Is this course accredited?
Yes, it is accredited by BCS
What is the experience of the Instructor(s) delivering my course?
All of our trainers are fully accredited and have over ten years of experience in MoP methodologies
What do The Knowledge Academy provide me on the course?
We provide pre-course reading, the official Management of Portfolio manual, The Knowledge Academy courseware folder, official certificates and refreshments.
Does the course include exams?
Yes, the course includes the both the MoP Foundation and Practitioner exams.
Are there any prerequisites for the MoP examinations?
There are no prerequisites for the Foundation examination, however, candidates must achieve a pass at Foundation level before completing the Practitioner examination
What is the structure of the exams?
The Foundation exam is multiple choice and the MoP Practitioner exam is in the "Objective Testing" format, a style of complex multiple-choice examination
What time shall I arrive at the venue?
Please arrive at your training venue for 08:45am
What is the pre-course reading?
We would like for you to read chapters 1 to 3 from the official Management of Portfolios course manual
What are the hours of the course?
The training hours are start at 9am and finish at 5pm approximately
Is there home work?
There is a minimum of 2 hours homework each evening
The Knowledge Academy
MoP® Foundation and Practitioner
Management of Portfolios (MoP) is one of a suite of best practice guidance issued by The Cabinet Office (HM Government, UK). If focuses on organizational change at a strategic level.
Many organizations have focused for some time on the effective delivery of change initiatives, often through the application of project and programme frameworks that have stood the test of time. However, often, these initiatives have not been prioritized, balanced and managed effectively at corporate, or at least group, level. Therefore, frequently, little attention has been paid to the question “Are we investing in the right change initiatives in the first place? (as well as managing them in the right way). In recent years Portfolio Management has emerged as a way of answering this question. The course and the associated qualification are based on extensive research into the practice of Portfolio Management which is defined as:
“…as a coordinated collection of strategic processes and decisions that, together, enable a more effective balance of organizational change and business as usual.”
Portfolios represent “…the totality of an organization’s investment (or segment thereof) in the changes required to achieve its strategic objectives.”
MoP is about establishing good practices, a supportive and enabling culture and an effective structural framework, all underpinned by five key principles which drive the practices, culture and structure. Therefore, it is not prescriptive; instead the guidance focuses on ‘keys to success’, so enabling sufficient flexibility to ensure it is universally applicable to any type of organization, regardless of sector, ownership, size, etc.
MoP® Foundation and Practitioner Training (including examinations)
Following confirmation of booking The Knowledge Academy will send the Pre-Course work to the delegate. This work consists of;
1) Reading 3 chapters of the Management of Portfolios course manual
The pre-course work on a The Knowledge Academy course will require around 15 hours of study prior to the course start date. The Knowledge Academy MoP® Foundation and Practitioner training event is an intensive 5 day course that includes the MoP® Foundation and Practitioner examinations within the course. Upon booking, Joining Instructions that describe the course location and other administrative details will also be emailed. In addition, delegates will be required to complete a MINIMUM of 2 hours homework each evening which will be set by the instructor.
Anyone with an interest and/or role in delivering programmes and projects, and organizational strategy from inception to delivery, will benefit from familiarizing and understanding the guidance . This includes members of management boards and directors of change; senior responsible owners, portfolio, programme, project, business change and benefits managers, business case writers and project appraisers, as well as teams from functions including, but not limited to, finance, information technology, procurement, human relations, strategic planning, performance management.
The Knowledge Academy prepares delegates for both the Foundation and Practitioner level MoP® qualifications.
Preparation for the Foundation level qualification consists of a 3 day course which includes an objective test (‘multiple choice’) examination at the end of day 3 (50 questions in 40 minutes, pass mark 50%).
The Practitioner level course lasts a further 1 1/2 days and includes a thorough preparation for the exam which takes place on the morning of the second Practitioner study day. It is a 3 h examination which is scenario based and tests the ability to apply best practice Portfolio Management guidance to this scenario. The exam is also an objective test examination; there are a total of 80 questions, divided into four sections. The pass mark is also 50%.
The nature of MoP and how it fits with other HM Government best practice guidance, including in particular Programme and Project management
The strategic and organizational context: MoP and Business as Usual; MoP and Strategic and Business Planning; MoP and Budgeting and Resource Allocation; MoP and Performance Management; collaborative working between Portfolio Management and other key corporate functions / departments
The five principles of Portfolio Management: Senior Management Commitment; Governance Alignment; Strategy Alignment; Portfolio Office; Energized Change Culture
Portfolio definition cycle: The definition cycle consists of establishing five key practices: understand; categorize; prioritize; balance; plan
Portfolio delivery cycle: The delivery cycle consists of seven key practices: management control; benefits management; financial management; risk management; stakeholder engagement; organizational governance; resource management
The best practice guidance for MoP also includes coverage of Portfolio management roles, documentation and an assessment of the impact of portfolio management.
In each chapter the focus is firmly on introducing and discussing good practice, based on real world experience, drawn from a wide range of organisations and regularly brought to life by reference to pertinent examples.
- The official Management of Portfolios course manual
- The Knowledge Academy Courseware Book
- Pre-Course Material
- Experienced Instructor
- “I had an excellent trainer, they were very generous in the giving of their time to explain, and I thought they managed the room very well. I would certainly recommend TKA to others that are thinking of taking this and other courses.”By Meena Patel (Programme Manager) from Bristol
- “Great course, and the trainer was very friendly, approachable and knowledgeable.”By Ryan Swann (Programme Assistant) from Southampton
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Classroom Based Training
Whilst online base training has many advantages there are also several hindrances to taking this approach. The most common being the lack of direct and immediate access to an instructor. Should you find yourself unable to progress or need clarification on an aspect of your course you would have to start an email correspondence and wait for a reply. This can be incredibly interrupting to your learning, especially if you find yourself motivated, enthusiastic and raring to go only to find yourself sitting around hoping for a swift response from your instructor.
Consequently, this is the biggest advantage to classroom training. In a classroom environment there is an element of teamwork and interaction that online teaching cannot replicate. The fact that there are others around you in the same situation can be a fantastic motivator, giving you instant access to the instructor and the opportunity to take part in debates and discussions about your course, reinforcing what you are learning along the way.
Unfortunately these advantages can pass by some students. It can sometimes be difficult for an instructor to recognise and engage some people, especially those that may be shy or introverted. Those who are more vocal can dominate discussions and potentially drown out the quieter members of a classroom, partly negating the advantages of the social aspect of classroom learning.
The biggest difference between the two, and the main reason that online courses have received a boom in popularity is that unlike classroom training, online courses can reach hundreds to even thousands more people at once in a swift and effective manner. This method ensures consistency in the course content, and for the companies training, a steady stream of data that helps them ascertain what is and isn’t working in their courses, helping them to develop, adapt, and provide a better service moving forward.
Ultimately, the decision of which approach to choose is entirely down to the customer. If you think that you have the desire and motivation to milk every last drop of learning possible from an online course, then it may just be the best approach for you.
However, if you prefer a social aspect to your learning and the possibility to bounce ideas off others in the same position as you, as well as instant and constructive advice from a tutor, perhaps a classroom based approach is the optimal route.
Fortunately at The Knowledge Academy we offer expert training in both approaches to learning. We have an efficient customer service department we do our best to ensure that you get the best result possible from whatever course you decide to take. When all is said and done, our priority is that you receive first-rate training that enables you to move forward better prepared and in a far better position than which you first contacted us in.