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===Benefits realization management=== {{Main|Benefits realisation management}} Benefits realization management (BRM) enhances normal project management techniques through a focus on outcomes (benefits) of a project rather than products or outputs and then measuring the degree to which that is happening to keep a project on track. This can help to reduce the risk of a completed project being a failure by delivering agreed upon requirements (outputs) i.e. project success but failing to deliver the benefits (outcomes) of those requirements i.e. product success. Note that good requirements management will ensure these benefits are captured as requirements of the project and their achievement monitored throughout the project. In addition, BRM practices aim to ensure the strategic alignment between project outcomes and business strategies. The effectiveness of these practices is supported by recent research evidencing BRM practices influencing project success from a strategic perspective across different countries and industries. These wider effects are called the strategic impact.<ref>{{cite journal|last1=Serra|first1=C. E. M.|last2=Kunc|first2=M.|year=2014|title=Benefits Realisation Management and its influence on project success and on the execution of business strategies|url=http://wrap.warwick.ac.uk/60436/|journal=International Journal of Project Management|volume=33|issue=1|pages=53β66|doi=10.1016/j.ijproman.2014.03.011|doi-access=free}}</ref> An example of delivering a project to requirements might be agreeing to deliver a computer system that will process staff data and manage payroll, holiday, and staff personnel records in shorter times with reduced errors. Under BRM, the agreement might be to achieve a specified reduction in staff hours and errors required to process and maintain staff data after the system installation when compared without the system.
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