Managing Benefits™

Manage the benefits from change initiatives and your projects



This training course is based on the APMG guide, Managing Benefits™ and focuses on the management of benefits from change initiatives that are delivered at portfolio, programme and project levels. Collectively these initiatives form the organisation’s change portfolio.

Managing Benefits provides:

  •  An overview of benefits management – what it is, the case for doing it, common misconceptions that can limit its effectiveness in practice.
  • The seven principles for a successful approach to benefits management, 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 or have been applied in practice.
  • Advice on how to get started in effective benefits management practices and sustain progress.
The purpose of the Managing Benefits guidance and certification scheme is to provide managers and practitioners from multiple disciplines, working in a variety of organisations, with generally applicable guidance encompassing benefits management principles, practices and techniques.

Managing Benefits is aimed at anyone with an interest in ensuring the best use of taxpayers and shareholders funds by optimising the benefits realised from change initiatives, including:

  • Senior executives responsible for delivering value for money from the organisation’s investments in change and achieving the organization’s strategic objectives
  • Programme and project sponsors, project board executives and people in project programme/change management roles responsible for delivering change initiatives
  • Portfolio managers and portfolio office staff responsible for managing the organisation’s portfolio of change initiatives
  • Business case writers responsible for delivering reliable cases on which to base investment decisions.
The 3-day Foundation course measures whether a candidate understands the principles, practices, techniques, roles, responsibilities and documents:

  • 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.

The Practitioner certificate (two additional days)

  • In the extra two days of the Practitioner course you:
  • Plan the implementation of benefits management, select appropriate strategies to
    sustain and measure progress
  • Select and adapt principles, practices and techniques to suit different organizational
    environments
  • Identify activities that should be undertaken during each of the practices of the Benefits Management Cycle plus the accountabilities and
    responsibilities of each of the defined roles
  • Evaluate examples of benefits management documents
  • Analyse the solutions adopted in relation to a given scenario.

EXAM FORMAT

  • Foundation Course (3 days) – Multiple choice format, 40 minutes duration. 50 questions per paper, 50% pass mark
  • Practitioner Upgrade (+2 days) – Inclusive of Foundation course. The Practitioner Exam is 2.5-hours in duration, open-book (restricted to the manual only). 40 marks required to pass (50%).

  • Rationale For Initiatives

    Benefits provide the rationale for the investment of funds in change initiatives.

  • Best Practice interlinking

    Managing Benefits has been carefully designed to complement PRINCE2®, MSP®, P3O® & MoP®.

  • Better Business Cases

    Select appropriate measures and strategies to sustain and measure progress. Improve business case justification.

Foundation Course (3-Days)

$1,889 + GST

Inclusive of course materials, official Manual & Foundation Exam

The Foundation & Practitioner courses are delivered by Certified Trainers from Yellowhouse. Yellowhouse is an APMG Accredited Training Organisation.
PRINCE2®, MSP®, MoP®, P3O®, M_o_R® and ITIL® are registered trade marks of AXELOS Limited; The Swirl Logo™ is an AXELOS trade mark. Change Management™, Managing Benefits™ and AgilePM™ are Trade Marks of APMG-International.
XIPNOS works with Yellowhouse as an APMG ATO for these products.