MoP® Foundation

The start of your journey into Portfolio Management
Overview

For some time focus of businesses has been on the effective delivery of change.  Often delivered using trusted project and programme frameworks, such as PRINCE2® or MSP®, these tools help us to ‘Deliver things right’.

Increasingly organisations are asking, are we investing in the right change initiatives? That is ‘are we doing the right things’. Recently Portfolio Management has emerged as a way of ensuring the correct priority and balance is applied to business change initiatives.

Management of Portfolios® is the best practice framework for Portfolio Management from AXELOS. This course will take you through how you define a Portfolio using the Portfolio definition cycle and how you deliver one using the Portfolio delivery cycle.

The MoP Foundation course provides you with a grounding in the principles and best practices of this area of study.

Course Code
MoP3FND
Duration
3 Days
Delivery Style
Classroom
Course Type
Private Only
Max Delegates
12
Available as Nutshell
No

Book your virtual training

  • Date
  • Venue
  • Cost
  • More info
Purpose of this course

MoP helps organizations answer a fundamental question ‘Are we sure this investment is right for us and how will it contribute to our strategic objectives?’. Investment is the keyword because portfolio management is about investing in the right change initiatives and implementing them correctly.

Who is this course for

Any organisation or individual seeking to develop their skills in effective Portfolio Management. The course is suitable for senior managers and decision makers, practitioners involved with Programme or Project Management (PPM) and Change Management.

You will learn how to
  • Understand the principles & benefits of successful portfolio management
  • Define the 5 steps to defining a portfolio and the 7 steps to delivering a portfolio
  • Understand the steps in a Business Change Lifecycle and how this relates to portfolio delivery
  • Use a range of techniques to create impactful progress reporting for portfolio stakeholders
  • Understand how existing processes for risk, finance, resource and communications management are applied to portfolio management
Benefits for your organisation

Change is costly but the benefits can be huge.  However as an organisation you not only need to ensure that Projects or Programmes are run correctly but also give adequate consideration to your Portfolio.  Ensuring that your investment goes into the right initiatives at the right time and thus deliver the right results.

Benefits for you as an individual

The MoP guide provides insights for managers who are responsible for delivering their organisation’s change initiatives, in addition to guidance for management of the portfolio of work.

What is portfolio management?

Explanation of key portfolio management definitions, the benefits of portfolio management, some common misconceptions relating to it, and 7 steps to staging the implementation of portfolio management

The strategic and organisational context

Placing portfolio management within a context of business as usual, programme and project, and performance management. In addition, contextualising portfolio management in relation to corporate governance and corporate functions

Portfolio management principles

Introducing the principles of senior management commitment, governance alignment, strategy alignment, portfolio office and an energised change culture

Portfolio management cycles

The use of the portfolio delivery and definition cycles

Portfolio definition cycle

Detailed discussions on the practices: understand, categorise, prioritise, balance and plan

Portfolio delivery cycle

Discussions on the practices: management control, benefits management, financial management, risk management, stakeholder engagement, organisational governance and resource management    
 

Prerequisites

This course builds on an understanding of change within an organisation. Suitable candidates will be used to assessing business cases, and be working at portfolio level within an organisation. A qualification in either Prince2 or MSP is strongly recommended.

Pre-course work required

15 hours of pre-course preparation is required, along with some evening work during the course. Pre-Course material will be sent to you 4-6 weeks before the start of the course.

Pre-course reading and post-course support on Quanta Learn, our e-learning portal.

More about the exam

The MoP Foundation exam consists of 50 multiple choice questions taken over 40 minutes. It is closed book and candidates need 50% to pass.

If taken as online proctored exam there is an additional £25 fee payable per exam