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Managing Benefits Foundation Online

Overview

This Managing Benefits course 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

Managing Benefits has been carefully designed to complement existing Best Practice in portfolio, programme and project management such as PRINCE2®, MSP®, P3O® & MoP®. It consolidates existing guidance on benefits management into one place, while expanding on the specific practices and techniques aimed at optimising benefits realisation.

The 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

What's Included

The Managing Benefits Foundation online training course is fully accredited by the APMG. This Managing Benefits Foundation online training course will cover everything you need to pass the Managing Benefits Foundation examination first time. So whether you’re new to Managing Benefits or experienced and are just looking to update your Managing Benefits knowledge then the Managing Benefits Foundation course is worth considering.

Course Features:

  • 6 months online access to the accredited multimedia e-learning course. Please note that both the course and the exam must be completed within this timeframe
  • Official Managing Benefits Foundation exam
  • Interactive quizzes and activities
  • Exam practice simulator
  • Official Managing Benefits handbook

More Information

Will Managing Benefits be right for you?

The target audience includes all those with a role in ensuring best use of funds by maximizing the benefits realized 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)

Everyone involved in managing benefits, development of the Business Case, or indeed the Project will benefit from the tools and techniques described in the online Managing Benefits course, and can go on to take a recognised certification through the Foundation exam.

Although Managing Benefits would apply to any organisation undertaking change, it is particularly relevant to companies using PRINCE2® or MSP®, and builds on the Benefits Realisation within the project and programme lifecycle.

As an individual, Managing Benefits also builds on your existing qualifications of PRINCE2® or MSP® to better plan, forecast and realise improvements for your business.

Managing Benefits Exam Format

  • Multiple choice format
  • 50 questions per paper
  • 25 marks or more required to pass – 50%
  • 40 minutes duration
  • Closed-book exam

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