Project Management

Managing Benefits™ Foundation/Practitioner

This powerful workshop covers the total benefits life cycle and the essential processes.

Duration 4 Days
Fee - Virtual Instructor-Led Contact ALC + GST
Exam Online Exam in Class
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Overview

The reason organisations invest in change is to realise benefits. Despite this, evidence suggests 80% of projects fail to meet their planned objectives. This Managing Benefits training and certification scheme aims to help address this problem – providing guidance on how to best identify benefits at the beginning of a project to ensure during the implementation process that the benefits are realised and sustained post project.

The purpose of the Managing Benefits™ guidance and certification scheme is to provide managers and practitioners from multiple disciplines, working in a variety of organisations, with generally applicable guidance encompassing benefits management principles, practices and techniques.

Benefits are not simply just one aspect of project and programme management (PPM) – rather, they are the rationale for the investment of taxpayers’ and shareholders’ funds in change initiatives.

Our Trainers Make the Difference

Kim Riordan

Kim has over 30 years experience including over 15 years at senior/executive management level in a variety of medium to large organisations, managing geographically dispersed teams of 100+ staff.
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Learning Outcomes

Foundation level aims to measure whether a candidate understands the benefits management principles, practices, techniques, roles, responsibilities and documents, specifically to know and understand the:

Definitions, scope and objectives of benefits management, barriers to its effective practice, and the key success characteristics
Principles upon which successful approaches to benefits management are based
Five practices contained within the Benefits Management Cycle and relevant techniques applicable to each practice
Scope of key roles and responsibilities for benefits management and the typical contents of the main benefits management documentation
Approaches to implementation and the factors to consider in sustaining progress.

Practitioner level aims to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor the guidance in a scenario situation. Specifically candidates should be able to:

Plan the implementation of benefits management, select appropriate strategies to sustain and measure progress;
Select and adapt principles, practices and techniques to suit different organisational environments;
Identify activities that should be undertaken during each of the practices of the Benefits Management Cycle together with the accountabilities and responsibilities of each of the defined roles;
Evaluate examples of benefits management information (documents);
Analyse the solutions adopted in relation to a given scenario.

Who Should Attend

This programme is designed for all those with a role in ensuring best use of funds by maximising the benefits realised from change initiatives. This multi-disciplinary group includes:

Change leaders (e.g. senior responsible owners & directors of change)
Change initiators (e.g. strategic planners and policy leads)
Change appraisers and evaluators (e.g. business case developers and project appraisers)
Change implementers/enablers (e.g. portfolio, programme & project managers)
Change support staff (e.g. portfolio, programme & project office staff)

Course Contents

An overview of benefits management – what it is, the case for doing it, and some common misconceptions that can limit its effectiveness in practice.
Descriptions of the seven principles upon which successful approaches to benefits management are built, and examples of how they can be/have been applied in practice.
Guidance on how to apply benefits management at a portfolio level, as well as at an individual project or programme level.
Details of the five practices in the Benefits Management Cycle and examples of how they can be/have been applied in practice.
Advice on how to get started in implementing effective benefits management practices and sustain progress.

Excellent trainer. They used great anecdotes to explain how the content could be applied in real life, including what not to do. Was great at maintaining energy through long days of course delivery and showed a strong understanding of the course content and its application.

Live Virtual Training | 2022

Testimonial

AgilePM Foundation & Practitioner

Fees

Fees per person

Managing Benefits Foundation & Practitioner – Course & Exams (4 days)

Contact ALC for a Private Course Quotation

Exams and Other Information

Foundation Exam

The Foundation exam is held at the end of the Foundation module and comprises:

Multiple choice format
50 questions per paper
25 marks required to pass (out of 50 available) – 50%
40 minutes duration
Closed-book

Practitioner Exam:

Multiple choice format
8 questions per paper with 10 marks available per question
40 marks or more required to pass (out of 80 available) – 50%
2 ½ hours duration
Open book exam (Managing Benefits guide only)

Live Virtual Training – Participants will be provided an online exam voucher to book their Practitioner exam online at a date of their choice after the course. The voucher is valid for 12 months. The online exam voucher is provided at the end of the course and participants are required to sit their exam via the proctoru system. For more exam voucher information, see the ProctorU online guide on exam proctoring page.

Accreditation

This course is accredited by APMG