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Realising projects' intended benefits
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Descriptions
Who is this course for
- Change leaders e.g. Senior Responsible Owners, members of Management Boards and Directors of Change.
- Change initiators e.g. strategic planners and policy leads.
- Change appraisers and evaluators e.g. finance professionals and economists, business case writers, auditors and project appraisers.
- Change implementers/enablers e.g. Portfolio, Programme and Project Managers.
- Change support e.g. Portfolio, Programme.
You will learn how to
- 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 together with the accountabilities and responsibilities of each of the defined roles.
- Evaluate examples of benefits management information (documents).
- Analyse the solutions adopted in relation to a given scenario.
Benefits for you as an individual
As a certified Benefits Management practitioner you will be in an ideal position 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 practitioners 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
In order to take the practitioner course you will need to have passed the foundation exam.- Overview of Benefits Management
- Benefits Management Principles
- Understand the Identify & Quantify Practice
- Understand the Value & Appraise Practice
- Understand the Plan practice
- Understand the Realize practice
- Understand the Review Practice
- Portfolio Based Benefits Management
- Understand different approaches to Implementing and sustaining benefits management
Additional Exam Information
- Objective testing
- 8 questions per paper with 10 marks available per question
- 40 marks or more required to pass (out of 80 available) - 50%
- 2 ½ hours duration
- Open book exam (Managing Benefits guide only)
Pre-Coursework
Important Information:Please note, there may be a small amount of evening work to complete such as further reading or working though sample exam papers.
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