Management of Value (MoV) has evolved from the tried and successful practice of value management across many sectors and over many years.
The guidance is intended to help organizations use a successful, proven methodology to supplement their current management practices, so that they can increase the value they deliver and make better use of resources.
MoV is all about maximizing value in line with the program and project objectives and the key stakeholder requirements. It is not simply about minimizing costs.
Whilst MoV supports the project, portfolio, program, and risk management principles of PRINCE2, MoP, MSP, and M_o_R, its main focus is on maximizing value.
All delegates enrolled on virtual course bookings receive a hard copy of course materials sent to a preferred postal address.
There are no pre-requisites for this course although delegates are expected to spend time before the course reading through the pre-course materials and experience in project management is useful.
Delegates must pass the Foundation level to continue on to the Practitioner element of the course.
At the end of this course you will be able to understand a proven methodology comprising a unique set of principles, processes and techniques, and in particular how:
The course is delivered using a mixture of tutor-led time and interactive exercises to apply the concepts and principles being taught.
Introduction to MoV
Delegates are introduced to the world of the Management of Value and to the overall structure of MOV.
The 7 MoV Principles
MOV operates within a universal set of principles that can be applied to any environment. These seven principles provide the framework of good practice upon which MOV is based and include:
The 7 MoV Processes
The seven MOV processes provide a clear plan for implementing the outputs and monitoring their effective delivery.
MoV Techniques
This part of the course covers the MoV specific techniques and common techniques that are frequently used with MoV.
Implementing MoV
The implementation, embedding and need for embedding MOV into an organisation is covered here and includes:
Foundation is a closed book 40-minute multiple-choice format exam with 50 questions per paper. A total of 25 marks or more required to pass - 50%.
The Practitioner exam is an open book objective testing format exam with 8 questions per paper and 10 marks available per question.
40 marks or more required to pass - 50%.
