The MoP® (Management of Portfolios) guidance provides senior executives and practitioners responsible for planning and implementing change, with a set of principles, techniques and practices to introduce or re-energize portfolio management.
Course description:
The purpose of the Foundation certification is to confirm you have sufficient knowledge and understanding to work as an informed member of a Portfolio Office or in a range of portfolio management roles. The Foundation level is also a pre-requisite for the Practitioner.
Course objectives:
At the end of this course, you will be able to understand the principles, cycles, practices, techniques, roles, responsibilities, documents and organizational context within which portfolio management operates. Specifically to know and understand the:
• Scope and objectives of portfolio management and how it differs from programme and project management
• Benefits from applying portfolio management
• Context within which it operates principles upon which successful portfolio management is based
• Approaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio management.
• Purposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practice.
• Purpose and key content of the major portfolio documents
• Scope of key portfolio management roles
Course outline:
1) The Portfolio Management Model:
Cost effectiveness, Objectives and Benefits
2) Implement:
Sustain and Measure, Seven steps to implementation, Key factors in sustaining progress, Maturity assessments, Performance metrics.
3) Strategic and organizational context:
Business as Usual (BAU), Strategic Planning, Budgeting and resource allocation, Programme and Project management, Performance Management, Corporate Governance.
4) Portfolio management Principles:
Senior Management Commitment, Governance Alignment, Strategy Alignment, Portfolio Office, Energized change culture.
5) The Portfolio definition practices:
Understand, Categorize, Prioritize, Balance, Plan) The Portfolio delivery practice (Management Control, Benefits Management, Financial Management, Risk Management, Stakeholder Management, Organizational Governance, Resource Management.
6) Roles and Documentation:
Portfolio Group and Investment committee, Portfolio Progress group and, Change Delivery committee, Business Change Director and Portfolio Director, Portfolio Manager, Portfolio Benefits Manager, Portfolio Management Framework, Portfolio Strategy, Portfolio Delivery Plan, Portfolio Benefits, Management Framework, Portfolio Benefits Realization Plan, Portfolio Financial Plan, Portfolio Resource Schedule, Portfolio stakeholder engagement and communication plan, Portfolio dashboard.
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 all 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.
Prerequisites:
• There are no formal prerequisites, but a PRINCE2 Foundation certificate is recommended
Language:
• English course material, Norwegian or English speaking trainers
Certification:
• Eksamen på slutten av siste kursdag på fysiske klasseromskurs
• Eksamen tas i etterkant av på virtuelle kurs som en online test
• Multiple choice examination questions
• 50 questions per paper
• 25 marks required to pass (out of 50 available) - 50%
• 40 minutes’ duration
• Closed book