Published 06 Sep 2017
To take Bill Clinton strategist James Carville’s famous quotation and apply it to the world of project management: “It’s the benefits and value, stupid!” But as Dr. Harold Kerzner of IIL revealed in a recent AXELOS webinar , 70% of companies fail to achieve the bene...
Methodologies|Project management|Requirements|Roles|Strategic objectives|Value
Published 18 Aug 2020
In this blog, Alexei Kuvshinnikov , an accredited PRINCE2® 6th edition trainer with 20+ years of international project management experience, explains how to include intangible benefits in the Benefits Management Approach. Project benefits can be tangible or intangibl...
Benefits realization|PRINCE2|Project management|Project planning
Published 08 May 2018
For many project managers, their role in Benefits Realization is viewed as 'not my job' or out of scope for their role. This attitude will be the death of the 'old school' project manager in a world that is much more socially conscious and holds people accountable for the...
Agile|Benefits realization|Business Relationship Management|ITIL|Methodologies|PRINCE2|Project management|Value
Published 14 Feb 2018
Are you getting the very best from your PRINCE2 ® best practice knowledge? Sometimes, it’s useful to have a handy reminder of the key points you need to think about at any stage in a PRINCE2 project. My AXELOS has created a series of templates covering the bre...
Benefits realization|Change management|PRINCE2|Project management|Requirements|Roles
Published 03 Oct 2017
What is effective project and programme governance and why is it important to define and establish governance arrangements for success and the realization of benefits? T he focus of many organizations , particularly in the public sector, is how to reduce the cost of opera...
Behaviour|Project and Programme Management (PPM)|Requirements|Roles|Stakeholder management
Published 24 Nov 2017
A project doesn’t end with delivery but with the realization of its benefits to the business. So why is corporate strategy still not being fully communicated to the project team and what steps need to be taken to ensure that it is? Without a clear understanding of corpora...
Communication|Frameworks|PRINCE2|Project management|Strategic objectives|Strategy execution
Published 21 Apr 2020
What is the importance of detailing the benefit profile of a change programme? At a time of significant change – such as now, when organizations’ entire business or operating models could be transformed in response to the Covid-19 pandemic – benefit is everything. It is ...
Behaviour|Benefits realization|MSP|Programme management|Project and programme delivery|Project and programme management (PPM)|Roles|Stakeholder engagement|Strategy execution
Published 12 Feb 2020
Management of Portfolios (MoP ® ) introduced the concept of ‘ clear line of sight’ , a technique that seeks to ensure a transparent chain is continually demonstrated from strategic intent through to benefits realization. That is, a clear understanding of the positive cont...
Benefits realization|MoP|Portfolio management|Project and programme management (PPM)|Strategic objectives|Vision
Published 27 Mar 2020
How do you decide when to continue with a project – even when it’s horribly late and over budget – or when to stop it altogether? The new Berlin airport , for example, is scheduled to finally open this year, after its original opening date in 2007 was repeatedly delayed, co...
Benefits realization|Budgets|PRINCE2|Project and programme delivery|Project and programme management (PPM)|Project management|Project planning|Requirements
Published 30 Nov 2018
How does an organization instil the required discipline to align portfolios and hold itself to account? Step 1: Business forecast New market opportunities drive strategic change . This means the first step should be to look at what kind of an organization you need to b...
Benefits realization|Business information management|Portfolio management|Programme management|Project and programme management (PPM)|Project management|Strategic objectives|Strategy execution
Published 27 Aug 2019
There is often rigorous debate about whether an initiative should be categorized as a portfolio, a programme or a project. However, adopting any methodology needs to be appropriate for the level of change required as each portfolio, programme and project methodology or produc...
Methodologies|MoP|MSP|Portfolio management|PRINCE2|Programme management|Project and programme management (PPM)|Project management|Project management office
Published 21 Jun 2018
With continuing digital disruption, customer-focused organizations today more than ever need a portfolio-centred approach to both strategic planning and product delivery. An effective P3O model for any organization therefore seeks to build on, and better coordinate, the cont...
