Managing Benefits™ Foundation Premium - eLearning (exam included)

Managing Benefits™ Foundation Premium - eLearning (exam included)

Learn how to identify the measurable benefits you need to deliver.

The Managing Benefits framework provides organizations with guidance on how to focus on the measurable benefits they need to deliver to meet the organization's strategic objectives. This enables them to focus limited resources on the most beneficial activities. The Managing Benefits guidance and certification system aims to provide managers and practitioners from multiple disciplines, working in a wide range of organizations, with broadly applicable guidance covering benefits management principles, practices and techniques.

The Foundation level aims to measure whether you understand the principles, practices, techniques, roles, responsibilities and documents of benefits management.

Details of the Managing Benefits Foundation e-learning course

• Course and material are in English
• Beginner-intermediate level
• 12 months of access anytime to eLearning platform (self-study)
• 10 hours total video content
• 10 hours recommended study time
• Downloadable PDF documents with detailed content (slides, explanations) for each lesson.
• 1 official exam voucher included valid for 1 year. Exam done via online proctorU
• APMG Managing Benefits Foundation certification of completion

Training objectives

By the end of the course, you should be able to understand and describe the following:

• Definitions, scope and objectives of benefits management, barriers to effective implementation and key success factors
• Principles underpinning successful benefits management practices
• Five practices included in the Benefits Management Cycle and relevant techniques for each practice
• The scope of key roles and responsibilities for benefits management and the typical content of the main benefits management documentation
• Approaches to implementation and the factors that should be considered to sustain progress.

What will be covered?

• Managing Benefits Overview - What is Managing Benefits?
• The Managing Benefits Principles
• The Managing Benefits Cycle
• Identifying and Quantifying Benefits
• Benefits Value and Appraisal
• Benefits Planning
• Benefits Realisation
• Portfolio-Based Benefits
• Implementing Managing Benefits
• Sustaining Benefits

Course content

Managing Benefits provides organizations with guidance on how to focus on what measurable benefits they need to meet the organization's strategic objectives. This allows them to focus limited resources on the most beneficial activities. The purpose of Managing Benefits is to provide managers and practitioners from multiple disciplines, working in a wide variety of organizations, with broadly applicable guidance covering the principles, methods and techniques of benefits realization.

Managing Benefits™ includes:

• An overview of what benefits realization is
• Description of the seven principles on which successful Benefits Management is based and how to apply them in practice
• Description of the five practices that make up the Benefits Management cycle and how to apply them.
• Guidance on how to implement and apply Benefits Management at different levels of the organization.

The purpose of the Managing Benefits training and certification is to provide leaders and practitionersfrom different industries, organizations and departments with practical tools that guide them through benefits realization principles, application and techniques.

Certification in this course will ensure that any change or investment in a company generates the greatest positive outcome and the least negative outcome possible. The course will provide you with a framework of principles and practical tools to effectively get started with integration in your organization.

Target audience

• 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
• Sponsors/Project Board Executives who play a leadership role on change initiatives
• Project and programme management (PPM) 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
• Sponsors/ Project Board Executives
• Senior executives
• Project and programme management
• Portfolio managers
• Business Case writers
• Finance professionals
• Business managers (including Benefit Owners)
• Change Managers and Benefits Managers

The key benefits of Managing Benefits™

• Implement methods, including knowledge of management accounting, behavioral finance, psychology, neuroscience and systems thinking.
• Forecast realistic benefits to develop business cases that address business issues and objectives and provide a way to measure success.
• Describe costs and benefits to drive business objectives.
• Facilitate an organization-wide understanding of the benefits that a project or program will deliver and be able to measure when they are realized.
• Enable organizations to demonstrate more effective practices through better use of available resources. This improves the organization's ability to retain motivated and skilled staff for change management and to attract investors.

Prerequisites

There are no formal prerequisites for this course or taking the exam.

Managing Benefits Foundation Examination and Certification

• 50 multiple choice questions
• 40 minutes
• Candidates need at least 25 correct answers (50%) to pass the exam.
• Upon passing the exam, you will receive a Managing Benefits Foundation certificate from APMG.

About APMG

APMG Group International is a global certification body that offers training courses and professional certifications in a variety of business disciplines. APMG accredits training organizations and manages qualification schemes for professionals. APMG certifications are recognized by employers and professionals worldwide as benchmarks of quality and expertise.