COURSES > PROCUREMENT, FINANCE & FRAUD

Benefits Management to Demonstrate Value and Return on Investment

Gain Buy-in for Your Projects

Chaired by
Bernie Leadbeater

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All of our training courses can be tailored specifically for your team or organisation and presented at your offices, at another suitable location or virtually.


Overview

In the current economic climate, it is essential that public sector projects can demonstrate that they represent value for money (VFM).

Benefits management techniques help to secure buy-in from key stakeholders by demonstrating VFM and return on investment (ROI) when evaluating a project and reporting results.

This highly interactive course will help you to:

  • Understand benefits management and examine and apply different appraisal techniques

  • Identify the risks and benefits of a fit-for-purpose approach to ROI

  • Improve your approach to financial analysis and create better business cases

  • Communicate value for money to senior stakeholders more effectively

  • Have an overall positive impact on organisational performance

You will take back tried and tested ROI approaches and techniques to your organisation, improving your ability to appraise projects, improve their value and achieve better results.

Bernie Leadbeater

Project Management Consultant

As a trainer, I have presented many successful courses with consistently good feedback and excellent pass rates. I have delivered courses in the UK, Malta, Canada and Bangladesh, and throughout Europe.

 As a project manager, I have managed and participated in all aspects of projects, from initial business case to implementation and handover to support, and realization of benefits, including managing budgets, in-house project teams, 3rd party suppliers, configuration, business process re-engineering, scope, risk and change management, etc.

Learning Outcomes

  • See Benefits Management as a method to improve the value of your investments in change

  • Learn about different appraisal techniques and which works best for your project

  • Understand who needs to be involved in the appraisal process

  • Efficiently communicate the findings of a value-for-money analysis to senior management and project teams

  • Refine your financial analysis for the whole project lifecycle

  • Learn how to quantify non-financial benefits to determine the success of a project




All the Understanding ModernGov courses are Continuing Professional Development (CPD) certified,
with signed certificates available upon request for event.


Enquire About In-House Training

To speak to someone about a bespoke training programme, please contact us:

0800 542 9414
InHouse@moderngov.com



Agenda

09:00 - 09:30 Registration

09:30 - 10:00 Trainer’s Welcome and Clarification of Learning Objectives

10:00 - 11:00 An Introduction to Return on Investment Analysis and Benefits Management

  • Understand and define what a benefit is

  • Learn the difference between outcomes, capabilities and objectives

  • Know everything about benefits: identify, manage, map and track them through the project lifecycle and benefits cycle

  • Identify and understand the relationship between project management, change management and benefits management

  • What and who is involved

11:00 - 11:15 Morning Break

11:15 - 12:45 Examining Different Appraisal Techniques

  • Financial technique

  • Payback period

  • Net presence value

  • Internal rate of return

  • Cost, Benefit, and Risk analysis

  • Non-financial benefits and quantifying them

  • Proxy and Leading indicators

12:45 - 13:45 Lunch

13:45 - 14:30 Communicating Value for Money

  • Understand different ways of communicating benefits at various stages of a project lifecycle

  • Learn how to secure buy-in from stakeholders

  • Demonstrate Value for Money and Return on Investment

14:30 - 14:45 Afternoon Break

14:45 - 16:00 Refining Your Financial Analysis through the Lifecycle

  • Revise the business case through the lifecycle

  • The five-case model: its lifecycle and benefits

  • Toolkit: Confidence and attribution

  • Optimism bias discounting based on reference classes

16:00 - 16:15 Feedback, Evaluation & Close

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