MoV ® Value Management Courses

What is MoV Management of Value?

There has probably never been greater pressure on individuals and organisations, in both public and private sectors, to do more and more with less and less. For all organisations, finding the resources to meet essential and, often, escalating demands is putting unprecedented pressure on product and service quality. There is clear need for a way to match what is delivered with the available resources, without undermining essential quality of the outputs and to be able to demonstrate clearly that the decisions taken will maximise value for money.

Value management is one of the most powerful management tools available. It has particular application where improvement of productivity, service or quality performance is vital and when time or resources are limited. Its focus on "required function" enables decision makers to channel their efforts on the issues and factors that have the most direct impact on outcomes.

MoV is an acronym of Management of Value. MoV provides a set of universally applicable guidance to enhance and maximise value for organisations. It provides a set of principles, processes and techniques to enhance and deliver best value for product or process owners and end users alike.

When running portfolios, programmes and projects (P3), the key objectives are to deliver the expected outcomes in full, resulting in the expected realisation of benefits. However, this cannot be allowed to occur at any cost. The resources needed to achieve the desired results must be used as wisely as possible.

MoV is all about maximising value in line with P3 objectives. It captures key stakeholder requirements for what products or services should do rather than what they are, then develops solution designs that optimise value.

MoV focuses on improving benefits and reducing expenditure to speed up delivery without impacting essential project scope or service quality. It is not simply about minimising costs.

Value management is essential to effective strategy and policy development and delivery via portfolios, programmes and projects, as well as service reviews or product redesigns delivered via continual improvement processes. Therefore MoV is vital in both Business as Usual and P3 environments, providing an audit trail of how optimum value has been achieved.

Our courses

We offer three MoV courses, each with a range of delivery modes - in-house classroom, self study and eLearning:

What our courses cover

Our MoV courses equip individuals with the knowledge, proven methods and techniques to:

Value management principles: Understanding the core principles of value management and how to apply them to maximise value in projects, programmes, and portfolios.
Processes and techniques: Learning the processes and techniques for identifying, analysing, and maximising value, including value engineering and value analysis.
Stakeholder engagement: Techniques for engaging stakeholders to ensure their needs and expectations are met, and value is delivered effectively.
Resource optimisation: Strategies for optimising the use of resources to achieve the best possible outcomes and maximise return on investment.
Value measurement and audit: Methods for measuring and auditing value to ensure that it has been achieved and to identify areas for improvement.
Integration with other frameworks: Understanding how MoV complements other frameworks like PRINCE2, MSP, and MoP to enhance overall project and programme management.

Why you should take our courses

The purpose of our courses is to provide a robust foundation of knowledge for anyone involved in increasng the value of a product or process. Successful candidates will have the knowledge and understanding necessary to contribute constructively to teams engaging in value engineering in projects, programmes and business as usual operational environments.

Benefits for individuals

Enhanced decision-making skills: The course helps improve decision-making capabilities by teaching how to evaluate options and outcomes with a focus on maximising value while minimising waste.
Improved resource management: Participants learn to identify, allocate, and utilise resources more efficiently, leading to reduced operational costs and improved project performance.
Increased stakeholder engagement: The training emphasises understanding stakeholder needs and expectations, which can improve satisfaction and buy-in, reducing project resistance and enhancing collaboration.
Alignment with organisational goals: The course provides frameworks and tools to ensure projects and initiatives are strategically aligned with broader business goals.
Enhanced project success rates: Investing in MoV training can lead to higher project success rates by optimising project value and minimising risks.

Benefits for organisations

Optimized resource utilisation: MoV helps organisations make better use of their resources by identifying and eliminating waste, ensuring that resources are allocated to areas that provide the most value.
Enhanced decision-making: The MoV framework provides a structured approach to decision-making, enabling organisations to evaluate options and outcomes more effectively, leading to more informed and value-driven decisions.
Improved stakeholder satisfaction: By focusing on value, MoV ensures that the needs and expectations of stakeholders are met, leading to increased satisfaction and buy-in from stakeholders.
Increased project success rates: Implementing MoV principles can lead to higher project success rates by optimising project value, minimising risks, and ensuring alignment with organisational goals.
Better risk management: MoV provides tools and techniques for identifying, assessing, and managing risks, helping organisations to better navigate uncertainties and capitalise on opportunities.

Why we are the best value

Our MoV courses cover the breadth and depth of value analysis and value engineering. They are presented in a clear, predictable manner with key concepts reinforced and broken down into manageable sections, making them enjoyable courses.

We recognise that studying and sitting exams can be a stressful time on top of the day-to-day commitments of our lives. Therefore the structure and flow of the course provides predictability and confidence that the learner will be able to plan and manage their own learning experience and to grasp key concepts quickly. This results in being confident in your ability to pass the certification exams and to be able to apply what has been learnt to work practice.

And we are able to offer one-on-one tutor support to those taking our Self Study and eLearning courses, so you won't feel isolated, and can clear up any aspects of the course content or its application in your organisation that may be causing concern.

Our courses were developed by Geoff Rankins, our Lead Trainer and Instructional Designer. He has worked in project management for more than 40 years, and has been a Practitioner of MoV since 2011 when it was first released. His systematic approach to courseware and eLearning development is recognised by many Accredited Training Organisations and fellow trainers globally. Our Self Study and eLearning courses are based on our classroom courses; the eLearning format allows us to add content to most sessions that increases the value and clarity of what is being covered.

Choose the course that suits your needs ...