Managing Benefits™ Foundation & Practitioner Overview

Managing Benefits Foundation and Practitioner Course Outline

Module 1: Overview

  • Definitions of Benefits, Benefits Management, and Related Terms
  • Objectives of Benefits Management
  • Benefits Management Model
  • Factors that Influence How the Benefits Management Practices will be Applied
  • Value and Value Management
  • Value Management Techniques
  • Value for Money
  • Barriers to Effective Benefits Management
  • KSCs of Effective Benefits Management
  • Organisational Context within which Benefits Management Operates

Module 2: Principles

  • Benefits Management Principles
    • Align Benefits with Strategy Driver-Based Analysis
    • Start with the End in Mind (SWTEIM)
    • Utilise Successful Delivery Methods
    • Integrate Benefits with Performance Management
    • Apply Effective Governance
    • Develop a Value Culture

Module 3: Identify and Quantify

  • Objective and Scope of the Identify and Quantify Practice
  • Identifying Strategic Drivers and Investment Objectives
  • Identifying Benefits
  • Quantifying Benefits of Problems and Solutions

Module 4: Value and Appraise

  • Objective and Scope
  • Valuing Benefits in Monetary Terms
  • Valuing Non-Financial Benefits in Monetary Terms
  • Cost-Benefit Analysis
  • DCF Calculations
  • Adjusting for Risk
  • Real Options Analysis
  • Cost-Effectiveness Analysis
  • Multi-Criteria Analysis

Module 5: Plan

  • Objectives and Scope
  • Themes
  • Elements
    • Benefits Validation
    • Benefits Prioritisation - Approaches
    • Managing Pre-Transition Activity
    • Selecting Appropriate Benefit Measures
    • Managing Benefit Threats and Opportunities
    • Planning Effective Stakeholder Engagement
    • Initiative-Level Benefits Management Documentation
  • Key (Initiative-Level) Benefits Management Roles

Module 6: Realise

  • Objective
  • Scope
  • Themes
  • Realise Element
    • Transition and Post-Transition
    • Objectives of Tracking and Reporting
    • Winning Hearts as well as Minds

Module 7: Review

  • Objectives
  • Scope
  • Practice Review
    • Initiative and Independent Benefit Reviews
    • OGC Gateway™ Reviews
    • Cognitive Biases Affecting Post-Implementation Reviews
    • Evaluating Performance

Module 8: Portfolio-Based Application

  • Objectives and Scope
  • Elements
    • Benefits Eligibility Framework
    • BRP Including Portfolio-Level Threats and Opportunities
    • Managing Benefits Post-Initiative Closure
    • Tracking and Reporting Benefits Realisation at a Portfolio Level
    • Benefits Documentation
    • Key Roles
  • Implement and Sustain
  • Broad Approaches to Implementation
  • Advantages of Planned Approaches to Implementation
  • Steps in Implementation

Module 9: Scenario Questions

  • Principles
  • Identify and Quantify
  • Value and Appraise
  • Plan
  • Realise
  • Review
  • Portfolio-Based Application
  • Implement and Sustain

Module 10: Exercise

  • Principle
  • Benefits Mapping
  • Techniques to Address the Bias or Issue
  • Benefits Categorisation
  • Investment Appraisal and Portfolio Prioritisation
  • Realise Practice
  • Taking Action on Variances
  • Developing a Value Culture
  • Portfolio-Level Documents and Roles

Module 11: Group Discussion

  • Causes of Success and Failure
  • Benefits Mapping
  • Linking Benefits to Strategy
  • Behavioural Implications of Setting Targets
  • Value Culture
  • Investment and Options Appraisal
  • Benefits Reporting

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Who should attend this Managing Benefits™ Foundation and Practitioner Course?

This Managing Benefits™ Foundation and Practitioner Training Course is designed to provide a detailed understanding of principles, practices, and techniques involved in Benefits Management. This training course is suitable for a wide range of professionals, including:

  • Change Managers
  • Project Managers
  • Programme Managers
  • Portfolio Managers
  • Senior Executives
  • Team Leaders
  • Finance Professionals

Prerequisites of the Managing Benefits™ Foundation and Practitioner Course

There are no formal prerequisites for this Managing Benefits™ Foundation and Practitioner Training Course. However, to continue to the Practitioner section of the course, candidates must successfully pass the Managing Benefits™ Foundation Examination.

Managing Benefits™ Foundation and Practitioner Course Overview

The ISO 22301 Internal Auditor Certification equips individuals with the expertise to assess and report on the conformance and implementation of processes based on the ISO 22301 standard. This standard specifies requirements for setting up and managing an effective Business Continuity Management System (BCMS), making this certification highly relevant for professionals aiming to ensure business resilience against unforeseen disruptions.

