Management of Value (MoV®) Foundation - Classroom (exam included)

1.850,00 EUR

  • 2 days
Live Virtual Classroom
In House / In Company
Select your start date

Management of Value® provides a systematic method for defining value for organizations and communicating it clearly to maximize value across portfolios, programs, projects, and operations. It reflects the organization’s strategic objectives on the portfolio level. It sets the agenda for the program that delivers these objectives, defining the projects undertaken to achieve the required outputs. Management of Value (MoV®) has evolved from the tried and successful practice of value management across many sectors over many years. The MoV guidance aligns the established methods with the AXELOS-owned Programme and Project Management guidance. The direction describes methods that are not new, but their use is often overlooked or misapplied.

Course timeline

Hero
  1. Introduction to MoV

    Lesson 01

    The relationship between MoV and other best practice management products

    Definition of value

    Description of MoV in terms of what it is, where it can be used, when it should be used, and finally, what is involved in its use: MoV principles

    Description of the seven MoV principles: MoV processes

    Description of the seven MoV processes

  2. MoV Techniques

    Lesson 02

    Description of:

    Function analysis

    Function cost analysis

    Value engineering and analysis

    Other standard techniques often used in MoV

  3. MoV Approach and Implementatoin

    Lesson 03

    Description of a generic process around which a study can be structured.

    Description of the relationships between the MoV study leader and the rest of the team.

  4. MoV Environment

    Lesson 04

    Description of the external and internal factors that affect MoV policies and strategies

    Description of the considerations for the portfolio, program, project, and operational environments

  5. MoV Embedding

    Lesson 05

    Overview of the embedding process

    Key benefits of embedding MoV

    Key steps of embedding MoV

    Roles and responsibilities required when using MoV

    Overcoming barriers to implementation

  6. MoV Appendices

    Lesson 06

    MoV documents

    MoV toolbox

    MoV health check

    MoV maturity modeling

  7. MoV Examination Simulator

    Lesson 07

    How to approach the MoV Examination

    Sample Questions

  8. Exam Format

    Exam Information

    The exam will be taken online, giving you the comfortable choice of writing the exam at home or the office. We require a computer with an internet connection for the exam and a webcam (ProctorU). The exam is included in this eLearning package. Very flexible!

    Exam format:

    - Multi-choice

    - 50 questions per paper

    - 25 marks required to pass (out of 50 available) pass mark - 50%

    - 40 minutes duration

    - Closed book

Learning Outcomes

The purpose of the foundation-level certification is to confirm that a candidate has sufficient knowledge and understanding of the MoV guidance to:

Enable Participants to Contribute Effectively to MoV Activities led by Others

Enable Participants to Understand and Explain MoV to Others

Key Features

2-day online classroom

Full Tutor Support

Many other additional materials to help put MoV into practice.

MoV Foundation Mock Exam Revision Tool

MoV Foundation ONLINE Exam

Valid for 12 months from purchase date.

Hero
certification training

Why it's worth your time!

Professional certifications are important for your personal development and improve the credibility of your expertise in that field. Here are 6 other benefits:

Create a Competitive Advantage

Improve your Knowledge and Skills

Professional Credibility

Career Advancements

Personal Development

Meet Professional or Corporate Requirements

Learn more
certification training

Need corporate solutions or LMS integration?

Didn't find the course or program which would work for your business? Need LMS integration? Write us, we will solve everything!

;