Benefits Realization Management and Its Impacts on Project Success

Abstract

The objective of the study is to identify the influence of Benefits Realization Management practices on project success in the Pakistani construction industry and to reduce the gap between effective planning, project implementation, time overrun and cost overrun. This research consists of six stages, the data samples are collected through a questionnaire survey from the owner, consultant, and clients affected by the construction industry. The survey result identified first and inspect the elements that create time and increase costs in construction projects. To practice project management, the study is to start with a discussion that BRM can be integrated through -projects and programs to support successful organizational strategic goals. This will not only help the organizations to recover the success rates of their projects but also help the business to reap the business benefits. The success of construction projects depends on achieving goals and objectives within time and budget. The organization plays a major part in construction projects and appropriate measures should be proposed to minimize such errors. The major issues that management faces during projects are implementation, organization of workers, equipment, agendas, and money. The results are debated in the presence of the existing environment in Pakistan's public and private sector organizations respondents identified the -main causes of cost and time overruns. The main reasons behind the cost and time overrun were inflation, unexpected climate conditions like heavy rainfall, and design and work allowance during the project.