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MANAGEMENT OF PORTFOLIOS FOUNDATION AND PRACTITIONER

Why should I take the MoP Foundation and Practitioner 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 Practitioner level course gives you the ability to analyze portfolio situations and apply best practice to make decisions using the MoP method. It is, therefore, suitable for senior managers responsible for the delivery of the corporate change portfolio.

Who should attend this class?

Typical job roles include

  • C-level executives including: CFO, CAO, COO, CIO and Executive / Senior VP

  • Senior managers responsible for long term planning and strategy

  • Portfolio / Program Office staff who manage portfolio delivery or enable portfolio level decision making

  • Portfolio, Program and Senior Project Managers responsible for delivering change initiatives in the portfolio

What is included?

The course includes:

  • 5-days classroom training from a MoP Approved Trainer

  • Official MoP manual: "Management of Portfolios"

  • Accredited course material including sample exam questions

  • MoP Foundation and Practitioner exams + Certificate

  • 35 PDUs if you are a PMP

What will I learn?

By the end of the course you will be ready to:

  • Prioritize projects and programs according to strategic needs

  • Balance the competing needs of change management and business as usual

  • Create a Portfolio Strategy and Delivery Plan to align with corporate objectives

  • Apply portfolio management techniques such as decision conferencing and multi-criteria analysis

  • Improve management control of the portfolio using stage gates and management by exception

  • Reduce overall risk by establishing dependencies between projects and programs

  • Provide an energized change culture to ensure people are engaged and focused on delivering change

  • Take and pass the MoP Foundation and Practitioner exams

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 Practitioner Exam Preparation

  • Sample Practitioner Exam Paper

  • Exam Tips and Technique

MoP Foundation & Practitioner Exams

EXAMS

Which exams are included in this course?

This course includes the MoP Foundation and Practitioner exams

MoP Foundation exam

This is your first 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

MoP Practitioner Exam

Your second MoP exam tests your ability to apply the MoP guidance to the management of a portfolio of projects and programs. You are required to show that you can analyze situations and make decisions using the method appropriately. You must pass the Foundation exam to sit the Practitioner.

  • 4 Objective Testing style questions with 20 points per question. A total of 80 marks are available

  • Questions are in different formats including classic multiple choice, matching, sequencing and assertion / reason

  • Open book exam, but only the official MoP manual can be used

  • 3-hours duration

  • 50% needed to pass - 40 correct marks

When are the exams taken?

Your Foundation exam is taken on Wednesday afternoon. Your Practitioner exam is taken on Friday.

How does the course prepare me for the MoP Foundation and Practitioner exams?

The course follows the official MoP Foundation and Practitioner exam syllabus. The accredited training materials are cross referenced to areas of the exams so that you are fully prepared. During the course, you practice with the latest exam papers. Day 4 of the course is dedicated to practice for your Practitioner exam and our expert trainer will guide you through a series of exercises and discussions to get you ready for the exam itself.

Do I need ID for the MoP exams?

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 and Practitioner qualifications are permanent. You will receive a certificate attesting your certification for a lifetime.

What happens if I don't pass a MoP 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. If you don't pass the Practitioner exam you will find this out by email a few weeks after taking the class. We'll send you your score and a question by question breakdown of your paper. You can retake the MoP Practitioner exam at the next class for an additional fee.

Can I just take the MoP exams with you?

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

FAQS

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 -> Friday: 8.30 AM to 4:30 PM

  • On Friday, the class may finish early after your Practitioner exam.

How much preparation is required?

You have about 10-20 hours of preparation to do before you attend the MoP Foundation and Practitioner 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 split the MoP Foundation and Practitioner course?

Yes. We know that different people learn in different ways. And have busy schedules! 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 35 PDUs at the PMI for the MoP Foundation and Practitioner course. (7 Technical PDUs, 14 Leadership PDUs, 14 Strategic PDUs )  

Find this course in your area.