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Benefits Realisation Management
Benefits Realization Management (BRM) (also benefits management, benefits realisation or project benefits management) is one of the many ways of managing how time and resources are invested into making desirable changes. Benefits Realization Management has four main definitions. The first definition is to consider benefits management as an organisational change process. It is defined as "the process of organizing and managing, such that the potential benefits arising from the use of IT are actually realized". The second definition perceives it as a process. Benefits management is defined by the Association for Project Management (APM) as the identification, definition, planning, tracking and realization of business benefits. The third definition is to apply this concept on project management level. Project benefits management is defined as "the initiating, planning, organizing, executing, controlling, transitioning and supporting of change in the organisation and its consequences as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Change Management
Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change. It includes methods that redirect or redefine the use of resources, business process, budget allocations, or other modes of operation that significantly change a company or organization. Organizational change management (OCM) considers the full organization and what needs to change, while change management may be used solely to refer to how people and teams are affected by such organizational transition. It deals with many different disciplines, from behavioral and social sciences to information technology and business solutions. As change management becomes more necessary in the business cycle of organizations, it is beginning to be taught as its own academic discipline at universities. There are a growing number of universities with research units dedicated to the study of organizational cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Association For Project Management
The Association for Project Management is a British professional organisation for project and programme management. It received a Royal Charter in 2017, and is a registered charity. It has over 37,500 individual and 550 corporate members, and is the largest professional body of its kind in the United Kingdom. The head office is in Princes Risborough in Buckinghamshire. It is the certification body in the United Kingdom for thInternational Project Management Association History The association was founded in 1972 as the UK branch of INTERNET, now the International Project Management Association. Weaver (2007) recalled, that: :"The UK branch of INTERNET (now the APM), was originated by the ‘pioneering seven’ whose meeting at an INTERNET (later IPMA) expert seminar in Zurich in 1971 inspired them to start a UK branch, which held its first meeting in London in May 1972. The first executive meeting on INTERNET(UK) was held in the lobby of the Sheraton Hotel, Stockholm on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project Management Institute
The Project Management Institute (PMI, legally Project Management Institute, Inc.) is a U.S.-based not-for-profit professional organization for project management. Overview PMI serves more than five million professionals including over 680,000 members in 217 countries and territories around the world, with 304 chapters and 14,000 volunteers serving local members in over 180 countries. Its services include the development of standards, research, education, publication, networking-opportunities in local chapters, hosting conferences and training seminars, and providing accreditation in project management. PMI has recruited volunteers to create industry standards, such as " A Guide to the Project Management Body of Knowledge", which has been recognized by the American National Standards Institute (ANSI). In 2012 ISO adapted the project management processes from the ''PMBOK Guide'' 4th edition. History In the 1960s project management as such began to be used in the US aerospa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project Management
Project management is the process of leading the work of a team to achieve all project goals within the given constraints. This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, and budget. The secondary challenge is to optimize the allocation of necessary inputs and apply them to meet pre-defined objectives. The objective of project management is to produce a complete project which complies with the client's objectives. In many cases, the objective of project management is also to shape or reform the client's brief to feasibly address the client's objectives. Once the client's objectives are clearly established, they should influence all decisions made by other people involved in the project – for example, project managers, designers, contractors, and subcontractors. Ill-defined or too tightly prescribed project management objectives are detrimental to decision-maki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Procurement
Procurement is the method of discovering and agreeing to terms and purchasing goods, Service (economics), services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as Government procurement, public procurement. Procurement as an organization, organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Organisations which have adopted a corporate social responsibility perspective are also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portfolio (finance)
