Why should I take the virtual Managing Benefits course?
Benefits realization is the reason your organization spends money on projects and programs. Until Managing Benefits there was no systematic, multi-disciplinary guidance to show you how to do this effectively and in detail. Managing Benefits aims to help organizations address the problem of demonstrating return on investments. It provides managers and practitioners from multiple disciplines, working in a variety of organizations, with generally applicable guidance encompassing benefits management principles, practices and techniques.
Virtual classroom training allows you to benefit from real-time instruction from the comfort of your home or office. You benefit from the same interactions as an on-site class and will be able to ask questions of the instructor. Since the exams are not done on paper during the course but online, you will also benefit from time to study and prepare until you are ready to obtain the certification.
What are the course prerequisites?
There are no prerequisites to take this course. Experience in project, portfolio or program management is beneficial.
What is the exam?
Managing Benefits Foundation
The exam is designed to test your knowledge and understanding of Managing Benefits. Passing this exam provides permanent certification.
• Length: 60
minutes
• Pass mark : 25 (on 50 questions) - 50 %
• Closed book.
Key learning points:
What is Benefits Management and why do we need it?
• Definitions - benefits and benefits management
• Value and value management
• Objectives of benefits management?
Barriers to success
• Common misconceptions about benefits realization
• The knowing/doing gap
• Cognitive bias
• Organizational pressures
Benefits Management Principles
• Align benefits with strategy
• Start with the end in mind
• Utilize successful delivery methods
• Integrate benefits with performance measurement
• Managing benefits from a portfolio perspective
• Apply effective governance
• Develop a value culture
Benefits Management cycle
• Integrating benefits into the wider organizational context
• Key success characteristics
• Key roles, responsibilities and documentation
Benefits Management practices
• Identify & Quantify
• Plan - 4 themes that underpin benefits planning
• Realize - transition, tracking and optimizing benefits
• Review - initiative led and independent reviews
• Value & Appraise
Portfolio based Benefits Management
• The scope of portfolio-based benefits management
• Key documentation and roles
Applying Benefits Management techniques
• Reference class forecasting / Delphi technique / Probability based forecasting
• Driver based analysis
• Investment logic mapping
• Customer insight
• Benefits eligibility rules
• Multi-criteria analysis
·Accredited course material including sample exam questions
·Certificate(s) and PDUs for PMPs
A personal computer is recommended to avoid any technical issues. If you are using an office device, make sure you have access rights or IT computer support at the time of the exam. For the online proctored exam, an interface must be installed. Administrative rights are therefore essential.
Exams can be taken on a recent MAC or PC with Windows. A working webcam and microphone (internal or external) are required.
The online exam is not available on a tablet (Ipad) or cell phone at this time.
This course is also available in English with English material, see our main site www.prince2.ca
APMG International Managing Benefits™ is a trademark of The APM Group Limited. All rights reserved. The APMG International Managing Benefits and Swirl Device is a trademark of The APM Group Limited, used under permission of The APM Group Limited. All rights reserved.
