PrintDURATION: 4 days
|TIME: 09:00 to 17:30 GMT|
Management of Portfolios (MoP®) is about investing in the right change initiatives and implementing them effectively.
This course is suitable for senior managers and decision makers, practitioners involved with programme/project management (PPM) and change management, staff working in programme and project support offices.
Management of Portfolios (MoP®) is about investing in the right change initiatives and implementing them effectively. MoP® helps organisations answer a fundamental question: ‘Are we sure this investment is right for us and how will it contribute to our strategic objectives?’ MoP® is structured around five flexible principles within which the two cycles and the 12 portfolio management practices exist. While portfolio management will be more effective where robust programme and project management (PPM) exists, this is not a prerequisite for its successful implementation.
Management of Portfolios (MoP®) complements the suite of related PPM guidance developed by Best Management Practice to help organisations and individuals to use best practice to manage projects, programmes and services consistently and effectively. MoP® focuses on strategic investment decision-making and integrates seamlessly with all other best practice methodologies. It is highlighted throughout MoP® that whilst portfolio management will be more effective where robust programme and project management (PPM) exists, this is not a prerequisite. There is, however one exception; the need for some form of P3O® or Portfolio Office model (either physical or virtual) that provides portfolio information to senior management is mandated. Where required, we can combine this briefing with an overview of P3O® (Portfolio, Programme and Project Offices).
The benefits of using this method include:
The Foundation level is a mixture of input and practical sessions teaching to the APM Group ‘Foundation-level’ syllabus, delivered by an APMG approved trainer with practical experience of project and portfolio management. The course incorporates the APM Group Foundation exam, but includes additional focus on the application of the method using application-level tasks in order to add value and help you understand how to apply the concepts of MoP®, as well as be better prepared to take the Practitioner-level exam. The Foundation exam is taken near the end of the last day, after all of the MoP® elements have been sufficiently covered. You should spend approximately 10 hours pre-study in order to be well prepared for the course.
During the Practitioner course, you will have the opportunity to try out the application of your existing MoP® knowledge to a typical scenario and objective tests. The course consists of practical sessions, delivered by an APM Group approved trainer with practical experience of portfolio, programme and project management. This course guides the application of MoP®, it is not intended to provide grounding in the guidance itself, which would have been covered in the Foundation course and exam.
40 Minutes, closed book, 50 multiple-choice questions
The Practitioner Examination takes 3 hours and consists of 4 main questions. Each main question will comprise 4 to 6 part questions. Each main question will be awarded a maximum of 20 marks, giving a total of 80 marks. You need to achieve 50% (40 marks) to pass this paper. MoP® Practitioner Exam: The exam is an ‘open-book’ examination. You may make use of the Management of Portfolios manual only. No other material can be used.
The key objectives of this course are to enable you to understand:
An overview of the Management of Portfolios Guidance that includes the following topics:
Senior Management Commitment; Governance Alignment; Strategy Alignment; Portfolio Office; Energized Change Culture.
Understand the Portfolio scope; Categorize change initiatives; Prioritize change initiatives based on agreed measures; Balance the Portfolio in terms of timing, risk, resource, business impact and contribution to strategic objectives; Plan – create a portfolio strategy and delivery plan.
Management Control; Benefits Management; Financial Management; Risk Management; Stakeholder Engagement; Organisational Governance; Resource Management.
This course covers exam topics relevant to the MoP® Practitioner syllabus, including the following:
Typical topics for preparation and individual practical work include:
The actual topics covered may be varied by the Event Manager to reflect current and topical examination questions and to reflect the needs of the delegate group. The Practitioner Exam will be held towards the end of the course.
“Our MoP® courses are offered in association with SPOCE Project Management Ltd”.
Link to: Acknowledgements
The course will be delivered by an APM Group approved trainer with practical experience of portfolio, programme and project management.