AXELOS - MoV®: The Management of Value Foundation & Practitioner

Duration

Duration:

Only 3 Days

Method

Method:

Classroom / Online / Hybrid

Next date

Next date:

24/6/2024 (Monday)

Overview

On this accelerated MoV®: (Management of Value) Foundation & Practitioner certification is a collection of principles, processes, and techniques that will help your organization to optimize the benefits of your portfolios, programmes, and projects.

It combines with PRINCE2®, MoP®, MSP®, and M_o_R® and aligns with your strategic objectives to manage value for your organization, customers, and stakeholders.

The MoV guidance explains how to use resources as efficiently and effectively as possible. At the portfolio level, it sets the agenda for the projects and programmes that will deliver your objectives. The agenda then defines the projects that will be undertaken to achieve your required outcomes.

The Foundation certification will give you sufficient knowledge and understanding of the MoV guidance to contribute effectively to value management activities and explain MoV to others. The Foundation certification is a pre-requisite for the Practitioner certification. The MoV Foundation certification will give you sufficient knowledge and understanding of the MoV guidance to contribute effectively to value management activities and explain MoV to others.

The Practitioner certification allows you to demonstrate an understanding of how to apply and tailor the MoV guidance and to analyse portfolio data, documentation and roles. You will be able to advise on the implementation of appropriate practices and techniques in a real world situation.

In just 3 days, you’ll also learn how to:

  • Help organizations use a successful, proven methodology to supplement their current management practices
  • Guide for value management
  • Increase the value you deliver and make better use of resources
  • Provide a method, supported by techniques, for allocating funds as effectively as possible
  • Clarify the best way to respond to both external and internal influences.
  • At the end of this course, you’ll sit the PeopleCert Axelos exam, and achieve your MoV®: The Management of Value Foundation & Practitioner certification. Through Firebrand’s Lecture | Lab | Review methodology, you’ll get certified at twice the speed of the traditional training and get access to courseware, learn from certified instructors, and train in a distraction-free environment.

    Audience

    This course is ideal for:

    Foundation:

    • Management and staff in an organization wishing to acquire an understanding of MoV, whether MoV is already embedded in their organization or not.
    • The PPM community, for whom the guide is aimed at those involved in directing, managing, supporting and delivering portfolios, programmes and projects. This includes senior management, programme managers, project managers, change managers and Project and Programme Office staff and their sponsors.
    • Those who apply the methods in other PPM guides to build on and enhance the activities to maximise value and delivery of benefits.

    Practitioner:

    • Management and staff in an organization wishing to use MoV and whether MoV is embedded in their organization or not.
    • The PPM community, for whom the guide is aimed at those involved in directing, managing, supporting and delivering portfolios, programmes and projects. This includes Senior Management, Programme Managers, Project Managers, Change Managers and Project and Programme Office staff and their sponsors.
    • Those who apply the methods in other PPM guides to build on and enhance the activities to maximise value and delivery of benefits.

Benefits

Other accelerated training providers rely heavily on lecture and independent self-testing and study.

Effective technical instruction must be highly varied and interactive to keep attention levels high, promote camaraderie and teamwork between the students and instructor, and solidify knowledge through hands-on learning.

Firebrand Training provides instruction to meet every learning need:

  • Intensive group instruction
  • One-on-one instruction attention
  • Hands-on labs
  • Lab partner and group exercises
  • Question and answer drills
  • Independent study

Curriculum

Module 1: Introduction and background to MoV

  • Know facts, terms and concepts relating to the use and composition of MoV.
  • Understand the background to and the concepts relating to the use and composition of MoV
  • Be able to apply and tailor the concepts of value, fundamentals of MoV, why, where and when it should be used to a scenario
  • Be able to identify, analyse and distinguish between appropriate and inappropriate application of the syllabus area, Introduction and Background to MoV to a scenario

Module 2: Principles

  • Know facts, terms and concepts relating to the seven Principles of MoV.
  • Understand the seven principles of MoV
  • Be able to apply the relevant Principles to MoV studies related to a scenario
  • Be able to identify, analyse and distinguish between appropriate and inappropriate application of the Principles to a scenario

Module 3: Processes

  • Know facts, terms and concepts relating to the seven key Processes of MoV.
  • Understand the seven Processes of MoV
  • Be able to apply and tailor the Processes to a scenario
  • Be able to identify, analyse and distinguish between appropriate and inappropriate application of the Processes to a scenario

Module 4: MoV Techniques

  • Know facts, terms and concepts relating to the MoV specific techniques.
  • Understand the MoV specific techniques
  • Be able to apply and tailor MoV Techniques to a scenario
  • Be able to identify, analyse and distinguish between appropriate and inappropriate application of MoV techniques to a scenario

