Management of Value (MoV®) Foundation | English

INTRODUCTION

• The purpose and structure of the courseaThe format and style of the  MoV examination

INTRODUCTION TO MoV

• The relationship between MoV and other best practice management productsaDefinition of “value”aDescription of MoV in terms of terms of “what it is”, “where it can be used”, “when it should be used” and finally “what is involved in its use

PRINCIPLES

• Description of the 7 MoV principles

PROCESSES

• Description of the 7 MoV processes

TECHNIQUES

• Description of:
• Function Analysisa
• Function Cost Analysisa
• Value Engineering and Analysisa
• Other common techniques often used in MoV

APPROACH & IMPLEMENTATION

• Description of a generic process around which a study can be structured
• Description of the relationships between the MoV study leader and the rest of the team

ENVIRONMENT

• Description of the external and  internal factors that affect MoV policies and strategies
• Description of the considerations for the portfolio, programme, project and operational environments

EMBEDDING

• Overview of the embedding processaKey benefits of embedding MoVaKey steps of embedding MoVaRoles and responsibilities required when using MoVaOvercoming barriers to implementation

APPENDICES

• MoV documents
• MoV toolbox
• MoV health check
• MoV maturity modelling

FOUNDATION EXAMINATION TECHNIQUE

• How to approach the MoV examination

EXAMINATION SIMULATOR

• Featuring sample questions in the style of the MoV examination and timed to assist your preparation.

The main body of the course consists of 11 sessions which covers MoV Principles, Processes and Techniques. It also covers MoV Approach and Implementation,  the MoV Environment, Embedding MoV and the MoV Guidance Appendices.

The MoV Foundation e-learning course imparts a broad understanding of the vital principles and techniques found in succesful investments. Through comprehensive instruction, you will gain essential insight into how to make better decisions, utilize resources efficiently, and deliver greater outcomes for your organization - ultimately leading to long term value realized from investment.

The course will be of benefit to all levels of management including:aCorporate Managers – responsible for instigating MoV studies with a view to starting new programmes or projectsaProgramme Managers – responsible for making sure programmes deliver the best value solutions taking into account the views of the stakeholdersaProject Managers – responsible for delivering products from their projects that represent the best value for money solutionsaOperational Managers – responsible for undertaking MoV studies to assist in reviewing operational procedures and improving efficiencyaAll other personnel who have an interest or responsibility for Management of Value within their organisation

• English

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