MoP® Foundation Training Course

Learn How To Apply MoP®​ Principles, Practices And Techniques

Introduction

Our 2-day Management of Portfolios (MoP®) Foundation training course provides advice and examples of how to apply principles, practices, and techniques that together enable the most effective balance of organisational change and business as usual.

Please Note

You can book this course and hold it in credit until you have decided on a specific course date. Alternatively, please view our other course dates.
Exam Included
2 Days
£799Excl. VAT

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

Description

Our MoP® Foundation training course will give you a detailed explanation of all the steps needed to define and deliver a portfolio of initiatives, it examines the principles of best practice that an organisation needs for successful Portfolio Management.

About the Course

Our MoP® Foundation training course is delivered by fully accredited trainers and industry leading experts with extensive experience of Portfolio Management, our course ensures that the theory is embedded and that you feel confident in the practical application of MoP®.

Who Should Attend

The MoP® Foundation Qualification is aimed at those involved in a range of formal and informal Portfolio Management roles encompassing investment decision making, project and programme delivery, and benefits realisation. It is relevant to all those involved in the selection and delivery of business change initiatives including:

  • Members of Management Boards and Directors of Change
  • Senior Responsible Owners (SROs)
  • Portfolio, Programme, Project, Business Change, and Benefits Managers
  • Business Case Writers and Project Appraisers

Materials Provided

  • Full Materials Including Comprehensive Course Workbook
  • Highly Skilled and Knowledgeable Tutors
  • MoP® Foundation Examination
  • Refreshments

Organisational Benefits

  • Ensure successful delivery in terms of time, quality, budget and benefits realisation.
  • Improve engagement and communication between Senior Management and staff.
  • Offer more informed resource allocation, improved delivery and greater benefits realisation going forward.
  • Prioritise programmes and projects in terms of their contribution to your organisation’s strategic objectives and overall level of risk.
  • Provide a means for greater efficiency in the delivery of change initiatives via improved resource planning, dependency management and streamlined procedures.

Individual Benefits

  • Remove redundant, duplicate and poorly performing programmes and projects.
  • Improve coordination of existing functions and processes.
  • Ensure constrained resources are allocated to optimise strategic impact, coordinate delivery and maintain strategic alignment.
  • Invest in programmes and projects in the context of the current environmental conditions and better coordinate investment in programmes and projects, improve the management of risk and encourage collaborative working.
  • Enhance transparency, accountability and corporate governance.

Prerequisites

Our MoP® Foundation training course is open to everyone and there are no prerequisites.

The MoP® Foundation course on this page is sourced from our strategic training partner, SPOCE Project Management Ltd.

Prereading

You will be given comprehensive pre-course reading that you will need to complete before attending our MoP® Foundation course.

Exam Overview

MoP® Foundation Examination:

  • 50 multiple-choice questions
  • The examination duration is 40 minutes
  • The pass mark is 50% and requires a minimum of 25 correct answers to pass

Exam Type

Classroom Exam

Professional Development Units - PDUs

There are no Professional Qualification Credits associated with this course.

Qualifications

MoP® Foundation Certificate

Next Steps

Learn the practical approach of Management of Portfolios (MoP®) with our 2-day MoP® Practitioner training course - Get in touch with one of our friendly Account Managers today.

Conclusion

Congratulations! Once you have successfully completed the MoP® Foundation examination, you will be awarded the MoV® Foundation Certificate.

MoP® Foundation Course Dates

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