Overview

Public sector organisations are constantly carrying out a wide range of projects, from improving service delivery to streamlining internal processes.

In order to secure buy-in from key stakeholders for these projects and make sure they demonstrate value for money; it is essential that you embed return on investment analysis techniques into your project plans.

Run this Demonstrating Value and Return on Investment training course for your teams to learn how to understand benefits management; examine and apply different appraisal techniques; communicate value for money to senior stakeholders and refine your financial analysis.

This highly interactive In-House course covers how to identify the risks and all the benefits of a fit-for-purpose approach to Return on Investment. Take back ROI analysis techniques to your organisation to appraise projects and improve the value they bring.

Learning Outcomes

  • 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
  • Discover 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
[email protected]

Agenda

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09:25 - 09:30

Registration

09:30 - 10:00

Ice Breaker and Clarification of Learning Objectives

  • The Chair will discuss delegate experiences to identify personal objectives for the day and tailor the course to specific requirements
10:00 - 11:00

An Introduction to Return on Investment Analysis and Benefits Management

  • Understand what a benefit is
  • Defining benefits
  • The difference between outcomes, capabilities and objectives
  • Identifying benefits
  • The relationship between project management, change management and benefits management

The importance of benefits management

  • What is involved
  • The benefits cycle
  • Who needs to be involved
  • Benefits throughout the project lifecycle
  • Benefits mapping
11:00 - 11:15

Break

11:15 - 12:45

Examining Different Appraisal Techniques

  • Financial
  • Payback period
  • Net presence value
  • Internal rate of return
  • Cost, Benefit, Risk analysis
  • Non-financial
  • Quantifying non-financial benefits
  • Proxy indicators
  • Leading indicators
  • Using existing measures
  • Tracking on a benefits map
12.45 - 13:30

Lunch

13:30 - 13:45

Reflection Session

  • Trainer will review the day’s learning and the next stages of the course
  • Delegates will have time to ask questions and share views with one another
13:45 - 14:30

Communicating Value for Money

  • How to define value for money
  • Defining success criteria for your organisation
  • Different ways of communicating benefits at different stages of a lifecycle
14:30 - 14:45

Afternoon Break

14:45 - 16:00

Refining Your Financial Analysis through the Lifecycle

  • Revising the business case through the lifecycle
  • The five-case model and their benefits
  • The lifecycle of the five-case model
  • Toolkit: Confidence and attribution
  • Optimism bias discounting based on reference classes
16:00 - 16:15

Round Up and Key Takeaways