What’s its purpose?
The purpose of the Benefits Realisation Management (BRM) Framework is to provide:
- a framework of best practice principles and concepts drawn from latest experiences and proven practice in setting up and managing programs that is transferable across NSW agencies.
- a standard approach for benefits realisation management for anyone not familiar with the subject matter, including program directors and managers, change managers project managers, business analysts and program management office (PMO) staff across NSW Government
- a consistent terminology & benefits categorisation
- an introduction and guidance for program sponsors and business benefit owners.
Who is the Benefits Realisation Management Framework for?
- those interested in benefits realisation within agencies, enabling them to adapt and tailor the guidance to their specific needs
- strategy groups, operational business areas and program/project teams
- PMO practitioners; improving their decision making and implementing change
- individual BRM practitioners and business benefit owners.
What is in it for me?
The Benefits Realisation Management Framework can help to:
- build a business case
- focus attention on the most important benefits
- improve communications with stakeholders by providing measures for planned changes
- improve the chances of successful business change by focusing on final outcomes
- identify, manage and mitigate the risks associated with the realisations of the benefits
- provide input for Post Project Implementation Reviews.
A number of templates have been developed to support the framework.