MoV® Foundation Exam Resit - United Kingdom

MoV® Foundation Exam Resit Outline

The outcome of the MoV Foundation exam is that candidates should be able to discuss and explain the following:

• The main processes and techniques used within MoV and the reasons for using them
• How MoV may be applied at portfolio, programme, project and operational levels
• The differences in applying MoV at different stages in a project and the expected outputs from a MoV Study at each stage
• The circumstances under which MoV should be used
• The concept of value and how value may be improved
• The main benefits arising from the use of MoV
• Approaches for implementing MoV
• How to respond to external and internal influences
• The principles of embedding MoV into an organisation
• The key topics in document check lists, the toolbox, health check, organizational maturity and individual competence

MOV Foundation Classroom Exam Information

Please arrive 30 minutes before the exam start time, unfortunately, late comers will not be permitted to enter the exam once it has commenced.

You will need to bring the following to the exam the following:

• Photo ID (a passport or driving licence)
• 2 pencils
• Eraser
• Sharpener 

MOV Foundation Online Exam Information

The exam is taken through a remote proctor, PeopleCert. You’ll be able to pick a date and time slot which is most convenient to you.

The system requirements for the exam are as follows:

• Windows® 10, Windows® 8.1, Windows® 8, Windows® 7
• Dual-core 2.4GHz CPU or faster with 2GB of RAM (recommended)
• Active Full-Time/Broadband internet connection of 512/512 kbps (up/down)
• 16-bit monitor (at least 15”) with screen resolution 1024 x 768 or higher
• Speakers and microphone
• Keyboard and mouse or another pointing device
• A single web camera (embedded or external) you can rotate.

You will also need to present a photo ID to verify your identity before the exam.

Who should attend this MoV® Foundation Exam Resit Course?

This MoV® syllabus retraining session is specifically dedicated to helping you grasp the core elements of the MoV® Framework and accomplish your goal of getting the MoV® Foundation certification exam re-taken. This course is beneficial for the following professionals:

• Project Managers
• Business Analysts
• Risk Managers
• Financial Analysts
• Product Managers
• Consultants
• Quality Assurance Managers
• Strategic Planners

Prerequisites of MoV® Foundation Exam Resit Course

Delegates must have taken the MoV® Foundation Exam to attend this MoV® Foundation Exam Resit Course.

MoV® Foundation Exam Resit Course Overview

The Management of Value (MoV®) framework becomes a key element in project management to value streamlining, possible resource allocation and risk management as well. Its pertinence is in underscoring the role of the people employed in taking decisions that enhance the value and subsequent reduction in wastage. This resit course provides a robust platform for candidates to revisit fundamental MoV® principles, reinforcing their understanding for successful application.

Proficiency in this MoV Training is vital across various sectors, especially for project managers, business analysts, consultants, and executives involved in strategic decision-making. Mastering MoV® equips professionals with the ability to assess and enhance value within projects, ensuring alignment with organisational objectives. Its structured approach evaluates risk, cost-effectiveness, and benefits realisation, making it indispensable for professionals striving for holistic project success.

This thorough 1-day Recertification Training by The Knowledge Academy gives out liegemen who passed the Foundation Exam retraining on the basic notions of MoV®, thus upgrading their performance. Attendees will undoubtedly explore the situation studies, engage in the discussions, and be able to understand questions during the examination through the mastery of the syllabus. The course results in irreplaceable knowledge, key Real Options® procedures usage, more thorough decision-making skills and deeper foundations on MoV® values.

Course Objectives

• To refresh understanding of MoV® principles and concepts
• To reinforce knowledge gaps for a successful exam retake
• To enhance practical application skills through case studies
• To equip delegates with exam-specific strategies and techniques
• To provide comprehensive insights into value optimisation methods
• To ensure alignment with MoV® Foundation Exam requirements
• To foster a deeper understanding of risk and value assessment
• To empower delegates for effective value-driven decision-making

After completing this MoV Course, delegates will receive a MoV® Certification acknowledging their participation and demonstrating their refreshed understanding of MoV® principles. This certification validates their proficiency in value management, affirming their ability to apply MoV® methodologies effectively within their respective professional domains.

What's included in this MoV® Foundation Exam Resit Course?

• MoV Foundation Examination
• PDUs

MoV® Foundation Exam Information

The MoV® Foundation Exam evaluates knowledge of the MoV® methodology, aiming to enhance value and optimise decision-making in organisations by maximising value while minimising waste and risks. The exam format is as follows: 

• Question Type: Multiple Choice 
• Total Questions: 50 (each question is worth 1 mark) 
• Total Marks: 50 Marks  
• Pass Marks: 50%, or 25/50 Marks 
• Duration: 40 Minutes 
• Open Book/Closed Book: Closed Book