MoV® Foundation Training Course

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.

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Course Overview

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.

Course Dates

Exam Included

3 Days

£1825Excl. VAT

Course Outline

Introduction to MoV®

What Is Value?
What Is MoV®?
Why It Is Needed?
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.

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® Practitioner training course - Get in touch with one of our friendly Account Managers today.