This course is aimed at those people who wish to become facilitators and take the pathway to accreditation as well as strategists, policy officers, business case writers, project managers and those involved with evaluation.
This course provides a comprehensive overview of the Investment Management Standard and focused training in the facilitation of the Problem Definition workshop and preparation and assessment of an Investment Logic Map.
The course is the critical foundation for individuals and organisations wanting to make clear, logical, evidence-based investment decisions.
Course options include a one-and-a-half day (in-person course) in Melbourne or part of the 3 day IMS Combined courses in Sydney, Brisbane or New Zealand or 3 morning (online) training course
This course is aimed at those people who wish to become facilitators and take the pathway to accreditation as well as strategists, policy officers, business case writers, project managers and those involved with evaluation.
Investment Management Standard (ILM) Training Part 1 – Problem Definition and the Investment Logic Map is an intensive, practical course introducing critical elements of the Investment Management Standard and in-depth exploration of the scope, intent, facilitation and quality assessment of the Problem Definition workshop and the Investment Logic Map.
It introduces specific techniques and tools that builds learner’s capability in the application and facilitation of the Problem Definition workshop and its use in business case preparation, strategic planning and investment prioritisation.
Class size is small with typically 8-10 participants. Our approach prioritises active learning and enables customisation of learning experiences to the needs of individual participants. Training incorporates stimulating formal presentations, targeted practical exercises and high levels of class participation.
The key areas covered are:
Principles of the Investment Management Standard
Focus of the workshops in the Investment Management Standard suite
Problem Definition workshop scope and techniques and tools
Preparing and assessing Investment Logic Maps
Preparing a desk Investment Logic Maps
Course participants will:
Understand the principles, intent and importance of the Investment Management Standard in investment planning, prioritisation and decision-making
Understand when the Investment Management Standard workshops can be used
Apply skills in unpacking a problem and shaping robust evidence-based problem statements
Practice aspects of workshop facilitation and workshop participation
Develop assessment skills to test the quality of an Investment Logic Map
Prepare a desk ILM
Participants will receive a training manual which covers all the materials and activities covered in the course.
The Investment Management Standard is the investment shaping and decision-making approach developed and used by the Victorian government as well as other organisations in jurisdictions across Australia and New Zealand. https://www.dtf.vic.gov.au/infrastructure-investment/investment-management-standard The Investment Management Standard is known as ILM or Investment Logic Mapping in New Zealand. https://www.treasury.govt.nz/information-and-services/state-sector-leadership/investment-management/better-business-cases-bbc/bbc-methods-and-tools/investment-logic-mapping
Our training is appropriate for IMS applications in Australia and New Zealand.
The processes and practices used within the Investment Management Standard are useful for private and public sector organisations, academic institutions and not-for-profit organisations. The thinking and methodology aims to help organisations direct their resources to achieve the best outcomes from their investments. A tightly focused, structured set of conversations with the right people about a significant need/problem, the benefits that need to be delivered and shaping options and a preferred solution is critical to smart decision-making for all organisations.
You don’t need to facilitate IMS workshops or do a lot of work before attending the training. All the key aspects of the IMS will be covered. However doing some early pre-reading outlined in our communications with you (after you book in) will help you to get the best out of the course.
We will make every effort to assist you with getting some coverage of the course content that you have missed but we won’t be able to reschedule you or offer you a refund.
We understand that things happen so….
If you are unable to attend the course you have booked into you can transfer your booking to another staff member or colleague prior to the start of the course. Just let us know. There will be no charge.
However, if you need to cancel or postpone your course (and can't find a replacement):
• More than 10 business days notice, there will be no charge. We will look to find another suitable course or you will receive a full refund of your payment.
• Between 5-10 business days notice, 75% refund of the full course fee or 75% credit can be applied to a new course
• Less than 5 working days notice, 25% refund of the full course fee or 75% credit can be applied to a new course.
Course cancellation is a very rare event!
However, if we have to cancel a course due to unforeseen illness of the facilitator OR if there are fewer than 6 registered training recipients within 10 business days before the scheduled course we will notify you immediately and any registration fees already paid for the course will be fully refunded, or transferred to the next available course upon agreement with the you.
You are able to book into any course using credit card payment, electronic funds transfer, request an invoice or pay using paypal. If you need an invoice simply select this payment option. You will be booked into the course and an invoice sent to you as part of the booking process. Payment should be completed prior to the start of the course
In-house courses are available. If you are interested in customised in-house courses please contact us to discuss your needs. We can design a bespoke course that address your learning priorities and business needs.