Managing Benefits™ Foundation Course Australia

The Managing Benefits™ Foundation course provides a comprehensive introduction to the principles and practices of effective benefits management. Designed around internationally recognised best practice, the course teaches you how to identify, plan, monitor and realise benefits so that projects, programmes and change initiatives deliver measurable value.

You’ll gain an understanding of the Managing Benefits™ framework, including benefits identification, benefits mapping, stakeholder engagement, governance and benefits realisation planning. The course also explores how benefits management supports strategic objectives and improves organisational decision-making.

Whether you’re working in project management, programme management, business analysis, PMO, organisational change or leadership, Managing Benefits™ Foundation provides practical knowledge that can be applied across projects and transformation initiatives in both the public and private sectors.

Successfully completing the course prepares you for the official Managing Benefits™ Foundation examination while providing the confidence to support benefits management activities within your organisation.

This Managing Benefits Foundation course 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.

Managing Benefits has been carefully designed to complement existing Best Practice in portfolio, programme and project management such as PRINCE2®, MSP®, P3O® & MoP®. It consolidates existing guidance on benefits management into one place, while expanding on the specific practices and techniques aimed at optimising benefits realisation.

The Foundation level aims to measure whether a candidate understands the benefits management principles, practices, techniques, roles, responsibilities and documents, specifically to know and understand the:

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

The Managing Benefits Foundation is perfect for those with a role in ensuring best use of funds by maximising the benefits realised from change initiatives. This multi-disciplinary group includes:

Change leaders (e.g. senior responsible owners & directors of change)
Change initiators (e.g. strategic planners and policy leads)
Change appraisers and evaluators (e.g. business case developers and project appraisers)
Change implementers/enablers (e.g. portfolio, programme & project managers)
Change support staff (e.g. portfolio, programme & project office staff).

Everyone involved in managing benefits, development of the Business Case, or indeed the Project will benefit from the tools and techniques described in the online Managing Benefits course, and can go on to take a recognised certification through the Foundation exam.

Although Managing Benefits would apply to any organisation undertaking change, it is particularly relevant to companies using PRINCE2® or MSP®, and builds on the Benefits Realisation within the project and programme lifecycle.

As an individual, Managing Benefits also builds on your existing qualifications of PRINCE2® or MSP® to better plan, forecast and realise improvements for your business.

Multiple choice format
50 questions per paper
25 marks or more required to pass – 50%
40 minutes duration
Closed-book exam
Take your exam online with ProctorU, find out more on our exams page

Realise benefits to improve prospects in terms of investors, clients, revenue and efficiency levels regardless of professional discipline and type of organisation.
Ability to demonstrate more efficient and effective practices through better use of available resources. This enhances an organisation’s ability to retain motivated and skilled change management staff and to attract investors.
Improved return on investment from change initiatives as more benefits are realised and sustained for longer.
Enhanced confidence on the part of regulators and funding agencies – so helping ensure continued funding for change.
Have an organisation-wide understanding of the benefits a project or programme will produce and be able to measure when they are realised.

Enhanced professional competence through benefits management practices and techniques.
Ability to implement methods, including knowledge of management accountancy, behavioural finance, psychology, neuro-science and systems thinking.
Understanding of the seven principles upon which successful approaches to benefits management are built and applied to projects, programmes and portfolios. The guide provides a route map to adoption of more cost-effective techniques and practices.
Adept at forecasting realistic benefits to produce business cases which address business issues and objectives and provide a route to measure success.
Outline costs and benefits to drive business objectives.

By completing the Managing Benefits™ Foundation course, you’ll gain a solid understanding of the principles, terminology and best practices that underpin successful benefits management.

During the course, you’ll learn how to:

Understand the purpose and value of benefits management.
Identify expected business benefits and align them with strategic objectives.
Develop benefits profiles and benefits maps.
Understand the roles and responsibilities involved in benefits management.
Apply the principles of benefits governance and stakeholder engagement.
Recognise how benefits are monitored, measured and realised throughout the project lifecycle.
Understand the relationship between benefits management, project management and programme management.
Support benefits planning across projects, programmes and portfolios.
Contribute to successful organisational change and business transformation initiatives.
Prepare for the official Managing Benefits™ Foundation certification examination.

At Training ByteSize Australia, we help professionals develop practical skills that can be applied immediately within the workplace, not just knowledge to pass an exam.

Accredited Managing Benefits™ Training

Study with confidence through an accredited training provider delivering the official Managing Benefits™ Foundation syllabus, aligned with internationally recognised best practice.

Flexible Learning

Study online from anywhere in Australia with engaging multimedia content designed to fit around your work and personal commitments.

