Organizations struggle to implement the strategies they need to generate and sustain a competitive advantage due to dynamic approach. There is a need to ensure that investment in portfolios, programs, and projects leads to potential benefits but the common challenge is the appropriate tracking of the planned to the actual realization of benefits. Proper benefit register helps to correct this strategy misalignment by aligning portfolios, programs, and projects to the organization strategy.
New release from PMI with download open to the general public (for a limited time). Check out this introductory article from Peter Mello who was part of the SME Group (Subject Matter Expert) for the new PMI Practice Guide: Benefits Realization Management.
“Organizations face a variety of challenges when pursuing benefits. Categorizing these benefits not only helps to identify and group them but also guides organizations on how to effectively manage their realization”. (P.M.I, 2018)