About This Course
Managing Benefits” 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.
Foundation level aims to measure whether a candidate understands the benefits management principles, practices, techniques, roles, responsibilities and documents.
Practitioner level aims to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor the guidance in a scenario situation.
Who Should Attend
- Change leaders e.g. Senior Responsible Owners, members of Management Boards and Directors of Change
- Change initiators e.g. strategic planners and policy leads
- Change appraisers and evaluators e.g. finance professionals and economists, business case writers, auditors and project appraisers
- Change implementers/enablers e.g. Portfolio, Programme and Project Managers
- Change support e.g. Portfolio, Programme
What You’ll Learn
- Implement methods, including knowledge of management accountancy, behavioural finance, psychology, neuro-science and systems thinking.
- Forecast realistic benefits to produce business cases which address business issues and objectives and provide a route to measure success.
- Outline costs and benefits to drive business objectives.
- Facilitate an organization-wide understanding of the benefits a project or programme will produce and be able to measure when they are realized.
- Enable organizations to demonstrate more efficient and effective practices through better use of available resources. This enhances an organization’s ability to retain motivated and skilled change management staff and to attract investors.
Course Materials and Fees