MoV® Foundation & Practitioner Course Overview
Course Structure
The Practitioner level training spans across two days. The course will begin with a quick overview of the content covered during the Foundation training event. Thereafter, the focus is firmly on the application of MoV® and centres on a practice case study scenario and involves practice exercises.
MoV® Foundation & Practitioner 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?
- 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
- Frame the Programme or Project
- Gather Information
- Analyse Information
- Process Information
- Evaluate and Select
- Develop Value Improving Proposals
- Implement and Share Outputs
- 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®
- Generic MoV® Study Plan
- Integrated Programme and Project Plans
- Programme or Project Organisation
- MoV® at Key Project Stages
- Approach to Implementation
- Value Cascade
- 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
- Function Analysis
- Develop a Value Tree
- Weighting Attributes
- Develop a Value Profile
- Develop a Value Index
- Value for Money Ratio
- Value Engineering
- Option Evaluation and Selection
- Stimulating Innovation
- Value and Value for Money
- Timing and Planning
- Setting Up and Delivering a MoV® Study
- Teams and Stakeholders
- MoV® in the Organisation
- Integrating with Best Management Practice
- Structure of Guide
- Further Training for Study Leaders
What ‘s Included
World-Class Training Sessions From Experienced Instructors
MoV® Training Courseware
MoV® Foundation & Practitioner Exams
MoV® Foundation & Practitioner Certificates
Exam
MoV® Examinations (Foundation and Practitioner)
Ways to take this course
Classroom Training
Face-to-face sessions led by expert instructors, fostering interactive learning experiences and collaboration among delegates.
Online Instructor-Led Training
Live virtual classes led by experienced trainers, offering real-time interaction and guidance for optimal learning outcomes.
Online Self-Paced Training
Flexible learning at your own pace, with access to comprehensive course materials and resources available anytime, anywhere.
On-Site Training
Customised courses delivered at your location, tailored to your specific needs and scheduling preferences.
MoV Foundation & Practitioner Calender
MoV Foundation & Practitioner
£3295
11th November 2024
14th November 2024
(4 days)Virtual
MoV Foundation & Practitioner
£3295
18th November 2024
21st November 2024
(4 days)Virtual
MoV Foundation & Practitioner
£3295
25th November 2024
28th November 2024
(4 days)Virtual
MoV Foundation & Practitioner
£5995
22nd January 2024
25th January 2024
(4 days)Bristol
MoV Foundation & Practitioner
£5995
24th June 2024
27th June 2024
(4 days)Bristol
Worldwide Learning Experience
These courses cater to learners worldwide, offering flexible options to fit your schedule and location.
Learning Path Towards Success
Explore
Dive into our comprehensive courses to find the best fit for your career goals.
Study
Avail our high-quality learning resources to scale up your career.
Practice
Gain hands-on experience through practical exercises, assignments and case studies.
Succeed
Achieve the skill set to attain a competitive edge in the job market.
Frequently Asked Questions
What is MoV®?
MoV® stands for Management of Value. It's a methodology that helps organisations maximise value from their investments and change initiatives while minimising risks and resources.
Who should take the MoV® Foundation & Practitioner Course?
This course is suitable for professionals involved in project and program management, change management, and business transformation seeking to enhance their value management skills.
What is the structure of the MoV® Foundation & Practitioner Course?
The course is divided into two parts: Foundation and Practitioner. The Foundation level provides fundamental concepts, while the Practitioner level delves into advanced techniques and application.
What are the prerequisites for taking the MoV® Foundation & Practitioner Course?
There are no prerequisites for the Foundation level. However, to attend the Practitioner level, candidates must have passed the MoV® Foundation exam.
What topics are covered in the MoV® Foundation Course?
The Foundation course covers the basic principles, processes, and techniques of value management, including the MoV® principles, the MoV® approach, and embedding MoV®.
What topics are covered in the MoV® Practitioner Course?
The Practitioner course focuses on applying MoV® principles in real-world scenarios, including value identification, evaluation, delivery mechanisms, and embedding value management in organisations.
What is the format of the MoV® Foundation & Practitioner exams?
Both exams consist of multiple-choice questions. The Foundation exam assesses understanding of MoV® principles, while the Practitioner exam tests the application of MoV® in practical scenarios.
Is the MoV® Foundation & Practitioner Certification internationally recognised?
Yes, the certification is recognised globally, demonstrating proficiency in value management principles and practices across various industries and sectors.
What are the benefits of obtaining the MoV® Foundation & Practitioner Certification?
What are the benefits of obtaining the MoV® Foundation & Practitioner Certification?
Find Your Best Course With Us
Discover the best courses tailored to your career goals. Get in touch with our support team for expert guidance.
Explore Our Client Saying
PRINCE2 Training has been an invaluable investment for us. The course was engaging, the material was excellent, and the instructors truly knew their stuff. It's not just about getting certified; it's about gaining skills that move our projects and our people forward.
Michael Carter
Project DirectorThe depth and clarity of the PRINCE2 Training have surpassed all our expectations. Our team now approaches projects with greater confidence and a solid framework, leading to more predictable and successful results. We're truly grateful for the transformation.
Samantha Wong
Project LeadChoosing PRINCE2 Training was a pivotal decision for our team. The structured approach and practical insights have significantly improved our project delivery times and outcomes. It's clear why PRINCE2 is a leader in Project Management training!
David Patel
Senior Project CoordinatorAs a Project Manager, I can confidently say that registering for PRINCE2 Training was a game-changer for me. The comprehensive curriculum and practical approach gave me the tools and strategies I needed to excel in my role.
Emily Johnson
Project ManagerPRINCE2 Training was a game-changer for our team. The standardised approach to project management not only improved our efficiency but also enhanced collaboration and communication among team members. We're already seeing the positive impact of implementing PRINCE2 methodologies in our projects. Thank you for such a valuable learning experience!
Ada Richman
Project Governance DirectorI can't say enough good things about PRINCE2 Training! The instructors were passionate about the subject matter and went above and beyond to ensure that all participants understood the material. Whether you're new to project management or looking to enhance your skills, I highly recommend investing in PRINCE2 Training.
Rod Stewart
IT Project ManagerAs someone with limited experience in project management, I found PRINCE2 Training to be incredibly valuable. The course content was well-structured and easy to follow, even for beginners like me. I appreciated the emphasis on practical application, which allowed me to immediately implement what I learned in my workplace.
Luca Bianchi
Program DirectorPRINCE2 Training provided me with the tools and techniques I needed to excel in my project management career. The practical exercises and real-world examples helped me apply the concepts to my job immediately. I'm grateful for the valuable skills I gained through this training program.
Henri Mitchell
Business Transformation ManagerI had been looking for a comprehensive project management course, and PRINCE2 Training exceeded my expectations. The material was thorough, the instructors were engaging, and the support staff were always available to answer my questions. Thanks to PRINCE2, I feel confident tackling any project that comes my way.
Loren Crookes
Risk Management SpecialistRegistering for the PRINCE2 Training Was a Game-changer For Me! The Course Structure Was Well-organised, The Instructors were knowledgeable, and the hands-on approach really helped solidify my understanding of project management principles. Highly recommended!