Learn Through Practical Examples

Our courses combine expert-developed content with real-world examples, helping you understand how benefits management can be applied across projects, programmes and organisational change initiatives.

Dedicated Australian Support

From enrolment through to certification, our Australian team is here to support your learning journey and help you achieve your professional development goals.

Whether you’re beginning your career in benefits management or looking to formalise your knowledge, Training ByteSize Australia provides the expertise, flexibility and support to help you succeed.

Managing Benefits™ Foundation is an internationally recognised certification that introduces the principles and practices of benefits management. It teaches professionals how to identify, plan, monitor and realise benefits so organisations achieve greater value from their projects, programmes and investments.

The course is suitable for professionals involved in delivering or supporting projects, programmes and organisational change, including:

Project Managers
Programme Managers
PMO Professionals
Business Analysts
Change Managers
Portfolio Managers
Team Leaders
Senior Managers
Anyone involved in benefits planning or business transformation.

No. There are no formal prerequisites for Managing Benefits™ Foundation, making it suitable for both beginners and experienced professionals who want to develop a structured understanding of benefits management.

You’ll learn how to identify, map, plan, monitor and realise benefits, understand benefits governance, engage stakeholders and apply recognised best practice throughout the project and programme lifecycle.

Yes. Managing Benefits™ is an internationally recognised framework that is relevant to organisations across Australia looking to improve project outcomes, governance and benefits realisation.

Yes. Training ByteSize Australia offers flexible online learning, allowing you to study from anywhere in Australia and complete the course at a pace that suits your schedule.

The qualification is assessed through an official multiple-choice examination that tests your understanding of the Managing Benefits™ framework, terminology and key principles.

After completing the Foundation qualification, you can progress to Managing Benefits™ Practitioner, where you’ll learn how to apply the framework in real workplace scenarios.

Managing Benefits™ Foundation demonstrates your understanding of recognised benefits management best practice and can support career progression across project management, programme management, PMO, business analysis, organisational change and leadership roles.

Training ByteSize Australia delivers accredited Managing Benefits™ training with flexible online learning, engaging multimedia content and dedicated Australian support, helping you gain practical skills and internationally recognised certification with confidence.

16/2 Waterfront Place
Robina
QLD, 4226
Australia

Training teams is what we do really well, so if you have more than one person to train it may be more cost effective for you to consider our corporate solutions. Courses are offered online, on-site or virtually; there are so many options so it’s best for you to email us at [email protected] with your requirements and we will send you a tailored quote.

Online learning is a great way to study and our e-learning courses are interactive and engaging.

Studying for your qualification online is a viable option for so many project managers:

Learning is completely flexible to suits your busy schedule
The interactive online course consists of voice-over and animation to keep you engaged throughout the learning
You can access it anywhere in the world and take your exam online at a time that suits you best
The Foundation e-learning will take around 10 hours to complete and includes a quiz bank which contains a range of questions to test your knowledge and understanding of the course prior to sitting the official exam
Our pass rates are well in excess of the national average (nearly 100%!), there is really no reason you should fail!

Please be aware, the Managing Benefits handbook is required for the Foundation exam and studies, you can buy yours here.

Take control of your learning journey with Training ByteSize.

Our online courses are built around you — your schedule, your pace, your goals.

Study when it suits you — with 6 months' access, you can dip in and out whenever works best, whether that's early morning or late at night
Stay engaged from start to finish with a rich mix of voiceover, animation and interactive content that brings the subject to life
Learn from anywhere — all you need is a device and an internet connection
Build real confidence through our comprehensive quiz banks, designed to continuously test and strengthen your understanding as you progress
Join thousands of successful learners who've benefited from our outstanding results — we're with you every step of the way

With 6 months' access and no deadlines hanging over you, fitting learning around your life has never been easier. With Training ByteSize, success isn't just possible — it's expected.

Virtual classroom learning with Training ByteSize

Our Virtual Course platform delivers accredited and certified training, led by leading subject matter experts, direct to your home, mobile, computer or office without the hassle of travelling or staying away. It is so easy to fit in an online class into your busy schedule; simply log in from home, the office, or even while you are travelling.

Students can ask questions using a headset, webcam or a chat window, and get their questions answered, just like in a traditional classroom. Questions can be lined up and answered at intervals, without interrupting the teacher’s flow of thought. There is no difference in the level of interaction – in fact distractions are significantly reduced because of this way of teaching. Our trainers have a minimum of 10 years training experience, plus have previously run and managed live projects, so have real-life experience they bring to the virtual session.

Download our virtual classroom course brochure to find out more.

If you would like to find out more about this option please complete this short form and we’ll come right back to you.

Managing Benefits Foundation Course