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Investment Management Standard training

The Investment Management Standard (IMS) is a collection of simple, common-sense ideas and practices that help an organisation to direct resources to deliver the best outcomes.

Investment Management Standard (IMS) Training for Government

Build better business cases. Make smarter investment decisions.

The Investment Management Standard (IMS) is a cornerstone of how the Victorian Government plans, prioritises and funds public investments. Whether you’re developing a business case, designing a program, or making a funding submission, understanding IMS is essential.

Ideas Advisory—leaders in business case development and investment thinking—offers two purpose-built training options to help you and your team get the most from the IMS framework:

Free Online Introduction to the Investment Management Standard

A practical overview of IMS tools, outputs and process

New to IMS or need a refresher? This free 90-minute webinar introduces the core elements of the IMS, including the Investment Logic Map (ILM), Benefit Map (BM) and Investment Concept Brief (ICB). Learn how IMS supports the Victorian budget process and what good outputs look like.

Perfect for: Public servants, project teams, finance, policy and strategy staff

Understanding IMS: A Full-Day Practical Course

Deepen your knowledge and apply IMS to real investment decisions

This immersive one-day course takes you beyond theory into practice. Learn how the full suite of IMS outputs—including the ILM, BM, Benefit Management Plan (BMP), and Response Options Analysis Report (ROAR)—link directly to Victorian Government business case types. Understand how to access facilitators, assess outputs, and avoid common pitfalls.

Perfect for: Project sponsors, business case writers, central and line agency staff, or anyone shaping investment proposals

Why Ideas Advisory?

We’ve supported the development and review of over $15 billion in public sector business cases using IMS. Our team includes nationally recognised facilitators and former DTF reviewers who bring sharp insight, real examples, and practical tools to every session.