Project Management

Managing Benefits™ Foundation

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

  • Duration 3 Days
  • Fee - Virtual Instructor-Led $1,980 + 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.

It consolidates existing guidance on benefits management into one place, while expanding on the specific practices and techniques aimed at optimising benefits realisation.

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.

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.
  • 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

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Fees

Fees per person

Managing Benefits Foundation – Course & Exam (3 days)

  • $1,980 + gst

All participants will receive:

  • ALC’s Managing Benefits Foundation course workbook – Hard Copy
  • The official Managing Benefits Textbook – Hard Copy
  • Official APMG certificate exam

Exams and Other Information

Live Virtual Training – Participants of the Managing Benefits course certification will sit the exam online during the course. The exams are invigilated live by the ALC trainer via the Zoom session. The online exam is hosted by the examination institute APMG and accessed via a web browser.

**Should the participant be unable to sit the exam on the day of the course, an online exam voucher can be provided. 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, click here. 

Face-to-Face Training – Participants will be provided with a paper-based exam which is completed whilst at the course in the same venue of the course itself.

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

Accreditation

This course is accredited by APMG