Total Cost of Ownership & Benefits Realisation

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About Course

This program aims to equip participants with the principles and methods of benefits realisation. It explores tips, tools and techniques that procurement practitioners can use in modelling cost including their application and measurement of the models. And how to communicate cash releasing and non-cash releasing benefits from the sourcing process.

Introduction

This intensive one-day workshop provides the development and management of a benefits realisation plan at an intermediate level.

This course is designed for:

Practitioners working in procurement or commercial management who wish to develop capability in translating the potential benefits achieved through the sourcing process into harvestable benefits.

Course structure

A practical one-day workshop consisting of nine session involving exercises, case studies, presentations and trainer-facilitated discussions. Each of the sessions will be led by an experienced facilitator and will feature the key principles and practical methods which may be used in the procurement process, together with practical case study sessions to maximise the transfer from the workshop to the workplace.

Benefits of attending

Participation will help raise understanding of the design and application of benefit realisation plans to harvest value from procurement initiatives.
Furthermore, attendance will help raise capability in selecting and deploying a range of tools and methods to scale and minimise the total cost of ownership.

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