In finance, a portfolio is a collection of investments. Definition The term “portfolio” refers to any combination of financial assets such as stocks, bonds and cash. Portfolios may be held by individual investors or managed by financial professionals, hedge funds, banks and other financial institutions. It is a generally accepted principle that a portfolio is designed according to the investor's risk tolerance, time frame and investment objectives. The monetary value of each asset may influence the risk/reward ratio of the portfolio. When determining asset allocation, the aim is to maximise the expected return and minimise the risk. This is an example of a multi-objective optimization problem: many efficient solutions are available and the preferred solution must be selected by considering a tradeoff between risk and return. In particular, a portfolio A is dominated by another portfolio A' if A' has a greater expected gain and a lesser risk than A. If no portfolio dominate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stakeholder (corporate)
In a corporation, a stakeholder is a member of "groups without whose support the organization would cease to exist", as defined in the first usage of the word in a 1963 internal memorandum at the Stanford Research Institute. The theory was later developed and championed by R. Edward Freeman in the 1980s. Since then it has gained wide acceptance in business practice and in theorizing relating to strategic management, corporate governance, business purpose and corporate social responsibility (CSR). The definition of corporate responsibilities through a classification of stakeholders to consider has been criticized as creating a false dichotomy between the "shareholder model" and the "stakeholders model" or a false analogy of the obligations towards shareholders and other interested parties. Types Any action taken by any organization or any group might affect those people who are linked with them in the private sector. For examples these are parents, children, customers, owners, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benefits Dependency Network
Benefit or benefits may refer to: Arts, entertainment and media * ''Benefit'' (album), by Jethro Tull, 1970 * "Benefits" (''How I Met Your Mother''), a 2009 TV episode * '' The Benefit'', a 2012 Egyptian action film Businesses and organisations * Benefit Cosmetics, an American cosmetics company * The Benefit Company, a Bahraini interbanking company Other uses * Benefit, Georgia, a place in the United States * Benefit (social welfare), provided by a social welfare program ** Federal benefits, provided by the United States federal government * Benefit (sports), a match or season of activities to boost a sports player's income before retirement * Benefit performance, a type of live entertainment which is undertaken for a cause ** Benefit concert, or charity concert * Employee benefits, non-wage compensation provided to employees ** Health benefits (insurance) See also * Entitlement * Health benefits (medicine) * Incentive * Incentive program * Loyalty marketing * Loyalty p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benefits Dependency Map
Benefit or benefits may refer to: Arts, entertainment and media * ''Benefit'' (album), by Jethro Tull, 1970 * "Benefits" (''How I Met Your Mother''), a 2009 TV episode * '' The Benefit'', a 2012 Egyptian action film Businesses and organisations * Benefit Cosmetics, an American cosmetics company * The Benefit Company, a Bahraini interbanking company Other uses * Benefit, Georgia, a place in the United States * Benefit (social welfare), provided by a social welfare program ** Federal benefits, provided by the United States federal government * Benefit (sports), a match or season of activities to boost a sports player's income before retirement * Benefit performance, a type of live entertainment which is undertaken for a cause ** Benefit concert, or charity concert * Employee benefits, non-wage compensation provided to employees ** Health benefits (insurance) See also * Entitlement * Health benefits (medicine) * Incentive * Incentive program * Loyalty marketing * Loyalty p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Results Chain
A result is the outcome of an event. Result or Results may also refer to: Music * ''Results'' (album), a 1989 album by Liza Minnelli * ''Results'', a 2012 album by Murder Construct * "The Result", a single by The Upsetters * "The Result", a song by Ennio Morricone from ''A Fistful of Dollars'' O.S.T. Other uses * ''Result'' (schooner), a schooner built in Carrickfergus in 1893 * Result, New York, a populated place in Greene County * Result (cricket) * ''Results'' (film), a 2015 film starring Guy Pearce and Cobie Smulders * Results (organisation), a US poverty advocacy organization founded 1980 See also * Result merchant, see Glossary of contract bridge terms#R * ''Results May Vary'', an album by Limp Bizkit 2003 * Causality * Find (other) Find, FIND or Finding may refer to: Computing * find (Unix), a command on UNIX platforms * find (Windows), a command on DOS/Windows platforms Books * ''The Find'' (2010), by Kathy Page * ''The Find'' (2014), by William Hope Hodgso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Case
A business case captures the reasoning for initiating a project or task. It is often presented in a well-structured written document, but may also come in the form of a short verbal agreement or presentation. The logic of the business case is that, whenever resources such as money or effort are consumed, they should be in support of a specific business need. An example could be that a software upgrade might improve system performance, but the "business case" is that better performance would improve customer satisfaction, require less task processing time, or reduce system maintenance costs. A compelling business case adequately captures both the quantifiable and non-quantifiable characteristics of a proposed project. Business cases can range from comprehensive and highly structured, as required by formal project management methodologies, to informal and brief. Information included in a formal business case could be the background of the project, the expected business benefits, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
