The EVC Foundation Course & Certification (EVCf) program from Glomark-Governan, presents an introduction to the EVC (Enterprise Value Creation) Framework, including an introduction to TBO® (Total Benefit of Opportunity), TCO (Total Cost of Opportunity), and TRO® (Total Risk of Opportunity).
Emphasis on EVC Foundation is the TBO™ Model, which provides the elements and process to easily and objectively IDENTIFY and ASSESS the benefits of any initiative or project.
Frequent exercises allow the participants to develop the necessary skills and competence to assess and determine economic benefits.
WHO SHOULD ATTEND?
The EVC Foundation Course & Certification program is designed for any professional or executive that prepares, participates or approves business cases; including:
- CIOs and IT executives
- PMO directors and project managers
- ITSM and PMO professionals
- Business analysts and business systems analysts
- Technology sales professionals and marketing managers
- IT consultants, architects, and analysts
- Business areas and sourcing executives
At the end of the EVC Foundation (EVCf) class, the Participants have the option to become certified in EVCf. The EVCf Certification will enhance the Participant’s Resume and Profile adding value to future career enhancements and promotion opportunities.
The EVC Foundation Course & Certification program is the first level in the portfolio of EVC training and certification programs from Glomark-Governan. After EVC Foundation participants can develop additional Enterprise Value Creation skills at the EVC Practitioner, EVC Architect and EVC Master levels.
EVC Foundation Syllabus
I. Introduction to EVC Presents why the changes happening in the Digital Age require a different and better approach for assessing and communicating the value of solutions to internal and external customers; and preparing an objective case not just to get a project approved, but also to realize the forecasted benefits.
II. Value Types A Business Case goes beyond ROI. A business case must demonstrate value at all key levels in an organization, including the strategic, financial, economic, and operational value of a solution. These section present the key value types, and how they must be presented to key decision makers, and to all the necessary project stakeholders in order to realize the expected benefits and minimize resistance to change.
III. Business Value Plan (BVP) The section presents the different types of reports that can be presented to internal and external customers to communicate value creation, depending on the type of initiative—from rapid ROI analysis, to complete Business Value Plans.
IV. EVC Framework Introduction This section presents the three main models of the EVC Framework, including TBO™ (Total Benefit of Opportunity), TCO (Total Cost of Opportunity) and TRO™ (Total Risk of Opportunity); which are necessary to demonstrate the value of an initiative, and get approval from the key decision makers. The section also presents the stages and capabilities needed to assess, quantify, forecast, validate and measure the benefits, costs and risk with all the stakeholders and key decision makers.
V. EVC Principles, Enabling Tools & Best Practices This session is about 50% of the course content. It presents the fundamental EVC elements and enabling tools to identify the project benefits.
VI. EVC Stakeholders roles The benefits, costs and risk of a project need to be validated with the necessary stakeholders to ensure that the expected value from the project is realized. These session presents how to get the stakeholders, including benefactors, beneficiaries, and other constituencies, involved to validate the benefits and costs, and increase the probability of project success.