Benefits Realization

Focus on real tools and proven practical concepts that will lead to success.

Benefits are not just another dimension of portfolio management but are the basic rationale for any investment of funds.  As such, benefits should drive those investments or change decisions from initiation through implementation and beyond. It is the methodology needed by any organization intent on overcoming its inability to effectively demonstrate that the benefits desired and outlined in the business case are achieved in practice.

This course, built on a wealth of real-world experience and lessons learned, will engage the participants in achieving:

  1. Increased organizational ability to forecast benefits which are complete, realizable, and represent real value for the money. In other words, we are investing in the right things and getting them done.
  2. Realize forecasted benefits in practice by ensuring the required enabling, business, and behavioral change takes place; ensuring that the performance of the benefit matches the business case promise. 
  3. Realize benefits as early as possible and sustain that realization for as long as possible.
  4. Capture and leverage emergent or unplanned benefits (and minimize any dis-benefits) to optimize the benefits realized and the value for money is achieved.
  5. The organization’s ability to demonstrate the above – not just as part of the framework of accountability but also so that we learn what works as a basis for continuous improvement.

At-a-glance

Delivery: Instructor-Led Training
(Virtual or On-site)

Course Length: Virtual: Four 3.5-hour sessions; Onsite: 2 days

Professional Development Units (PDUs): 14 (14 Business Acumen)

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Key Outcomes

  • Describe the importance of Benefits Realization Management (BRM)
  • Define the key concepts of BRM including what it is, the case for doing it, and common misconceptions
  • Identify how BRM can be integrated within existing strategic, program, and project management processes
  • Apply BRM tools (benefits register, benefits map)
  • Advise on implementing effective benefits management practices and how to sustain progress
  • Describe the seven principles of a successful benefits management sustainment practice

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