MoP® Foundation and Practitioner Combined

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. MoP helps organizations answer the fundamental question:

Are we sure this investment is right for us and how will it contribute to our strategic objectives?

  • Investment is the key word because portfolio management is about investing in the right change initiatives and implementing them correctly.
  • Are we doing these things right?
  • Are we realizing all the benefits in terms of more effective services and efficiency savings from the changes we are implementing?
«God kombinasjon av opplæring/forelesing, erfaring og personlig eksempler, samt involvering av publikum i diskusjoner. Det var veldig lett å følge med. » Tatiana Mazur, IKT Agder

This course combinds the two Courses:

The combined courses have a discounted campaign price and cannot be used with other offers or contract prices.

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.

Course objectives:

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.

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
  • business case writers and project

Course material:

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

Prerequisites:

There are no formal prerequisites, but a PRINCE2® 7 Foundation certificate is recommended.

The Portfolio Management Model

Understand the fundamental portfolio management model and how portfolio management supports organisational objectives, benefits and cost effectiveness.

  • Cost effectiveness
  • Objectives
  • Benefits

Implement, sustain and measure

Explore how portfolio management can be introduced and embedded within an organisation.

  • Sustain and Measure
  • Seven steps to implementation
  • Key factors in sustaining progress
  • Maturity assessments
  • Performance metrics

Strategic and organisational context

Understand how portfolio management interacts with the organisation's wider strategic and operational activities.

  • Business as Usual (BAU)
  • Strategic Planning
  • Budgeting and resource allocation
  • Programme and Project Management
  • Performance Management
  • Corporate Governance

Portfolio management principles

Explore the principles that underpin successful portfolio management.

  • Senior Management Commitment
  • Governance Alignment
  • Strategy Alignment
  • Portfolio Office
  • Energized Change Culture

Portfolio definition practices

Understand how organisations identify, assess and prioritise initiatives to create a balanced portfolio.

  • Understand
  • Categorize
  • Prioritize
  • Balance
  • Plan

Portfolio delivery practices

Explore the practices used to effectively manage and deliver the portfolio.

  • Management Control
  • Benefits Management
  • Financial Management
  • Risk Management
  • Stakeholder Management
  • Organizational Governance
  • Resource Management

Roles and documentation

Understand the governance structures, responsibilities and documentation involved in effective portfolio management.

  • Portfolio Group and Investment Committee
  • Portfolio Progress Group
  • 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

Practitioner – Applying MoP

The Practitioner part moves from understanding MoP to applying and tailoring the guidance to different portfolio scenarios.

  • Introduction to Portfolio Management
  • Course objectives
  • MoP Qualification
  • Target Audience
  • Exam Overview
  • The Practitioner Exam
  • The MoP Syllabus

Practical exercises

Apply portfolio management concepts and techniques through practical exercises.

  • Sources of organizational energy
  • Organizational energy states
  • Activity sequencing
  • Categorization and segmentation
  • Financial appraisal
  • Multi-criteria analysis
  • Portfolio Definition Cycle
  • Risk Management
  • MoP roles
  • MoP documents

Group discussions

Explore practical challenges and different approaches to implementing portfolio management.

  • Barriers to implementation
  • Three implementation approaches
  • Governance and alignment
  • Portfolio definition
  • Portfolio delivery
  • Implement, sustain and measure

Exam preparation

Prepare for the Foundation and Practitioner certification exams through review and exam-focused activities.

About the Foundation exam:

  • Multiple choice examination questions
  • 50 questions per paper
  • 25 marks required to pass (out of 50 available) - 50%
  • 40 minutes’ duration
  • Extra time (15 min) for non-natives English speakers
  • Closed book

About the Practitioner 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

Regular classroom courses:
Paperbased exam at the end of the last course day

Virtual courses:
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.

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.

Practical information

Duration: 4 days
Price: 29 900 NOK
Language: English course material with a Norwegian- or English-speaking instructor
Format: The course is offered as an open course and can also be booked as an in-company course.

FAQ

Hva er forskjellen på MoP Foundation og Practitioner?
Foundation gir deg forståelse av prinsippene, praksisene, teknikkene, rollene og dokumentasjonen i MoP. Practitioner bygger videre på dette og fokuserer på hvordan du anvender og tilpasser MoP i konkrete porteføljesituasjoner.

Trenger jeg forkunnskaper for å ta det kombinerte kurset?
Nei, det er ingen formelle forkunnskapskrav. PRINCE2 Foundation anbefales imidlertid som et godt utgangspunkt.

Hvorfor velge det kombinerte kurset?
Du gjennomfører både Foundation- og Practitioner-nivået i ett samlet kursløp og går fra grunnleggende forståelse av MoP til praktisk anvendelse og tilpasning av rammeverket.

Er begge eksamenene inkludert?
Ja, sertifiseringstestene er inkludert i kursavgiften. Dersom du ikke består på første forsøk, får du én gratis ny eksamensmulighet som gjennomføres på nett.

Er Practitioner-eksamen åpen bok?
Ja. Den offisielle trykte Management of Portfolios-guiden kan brukes. Manualen kan være annotert og ha faner, men løse ark eller ekstra notater er ikke tillatt.

Kan kurset bestilles bedriftsinternt?
Ja. Kurset tilbys både som åpent kurs og kan bestilles som bedriftsinternt kurs tilpasset virksomhetens behov.

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