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Managing Benefits™ Training

accredited by

Our Managing Benefits™ Foundation course is accredited by APMG

Online Instructor-led (3 days)

Classroom (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

Show moredown

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 Training Course

There are no formal prerequisites for the Managing Benefits Foundation Course as it is an introductory course, so anyone can attend. 

Managing Benefits™ Foundation Course Overview

This Managing Benefits Foundation training course provides an insight into the approaches and systems of benefits management. Delegates will learn all about the principles that underpin Managing Benefits, and the five practices that need to be addressed within the benefits management lifecycle. Essentially, delegates will learn how to incorporate benefits management fundamentals within their own organisation, to boost project productivity, which in turn produces more advantages. The guidance encountered by delegates will enable them to recognise existing programme, project, and portfolio management strategies, and will allow them to understand benefits management in a way that corresponds with the broader objectives of the organisation. By the end of this training course, delegates will possess an understanding of Managing Benefits duties, principles, and records, and will be able to work within a benefits team. 

APMG International Managing Benefits™. APMG International Managing Benefits is a trademark of The APM Group Limited. All rights reserved.

Show moredown

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

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 

Show moredown

accredited by

Our Managing Benefits™ Practitioner course is accredited by APMG

Online Instructor-led (2 days)

Classroom (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 

Show moredown

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

This Managing Benefits Practitioner training course teaches delegates how to tailor and implement Managing Benefits guidance to real workplace circumstances. Throughout, delegates will be confronted by a series of example scenarios whereby they need to select solutions to the given problem. Delegates will learn how to prepare for the application of benefits management, by adapting various principles and processes to suit the specific functions and objectives of an organisation. The fulfilment of duties and responsibilities will also be a topic of exploration, as delegates will be able to determine themselves what tasks need to be carried out as part of the benefits management lifecycles. This certification is a demonstrator of excellence in the sphere of Managing Benefits, as it shows the delegate’s ability to enforce appropriate measures that result in the maximisation of benefits, which is essential to business success.  

APMG International Managing Benefits™. APMG International Managing Benefits is a trademark of The APM Group Limited. All rights reserved.

Show moredown

What's included in this Managing Benefits™ Practitioner Training 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)

Classroom (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 combined 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 and Practitioner is a combined training course, which covers both Foundation and Practitioner content. The first part of this course will focus on the Foundation section, which provides delegates with a fundamental understanding of Managing Benefits principles, approaches, roles, responsibilities, and procedures. The Managing Benefits guidance that delegates will work with will allow them to acknowledge current programme, project, and portfolio management policies, and will enable them to comprehend benefits management so that the wider organisation goals are considered. Delegates will need to take a Foundation examination at the end of the Foundation teaching section.

The second part of this integrated training course will concentrate on the Practitioner material. The Practitioner segment will confirm whether the delegate possesses sufficient knowledge of Managing Benefits to adopt and apply it to real scenarios. Throughout this section of the course, delegates will have to determine solutions to example problems that may arise in the workplace. Roles and responsibilities will also be explored, as in realistic terms, delegates will need to identify what tasks need to be completed by what member of staff, hence the Practitioner course allows them to practice this. Delegates will also need to take a Practitioner exam to gain the overall certification. 

APMG International Managing Benefits™. APMG International Managing Benefits is a trademark of The APM Group Limited. All rights reserved.

We recommend Managing Benefits manual (ISBN No: TSOMAN2014BEN) prior to the course to accompany your learning. But it is not included in course fees. 

Show moredown

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

Show moredown

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 01344203999 or Enquire.

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Managing Benefits™ Training FAQs

Yes, all our Managing Benefits training courses are accredited by APMG (Accrediting Professional Managers Globally).
Yes, there are exams for both Foundation and Practitioner certifications. Exams are included with the selected training course.
Yes, delegates will receive a pre-course reading pack, taken from the official APMG Managing Benefits™ manual. They should read Chapter 1 (Introduction), Chapter 2 (What is Benefits Management?), Chapter 3 (The Benefits Management Principles), and the Glossary. We recommend you complete this reading to maximise your chances of success.
Delegates must be familiar with: The Benefits Management model (page 9), seven principles, and five practices, nine themes that are present throughout (pages 8-10). Furthermore it will be beneficial to understand and be able to recite the key characteristics of benefits management success (page 10) and understand the difference between output, outcome, capability, and benefit (table 2.1, and page 17) and provide own examples. (All page numbers are extracted from the official APMG Managing Benefits™ manual).
Our Managing Benefits™ courses are designed for Change Leaders/Directors, Change Initiators, Change Implementers, Change Appraisers and Analysers, and Change Support Staff.
Yes, delegates will be set around 2 hours of homework per day.
The Knowledge Academy is the Leading global training provider for Managing Benefits™ Training.
The price for Managing Benefits™ Training certification in the United Kingdom starts from £3295.

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