MoP Practitioner
-
Course Overview
The Management of Portfolios (MoP) framework has been developed to meet the needs of organisations required to undertake many major projects and programmes simultaneously whilst maintaining high levels of Business As Usual (BAU) work. The methodology helps Portfolio Managers to define which programmes and projects are the right ones to undertake, which ones are a priority and then gives them the tools to deliver those programmes and projects successfully.
The MoP methodology provides best-practice principles, processes and techniques to help organisations define and deliver successfully programmes and projects and to ensure that the portfolio meets its strategic objectives. The framework can be applied to all organisations irrespective of industry or size.
Practitioner Level follows on from the Foundation element looking at how the principles and techniques learnt previously can be are applied in the real world.
-
Course Dates
-
Course Description
Audience: Who is the course for?
- Those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery and benefits realisation
- Those involved in the selection and delivery of business change initiatives
- Members of management boards
- Directors of Change
- Senior Responsible Owners (SROs)
- Portfolio, programme, project, business change and benefits managers
- Business case writers
- Project appraisers
Course duration:
Two days. The exam is taken on the second day.
Benefits to the individual:
- Recognised qualification
- Ability to work as an informed member of a Portfolio Office or in a range of portfolio management roles
Benefits to the business:
- A better assessment of which projects and programmes are a high priority and will bring about real business benefits resulting in:
- Reduced risk of project failure
- Reduced costs due to terminating or not initiating projects that will bring about sufficient benefits
- Improved delivery of programmes and projects
- Better and more efficient allocation of resources
- Projects and programmes become better aligned with the strategic objectives of the organisation
Pre-requisites:
Delegates must have passed MoP Foundation level before attending Practitioner level. There is approximately two hours of homework per night during the course. This is necessary in order to pass the exam.
Course outline:
The objective of this course is to enable delegates to:
- Apply and understand how to tailor MoP effectively
- 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 organisational environments
- Evaluate examples of MoP information (including documents and role descriptions)
- Analyse the solutions adopted in relation to a given scenario
Over the two day course, the following topics are covered:
Implement, sustain and measure
- How to apply and tailor the recommended approaches taken to implementing, sustaining and measuring portfolio management
- How to identify, analyse and distinguish between appropriate and inappropriate application of the recommended approaches to implementing, sustaining and measuring portfolio management
Portfolio Definition Cycle
- How to apply and tailor the practices and techniques of the portfolio definition cycle
- How to identify, analyse and distinguish between appropriate and inappropriate application of portfolio definition practices and techniques
Portfolio Delivery Cycle
- Identify appropriate practices and techniques within the portfolio delivery cycle encompassing:
- Management control
- Portfolio-level benefits management
- Portfolio-level financial management
- Portfolio-level risk management
- Portfolio-level stakeholder engagement
- Portfolio-level resource management
- How to identify, analyse and distinguish between appropriate and inappropriate application of portfolio delivery practices and techniques
Roles and documentation
- How to apply and tailor MoP to a scenario
- How to identify, analyse and distinguish between appropriate and inappropriate application of the syllabus area to a scenario
Exam details:
A three hour exam takes place on the second day. The exam consists of four questions with 20 marks available per question giving a total possible mark of 80. The pass mark is 40/80 or 50%. This is an open book exam – delegates may refer to the MoP guide only.
-
Free Resources