Managing Benefits™ Practitioner

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

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.

Learning outcomes

• Planning the implementation of benefits management, select appropriate strategies to sustain and measure progress.
• Selecting and adapt principles, practices and techniques to suit different organisational environments.
• Identifying 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.
• Evaluating examples of benefits management information (documents).
• Analysing 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.

Course fees

Fees per person

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.

Prerequisite: Managing Benefits Foundation certification.

Practitioner Exam

•     Objective testing
•     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)

Accreditation

This course is accredited by APMG