What is MoV®?

MoV® (Management of Value) is a value and benefit management training course that concentrates on appropriately using resources to enhance programme, project, and portfolio advantages. Essentially, the main goal of MoV® is raising value. MoV® focuses on the development of existing systems by combining a range of approaches and mechanisms that achieve increased value and better use of resources. The MoV® framework has been improved over time, and is devised so that it can be applied to the objectives and functions of any organisation within any industry to achieve both financial and non-financial benefits. If benefits and value increase is not occurring, the project can be cancelled, as these goals are fundamental.

 

Candidates will learn how to utilise their resources more effectively to make funds go further, which consequently results in an increase in returns. This saves costings and assures money is spent appropriately. This is particularly important when the economy is stagnating, as cut backs need to be managed in a way that does not lead to organisation deteriorations. Having said this, the correct allocation of funds is significant when the economy is booming in order to keep up with the competition.

 

PRINCE2®, MSP®, and M_o_R® share similarities with MoV®. PRINCE2®’s focus on business development, MSP®’s concentration on change, and M_o_R®’s aim of enhanced value all have identifiable parallels with principles of MoV®. Correlations are also evident with Lean and Six Sigma as they all share precepts of value, efficiency, and waste reduction.

 

MoV® training courses are accredited by PeopleCert on behalf of AXELOS.

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