Benefits Management Overview

This one-day course will introduce the student to key concepts, such as strategic objectives, program management, business needs, business outcomes and, of course, benefits. Once the basics are understood, the student will be taken through the entire benefits management life-cycle, from benefits identification and analysis, through benefits delivery, to benefits transition and sustainment. Customizable templates will be made available to support this effort.

Next Start Dates
To be confirmed
Fee:

POA

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  • Skill Level
    Short Courses
  • Duration
    • 1 Day
  • Support
    • Tutor on call
    • Exam simulator
  • Assessment
    • 7.5

Course Description

On completion of this course, the student will be able to:  

  • Define the basic concepts – benefits, business objectives, program management, strategic objectives
  • Identify benefits, based on the business objectives
  • Analyse benefits by establishing appropriate critical success factors and key performance indicators
  • Deliver benefits in a timely fashion, ensuring that the work is going according to plan
  • Transition benefits to a sustaining organization
  • Sustain benefits, or at least understand how they will be sustained by another organization

This course is aimed at project managers who want to see the bigger picture. Having a clear appreciation of the business goal of your project and the benefits its sponsors are expecting will allow the project manager pitch progress reports in a manner more clearly understood by senior management

Project managers often regard their work as taking a set of requirements and producing a tangible set of deliverables that satisfies these requirements. However, the people sponsoring the project often have an entirely different perspective of the project. They have commissioned it to fulfil a business need and to produce both tangible and intangible benefits. The basic concepts:

  • Deliverables, outcomes, benefits, objectives, program management
  • Benefits identification
  • The Benefits Breakdown Structure
  • Benefits analysis and planning
  • Benefits Delivery
  • Benefits Transition
  • Benefits Sustainment

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Your career is a journey, and you’ll need to stay relevant as the profession evolves and as the needs of employers grow and change. Maintaining your PMI certification is a significant competitive advantage. It keeps you relevant and helps you better position yourself as the answer to what company's demand.

To keep your certification and keep you relevant and competitive for employer demanded skills,you’ll need to participate in professional development activities, and earn and report professional development units (PDUs.) The goal is to ensure that your certified competencies stay relevant and up to date.

There are tons of opportunities to earn PDUs.PMP credential holders love Velopi's PDU Centre because it's the easiest way to earn and document the 60 hours of professional development units (PDUs) that are required over a 3 year period.

As a learner with us, Velopi's PDU Centre helps you earn and report your Education PDUs to keep up to date and maintain your certification through our classes, seminars and webinars as well as self directed learning. Visit the Velopi PDU Centre to see our upcoming classes and webinars and Discover ways to earn PDUs or report earned PDUs with our Velopi PDU Centre.

Upcoming PDU Opportunities from Velopi's PDU centre
Certified Associate In Project Management (CAPM)® Training
Project Management Professional (PMP)® Training
Project Management Essentials

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