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MoV® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. The swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved

Management of Value (MoV®)

Value is the achievement of satisfaction of needs through the use of resources. MoV should be embedded in the management methods used in achieving successful outcomes rather than regarded as an optional standalone or extra process. MoV plays a key role in reducing uncertainty and informing management decisions based on value; allowing the delivery of more of the right things, reducing the cost of delivery and encouraging more effective use of available resources.

This course is ideal for senior management, programme managers, project managers, change managers and Project and Programme Office staff, their sponsors and those who apply the methods in other PPM guides to build on and enhance the activities to maximise value and delivery of benefits.

MoV Foundation & Practitioner eLearning

Price: £950 + VAT
Duration: Approx. 15 hours self-study
Access: 12 months 
Included: 
interactive eLearning with embedded videos, questions with model answers, practical examples of good practice and worked exercises using a scenario/case study to improve your understanding and ability to apply the material.
Online exams, accredited trainer support and official MoV® eBook (digital) manual, sample papers and answers.
Pre-Requisites: understanding of methods applied in other PPM guides​

eLearning:
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MoV Foundation Exam:

  • 45 minute exam duration
  • 50 multiple choice questions
  • Closed book
  • 25/50 required to pass = 50% pass mark

MoV Practitoner Exam:

  • Objective testing
  • 150 minute duration
  • 8 questions per paper with 10 mark available per question - all question items are worth one mark
  • Open book, 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 lead papers containing additional notes will be allowed.
  • 40/80 required to pass = 50% pass mark

 

MoV In-House

Our in-house option offers the course content to be delivered by one of our accredited trainers, either as virtual event, face to face or via blended learning. This option also includes the interactive eLearning resources such as the modules and sample papers and answers.

Contact us via the 'Enquire Now' button below and include the course title within your enquiry.

For any further information, click the 'More Information' button below.

Pre-Requisites: understanding of methods applied in other PPM guides

In-House:
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In-house, workplace, virtual and eLearning options all use online exams. Online exams are arranged through Aspire Europe; you can sit your exam at home or in the office.

You will be monitored by the online invigilator (ProctorU) via a webcam.
P3M Examination options (aspireeurope.com)

Module 1 - Introduction & Principles

Introduction:

  • What is Value?
  • What is MoV?
  • Why use MoV?
  • Where can MoV be used?
  • When should MoV be used?
  • What is MoV best practice?

The Principles:

  • Align with Organisation's Objectives
  • Focus on Functions and Required Outcomes
  • Fast Diagrams and Value Trees
  • Apply throughout the Investment Decision curve
  • Tailor to suit the subject
  • Learn from experience and improve performance
  • Assign Clear Roles and Responsibilities and Build a Supporting Culture

Module 2 - Process & Techniques

The Process:

  • Frame the context
  • Gather Information
  • Analyse Information
  • Process Information
  • Evaluate and Select Options
  • Develop Value Improving Proposals
  • Implement and Share Outputs

Techniques:

  • MoV techniques
  • Value trees
  • Functional analysis
  • Case study examples
  • Value engineering
  • Function cost analysis

Module 3 - Implementation, Embedding & Appendixes

Implementation:

  • Mind mapping
  • Generic MoV plan
  • Programme/Project Organisations
  • Key Project Stages
  • Support and Infrastructure
  • Implementation Approaches

Environment & Embedding:

  • External and Internal Influences
  • Embedding MoV
  • Portfolio Considerations
  • Project Considerations
  • Environment: The Programme
  • Operational Aspects
  • Embedding MoV
  • Overcoming Barriers

Appendix & Exam Preparation:

  • Appendixes
  • MoV Principles
  • Maximizing Value
  • The Value Cascade
  • Key Steps to Embedding MoV
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