MoV® Foundation Overview

MoV® Foundation Course Outline

Module 1: Introduction to MoV®

  • Overview
  • Relationship with Other Best Management Practice Products
  • How MoV® Fits with Other Best Practice Guides?
  • What is Value?
  • What is MoV®?
  • Why Use MoV®?
  • Where can MoV® be Used?
  • When Should it be Used?
  • What Does it Involve?

Module 2: MoV® Principles

  • Align with Organisation’s Objectives
  • Focus on Functions and Required Outcomes
  • Balance the Variables to Maximise Value
  • Apply Throughout the Investment Decision
  • Tailor to Suit the Subject
  • Learn from Experience and Improve Performance
  • Assign Clear Roles and Responsibilities and Build a Supportive Culture

Module 3: MoV® Processes

  • Frame the Programme or Project
  • Gather Information
  • Analyse Information
  • Process Information
  • Evaluate and Select
  • Develop Value Improving Proposals
  • Implement and Share Outputs

Module 4: MoV® Techniques

  • Techniques Unique to MoV®
  • Function Analysis System Technique (FAST)
  • A Customer FAST Diagram
  • Value Trees
  • Exercise in Function Analysis
  • Blank Form for Undertaking Function Analysis on a Project
  • Example of Completed Function Analysis on a Project
  • A Value Profile for a Hospital
  • Value Index for the Same Hospital
  • Demonstrating Value for Money
  • Function Cost Analysis
  • Value Engineering
  • Techniques Commonly Used in MoV®

Module 5: Approach to Implementation

  • Generic MoV® Study Plan
  • Integrated Programme and Project Plans
  • Programme or Project Organisation
  • MoV® at Key Project Stages
  • Approach to Implementation
  • Value Cascade

Module 6: Syllabus Area Environment and Embedding

  • Environment: Responding to External and Internal Influences
  • Project Considerations
  • Operational Considerations
  • Syllabus Area Appendices A-D
  • Embedding MoV® into an Organisation
  • Benefits of Embedding
  • Embedding MoV® into an Organisation – Key Steps
  • Suggested MoV® Management Structure
  • Overcoming Barriers
  • International Standards in Value Management
  • Executive Guide to Value Management

MoV® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Who should attend this MoV® Foundation Course?

The MoV® Training Course is intended for professionals across various roles and levels who are involved in or responsible for managing and maximising value within organisations. This course is particularly beneficial for a wide range of professionals, including:

  • Senior Executives
  • Portfolio Managers
  • Programme Managers
  • Project Managers
  • Business Analysts
  • Financial Managers
  • Change Managers

MoV® Foundation training Prerequisites

There are no formal prerequisites for attending this MoV® Foundation Training Course.

MoV® Foundation Course Overview

Managing Value (MoV®) is a crucial methodology in project management, focusing on maximising value through effective decision-making. Its relevance lies in enhancing strategic planning, risk management, and resource optimisation. Understanding MoV® is vital for professionals seeking to drive efficiency, value, and sustainability within projects and organisations.

Proficiency in MoV® is essential for project managers, business analysts, and decision-makers across various industries. Mastery of this methodology enables professionals to make informed decisions, optimise resources, manage risks, and deliver enhanced value. It empowers them to navigate complex project landscapes, ensuring alignment with business goals while maximising benefits.

This intensive 2-day training equips delegates with foundational MoV® principles, tools, and techniques. It provides a holistic understanding of value management, enabling participants to identify, assess, and prioritise value within projects. Delegates will gain practical insights into implementing MoV®, fostering a culture of value-driven decision-making within their organisations.

Course Objectives:

  • To comprehend the fundamental concepts and principles of MoV® methodology.
  • To grasp the significance of value management in project and organisational contexts.
  • To acquire skills in assessing and prioritising value across project lifecycles.
  • To understand the application of MoV® techniques in mitigating risks and enhancing benefits.
  • To develop the ability to integrate MoV® principles into project planning and execution.
  • To foster a value-driven culture within teams for improved decision-making.
  • To demonstrate proficiency in utilising MoV® tools for maximising value delivery.
  • To prepare delegates for the MoV® Foundation certification exam.

After completing the course, delegates will receive a MoV® Certification, validating their understanding and proficiency in the methodology. This certification enhances professional credibility and signifies expertise in implementing value management practices, opening doors to advanced career opportunities within project management and related domains.

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What's included in this MoV® Foundation Course?

  • MoV® Foundation Exam.
  • World-Class Training Sessions from Experienced Instructors.
  • MoV® Foundation Certificate.
  • Digital Delegate Pack.

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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

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Why choose us

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led MoV® Foundation. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's MoV® Foundation, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

What our customers are saying

MoV® Foundation FAQs

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The training fees for certification in the United States starts from $5995
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Trusted & Approved

Our MoV® courses are fully accredited by AXELOS

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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