,
showing how project sponsors can govern their projects to succeed
in delivering the strategic benefits originally envisaged Project
management success does not automatically lead to project success.
Many large projects fail to live up to expectations, with between
half and two-thirds of large projects either failing to deliver or
delivering few strategic benefits. Traditional project management
resources focus on delivering a project on time and on budget, yet
they fail to supply top managers, many of whom find themselves in
the role of accidental project sponsors, with guidance on how to
govern their projects to succeed. Project Benefit Realisation and
Project Management: The 6Q Governance Approach bridges the strategy
to performance gap by providing boards, senior managers and project
sponsors with the six critical questions necessary to diagnose the
health of any project. Presenting a systematic framework developed
from research cases of successful and unsuccessful projects in
various types of organisations, this practical guide enables those
in top management to determine if their strategy or policy is on
track and to assess whether a project is likely to deliver the
expected benefits. The text features real-world examples
illustrating how concepts can be applied to different types of
projects in engineering, construction, information technology,
business transformation and many others. This must-have guide is
designed to help top managers and other stakeholders: Clarify the
link between business outcomes, benefits, and strategy to evaluate
where effort should be directed Assess how much behavioural change
is required to effectively implement strategy and realise desired
benefits Select a project sponsor committed to influencing key
stakeholders to make necessary changes and intercede to resolve
issues as they arise Establish how success will be measured before
a project begins, to gauge sponsor commitment and ensure project
goals are not changed to match whatever is achieved Ask if the
right culture is in place to ensure all relevant information is
being reported Determine teams' ability to adapt and change plans
in response to issues arising in the project Monitor if the project
is on track to realising the benefits and have a process in place
to cancel failing projects Project Benefit Realisation and Project
Management: The 6Q Governance Approach is an indispensable volume
for board members, project sponsors, project advisors and those in
senior positions who find themselves in the role of accidental
project sponsors.
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