Module 5: Techniques used commonly in MoV

  • Know facts, terms and concepts relating to the techniques commonly used in MoV.
  • Understand the techniques commonly used with MoV
  • Be able to apply and tailor commonly used techniques to a scenario
  • Be able to identify, analyse and distinguish between appropriate and inappropriate application of commonly used techniques to a scenario

Module 6: Approaches to implementation

  • Know facts, terms and concepts relating to the techniques commonly used in MoV.
  • Understand the approaches to implementation
  • Be able to apply and tailor approaches to implementation to a scenario
  • Be able to identify, analyse and distinguish between appropriate and inappropriate application of the approaches to implementation to a scenario

Module 7: Environment and Embedding

  • Know facts, terms and concepts relating to the environment in which MoV and the infrastructure needed to implement it
  • Understand the environment within which MoV is undertaken and the influence it may have.
  • Be able to apply and tailor the considerations relating to the Environment and Embedding to a scenario
  • Be able to identify, analyse and distinguish between appropriate and inappropriate application of the the considerations relating to the Environment and Embedding to a scenario

Exam Track

At the end of this accelerated course, you’ll sit the following exam at the Firebrand Training centre, covered Certification Guarantee:

MoV®: The Management of Value Foundation exam

  • Duration: 40 minutes
  • Format: Multiple choice; Closed book
  • Number of questions: 50 questions per paper
  • Passing score: 25 marks required to pass (out of 50 available) - 50%

MoV®: The Management of Value Practitioner exam

  • Duration: Two and a half hours
  • Format: Objective testing format; Open book exam
  • Number of questions: 50 questions per paper
  • Passing score: 40 marks required (out of 80 available) to pass - 50%
  • Eight questions per paper with 10 marks available per question - all question items will be worth one mark, making the total number of marks available per paper 80
  • Candidates may use the official printed hard copy of the Management of Value guidance. The manual may be annotated and tabulated but no sticky notes and loose leaf papers containing additional notes will be allowed.

What's Included

Your accelerated course includes:

  • Accommodation *
  • Meals, unlimited snacks, beverages, tea and coffee *
  • On-site exams **
  • Exam vouchers **
  • Practice tests **
  • Certification Guarantee ***
  • Courseware
  • Up-to 12 hours of instructor-led training each day
  • 24-hour lab access
  • Digital courseware **
  • * For residential training only. Accommodation is included from the night before the course starts. This doesn't apply for online courses.
  • ** Some exceptions apply. Please refer to the Exam Track or speak with our experts
  • *** Pass first time or train again free as many times as it takes, unlimited for 1 year. Just pay for accommodation, exams, and incidental costs.

Prerequisites

Before attending this accelerated course, you should have:

  • MoV Foundation is also a pre-requisite for the MoV Practitioner certification.

Unsure whether you meet the prerequisites? Don’t worry. Your training consultant will discuss your background with you to understand if this course is right for you.

Reviews

Here's the Firebrand Training review section. Since 2001 we've trained exactly 134561 students and asked them all to review our Accelerated Learning. Currently, 96.41% have said Firebrand exceeded their expectations.

Read reviews from recent accelerated courses below or visit Firebrand Stories for written and video interviews from our alumni.


"Please do ask instructors any questions, some students might be afraid but once you ask, things get going."
Ruben Dehenau, Dehenau. (19/2/2024 (Monday) to 21/2/2024 (Wednesday))

"I am so glad that I chose Firebrand to undertake my PRINCE2 Foundation course. The course instructor was fantastic. His experience and knowledge were unmatched, and his attitude was positive and calming. The small group size was a really great environment for learning also. The accommodation and catering provided by the venue that Firebrand paired with are really high standard and contributed to the overall positive experience."
Dearbhla Ross, Access to Medicine Foundation. (19/2/2024 (Monday) to 20/2/2024 (Tuesday))

"I would definitely recommend Firebrand Training to people interested in fast certification. The materials provided for us gave great preparation and the instructor solidified and built on this knowledge with clear communication, real world examples and visual diagrams to leave us in good standing to pass the exams."
Rachel Brier, Firebrand Training Ltd. (31/5/2023 (Wednesday) to 2/6/2023 (Friday))

"."
Anonymous (31/5/2023 (Wednesday) to 2/6/2023 (Friday))

"I would definitely recommend Firebrand Training. They offer flexible training packages and the course tutor was very knowledgeable and friendly."
Alison Goddard, Infotech SW Ltd. (31/5/2023 (Wednesday) to 2/6/2023 (Friday))

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