Managing Benefits™ - Foundation

"2/3 of public sector projects are completed late, over budget or do not deliver the outcomes expected."

~National Audit Office

Workshop Overview

Learning how to manage benefits effectively is core to every Portfolio, Programme and Project,

as it underpins the reason for change and why the investment was made in the first place.

Bottom line is that if a project or program doesn't realize the planned benefits, it has failed! This makes up the depth of the triple constraints prism in the above figure.

Not only is this the most overlooked dimension of project success, but it's also the most important, especially in the new post-pandemic world we live in, whereby accountability is more vital than ever, while delivery and realization of Benefits is at the top of most senior executives' list of priorities.

Managing Benefits™ has been carefully designed to complement existing Best Practices in portfolio, programme and project management such as PRINCE2®, MSP® & MoP®.

This course provides participants with a thorough understanding of the Managing Benefits™ approach, providing the skills needed to confidently manage benefits realisation in line with the strategic aims of a business and its day-to-day running.

ADVISORS is an APMG International Accredited Training Organization (ATO) for Managing Benefits™ Foundation & Practitioner

Delivered over 16 hours, either in-person (classroom), or live virtual instructor-led (VILT) Training

Content is available in both English and Arabic
Managing Benefits™ Foundation exam is available in English

Realise benefits to improve prospects in terms of investors, clients, revenue and efficiency levels regardless of professional discipline and type of organisation
Ability to demonstrate more efficient and effective practices through better use of available resources. This enhances an organisation's ability to retain motivated and skilled change management staff and to attract investors
Improve ROI from change initiatives as more benefits are realised and sustained for longer
Enhanced confidence on the part of regulators and funding agencies - so helping ensure continued funding for change
Have an organisation-wide understanding of the benefits a project or programme will produce and be able to measure when they are realised.

Enhance professional competence through benefits management practices and techniques
Ability to implement methods, including knowledge of management accountancy, behavioural finance, psychology, neuro-science and systems thinking
Understand the seven principles upon which successful approaches to benefits management are built and applied to projects, programmes and portfolios. The guide provides a route map to adoption of more cost-effective techniques and practices
Adept at forecasting realistic benefits to produce business cases which address business issues and objectives and provide a route to measure success
Outline costs and benefits to drive business objectives.

“It is only possible to be sure that change has worked if we can measure the delivery of benefits it is supposed to bring.” ~Cabinet Office

Learning Objectives

Managing Benefits™ 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.

Course Materials

You will be taught using APMGs approved materials which provide examples
from a variety of industries and perspectives
In virtual training, you will receive a digital copy of the course workbook set and
manual (A Guide to Managing Benefits - 2nd Edition)
Sample exams and pre-course reading will ensure that you are both ready
for the first day of training as well as the exam.

Course Content

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.

Who Should Attend

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
Senior Responsible Owners (SRO's)/Sponsors/Project Board Executives and project and programme management (PPM) and change management 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
Finance professionals and economists responsible for undertaking, or participating in, investment appraisal and portfolio prioritization reviews
Business managers responsible for managing the operational functions by which, or within which, change initiatives are delivered and benefits are realized
Change and Benefits Managers responsible for managing business change and benefits realization

Others with an interest in the successful delivery of change, including strategic planners, operational performance managers, internal and external auditors, procurement and commercial professionals.

Exam Format

Closed-book
40 minutes duration
25 marks or more required to pass (out of 50 available) - 50%
50 questions per paper
Multiple choice format
Take your exam online with ProctorU, or paper-based (through an authorised invigilator by ADVISORS).

Special Notes

Training includes all required workbooks (digital copy for virtual training), and the Foundation Exam
E-certificate will be provided in virtual training, and printed ones will be distributed in the classroom-based training. Please note that you will be provided with a digital copy of the official manual from your foundation training; you are welcome to purchase this from APMG
Please note that there is preparatory work required prior to this course and evening homework during the course.

Register Your Interest

You can email our team at info@advisors.co and we would be delighted to help. Alternatively, fill out the form below and we'll get back to you as soon as we can.

Custom Learning

For Corporates

If you are looking to train a team of people, we offer both Live Virtual and Onsite Classroom-based training solutions designed for your organization's specific needs.
You can speak to one of our experts now to discuss your corporate needs and for receiving an obligation-free quotation:

+966 (50) 105 6262 (WhatsApp or Call)

Email: info@advisors.co

APMG International Managing Benefits and the associated logos are registered trademarks of The APM Group Limited, used under permission of The APM Group Limited