Management of Portfolios (MoP) Foundation inc exam
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Portfolio management helps organisations make decisions about implementing the right changes to business as usual. Rather than being a new discipline, portfolio management builds on, and co-ordinates, existing processes such as strategic planning, investment appraisal along with project and programme management. The Management of Portfolios (MoP™) guidance 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.
The course aims to be methodology independent and uses generic terms as far as possible.
The objectives of this course is to provide the students with a thorough grounding in the principles, practices, techniques, roles, responsibilities, documents, and organizational context within which portfolio management operates. Specifically to know and understand the:
- Scope and objectives of portfolio management and how it differs from programme and project management.
- Benefits from applying portfolio management context within which it operates.
- Principles upon which successful portfolio management is based.
- Approaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio management.
- Purposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practice.
- Purpose and key content of the major portfolio documents.
- Scope of key portfolio management roles.
The MoP™ foundation 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 realization. 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.
Qualifications are offered at two levels: initially at Foundation, and later in 2011 at Practitioner level.
APMG Management of Portfolios (MoP™) Foundation Examination takes place on the afternoon of the third day. Please note: You must bring signed photo ID with you on any APMG exam (passport, driving licence, student card) as you will be asked to produce it by the invigilator prior to the exam. You must also be familiar with the APMG Terms and Conditions of Certification which can be found on the APMG International website
MoP™ is a Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.
We work with the following best of breed training partners using our bulk buying power to bring you a wider range of dates, locations and prices.
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 MoPƒ''ƒš...¾ƒš' 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 (5 topics)
- Senior management commitment
- Governance alignment
- Strategy alignment
- Portfolio office
- Energised change culture
Portfolio Definition Cycle (13 topics)
- The portfolio definition practices:
- 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 (14 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
Roles and Documentation (2 topics)
- The purposes and responsibilities of the main portfolio management roles identified in MoPƒ''ƒš...¾ƒš'
- The purposes of the main portfolio management documentation
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 their any internal PPM framework used by their organisation.