Proficiency in ISO 22301 is crucial for ensuring that organisations can continue their operations in the face of disruptions. This certification is vital for risk managers, compliance officers, business continuity managers, and any professional responsible for maintaining business continuity. Mastering this area ensures these professionals can contribute significantly to their organisations' resilience and sustainability.

This 5-day training provides delegates with the knowledge and skills required to perform internal audits based on ISO 22301 standards. Attendees will learn how to assess an organisation's ability to manage and recover from disruptions, ensuring continuity of operations. This intensive training is designed to make delegates proficient in planning, conducting, and reporting audits effectively, enhancing their organisational value.

Course Objectives

  • To understand the principles and practices of effective business continuity management systems based on ISO 22301
  • To acquire the competence to perform an ISO 22301 internal audit, including audit planning, execution, reporting, and follow-up
  • To interpret the requirements of ISO 22301 in the context of an internal audit
  • To enhance the ability to analyse the effectiveness of a BCMS and to identify areas for improvement
  • To develop skills in managing an audit programme, making the audit process efficient and value-adding
  • To improve communication skills within the context of an audit, ensuring transparent, concise, and effective reporting and feedback

After completing this Managing Benefits Foundation and Practitioner Course, delegates will be equipped to spearhead internal audits within their organisations. This Managing Benefits™ Foundation and Practitioner Certification opens up opportunities in risk management, compliance, and business continuity planning roles across various sectors.

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What's included in this Managing Benefits™ Foundation and Practitioner Training Course?

  • Managing Benefits™ Foundation Examination
  • Managing Benefits™ Practitioner Examination
  • World-Class Training Sessions from Experienced Instructors
  • Managing Benefits™ Foundation Certificate
  • Managing Benefits™ Practitioner Certificate
  • Digital Delegate Pack

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Managing Benefits™ Foundation Exam Information

The Managing Benefits™ Foundation Exam is designed to assess an individual's understanding of the key concepts, principles, and practices related to managing benefits within organisations. The Managing Benefits™ Foundation exam format is as follows: 

  • Question Type: Multiple Choice 
  • Total Questions: 50 (each question is worth 1 mark) 
  • Total Marks: 50 Marks 
  • Pass Marks: 50%, or 25/50 Marks 
  • Duration: 40 Minutes 
  • Open Book/Closed Book: Closed Book 

Managing Benefits™ Practitioner Exam Information

The Managing Benefits™ Practitioner Exam is designed to assess a candidate's ability to apply the principles, practices, and techniques of benefits management in a practical context. The exam format is as follows: 

  • Type of Questions: Objective Questions 
  • Total Questions: 8 (each question is worth 10 marks) 
  • Number of Marks: 80 Marks 
  • Pass Marks: 50%, or 40/80 Marks 
  • Duration: 150 Minutes 
  • Open Book/Closed Book: Open Book

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Why choose us

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Managing Benefits™ Foundation & Practitioner. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Managing Benefits™ Foundation & Practitioner, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Managing Benefits™ Foundation & Practitioner. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Managing Benefits™ Foundation & Practitioner sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Managing Benefits™ Foundation & Practitioner at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our Managing Benefits™ Foundation & Practitioner offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Managing Benefits™ Foundation & Practitioner FAQs

Managing Benefits is a structured approach to maximise the benefits realised from projects, programmes, and portfolios by aligning them with strategic objectives and ensuring optimal use of resources.
The Managing Benefits Practitioner level delves deeper than the Foundation, focusing on applying principles and tailoring the Managing Benefits guidance to real-world scenarios, whereas the Foundation introduces basic concepts.
Taking the Managing Benefits Foundation and Practitioner Training enables individuals to maximise investment returns, ensure effective use of resources, align projects with business strategy, and enhance decision-making and stakeholder engagement.
In this Managing Benefits™ Foundation and Practitioner Certification course, delegates will have 5-day intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion.
This Managing Benefits Foundation and Practitioner Training course is a 5-day training course during which delegates participate in intensive learning sessions that cover various course topics.
Yes, after completing this Managing Benefits Foundation and Practitioner Training delegates will receive certification.
After completing the Managing Benefits Foundation and Practitioner course, you can pursue roles as a Benefits Manager, Programme Manager, Business Change Manager, or Portfolio Manager, specialising in maximising business benefits and ROI.
The Managing Benefits Foundation and Practitioner Certification equips one with skills in aligning projects to strategic objectives, realising benefits, maximising resources, and applying best practices in benefits management.
If you face any issues in accessing the course materials, then you can reach out to our customer support team who will provide you with quick assistance to resolve the issue.
The Knowledge Academy in in the United Kingdom stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this Managing Benefits Foundation and Practitioner Course.
The price for Managing Benefits™ Foundation & Practitioner certification in the United Kingdom starts from £3295
The Knowledge Academy is the Leading global training provider for Managing Benefits™ Foundation & Practitioner.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Trusted & Approved

Our Managing Benefits™ training courses are accredited by APMG

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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