IRP Benefits Realization Management
Giving visibility into UBC’s progress towards achieving IRP benefits
Workday is not solely a technology investment, but rather a broader people, process, and technology transformation. In 2017, the Integrated Renewal Program (IRP) introduced a Benefits Realization Management (BRM) framework to identify goals and ensure that Workday delivers benefits to UBC.
The BRM framework takes a structured approach to program success, ultimately measuring the high-value desired outcomes and benefits that units and departments across UBC achieve using our new systems and processes.
- Identifying and agreeing to the specific outcomes to achieve that are most valuable to stakeholders and to realize the desired benefits.
- Defining simple, effective, and reasonable ways to measure those outcomes.
- Capturing the baseline, multi-year target(s), and post-implementation values of the outcome measurements.
- Communicating progress and success, and taking action when not on track.
- Facilitating ongoing measurement of outcomes, realization of benefits, and continuous improvement.
The heart of the BRM framework centers on selecting the right outcomes and measures. Following go-live, the BRM Dashboard and Scorecards give visibility into how the university is progressing towards achieving IRP benefits. Some outcomes are realized immediately while others require ongoing, long-term measurement, adoption, and improvement across UBC.
BRM Dashboard
The BRM Dashboard and Scorecards give visibility into how the university is progressing towards achieving IRP benefits.
Frequently Asked Questions about Benefits Realization Management (BRM)
What is Benefits Realization Management (BRM)?
Benefits Realization Management (BRM) provides organizations with a way to measure how projects and programs add value to the organization. Ultimately answers “What is the project or program wanting to achieve?”.
How are benefits realized?
Benefits are achieved by projects creating outputs, which build (or enhance) capabilities, which (with change management support) transition into outcomes that serve the purpose of realizing benefits for the organization.
When are benefits realized?
Realization of the full set of benefits and outcomes may not happen until long after the final project or program has been implemented. Some outcomes are realized immediately at go live with new capabilities and achievements. Other outcomes are longer term before benefits can be realized. Longer term outcomes require ongoing measurement of multi-year targets, adoption through behavior change, and other improvement actions across the organization.
How was UBC’s BRM Framework developed?
UBC’s Benefits Realization Management (BRM) framework was developed during the Integrated Renewal Program (IRP) and is based on a model from the United Kingdom called Managing Successful Programmes (MSP) Edition 2011. Benefits management is at the heart of program management: programs are primarily driven by the need to deliver benefits. Undertaking benefits management allows programs to structure their efforts towards delivering benefits and mitigate any threats to achieve program success.
Need Help with IRP Benefits Realization?
Question? Get specific help by contacting the Transformation & Strategy.
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