PPM Managing Benefits™ Foundation

Who is this course for

• Senior executives, including Change and Transformation Directors, responsible for delivering value for money from the organization's investments in change and achieving the organization's strategic objectives.


• Senior Responsible Owners (SRO's)/Sponsors/Project Board Executives and project and programme management (PPM) and change management professionals responsible for delivering the change initiatives from which benefits are realized.


• Portfolio managers and Portfolio Office staff responsible for managing the organization's portfolio of change initiatives - including optimizing the contribution to strategic objectives.


• Business Case writers responsible for delivering reliable cases on which to base investment decisions.


• Finance professionals and economists responsible for undertaking, or participating in, investment appraisal and portfolio prioritization reviews.


• Business managers responsible for managing the operational functions by which, or within which, change initiatives are delivered and benefits are realized.


• Change Managers and Benefits Managers responsible for managing business change and benefits realisation.

You will learn how to

• Understand definitions, scope and objectives of benefits management, barriers to its effective practice, and the key success characteristics.


• Apply principles upon which successful approaches to benefits management are based.


• Use five practices contained within the Benefits Management Cycle and relevant techniques applicable to each practice.


• Understand scope of key roles and responsibilities for benefits management and the typical contents of the main benefits management documentation.


• Understand approaches to implementation and the factors to consider in sustaining progress.

Benefits for you as an individual

As a certified Benefits Management subject matter expert you will be able to facilitate an organization-wide understanding of the benefits a project or programme will produce and be able to measure when they are realized.
In addition to this you will be able to implement methods, including knowledge of management accountancy, behavioural finance, psychology, neuro-science and systems thinking in your projects and any future benefits management activities.

Benefits for your organisation

Having certified Benefits Management subject matter experts embedded in your organisation will enable your business to demonstrate more efficient and effective practices through better use of available resources. 
It will also enhance an organization's ability to retain motivated and skilled change management staff as well as attracting investors.
 

Prerequisites

Additional Exam Information

• Multiple choice format


• 50 questions per paper


• 25 marks or more required to pass (out of 50 available) - 50%


• 40 minutes duration


• Closed-book

Pre-Coursework