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 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.
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 organizationalenvironments
- evaluate examples of MoP information (including documents and role descriptions) analyse the solutions adopted in relation to a given scenario.
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
- business case writers and project
An MOP Foundation certificate is required and some experience in managing portfolio’s.
All course material will be delivered digital and consist of:
- Course material with slide sett
- Official MoP manual
- PodCast which sums up the highlights per day
How to take the exam:
Regular classroom courses:
Paperbased exam at the end of the last course day
You will get an exam voucher that gives you access to an online exam. This can be booked and taken home monitored by a proctor via camera.
Get the step-by-Step Guidelines on how to take an Online Proctored Exam on your computer.
Online Proctoring Guidelines
The trainer will also guide you through the procedures on how to book and prepare for the exam during the course
For both alternatives:
If you fail on your first attempt you receive a free online retake voucher. This can only be conducted online.
Introduction to Portfolio Management
Introduction to Portfolio Management, Course objectives, MOP Qualification, Target Audience, Exam Overview, The Practitioner exam, The MOP Syllabus
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
Barriers to implementation, 3 Implementation approaches, Governance and alignment, Portfolio definition, Portfolio delivery, Implement, sustain and measure
About the exam:
- Objective testing format
- Four questions per paper with 20 marks available per question - all question items will be worth one mark, making the total number of marks available per paper 80
- Open book exam.
Candidates may use the official printed hard copy of the Management of Portfolios guide. The manual may be annotated and tabulated but no sticky notes and loose leaf papers containing additional notes will be allowed.
- 40 marks required (out of 80 available) to pass - 50%
- 180 minutes' duration.
- Extra time (38 min) for non-natives English speakers