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Skill Overview

The Managing Benefits™ Foundation serves as a fundamental step towards understanding benefits management principles and practices. Through the Managing Benefits Foundation, you will gain an understanding of the scope, objectives, and barriers to effective benefits management, as well as how to implement successful approaches.

Combining established guidance, Managing Benefits consolidates existing resources into a singular source and is designed for anyone committed to optimising benefits from change initiatives while ensuring cost-effectiveness. Upon completion of the Foundation qualification, you will be well placed to implement diverse methods for forecasting realistic benefits and enable more efficient practices.

Learning Objectives

The Managing Benefits™ Foundation will cover a range of topics, including:

Definitions, scope, and objectives of benefits management
Principles upon which successful approaches to benefits management are based
Barriers to its effective benefits management and the key characteristics of success
Five practices contained within the Benefits Management Cycle and relevant techniques applicable to each practice
Key elements of portfolio-based benefits management
Scope of key roles and responsibilities for benefits management and the typical contents of the main benefits management documentation
The various approaches to implementation and the factors to consider in sustaining progress.

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The Managing Benefits Foundation is aimed at professionals who want to ensure the best use of taxpayers’ and shareholders’ funds by optimising the benefits realized from change initiatives. This includes those in roles like Senior executives, Business managers, and Portfolio managers.

However, there are no formal entry requirements to study the Foundation.

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