K4050 Managing Benefits® – Foundation & Practitioner – 5 days

Pris: 39.000 sek

Course Overview

Benefits are the rationale for change. Yet, too often, change initiatives (projects and programmes) do not deliver the outcomes and benefits expected. Many organizations struggle to deliver sustainable benefits from their projects and programs. The adoption of structured approaches to change does improve the delivery of individual initiatives a similarly rigorous approach is required to realize measurable benefits for the advantage of the enterprise

Key Objectives

During the training you’ll learn how to Managing Benefits effectively. By the end of the course you will have the knowledge and skills to apply and sustain benefits management best practices for the benefit of the organization at portfolio level and individual change initiatives.

TARGET Audience

The course is best suited for managers and project & programme management personnel who need to maximize return on funding by delivering measureable benefits from change initiatives

Course Prerequisites

Course Outline

1. WHAT IS BENEFITS MANAGEMENT AND WHY DO WE NEED IT?

  • Some definitions
  • Value and value management
  • Why do we need benefits management?
  • Objectives of benefits management

2. BARRIERS TO SUCCESS

  • Common misconceptions about benefits realization
  • The knowing – doing gap
  • Cognitive bias
  • Organizational pressures

3. BENEFITS MANAGEMENT PRINCIPLES

  • Align benefits with strategy
  • Start with the end in mind
  • Utilize successful delivery methods
  • Integrate benefits with performance measurement
  • Management benefits from a portfolio perspective
  • Apply effective governance
  • Develop a value culture

4. BENEFITS MANAGEMENT CYCLE

  • The benefits managements cycle
  • Integrating benefits into the wider organizational context
  • Key success characteristics
  • Key roles, responsibilities and documentation

5. BENEFITS MANAGEMENT PRACTICES

  • Identify & Quantify
  • Value & Appraise
  • Plan – 4 themes that underpin benefits planning
  • Realize – transition, tracking and optimizing benefits
  • Review – initiative led and independent reviews

6. PORTFOLIO BASED BENEFITS MANAGEMENT

  • The scope of portfolio based benefits management
  • Key documentation and roles

7. GETTING STARTED & SUSTAINING PROGRESS

8. APPLYING BENEFITS MANAGEMENT TECHINQUES

  • Reference class forecasting / Delphi technique /
    Probability based forecasting
  • Driver based analysis
  • Investment logic mapping
  • Benefits map
  • Benefits eligibility rules
  • Customer insight
  • Multi-criteria analysis

9. TOOL AND TEMPLATES

  • Benefits management skills and competencies log
  • Benefits logic map
  • Managing benefits health check assessment

10. MANAGING BENEFITS EXAMS

  • Sample Foundation and Practitioner exams
  • How to prepare for the exam
  • Managing Benefits Foundation & Practitioner exams