Management of Value (MoV®) Foundation - eLearning (exam included)
750,00 EUR
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
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.
MoV Techniques
Lesson 02
Description of:
- Function analysis
- Function cost analysis
- Value engineering and analysis
- Other standard techniques often used in MoV
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.
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.
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
MoV Appendices
Lesson 06
- MoV documents
- MoV toolbox
- MoV health check
- MoV maturity modeling
MoV Examination Simulator
Lesson 07
- How to approach the MoV Examination
- Sample Questions
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
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Enable Participants to Understand and Explain MoV to Others
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Key Features
6 months of online access to our accredited MoV Foundation Course
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Full Tutor Support
Many other additional materials to help put MoV into practice.
MoV Foundation Mock Exam Revision Tool
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MoV Foundation Online Exam
Valid for 12 months from purchase date.
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
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