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The challenges in embedding Benefits Realization in the project management process can be numerous. Firstly, it requires a clear understanding of the project's objectives and the expected benefits. This can be difficult if the objectives are not well-defined or if there is a lack of clarity about the expected benefits. Secondly, it requires a systematic approach to tracking and measuring the realization of these benefits, which can be challenging if there are no established processes or tools in place. Thirdly, it requires the involvement and commitment of all stakeholders, which can be difficult to achieve if there is a lack of communication or alignment. Lastly, it can be challenging to embed Benefits Realization in the project management process if there is a lack of training or understanding about its importance and how it should be implemented.
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Achieve your project deliverables and track your progress with our Project Management Toolbox. Designed to be used by both Project Managers and team m...
Microsoft Powerpoint
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60% of project managers report that they always apply a defined project methodology 55% of respondents say they do not have access to real-time project Key Performance Indicators (KPIs) 66% of all project schedules are baselined 51% of project managers claim that Benefits Realization is the most difficult project management process to embed 85% of high-performing businesses have put in place a proper project management training program 71% of organizations always, often or sometimes use agile techniques for their projects. And the top agile methods employed by organizations include (58%), scrum/XP Hybrid (10%), custom hybrid (8%), scrumban (7%) and, finally, (5%) 60% of organizations manage projects within a standardized portfolio structure 29% of projects do not undertake change management initiatives 25% of Project Management Offices (PMOs) are highly effective in facilitating change in organizations 80% of high-growth organizations have a PMO, and 72% of these organizations claim...
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