- Duration / Course length: 3 Days
- Timings: Weekdays, 9am - 5pm
Course details
Managing Benefits™ Foundation Course:
IIL is an APMG Accredited Training Organization (ATO) for Managing Benefits™.
Managing Benefits™ is not just an aspect of project and program management (PPM) but the core rationale for investing in change initiatives, ensuring optimal use of taxpayer and shareholder funds. This course complements existing PPM best practices (such as PRINCE2®, MSP®, P3O®, and MoP®) by expanding specific practices and techniques aimed at optimizing benefits realization. The training prepares you for the APMG Managing Benefits Foundation exam and provides a comprehensive understanding of benefits management principles, practices, and techniques.
Prerequisites:
- 2-3 hours of pre-course study
- Approximately 2 hours of study per evening during the course for exam preparation
Key Benefits of Attending:
- Master the Fundamentals: Understand the concepts and importance of benefits management, including definitions and related objectives.
- Strategic Alignment: Learn how to align benefits management with organizational strategies for optimal resource utilization.
- Practical Application: Get hands-on with real-world case studies and practice tests, preparing you for the scenario-based exam.
- Exam Preparedness: Boost your confidence to pass the APMG Managing Benefits Foundation exam with guided exam preparation and practical tips.
- Accredited Qualification: Achieve a certification that is valid for life, demonstrating your expertise in benefits management.
Learning Outcomes:
By the end of this course, participants will be able to:
- Define and Clarify Benefits: Articulate the principles and objectives of benefits management.
- Understand Key Principles: Explain the principles upon which successful benefits management is based, and how to apply them effectively.
- Apply Techniques Across the Benefits Management Cycle: Utilize techniques relevant to each of the five practices within the cycle, including Identify and Quantify, Value and Appraise, Plan, Realize, and Review.
- Portfolio Management: Grasp portfolio-based benefits management, roles and responsibilities, and key documentation requirements.
- Overcome Barriers: Identify common challenges and devise strategies for overcoming barriers to effective benefits management.
APMG Managing Benefits Foundation Exam:
- Duration: 40-minute, closed-book exam
- Format: 50 multiple-choice questions
- Passing Criteria: 25 out of 50 marks required (50%)
Course Syllabus:
Getting Started:
- Introductions and Course Structure
- Goals and Objectives
Overview of Managing Benefits:
- The Benefits Management Model
- Key Practices and Techniques
Principles of Benefits Management:
- Align Benefits with Strategy
- Start with the End in Mind
- Successful Delivery Methods
- Governance and Value Culture
The Benefits Management Cycle:
- Practice 1: Identify and Quantify
- Practice 2: Value and Appraise
- Practice 3: Plan
- Practice 4: Realize
- Practice 5: Review
Portfolio-Based Benefits Management:
- Implementing and Sustaining Effective Practices
- Role Identification and Documentation
Eligibility / Requirements
No formal prerequisites are required for attending the Foundation course. However, participants are encouraged to have a basic understanding of project management concepts.Ideal for professionals looking to enhance their understanding of benefits management principles and practices.
Job roles this course is suitable for:
Benefits ManagerChange ManagerProject or Program Manager...About International Institute for Learning, Inc
International Institute for Learning (IIL) is a global leader in training, consulting, coaching and mentoring, as well as customized course development. Our core competencies include: Project, Program and Portfolio Management; Business Analysis; Microsoft® Project and Project Server; LEAN Six Sigma; PRINCE2®; ITIL®; Agile, CSR, Change Management, Leadership and Interpersonal Skills. A PMI® Charter Global Registered Education Provider, a member of PMI’s Global Executive Council, an Accredited Training Organization for PRINCE2 and ITIL, a Microsoft Partner (with a Microsoft Gold Project and Portfolio Management competency) and an IIBA® Endorsed Education Provider, IIL is the training solution partner of choice for many top global companies.IIL’s three core values – Intelligence, Integrity, Innovation.
IIL’s innovative Many Methods of Learning™ provides a range of delivery options to suit your learning preferences and schedule:
- Traditional Classroom (Public / Closed Onsite)
- Virtual Classrooms (Public / Closed Onsite)
- On-Demand Courses
- Organizational Assessment
- Online Conferences
- Consulting
For more information, please visit: www.iil.com See all International Institute for Learning, Inc courses
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