Organizations and governments invest in projects and programmes is to realize benefits in terms of:
- Increased revenue;
- Efficiency savings;
- Delivering a tangible contribution to a strategic objective or business priority;
- Meeting a legal or regulatory requirement or to maintain business as usual.
Despite this, various research shows that organizations in the public, private and third sectors continue having problems in demonstrating return on investments.
The Managing Benefits training aims to help address this problem by providing managers from multiple disciplines, working in a variety of organizations, with generally applicable guidance on benefits management principles, practices and techniques. Managing Benefits provides:
- An overview of benefits management - what it is, the case for doing it, and some common misconceptions that can limit its effectiveness in practice.
- Descriptions of the seven principles upon which successful approaches to benefits management are built, and examples of how they can be/have been applied in practice.
- Guidance on how to apply benefits management at a portfolio level, as well as at an individual project or programme level.
- Details of the five practices in the Benefits Management Cycle and examples of how they can be/have been applied in practice.
- Advice on how to get started in implementing effective benefits management practices and sustain progress.