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
16th September 2024
19th September 2024
(4 days)Virtual
MoV Foundation & Practitioner
£3295
23rd September 2024
26th September 2024
(4 days)Virtual
MoV Foundation & Practitioner
£3295
30th September 2024
3rd October 2024
(4 days)Virtual
MoV Foundation & Practitioner
£3295
7th October 2024
10th October 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?
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