Managing Benefits™ Foundation & Practitioner Overview

Course syllabus

Who it’s for

What’s included

Exams

FAQs

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

Managing Benefits™ Foundation & Practitioner is a comprehensive course designed to enhance the understanding and application of Benefits Management in projects and business initiatives. This course is pivotal for professionals involved in change initiatives, ensuring that desired outcomes and benefits are effectively achieved, managed, and sustained.

Proficiency in Managing Benefits™ Foundation & Practitioner is crucial for Project Managers, Business Change Managers, and Benefits Managers. Mastering this field empowers professionals to identify, quantify, and manage benefits, aligning them with organisational strategies and delivering real value. It is essential for those aiming to drive successful change initiatives and optimise resource utilisation across various sectors.

This intensive 5-day course equips delegates with fundamental concepts and practical skills in benefits management. Through hands-on workshops and expert-led sessions, delegates comprehensively understand the Managing Benefits™ framework, principles, practices, and their applications. Delegates learn to plan, implement, and review Benefits Management practices, ensuring alignment with strategic objectives and effective realisation of benefits.

Course Objectives

  • To understand the foundational principles of Benefits Management
  • To explore the Managing Benefits™ framework and its practical application
  • To identify and quantify the benefits in change initiatives
  • To analyse and interpret benefits management strategies effectively
  • To develop and implement benefits realisation plans
  • To comprehend ethical considerations in benefits management

Upon completing this course, delegates will have acquired the knowledge and skills necessary to implement and optimise benefits management practices, making them invaluable assets in their professional fields.

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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

You’ll also get access to the MyTKA Training Portal, which will be your go to hub for all your training.
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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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Ways to take Managing Benefits™ Foundation & Practitioner

Online Instructor-Led Learning

Online Self-Paced Learning

Onsite Learning

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.

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Live classes

Join a scheduled class with a live instructor and other delegates.

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Interactive

Engage in activities, and communicate with your trainer and peers.

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Global Pool of the Best Trainers

We handpick from a global pool of expert trainers for our Online Instructor-led courses.

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Expertise

With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.

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Global Reach

With classes running in all timezones, access any of our courses and course material from anywhere, anytime.

Master Managing Benefits™ Foundation & Practitioner with a flexible yet structured approach that combines live, expert-led sessions and self-paced study. With weekly one-to-one tutor support and consistently high pass rates, you’ll receive tailored guidance and achieve real results.

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Structured Yet Flexible Learning

Take part in scheduled, instructor-led sessions with real-time feedback, while enjoying the freedom to study independently. Interactive resources and progress tracking tools help you stay motivated and on target.

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Engaging & Interactive Training

Join dynamic live sessions featuring discussions, practical activities, and peer collaboration. Learn from Managing Benefits™ Foundation & Practitioner industry experts and reinforce your knowledge with self-paced modules—plus, connect with professionals in your field.

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Expert-Led Course

Gain valuable insight from experienced trainers during live sessions, and revisit course materials anytime to deepen your understanding. This method offers the ideal balance between expert guidance and independent learning.

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Global Training Accessibility

Access top-quality training across time zones—anytime, anywhere. Whether at home or on the go, our expert-led sessions and flexible study materials support your goals, and help you on the journey towards the certification.

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 Course 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

Package deals for Managing Benefits™ Foundation & Practitioner

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

Managing Benefits™ Foundation & Practitioner FAQs

What is Managing Benefits?

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.

What distinguishes the Managing Benefits Practitioner level from the Foundation level?

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.

What are the benefits of taking this Managing Benefits Foundation and Practitioner Training?

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.

What is included in this Managing Benefits™ Foundation and Practitioner Training?

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.

What is the duration of this Managing Benefits Foundation and Practitioner Training Course?

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.

Will I receive a certification after completing this Managing Benefits Foundation and Practitioner Training?

Yes, after completing this Managing Benefits Foundation and Practitioner Training delegates will receive certification.

What are the career opportunities available after completing this Managing Benefits Foundation and Practitioner Course?

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.

What kind of skills can one acquire through this Managing Benefits Foundation and Practitioner Certification?

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.

Who should I contact if I am unable to access my course?

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.

Why choose The Knowledge Academy in in Philippines over others?

The Knowledge Academy in in Philippines 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.

What is the cost/training fees for Managing Benefits™ Foundation & Practitioner in Philippines?

The training fees for Managing Benefits™ Foundation & Practitionerin Philippines starts from $4995

Which is the best training institute/provider of Managing Benefits™ Foundation & Practitioner in Philippines?

The Knowledge Academy is the Leading global training provider for Managing Benefits™ Foundation & Practitioner.

What are the best Managing Benefits™ Training courses in Philippines?

Please see our Managing Benefits™ Training courses available in Philippines

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