Maximise Value Of Programme And Project Objectives
Introduction
Our 3-day Management of Value (MoV®) Foundation training course provides you with a clear understanding of the guidance designed to help maximise value within the achievement of programme and project objectives and the delivery of key stakeholder requirements.
Whilst MoV® supplements the main purposes of PRINCE2®, MSP® and M_o_R®, its core message is about maximising value.
Its Place In The Cabinet Office Best Practice Guidance (Formerly OGC Best Practice Guidance)
Its Relationship To Other Management Methods
The 7 MoV® Principles
Align With Organisation's Objectives
Focus On Functions & Required Outcomes
Balance The Variables To Maximise Value
Apply Throughout The Investment Decision
Tailor To Suit The Subject
Learn From Experience & Improve Performance
Assign Clear Roles & Responsibilities & Build A Supportive Culture
The 7 MoV® Processes
Frame The Programme Or Project
Gather Information
Analyse Information
Process Information
Evaluate & Select
Develop Value Improving Proposals
Implement & Share Outputs
MoV® Techniques
Techniques unique to MoV®
Generic techniques that can be used within MoV®
Implementing MoV®
Planning MoV® Activities
Responding To External & Internal Factors
Portfolio, Programme & Project Considerations
Operational Considerations
Embedding MoV® Into An Organisation
Description
Our MoV® Foundation training course will equip you to take the examination and it will also include practical exercises which will help you prepare for our 2-day MoV® Practitioner training course.
At the end of our course you will be able to understand a proven methodology comprising a unique set of principles, processes and techniques, and in particular how:
To clarify your organisation's objectives and value priorities
MoV® can be applied within an operational environment
To organise and contribute To MoV® studies
The tailoring and embedding of MoV® within your organisation could be approached
About the Course
Once you have completed our training course, you will be able to assist your organisation to focus on maximising value by implementing principles that will help to:
Achieve transformational change more quickly
Contribute to an improvement In decision-making and policy-making
Meet the need to do more with less and to balance the increasing demands with available resources without compromising on quality
Maximise Return On Investments
Who Should Attend
Our MoV® Foundation training course is aimed at those who have no prior knowledge or experience and those who wish to acquire sufficient knowledge to enable them to make a positive contribution to any project, as well as contributing to improvements in the operational environment.
It will be equally beneficial to anyone responsible for, or supporting Portfolio, Programme, or Project Management in the public or private sectors operational efficiency improvement initiatives.
Materials Provided
Full Materials Including Comprehensive Course Workbook
Highly Skilled and Knowledgeable Tutors
MoV® Foundation Examination
Refreshments
Organisational Benefits
Deliver more relevant outcomes less expensively.
Measure and audit value, taking into account monetary and non-monetary benefits and achieving optimal balance between them, thus demonstrating optimum value has been achieved.
Enable effective consultation and engagement of stakeholders and end users and reconcile differing needs.
Improve benefits, reduce expenditure and speed up delivery without impacting essential project scope or service quality.
Enable more efficient delivery by employing fewer resources to better effect.
Individual Benefits
Provide a way of addressing competitive advantage by adding value.
Promote sustainable decision making, based on adding value, by addressing both monetary and non- monetary factors.
Maximise value in line with the programme and project objectives and key stakeholder requirements.
Provide a means to define objectives and scope clearly in terms of the organization’s and end users’ short and long term needs.
Supplement current management practices to increase value delivered and make better use of resources.
Prerequisites
Please Note: You must bring photographic identification with you on the examination day (passport, driving license or student card). Failure to produce a valid form of photographic identification may result in you not being able to sit the examination.
Prereading
There is no prescribed pre-course reading required
Exam Overview
MOV Foundation Examination
Key exam information:
40 minutes duration
Closed book
50 multiple-choice questions
50% pass mark
Throughout the MOV Foundation course, delegates will be exposed to numerous examples of examination questions. We will undertake a number of exercises and 'question-and-answer' sessions that will help consolidate the learning, thereby ensuring that delegates are more than adequately prepared for the final examination.
MoV® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Exam Type
Classroom Exam
Professional Development Units - PDUs
There are no Professional Qualification Credits associated with this course.
Qualifications
MoV® Foundation Certificate
Next Steps
Learn the practical approach of Management of Value (MoV®) with our 2-day MoV® Practitionertraining course - Get in touch with one of our friendly Account Managers today.
Conclusion
Congratulations! Once you have successfully completed the MoV® Foundation examination, you will be awarded the MoV® Foundation Certificate.
MoV® Foundation Course Dates
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