Duration
2 days
Course Description
Portfolio management is a coordinated collection of strategic processes and decisions that enable an effective balance of organizational change and business as usual.
Management of Portfolios (MoP®) approaches change projects and programmes from a strategic viewpoint. It provides an overview of all change activities including what is in the portfolio, what it is costing, what risks are faced, what progress is being made, and what the impact is on business as usual and the organization’s strategic objectives.
The MoP qualification scheme has been developed to offer two levels of qualification, Foundation and Practitioner.
The purpose of the Practitioner qualification is to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor the MoP guidance and to analyze portfolio data, documentation and roles in relation to a scenario situation. A successful Practitioner candidate should, with suitable support, be able to advise on the implementation of appropriate practices and techniques, and apply the method to a live portfolio, but may not be sufficiently skilled to do this appropriately for all situations. Their individual expertise, the complexity of the portfolio, and the support provided will also influence the impact the Practitioner can achieve.
Course and Learning Objectives
Candidates should be able to apply and understand how to tailor MoP effectively. Specifically candidates should be able to demonstrate their ability to:
- define the business case to get senior management approval for portfolio management
- plan the implementation of portfolio management
- select and adapt MoP principles, practices and techniques to suit different organizational environments
- evaluate examples of MoP information (including documents and role descriptions)
- analyze the solutions adopted in relation to a given scenario.
Course Approach
The course comprises a mixture of input sessions, group exercises and examination based practical work. All delegates are encouraged to actively participate during the practical sessions to gain the full benefit during the training. During the course, delegates will undertake a number of mock examinations and gain feedback on the progress towards eventual success. To prepare effectively for the MOP® Practitioner exam, delegates should be prepared to undertake revision and exam preparation work in the evenings.
Target Audience
This qualification is aimed at those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realization. It is relevant to those involved in the selection and delivery of business change initiatives including: members of Management Boards and Directors of Change; Senior Responsible Owners (SROs); portfolio, programme, project, business change and benefits managers; and business case writers and project appraisers.
Pre-requisites
An MOP Foundation certificate is required and some experience in managing portfolio’s.
About the Examination
- 180 minutes exam duration
- 40 out of 80 marks pass mark
- Open book
Certificate
MOP® Practitioner
Credits
Upon successfully achieving the MOP Practitioner certificate, the student will be recognized with 14 Professional Development Units (PDU’S).
Reference Materials
The MOP AXELOS Manual “Managing Of Portfolio’s” is prerequisite for this course (ISBN 9780113312948).
Course Student Material
Students will receive an MOP® Practitioner classroom workbook containing all of the presentation materials, course notes, case study and sample exams.
Concepts Covered
Introduction to Portfolio Management
Course objectives
- MOP Qualification
Target Audience
- Exam Overview
- The Practitioner exam
- The MOP Syllabus
Practical Exercises
- Sources of organizational Energy
- Organizational energy states
- Activity sequencing
- Categorization/segmentation
- Financial Appraisal
- Multi criteria analysis
- Portfolio Definition Cycle
- Risk Management
- MOP roles
- MOP documents
Group discussion
- Barriers to implementation
- 3 Implementation approaches
- Governance and alignment
- Portfolio definition
- Portfolio delivery
- Implement, sustain and measure
Exam preparation
Programme scope, delivery arrangements and suitability are confirmed during enquiry.