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.
Audience
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.
Examinations
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).
Course Content
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
- Exams
- Certificates
- Experienced Instructor
- Refreshments
- “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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Get A Strong Grip On Portfolio Management Through MoP Certification
Do you want to lead your company in a profitable way? By getting the MoP certification you can easily lead your company to the path of success and profitability. MoP means management of Portfolios and you can make the perfect balance between the organizational change and business through MoP training or MoP course.You can manage the change projects and programmes effectively from a strategic point of view if you join MoP course or undergo MoP training. MoP certification provides a set of strategic decisions and practices for the effective management of organizational business and change. Through MoP training, you will get to know how to make a portfolio, contents of it, risks involved and cost of portfolio. It also explains the impact of a portfolio on business and the strategic objectives of an organization.
MoP training and MoP certification is suitable for people who have a keen interest in acquiring the best practices and techniques for the portfolio management. Many business analysts, project managers, business unit heads, engagement managers, programme managers and finance managers are keen to take MoP training to achieve the MoP certification to improve their portfolio management skills.
MoP certification is among the most sought after professional qualifications in the present business world. MoP training and MoP course are useful to update with the latest industry and business information as per the changing business and technical needs. The collection of practices and methods are suitable for the effective management of portfolio in an organization.
You can manage the projects and programmes effectively through MoP course or MoP training programs. MoP certification helps to improve your creative thinking and decision making skills. You will be able to make quick and appropriate decisions related to organizational change and project management once you complete the MoP course successfully.
By joining the MoP course, you will be provided with the highly advantageous management tools and supportive methodology to make you competent in the field of portfolio management. A project management professional will be more confident after the completion of MoP training to get involved in the programmes and projects along with the newly achieved objectives and methods.
By getting the MoP certification, you will get a systematic structure that assists the well defined processes, methods and practices by providing initiatives like management of risk, resources and benefits. MoP certification is equally suitable for the existing professionals as well as newcomers in the corporate world.
In order to achieve the MoP certification, you need to go through the MoP course which has two levels. You will be provided with exam simulators and mock test papers while you go through the MoP course to make you ready for the MoP examination. A candidate should follow a dedicated and sincere regime to clear the examination for earning the MoP certification.
MoP certification has been accepted and recognized all over the world. You can follow the organizational changes properly after the successful completion of the MoP course. MoP certification is in huge demand throughout the world that provides a strong grip on the portfolio management programs. Get MoP certification and manage the portfolio effectively.
