Management of Portfolios (MoP™) provides advice and examples of how to apply principles, practices, and techniques that together enable the most effective balance of organisational change and business as usual.
Delivered by fully accredited trainers and industry leading experts with extensive experience of portfolio management, the course engages with the students to ensure that theory is embedded and delegates feel confident in the practical application of MoP™.
Who is this course for?
The MoP™ Practitioner qualification is aimed at those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realisation. It is relevant to all those involved in the selection and delivery of business change initiatives including:
- Members of management boards and Directors of Change
- Senior Responsible Owners (SROs)
- Portfolio, Programme, Project, Business Change, and Benefits Managers
- Business Case writers and project appraisers.
A successful Practitioner candidate should be able to apply and understand how to tailor MoP effectively. And, with suitable support, be able to advise on the implementation of appropriate practices, techniques, and apply the method to a live portfolio.
Specifically candidates should be able to demonstrate their ability to:
- Define the business case to get senior management approval for portfolio management
- Plan the implementation of portfolio management
- Select and adapt MoP principles, practices and techniques to suit different organisational environments
- Evaluate examples of MoP information (including documents and role descriptions)
- Analyze the solutions adopted in relation to a given scenario.
Course pre-reading and preparation
Whilst there is no prescribed reading list for the qualification, it is assumed that delegates are familiar with Office of Government Commerce (OGC) Best Practice Guidance together with any internal Project and Programme Management framework used by their organisation.
Accreditations and exams
All delegates will be given the opportunity to sit the MoP™ Foundation examination in the late afternoon of the third day of the course. The MoP™ Foundation exam consists of:
- 50 multiple choice questions
- 40 minutes
- Candidates require a minimum of 25 correct answers (50%) to pass.
The Foundation exam is marked and provisional results are given to all candidates before the end of the third day.
Successful Foundation candidates will be given the opportunity to sit the MoP™ practitioner examination in the afternoon of the last day of the course. The MoP™ practitioner exam consists of:
- 80 multiple choice questions
- 3 hours
- Candidates require a minimum of 40 correct answers (50%) to pass.
The Practitioner paper is marked by the APMG with results normally release two weeks after.
Delegates must bring photographic identification with them on exam days (passport, driving license, or works pass) as it is an examination requirement to produce it for the invigilator prior to the exam. Failure to produce a valid form of photographic identification may result in a candidate not being able to sit the exams.
Additional work will be required during evenings consisting of consolidation reading and a mock examination. This evening work is an integral part of the course and delegates should expect to spend 2 hours each evening on these activities.
The fee does not include residential costs. Residential courses are normally held in Bournemouth.
Overview (5 topics)
- The definitions of portfolio and portfolio management
- The portfolio management model and the relationship between the principles, cycles, practices and relevant techniques
- The differences between portfolios and portfolio management on the one hand, and projects/project management and programmes/programme management on the other
- The local circumstances that will affect how the MoP principles and practices will be adapted and how cost effective approaches can be adopted
- The objectives and benefits of portfolio management
Implement, sustain and measure (5 topics)
- The three broad approaches to implementing portfolio management; when each approach to implementation is most relevant, the advantages of planned approaches to implementation
- The benefits of assessing the impact of portfolio management
- Seven steps (and their benefits) in a staged implementation of portfolio management
- The factors to consider in sustaining progress
- Approaches to assessing portfolio management maturity
Strategic and organizational context (4 topics)
- The 6 key functions/activities that portfolio management needs to coordinate with to achieve strategic objectives
- Identify how portfolio management can:
- Coordinate with Business As Usual, strategic planning, resource allocation and budgeting, project and programme management, performance management to deliver strategic objectives
- Support effective corporate governance
Portfolio management principles (6 topics)
- The 5 principles upon which effective portfolio management is based
- Senior management commitment
- Governance alignment
- Strategy alignment
- Portfolio office
- Energised change culture
Portfolio definition cycle (14 topics)
- The portfolio definition practices:
- Understand the terms and concepts relating to the portfolio definition cycle.
- The techniques of:
- Three point estimating and reference class forecasting
- Driver-based strategic contribution analysis
- Multi-criteria analysis
- Decision conferencing
- Clear line of sight
- What is involved and the keys to success
Portfolio delivery cycle (15 topics)
- The portfolio delivery practices:
- Management control
- Benefits management
- Financial management
- Risk management
- Stakeholder engagement
- Organizational governance
- Resource management
- The techniques of:
- Management by exception
- One version of the truth
- Staged release of funding
- Clear line of sight reporting
- Champion-challenger model
- What is involved, the main elements, and keys to success
Roles and documentation (2 topics)
- The purposes and responsibilities of the main portfolio management roles identified in MoP
- The purposes of the main portfolio management documentation
Practitioner Examination Overview (1 topic)
- An overview of the MoP Practitioner exam - length, number and type of questions, etc
Implement, sustain and measure (2 topics)
- Identify appropriate approaches when implementing, sustaining, and measuring portfolio management for a given scenario
- Analyse whether recommended approaches to implementing, sustaining, and measuring portfolio management have been undertaken appropriately in the context of a given scenario, with reasons
Portfolio definition cycle (3 topics)
- Apply and tailor the practices and techniques of the portfolio definition cycle to a scenario
- Identify appropriate practices and techniques within the portfolio definition cycle
- Identify, analyse and distinguish between appropriate and inappropriate application of portfolio definition practices and techniques to a scenario
Portfolio delivery cycle (4 topics)
- Apply and tailor the practices, techniques and responsibilities of the portfolio delivery cycle to a scenario
- Identify appropriate practices and techniques within the portfolio delivery cycle
- Identify, analyse and distinguish between appropriate and inappropriate application of portfolio delivery practices to a scenario
- Analyse whether the approaches adopted are appropriate, with reasons, in a given scenario
Roles and documentation (6 topics)
- Apply and tailor MoP to a scenario.
- Identify appropriate application of the main portfolio management roles identified in MoP
- Identify, analyse and distinguish between appropriate and inappropriate application of the syllabus area to a scenario.
- Analyse whether, the specified roles have been involved appropriately, with reasons
- Identify appropriate information, using typical contents, for inclusion in the relevant portfolio documentation
- Analyse whether the portfolio documentation is fit for purpose, with reasons
Leeds (City Exchange)