About the Course
The Managing Benefits framework provides organisations with guidance on how to focus on what measurable benefits they need to deliver to satisfy the strategic objectives of the organisation. This allows them to focus limited resources on the most beneficial activities. 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.
The Foundation level aims to measure whether you understand the principles, practices, techniques, roles, responsibilities and documents of benefits management.
Duration
This is an intensive three-day course that prepares you for the Managing Benefits Foundation examination. The training is conducted via a virtual training environment.
Pre-Requisites
There are no pre-requisites for attending this course; although people from a ‘Change’ background or interest will benefit most
Accredited AgilePM® training is provided by ILX Group, an APMG-International Accredited Training Organisation
Target Audience
The target audience includes all those with a role in ensuring best use of funds by maximizing the benefits realised from change initiatives. This multi-disciplinary group includes:
- Change leaders (e.g. senior responsible owners and directors of change)
- Change initiators (e.g. strategic planners and policy leads)
- Change appraisers and evaluators (e.g. business case developers and project appraisers)
- Change implementers/enablers (e.g. portfolio, programme and project managers)
- Change support staff (e.g. portfolio, programme and project office staff)
Pre-Requisites
There are no pre-requisites for attending this course; although people from a ‘Change’ background or interest will benefit most
Pre-Reading
There is some mandatory pre-course reading that must be undertaken prior to attending this course. It will be issued with your joining instructions approximately two weeks prior to course commencement. Please ensure you allow time to complete this in full prior to your attendance , it is expected that it will take approximately four hours to complete. In addition, whilst attending your course there will also be some examination preparation evening work.
The Exam
How You Take Your Exam
The exam is taken online via remote proctor. Two weeks prior to course commencement ILX will arrange for an exam voucher to be issued. You then have a choice you can either:
- Book a suitable time after your virtual classroom event has finished to undertake your exam
OR
- We currently allocate exam time within the virtual classroom event. So that you can book directly, we will advise you of recommended exam timings as part of the candidate guidance — this is issued three weeks prior to course commencement
Note: You are responsible for booking your own exam.
EXAM FORMAT
The exam format for the Managing Benefits Foundation qualification is as follows:
- Multiple choice format
- 50 questions per paper
- 25 marks or more required to pass (out of 50 available) – 50%
- 40 minutes duration
- Closed-book
Learning Objectives
By the end of the course you should be able to understand and describe the following:
- 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.
