MoP® Foundation Training Course

Course Outline

Module 1: Overview

• The definitions of portfolio and Portfolio Management
• The Portfolio Management model and the relationship between the principles, cycles, practices and relevant techniques
• The differences between portfolios and Portfolio Management on the one hand, and projects/project management and programmes/programme management on the other
• The local circumstances that will affect how the MoP® principles and practices will be adapted and how cost effective approaches can be adopted
• The objectives and benefits of Portfolio Management

Module 2: Implement, Sustain & Measure

• The three broad approaches to implementing Portfolio Management; when each approach to implementation is most relevant, the advantages of planned approaches to implementation
• The benefits of assessing the impact of Portfolio Management
• Seven steps (and their benefits) in a staged implementation of Portfolio Management
• The factors to consider in sustaining progress
• Approaches to assessing Portfolio Management maturity

Module 3: Strategic & Organisational Context

The 6 key functions/activities that Portfolio Management needs to coordinate with to achieve strategic objectives
Identify how Portfolio Management can:

• Coordinate with Business As Usual, strategic planning, resource allocation and budgeting, project and programme management, performance management to deliver strategic objectives
• Support effective corporate governance

Module 4: Portfolio Management Principles

The 5 principles upon which effective Portfolio Management is based

• Senior management commitment
• Governance alignment
• Strategy alignment
• Portfolio office
• Energised change culture

Module 5: Portfolio Definition Cycle

The portfolio definition practices:

• Understand
• Categorise
• Prioritise
• Balance
• Plan

Understand the terms and concepts relating to the portfolio definition cycle.

The techniques of:

• Three point estimating and reference class forecasting
• Driver-based strategic contribution analysis
• Multi-criteria analysis
• Decision conferencing
• Clear line of sight

What is involved and the keys to success.

Module 6: Portfolio Delivery Cycle

The portfolio delivery practices:

• Management control
• Benefits management
• Financial management
• Risk management
• Stakeholder engagement
• Organisational governance
• Resource management

The techniques of:

• Management by exception
• One version of the truth
• Staged release of funding
• Clear line of sight reporting
• Champion-challenger model

What is involved, the main elements, and keys to success.

Module 7: Roles & Documentation

• The purposes and responsibilities of the main Portfolio Management roles identified in MoP®
• The purposes of the main Portfolio Management documentation