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Sunday 15 September ,2019

The National Archives hosts a lecture on “Benefit Realization Management” organized by the Project Management Institute

The National Archives hosts a lecture on "Benefit Realization Management" organized by the Project Management Institute

The National Archives hosted at its headquarters in Abu Dhabi a lecture organized by the Project Management Institute - Arabian Gulf Branch, entitled: "Benefits Realization Management".

The Sheikh Khalifa Bin Zayed Hall at the National Archives headquarters was attended by more than 100 participants from the United Arab Emirates and abroad to follow the lecture on “Benefits Achievement Management”, which took a strategic and economic turn.

Dr. Mazen Qader, Director of Volunteers at the Project Management Institute, thanked the National Archives for hosting the institute’s activities, and its interest in supporting logistical, economic and technical projects that enrich thought and ensure achievement, improve and develop work, which reflects positively on participation in the nation’s development and upgrading.

The Director of Volunteers praised the role played by the Institute, as it aspires through its partnership with the National Archives in such events to disseminate knowledge, activate practical and strategic thinking, and the interactive method followed by the lecturer, in which he relies on discussion to reach constructive and fruitful ideas. 

Lecturer Ahmed Fekry, a member of the Project Management Institute, indicated that the benefits to be achieved are not limited to material benefits only, but rather go beyond the satisfaction of customers, the reputation of the institution and others, and the lecturer revealed the importance of the topic of the lecture, which was adopted by the Project Management Institute only a year ago as an economic and strategic approach It should be focused and taught in order to ensure the success of projects that depend mainly on the benefits it achieves.

The lecture touched on an old topic in its content, but new in its presentation and methodology. Since ancient times, the owners of projects have been looking to make a profit from them, but achieving profit benefits no longer depends on expectations, but has become a specialized study that cannot be bypassed. Because it contributes to determining the company's ability to survive, and the increase in profit indicates the continued success of the company in the future.

The lecturer shed light on how to determine the benefits of the project, and ensure that the benefits are realized in order to obtain the best investment from the cost spent on it. Pointing out that after the financial crisis that hit the global markets in 2008, those in charge of the projects became more accurate, and they are interested in the economic methodology, and they are investigating the benefits that can be achieved, and they are looking into the feasibility of their projects in order to increase the profits and the desired benefits.

At the end of the lecture, Ms. Samar Omar Al-Mashjari, Director of Projects Management in the Abu Dhabi Emirate branch, honored the lecturer and all the volunteers who contributed to the success of the event.

It is noteworthy that the "Benefit Management" lecture coincided with the fiftieth anniversary of the founding of the Project Management Institute, which has more than 500,000 members worldwide.