About The Course
MoP® Foundation and Practitioner Virtual
Why should I take the Management of Portfolios Foundation and Practitioner Virtual classroom 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.
Virtual classroom training allows you to benefit from real-time teaching in the comfort of your home or office. You get the same interactions as an on site course and will be able to ask questions to the instructor. Since the exams are not done on paper during the class but online, you will also benefit with time to study and prepare until you are ready to get the certification.
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 virtual classroom from a MoP Accredited Trainer
- Official manual: “Management of Portfolios” (Hard copy)
- Accredited course material including sample exam questions
- MoP Foundation and Practitioner online exams 24/7 (webcam required) + ebook
- 39 PDUs if you are a PMP
What will I learn:
- 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.
What are the course prerequisites:
There are no prerequisites for this course. You should be working in or have a good knowledge of project portfolio management or be a senior project manager. You need to complete some study before the course. We’ll provide all the reading materials you need so you will be well prepared before you come to class.
What are the course contents:
This is the full PEOPLECERT International MoP course. It covers the MoP syllabus to Practitioner level.
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
Exam:
Which exams are included in this course?
This course includes the MoP Foundation and Practitioner exams.
MoP Foundation exam
This is your first exam designed to test your knowledge and understanding of MoP
- 50 multiple choice questions with 1 mark for each question
- Closed book exam
- 40 minutes duration
- 50% needed to pass so a score of 25 / 50 is required
MoP Practitioner Exam
Your second exam tests your ability to apply the MoP guidance to a realistic scenario. You are required to show that you can analyze situations and make decisions using the standard 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 so a score of 40 / 80 is required
When are the exams taken?
On day 1 of the virtual course, we will send you a prepaid voucher for the exam authority PeopleCert. You will be able to schedule the exams in the portal anytime you want 24/7. You can change the time of the exam as you please. However, if you change the date 48hrs prior to start time, PeopleCert will charge a fee. A webcam is required to identify yourself to the proctor with a photographic ID and then you can do the exam online from home.
What are the technical requirements for the online exam?
A personal computer is recommended to avoid any technical issues. If you are using an office computer, make sure you have the access rights or IT support at the time of the exam. For the online proctored exam an interface needs to be installed. Administrative rights are therefore essential. Exams can be taken on a recent MAC or PC with Windows. A webcam and working microphone (internal or external) are required. The online exam is not available on a tablet (Ipad) or Cellular phone at the moment.
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 exam so that you are fully prepared. During the course, you practice with the latest exam papers from PeopleCert International. Day 4-5 of the course are dedicated to practicing 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 have a photographic ID with you. A driver’s license or passport is fine. A work ID, with photograph, is also acceptable.
English is not my native tongue?
For exams done in another language than your native tongue, you will be attributed 25% more time. We can also make arrangements to help with dyslexia or medical issues regarding exams if you submit a doctor’s note in advance.
How long does my MoP qualification last?
The MoP certificates are valid 3 years.
You can join the MyAXELOS membership for a small fee, maintain your digital badge and certification by recording 20 points of continuous development per year. Otherwise retaking the exam(s) after 3 years will be costly.
Candidates who do not renew will still be included on the Successful Candidates Register (SCR) and the Candidate Verification Service, but a note will be added to their record to indicate that their certification needs to be renewed to align with current certification requirements.
What happens if I don’t pass an exam?
If you don’t pass an exam, you can do a re-sit. We will send you a new voucher code for an additional fee. If you feel insecure, it is possible to purchase a re-sit insurance from PeopleCert up to 15 minutes prior to taking the exam. This will provide you a second attempt, if necessary, within the following 6 months.
FAQs:
MoP® Foundation and Practitioner Virtual
MoP® Foundation and Practitioner Virtual (Eastern Canada)
Virtual Eastern Canada Virtual Eastern Canada, CanadaThis course is scheduled:Foundation level – March 17-18-19, 2025 from 8h30 to 4h30 (eastern time)Practitioner level – March 27-28, 2025 from 8h30 to 4h30 (eastern time) This Practitioner level course…