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Project Benefits Management

About this course:    
This course covers the entire benefits management lifecycle from initial identification to final measurement and review. Too many projects proceed without a clear picture of the benefits they are supposed to accrue, many even complete with no plan to monitor the difference the outputs of the project make. It is important to differentiate here, this course focuses on benefits and not outputs. Often this falls into the domain of program management but it is vital for project managers to understand the essentials.

Duration: 1 day; 7 PDUs

Course objectives:  
  • To understand a standard benefits management lifecycle
  • To be able to manage the tasks required in each stage of the lifecycle
  • To understand how to model and measure benefits
  • To understand how to develop a detailed profile for each benefit
  • To understand the different stakeholders and owners involved in benefits management
  • To be able to put together a benefits management plan / strategy

Course outline:
During this coure you will learn how to m anage the entire project benefits  lifecycle, you will understand and overcome barriers to effective benefits management and will be helped to construct an effective benefits management strategy

Topics considered during the course include:

  •   Benefits of Managing Benefits!                        
  • Barriers to Managing Benefits
  • Benefits Management Lifecycle                       
  • Benefits Management and Business Case
  • Benefit Types
  • Identifying Benefit Owners
  • Benefits Modelling
  • Benefits Realisation Plan
  • Transition Management
  • Benefits Evaluation – Post Project Review


Course accreditation and prerequisites

There are no prerequisites for this course. The course is designed for anyone who wants to develop their understanding of the requirements of successfully managing benefits from projects.

PCMi Limited is a Registered Education Provider with the Project Management Institute. This course will provide 7 Professional Development Units (PDUs) to any participant who holds a relevant PMI credential.

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