Benefits realization management (BRM), also benefits management, benefits realisation or project benefits management, is a project management methodology, often visual, addressing how time and resources are invested into making desirable changes.
BRM is used to manage the investment by organizations in procurement, projects, programmes and portfolios, and has been shown to increase project success across different countries and industries[1] (although see:[a]).
The popularity of BRM began in 1995 in the UK, when Scottish Widows created a Benefits Realisation method[3] as part of its Project Management Handbook, and rolled its use out across the entire firm. It grew in the UK with the inclusion of BRM by the UK Government in their standardized approach to programmes, Managing Successful Programmes (MSP).[4]
^Cite error: The named reference dx.doi.org was invoked but never defined (see the help page).
^Project Management Institute, Pulse of the Profession, PMI, Newtown Square, PA, 2014. http://www.pmi.org/Learning/Pulse.aspx
^OGC (2003) Managing Successful Programmes, London, The Stationery Office.
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