Managing Benefits Foundation
5 Modules
20 Lessons
Beginner to Intermediate
Optimizing Investment Outcomes through Effective Benefits Management
Course Summary
The Managing Benefits Foundation course provides a structured approach to ensuring the effective realization of business benefits from organizational investments. This course introduces the principles, practices, and techniques of benefits management, an essential discipline for organizations aiming to make decisions that maximize returns. Through interactive sessions, real-life case studies, and expert guidance, participants will learn how to align projects and programs with organizational strategy and stakeholder needs, ensuring that benefits are identified, realized, and sustained over time. The training delves into the methodologies for quantifying and managing expected benefits from business changes, emphasizing the importance of integrating benefits management into the overall project and program management. It addresses common challenges in benefits realization and provides tools and techniques to overcome them, enabling a systematic approach to measuring and reporting benefits. By the end of this course, attendees will have a solid understanding of how to implement a benefits management framework that supports strategic objectives, enhances decision-making processes, and improves accountability and stakeholder engagement. The course is designed to foster a culture of benefits realization within organizations, driving better outcomes and increased value from investments.
Course duration:
Five days (In-Person and Online Options available)
Course Overview:
What you'll get:
Interactive Learning: Engaging sessions with real-world examples and live demonstrations.
Practical Focus: Hands-on labs to apply theoretical concepts in real-world scenarios.
Collaborative Activities: Group exercises and discussions to enhance understanding.
Course Curriculum
Day 1
Day 2
Day 2: Benefits Identification and Planning
1. Techniques for identifying benefits
2. Tools for benefits mapping and modeling
3. Planning for benefits realization
4. Setting up benefits realization metrics and KPIs
5. Case studies on effective benefits planning
Day 3
Day 3: Implementation and Realization 1.Integration of benefits management with project management
2.Managing change to ensure benefits realization
3.Techniques for effective monitoring and controlling benefits
4.Addressing challenges in benefits realization
5.Practical exercises on managing benefits during project execution
Day 4
Day 4: Measuring and Sustaining Benefits
1.Methods for measuring benefits
2.Tools for tracking benefits against forecasts
3.Reporting benefits to stakeholders 4.Sustaining benefits post-project completion
5.Workshop on using benefits realization dashboards
Day 5
Prerequisites
Participants should have a basic understanding of project management principles and practices. Experience in managing or participating in projects is beneficial but not required. Knowledge of organizational change management is an advantage.
Delivery Method
•In-Person Classroom or Virtual Instructor-Led (depending on your organization’s preference)
•Combination of lectures, interactive workshops, case studies, and group discussions
•Real-time feedback and personalized guidance from the instructor
•Access to digital course materials, tools, and resources after the course concludes
Certificate
Participants will receive a certificate upon successful completion of the workshop, validating their understanding and proficiency in integrating sustainability into project management practices.
