About This Course
The Managing Benefits™ certification aims to help organizations address the problem of demonstrating return on investments. This is an exam preparation course that requires pre-reading and study in the evenings as you proceed through the course.
It provides managers and practitioners from multiple disciplines, working in a variety of organizations, with generally applicable guidance encompassing benefits management principles, practices and techniques and provides:
- 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.
The Foundation level focuses on the benefits management principles, practices, techniques, roles, responsibilities and documents.
Who Should Attend
- Senior executives, including Change and Transformation Directors, responsible for delivering value for money from the organization’s investments in change and achieving the organization’s strategic objectives.
- Senior Responsible Owners (SRO’s)/Sponsors/Project Board Executives and project and programme management (PPM) and change management professionals responsible for delivering the change initiatives from which benefits are realized.
- Portfolio managers and Portfolio Office staff responsible for managing the organization’s portfolio of change initiatives – including optimizing the contribution to strategic objectives.
- Business Case writers responsible for delivering reliable cases on which to base investment decisions.
- Finance professionals and economists responsible for undertaking, or participating in, investment appraisal and portfolio prioritization reviews.
- Business managers responsible for managing the operational functions by which, or within which, change initiatives are delivered and benefits are realized.
- Change Managers and Benefits Managers responsible for managing business change and benefits realization.
- Others with an interest in the successful delivery of change, including strategic planners, operational performance managers, internal and external auditors, procurement and commercial professionals etc.
What You’ll Learn
- 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.
Course Materials and Fees
Additional Notes
Exam format:
- Multiple choice
- 50 questions
- 50% or higher required to pass
- 40 minutes
- Closed-book
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Algonquin College is an Authorized Training Partner of the Project Management Institute®. This course is eligible for 21 PMI® Professional Development Units.