Portfolio Management|Project planning|Strategy execution
Published 10 Aug 2018
The discipline of project management is evolving rapidly, but what does this mean for the project manager? Lisa Hodges, principal consultant at Cornerstone Service Management, explains why the future belongs to project manager 2.0. At a recent conference one of my fello...
Agile|Benefits realization|Collaboration|Communication|PRINCE2|Project management|Skills
Published 16 Aug 2016
ITIL ® and ISO/IEC 20000, the international standard for service management, have enjoyed a long and mutually supportive relationship. ISO/IEC 20000 is currently being revised for the third time, with an increased focus on Service Integration (SIAM), governance and manag...
Governance|IT Service Management (ITSM)|ITIL|Processes|Requirements|Value
Published 19 May 2017
Sue Taylor examines the importance of the blueprint in programmes and within AXELOS’ Managing Successful Programmes (MSP ® ) best practice guidance. By implementing change through a programme , an organization is trying to achieve a better future. That starts with a pr...
Capabilities|MSP|Programme management|Project and programme delivery|Requirements|Vision
Published 13 Feb 2019
With the digital disruption of markets, regulation and a need to maintain competitive edge creating a vision of a future organization, along with having an effective vehicle to deliver that, is absolutely crucial today. Organizations may achieve good project management pr...
MSP|PRINCE2|Professional development|Programme management|Project and programme delivery|Project and programme management (PPM)|Project management
Published 22 Sep 2017
In the world of best practice frameworks there is a risk that people jump on the latest thing, believing a particular framework is the answer to all their problems. As a species it seems we chase the one, universal quick-fix that doesn’t exist! As an expert who’s been worki...
Published 17 Sep 2018
Digital transformation offers organizations the potential to compete, stay relevant and reduce the cost of delivering services to customers and running business processes. IT service management (ITSM) provides a structured process, approach and common language along wit...
Benefits realization|Digital transformation|Governance|IT service management (ITSM)|ITIL|Processes|Training
Published 16 Jun 2017
AXELOS’ research project – The Future Project Management Professional – found that project managers’ roles will evolve to become more strategic within their organizations. In fact, 90% recognized the need for a much stronger strategic vision that aligns with the overa...
Capabilities|CPD|MSP|PRINCE2|PRINCE2 Agile|Project management|Strategy execution|Value
Published 30 Aug 2019
I first discovered PRINCE2 ® when I moved to the UK from the United States and, I can honestly say, it was an eye-opener. It both reinforced the project management theories explored in my early training years and provided guidance on how to use them. Instead of guessing ...
Benefits realization|Governance|PRINCE2|Project management|Project management office|Training
Published 10 Dec 2019
Managing IT assets has been a natural part of business for decades: where is the asset? What are you paying for it and from whose budget? From the service management perspective of “ providing value through technology services ” we rely on the assets to deliver the technolog...
Benefits realization|IT service management (ITSM)|IT services|ITIL 4|Service catalogue|Service management|Value
Published 28 Nov 2018
You may have heard about our latest guidance AgileSHIFT and wondered, what makes it different from other Agile products. After all, there are a lot of methods, methodologies and approaches that carry the name ‘Agile’, so why do we need another one? Well, the thing is, Agile...
Agile|AgileSHIFT|Benefits realization|Best practice|Customer needs|Methodologies
Published 04 Nov 2019
How did a not-for-profit organization – set up in 2008 to bring quality education to rural Uganda – achieve 1,000 students enrolled in three schools employing 100-plus staff in just over 10 years? And what lessons can this teach us about running successful projects and progr...
Benefits realization|Communication|Problem management|Programme and project delivery|Project and programme management (PPM)|Project management|Vision
Published 16 Feb 2018
Complex projects are characterized by a huge variety of inputs and this creates a challenging environment in which to make decisions. As human beings, we are naturally biased and often go on “gut feel”. This is fine if you are being chased by a lion, but in the complex worl...
Behaviour|Benefits realization|Project management|Project planning|Roles|Strategic objectives
Published 23 Oct 2017
Steven Deneir – a project, programme and portfolio management trainer and coach with 20+ years’ experience – highlights his top four tips to agile project management success and reiterates the importance of ongoing learning and certification in approaches such as PRINCE2 ®...
Agile|Behaviour|PRINCE2|PRINCE2 Agile|Project management|Value