Managing Benefits™ Training

accredited by

Our Managing Benefits™ Foundation course is accredited by APMG

Online Instructor-led (3 days)

Online Self-paced (24 hours)

Official APMG Managing Benefits™ Foundation Exam

Managing Benefits™ Foundation 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 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

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Who should attend this Managing Benefits™ Foundation Course?

This Managing Benefits Foundation Course is an introductory course focused on the principles, practices, and techniques involved in Benefits Management. As a foundational course, it is suitable for a wide range of professionals, including:

  • Project Managers
  • Programme Managers
  • Portfolio Managers
  • Change Managers
  • Business Analysts
  • Operational Managers
  • Finance Professionals

Prerequisites of the Managing Benefits™ Foundation Course

There are no formal prerequisites for the Managing Benefits Foundation Course.

Managing Benefits™ Foundation Course Overview

This Managing Benefits Foundation Course offers a profound exploration into optimising organisational advantages, presenting a framework crucial for strategic decision-making. This course becomes indispensable for professionals in project management and business strategy, as it sheds light on the intricacies of Benefits Management. By mastering this subject, individuals can contribute significantly to their organisations' success by ensuring effective project and programme outcomes.

Understanding the principles of Benefits Management is pivotal for professionals aiming to enhance their project management and business strategy skill set. This course becomes a cornerstone for individuals seeking a comprehensive grasp of how to identify, quantify, and forecast potential benefits, while also learning the intricacies of developing a benefits management framework.

The Knowledge Academy's 3-day training course helps delegates emerge with practical insights and skills to enhance benefits realisation within their organisations. The course provides a dynamic learning experience, ensuring that delegates not only understand the theoretical aspects of Benefits Management but also gain the practical expertise needed to strategically manage benefits throughout the life cycle of projects.

Course Objectives

  • To grasp the principles and key concepts of Benefits Management
  • To understand the organisational context and governance surrounding Benefits Management
  • To learn how to identify, quantify, and forecast potential benefits
  • To acquire skills in developing a Benefits Management framework
  • To comprehend the importance of stakeholder engagement in benefits realisation
  • To apply knowledge in managing benefits throughout the life cycle

Upon completion of this course, delegates will possess the expertise to strategically manage benefits, ensuring they become invaluable assets to their organisations in achieving optimal project outcomes.

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

  • Managing Benefits™ Foundation Examination
  • World-Class Training Sessions from Experienced Instructors
  • Managing Benefits™ Foundation 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 

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accredited by

Our Managing Benefits™ Practitioner course is accredited by APMG

Online Instructor-led (2 days)

Online Self-paced (16 hours)

Official APMG Managing Benefits™ Practitioner Exam

Managing Benefits™ Practitioner Course Outline

Module 1: 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 2: 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 the Managing Benefits™ Practitioner Course?

This Managing Benefits™ Practitioner Training Course is designed for individuals who have already completed the Managing Benefits™ Foundation Course and want to learn how to apply the principles of Benefits Management in real-world scenarios. This training course is especially beneficial for these professionals:

  • Project Managers
  • Programme Managers
  • Portfolio Managers
  • Change Managers
  • Business Analysts
  • Senior Executives and Leaders
  • Finance Professionals
  • Operational Managers

Prerequisites of the Managing Benefits™ Practitioner Course

As a prerequisite of this course, delegates must have passed the Managing Benefits™ Foundation Examination and gained the associated certificate. 

Managing Benefits Practitioner Course Overview

The Managing Benefits™ Practitioner Course provides professionals with a comprehensive understanding of Benefits Management. Recognising and optimising the value derived from investments is crucial in today's dynamic business environment, making this course highly relevant.

Professionals across various industries, especially Project and Programme Managers, should aim at mastering this course. It is essential for those seeking to enhance their skills in strategic decision-making, enabling them to drive successful outcomes and realise the full potential of business initiatives.

This 2-day training by the Knowledge Academy empowers delegates with the necessary skills for effective benefits management. This course ensures participants gain a deep understanding of the principles and best practices. By the end of the course, delegates will be well-equipped to apply their knowledge and achieve the Managing Benefits Practitioner Certification, thereby advancing their careers in business management and project delivery.

Course Objectives

  • To understand the key concepts and principles of Benefits Management
  • To identify and categorise different types of benefits and their relevance to an organisation
  • To learn how to develop a benefits management framework tailored to specific business needs
  • To gain proficiency in conducting benefit profiles and assessing their feasibility
  • To comprehend stakeholder engagement in benefits management
  • To apply acquired knowledge in real-world scenarios through practical exercises

Upon completion of this course, delegates will benefit from a refined skill set, enabling them to navigate complex business landscapes with a strategic focus. The certification attained will validate their expertise in benefits management, enhancing career prospects and contributing to organisational success.

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

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

Show moredown

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

Show moredown

accredited by

Our Managing Benefits™ Foundation & Practitioner course is accredited by APMG

Online Instructor-led (5 days)

Online Self-paced (40 hours)

Official APMG Managing Benefits™ Foundation Exam

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

Show moredown

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

Show moredown

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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Not sure which course to choose?

Speak to a training expert for advice if you are unsure of what course is right for you. Give us a call on +44 1344 203999 or Enquire.

Package deals for Managing Benefits™ Training

Our training experts have compiled a range of course packages on a variety of categories in Managing Benefits™ Training, to boost your career. The packages consist of the best possible qualifications with Managing Benefits™ Training, and allows you to purchase multiple courses at a discounted rate.

Swipe for more. Don’t miss out!

Managing Benefits™ Training FAQs

Managing Benefits® is a structured framework and methodology that equips professionals with the skills to identify, plan, and realise project benefits effectively, ensuring projects align with organisational objectives for sustained success.
Yes, all our Managing Benefits Courses are accredited by APMG (Accrediting Professional Managers Globally).
Effective Managing Benefits Training is vital for professionals to navigate the complexities of benefits management, ensuring optimal project outcomes and strategic alignment with organisational goals.
Yes, there are exams for both Foundation and Practitioner Certifications, which are inluded in the respective courses.
Consider this training to gain practical insights into benefit identification, planning, and realisation, empowering you to make informed decisions, maximise project success, and contribute significantly to your organisation's strategic objectives.
To attend a Managing Benefits® Training Course, delegates should have a foundational understanding of project or programme management principles, familiarity with business processes and financial concepts, and basic knowledge of organisational management and governance practices.
There are no formal prerequisites for these training courses.
The Managing Benefits® Courses cover essential topics such as benefit identification, planning, and realisation, exploring strategic alignment with organisational objectives, risk management, and effective communication in the benefits management context.
Managing Benefits Training hones skills in benefit profiling, planning, and realisation, fostering strategic thinking, risk management acumen, and effective communication. Delegates gain a comprehensive skill set to optimise project investments and ensure tangible outcomes.
Managing Benefits Qualifications have no expiration date, providing professionals with a timeless certification that demonstrates their mastery of benefit management principles.
Upon completing Managing Benefits Courses, professionals can pursue roles such as Benefits Manager, Project Manager, or Business Analyst, unlocking opportunities in various industries where effective project investment and benefit realisation are critical for success.
The Knowledge Academy is the Leading global training provider for Managing Benefits™ Training.
The training fees for Managing Benefits™ Training in Philippines starts from $6995.
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