Is this course accredited?
Yes, it is accredited by the APMG.
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 qualifications are designed and accredited by The Association of Project Management Group (APMG).
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 (Rating: 5 out of 5, 3/04/2012) from Bristol
- “Great course, and the trainer was very friendly, approachable and knowledgeable.”By Ryan Swann (Rating: 4.9 out of 5, 02/03/2012) from Southampton
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Learn Portfolio Management With MoP Training
MoP certification bestows the carcass that is composed of the technical techniques, and the processes, and the practices to deliver an initiative which includes risks’ management, benefits plus the resources. Intent or we can say objective of the MoP certification is telling or corroborating the delegates and the owners has the sufficient understanding along with the knowledge of management of the portfolio in seizing all roles of the portfolios’ office or in the portfolio’s management.
So as to attain the MoP certification, MoP course is a must requirement. And so as to take up the MoP training course, you can go through any of the mode you want. The way of taking up the MoP course may be customized courses, open workshops, virtual live classrooms, distant learning, online or e-learning formats. MoP course may be studied in any of the part of world. Many nations provide the MoP training as well as the MoP courses. MoP course is very significant for those individuals who are looking forward to achieve MoP credential. In today’s time, MoP certification is greatly in demand because it provides the professional excellence or expertise to the willing or interested candidates.
Qualification program for the MoP Certification:
The whole examination of the MoP certification is divided into (2) two broad parts. These two branches are fundamentally the two examinations that obtain the differentiation according to the levels/ standards they possess. The two examinations for MoP certification are named foundation examination & the practitioner examination. The foundation examination of MoP certification is the fundamental and the basic level of MoP examination. But the Practitioner examination of MoP certification is an advanced form of examination for MoP. This examination that is practitioner examination of MoP certification should be attempted if and only if the foundation examination is cleared.
The foundation examination of MoP aims at confirming that the candidate has sufficient understanding plus the knowledge to work in the roles of portfolio management. This examination basically covers the concepts & theoretical knowledge regarding the portfolio management of an applicant. So as to clear the foundation examination, a proper MoP course at foundation level should be taken which helps in clearing the examination. The duration of this MoP course is three days. If a person takes up the MoP course then he can give an attempt to the foundation examination on third day also.
After the examination of foundation level, is the examination at practitioner level. This practitioner exam is progressed in comparison to the foundation exam. The examination at practitioner level of MoP directs in affirming that an applicant who has certified this examination has enough understanding plus the knowledge regarding the tailoring as well as applying for the guidance in MoP certification. Practitioner examination also analyses the data of the given portfolio, roles along with the documentation with respect or in relationship to the scenario situation. So, as to clear the practitioner examination, MoP course at practitioner level is highly recommended. The duration of this course is two days.This post was written by: Anthony Simmons