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MANAGEMENT OF PORTFOLIOS FOUNDATION

Why should I take the MoP Foundation course?

You should attend Management of Portfolios training if you are working in project portfolio management. Project portfolio management ensures that your organization selects and manages the projects and programs which make the best contribution to your corporate objectives. MoP does this by establishing a clear line of sight between strategy and delivery of the portfolio. This Foundation level course gives you a detailed understanding of the MoP method so that you can work confidently in a MoP environment.

What is included?

The course includes:

  • 3-days classroom training from a MoP Approved Trainer

  • Official MoP manual: "Management of Portfolios"

  • Accredited course material including sample exam questions

  • MoP Foundation exam + Certificate

  • 21 PDUs if you are a PMP

What will I learn?

By the end of the course you'll be able to:

  • Explain the strategic and organizational context of portfolio management

  • Describe the 5 Principles of MoP including governance alignment and the portfolio office

  • State the 5 practices necessary for a successful Portfolio Definition cycle including prioritization, balancing and planning the portfolio

  • Understand the 7 practices of a Portfolio Delivery cycle, including risk, stakeholder and financial management

  • Identify appropriate portfolio roles and understand your responsibilities in delivering the portfolio successfully.

  • Take and pass the MoP Foundation exam

What are the course prerequisites?

You should be working in or have a good knowledge of project portfolio management. You need to complete about 10-20 hours of study before the course. We'll provide all the reading materials you need and a trainer to support your learning before you come to class.

What are the course contents?

This is the official MoP Foundation and Practitioner course approved by Peoplecert. The course covers the complete MoP syllabus to Practitioner level and includes examination practice.

Key Learning Points

What is Portfolio Management

  • Background & Definitions

  • Portfolio Management Models

  • Benefits of Portfolio Management & some misconceptions

Strategic and Organizational context

  • Portfolio Management vs. Business as Usual

  • Portfolio Management and strategic & business planning

  • Portfolio Management and budgeting and resource allocation

  • Portfolio Management and Programme and Project Management

  • Portfolio Management and performance management

  • Portfolio Management and Corporate Governance

  • Portfolio Management and corporate functions

5 Principles of Portfolio Management

  • Senior Management commitment

  • Governance alignment

  • Strategy alignment

  • Portfolio Office

  • Energized change culture

Portfolio Management Cycles

  • Implementing & Sustaining Portfolio Management

  • Using organizational energy

  • Portfolio Definition & Delivery cycles

Portfolio definition cycle

  • Understand

  • Categorize

  • Prioritize

  • Balance

  • Plan

Portfolio delivery cycle

  • Management control

  • Benefits management

  • Financial management

  • Risk management

  • Stakeholder engagement

  • Organizational governance

  • Resource management

Portfolio Analysis Techniques

  • Driver based contribution assessment

  • Three point estimating

  • Multi criteria analysis

  • Decision conferencing

  • Staged release of funding

  • Financial analysis of the Portfolio

MoP Foundation Exam

EXAM

Which exam is included in this course?

This course includes the MoP Foundation exam.

MoP Foundation exam

The MoP exam designed to test your knowledge and understanding of MoP

  • 50 multiple choice questions

  • Closed book exam

  • 40-minutes duration

  • 50% needed to pass - 25 correct marks

When is the exam taken?

Your Foundation exam is taken on Wednesday afternoon.

How does the course prepare me for the MoP Foundation exam?

The course follows the official MoP Foundation exam syllabus. The accredited training materials are cross referenced to areas of the exam so that you are fully prepared. During the course, you practice with the latest exam papers.

Do I need ID for the MoP exam?

You must bring photographic ID with you. A driver's license or passport is fine. A work ID, with photograph, is also acceptable.

How long does my MoP qualification last?

The MoP Foundation qualification is permanent. You will receive a certificate attesting your certification for a lifetime.

What happens if I don't pass the MoP Foundation exam?

If you don't pass your MoP Foundation exam you can retake a different paper immediately. All our exam packs include spare papers so you can re-take the test the same day. But relax: to date 99% of our students have passed their MoP Foundation exam first time around. Do the work, read the book and you will be OK. The immediate retake is there as a safety net if you need it.

Can I just take the MoP exam with you?

Sorry, no. We are an Accredited Training Organization for MoP so we are not permitted to offer just exams.

FAQS

Which is best for me – MoP Foundation or MoP Practitioner?

You should take the MoP Foundation course if you need a detailed understanding of project portfolio management. The course gives you an excellent introduction to the MoP method and enables you to work in the MoP portfolio management environment. If you have responsibility for delivering the portfolio or you need to make decisions and analyze portfolio management situations you should qualify at the Practitioner level.

What is the difference between portfolio management and project/program management?

Portfolio management is about managing the right projects and programs. Project and program management is about managing projects and programs the right way. Portfolio management helps you run the right change initiatives according to strategic needs and available resources. Project and program management methods, such as PRINCE2 or MSP, help managers plan, monitor and execute individual projects and programs.

Do I need to be a project or program manager to attend this class?

This course is designed for senior management and their colleagues who are responsible for a portfolio of projects and programs. Portfolio management teams co-ordinate and monitor projects and programs, but they don't manage them directly. It is helpful if you have some knowledge of project / program management but it is not essential. MoP is a business course for senior managers working at the strategic level.

Is this course about financial portfolio management?

No. Financial portfolio, or investment management is about managing securities, such as stocks and bonds, or assets, such as real estate, to meet financial targets for investors. MoP is about project portfolio management: managing projects and programs to achieve strategic objectives for your organization. These objectives could be financial but they could also be legislative or strategic and MoP uses multiple criteria to rank projects and programs. MoP does use some financial metrics, such as NPV or Payback, and you will cover these during the course.

Where is the class held?

Our courses are held at quality downtown venues in all major Canadian cities. You will be close to transport links and parking.

What are the class hours?

  • Monday -> Wednesday: 8.30 AM to 4:30 PM

How much preparation is required?

You have about 10-20 hours of preparation to do before you attend the MoP Foundation course. Before the class, we will send you the official MoP manual: "Management of Portfolios" as well as some pre-course reading and sample exam questions. During the pre-course, you read key chapters of the manual for guidance. After this, you can answer exam questions to test your knowledge and understanding. The pre-course work can be tailored according to how much time you have available. The more you can do before class though, the better prepared you will be to contribute and ask relevant questions.

Do I need to log portfolio management experience before the course?

MoP does not require you to log hours of portfolio management experience before training. The MoP approach is a bit like learning to drive: you certify and then practice.

Can I take the MoP Foundation class now and upgrade to Practitioner later?

Yes. Your job role may change or you may learn best in different stages, rather than a course taken all at once. You also have a busy schedule! We don't charge you extra if you book the course as one event, but take it on two different occasions.

How many PDUs do I get for this course?

PMPs can claim 21 PDUs at the PMI for the MoP Foundation course. (3 Technical PDUs, 9 Leadership PDUs, 9 Strategic PDUs )    

Find this course in your area.