Pereira Diamond - Benefits Realization Management

Authors

  • Leandro Ferreira Pereira ISCTE Business School WINNING LAB Portugal
  • Carlos Jeronimo ISCTE Business School WINNING LAB Portugal
  • Alvaro Dias Universidade Lusófona ISCTE Business School Portugal
  • Renato Costa ISCTE Business School BRU-Business Research Unit Portugal

DOI:

https://doi.org/10.19255/JMPM02702

Keywords:

Benefits Realization Management, Project Benefits, Business Case, Decision Making

Abstract

The development and needed of new projects created new forms of business which are a key asset to provide competitive advantage. This research paper presents a new and disruptive model to assist business managers and decision-makers to make better decision of investment projects. This model provides a methodology and principles to assist organizations estimating and evaluating their projects benefits to apply in different Business Case´s, namely for projects with economic and social impacts from different business areas. This model can be applied from several organizations (private sector, public sector or NGO) which may aim to leverage business value or generate more social value. In this case, this model has been applied to several companies from different organizations. The results obtained have provided, to the different companies from the different sectors, a great efficiency based in the model and its predictive power. Thus, this model is able to provide several benefits.

Author Biographies

  • Leandro Ferreira Pereira, ISCTE Business School WINNING LAB Portugal

    PhD in Project Management
    Professor at ISCTE Business School
    CEO of WINNING Scientific Management

  • Carlos Jeronimo, ISCTE Business School WINNING LAB Portugal

    PhD in Business Administration
    Professor at ISCTE Business School
    Partner at WINNING Scientific Management

  • Alvaro Dias, Universidade Lusófona ISCTE Business School Portugal

    Ph.D. in Management and MBA in International Business
    Professor at ISCTE Business School
    Professor at Universidade Lusofona

  • Renato Costa, ISCTE Business School BRU-Business Research Unit Portugal

    Ph.D. in Management
    Professor at ISCTE Business School

References

A Guide to Social Return on Investment, (2009). Society Media

Arvidson et al. (2010). The Ambitions and Challenges of SRO. TSRC Working Paper, pp. 49, pp. 9-10.

Ashurst, C., Doherty N. F. & Peppard, J., (2008). Improving the impact of IT development projects: the benefits realization capability model’, . European Journal of Information Systems,, 17, pp. 352–370.

Australian Government (2009). Gateway Review Process – Department of Treasury and Finance: State Government: Victoria – Australia.

Awad, M., Kiesse, T., Assaghir, Z., Ventura, A. (2019). Convergence of Sensitivity analysis methods for evaluating combined influences of model inputs. Reliability Engineering & System Safety, 189, 109-122

Basile, F. (1996). Great management ideas can work for you . Indianapolis Business Journal, pp. Vol.16, 53-54.

BCBOK® (2015). A Guide to the Business Case Body of Knowledge of Knowledge. BCI (Business Case Institute): http://www.businesscaseinstitute.org/bcbok-standards/what-is-a-business-case

European Commission. (2008). Guide to Cost Benefit Analysis of Investment Projects: DG Regional Policy. Brussels: European Commission.

Gair, C. (2009). SROI Act II: A Call to Action for Next Generation SROI. pp. REDF pp. 6-7.

Gargani, John. (2017). The leap from ROI to SROI: Farther than expected?. Evaluation and Program Planning, 64, 116-126.

Juran, J. (2001). The non-Pareto principle; mea culpa. Retrieved from The Juran Institute: www.juran.com/research/articles/ sp7515.html

Krishnamoorthi, S., & Mathew, S. K. (2018). Business analytics and business value: A comparative case study. Information & Management, 55(5), 643-666.

Mcvey, M. (2014). Head of Learning and Development. BABOK Guide. http://www.iiba.org/ba-connect/2013/march/how-to-define-business-case-babok-guide.aspx. Consulted on May 2015.

Millar & Hall, (2012). Social Return on Investment (SROI) and Performance Measurement. Public Management Review, p. DOI:10.1080/14719037.2012.698857 p.12.

Müller, R. & Turner, R., (2007). The influence of project managers on project success criteria and project success by type of project. European Management Journal, 25, pp. 298–309.

National Audit Office. (2003). The Green Book: Appraisal and Evaluation in Central. HM Treasury Department: London, Government of UK. Retrieved from https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/220541/green_book_complete.pdf

Pereira, L.; Santos, J. (2020). Pereira Problem Solving. International Journal of Learning and Change. Vol. 12, No. 3, 274-283.

Phillips, J. (2011). Questions about ROI in today's climate. Magazine HR Poland: ROI Institute publications and articles.

PMBOK® (2017), A Guide to the Project Management Body of Knowledge. Project Management

Trembly, M. (2019). Pareto price discrimination. Economics Letters, 183.

ROI Institute (2008). Return on Investment Methodology. ROI Institute, Inc.

Rodrigues, V., Pigosso, D., McAloone, T. (2019). Business cases for ecodesign implementation: a simulation-based framework. Journal of Cleaner Production, 234, 1045-1058

Sharma, K., Seal, A. (2019). Modeling uncertain data using Monte Carlo integration method for clustering. Expert Systems Applications, 137, 100-116

Schmidt, M. J., (2009). Business Case Essentials: A Guide to Structure and Content. Boston: Solution Matrix ltd.

Social Return on Investment Position. (2010). 2.

Social Value UK (2016): http://socialvalueuk.org/what-is-sroi

Yates, B., Marra, M. (2017). Introduction: Social Return On Investment (SROI).

Evaluation and Program Planning, 64, 95-97

Zwikael, O & Smyrk, J. (2012). A General Framework for Gauging the Performance of Initiatives to Enhance Organizational Value. British Journal of Management, Vol. 23, S6–S22.

Downloads

Published

2022-05-20

How to Cite

Pereira Diamond - Benefits Realization Management. (2022). The Journal of Modern Project Management, 9(2). https://doi.org/10.19255/JMPM02702

Similar Articles

1-10 of 477

You may also start an advanced similarity search for this article.

Most read articles by the same author(s)