MoV ® Combined Package
(course code MOVC3)

Overview

The MoV Combined course blends our Foundation course and Practitioner seminar. Each participant is first provided with a solid Foundation in MoV concepts, and is then advanced to a Practitioner understanding of how to apply MoV guidance in practice.

Course Objectives

By the end of the Foundation Course delegates will be able to:

Demonstrate a knowledge of MoV principles, approach and environment;
Explain the processes and techniques of value engineering and value analysis;
Organise and contribute constructively to a Value Study;
Assist an MoV Professional to analyse a company, programme or project to identify and weight Value Drivers, and assess organisational value;
Provide careful and detailed preparation for the Foundation Exam.

The Practitioner Seminar will enable delegates to demonstrate their ability to:

Organise and contribute constructively to a Value Study;
Demonstrate a knowledge of MoV principles, processes, approach and environment;
Analyse a company, programme or project to establish its organisational value, including identification and weighting of Value Drivers;
Be well prepared for the Practitioner Examination.

Who Should Attend

This course is suitable for individuals involved in driving more value from business as usual, or projects, portfolios and programmes.

Prerequisites

There are no prerequisites for the Foundation course. Candidates for the Practitioner exam must have previously passed the Foundation exam.

Course Content

The following topics will be covered in the Foundation Course:

Introduction: what is MoV and why it is needed;
Value management and its place in organisational Best Practice;
Principles underpinning value management;
Processes and Techniques to be applied when using MoV;
Approach to implementing MoV;
Environmental factors influencing and impacting value;
Application of MoV studies in a portfolio, programme and project environment;
Application of MoV studies in a Business as Usual environment;
Embedding a value culture in the organisation;
Preparation for the Foundation Examination.

The following topics will be covered in the Practitioner Seminar:

Application of MoV studies in a portfolio, programme and project environment;
Application of MoV studies in a Business as Usual environment;
Embedding a culture of MoV in the Examination;
Processes and Techniques to be applied when using MoV;
Preparation for the Practitioner Examination.

The Practitioner Seminar is scenario based, and focuses on the application of MoV under different programme environments and scenarios. Review and revision sessions of all MoV elements are included throughout the training.

Delegates will work through a range of exercises and case studies in order to broaden and deepen their understanding of value management and to prepare for the exam.

Certification Exams

The Foundation Exam is a 40 minute closed book exam. There are 50 multiple choice questions. The candidate must correctly answer 50% or more of the questions to pass the exam.

The Practitioner Exam is a 2 ½ hour open book book exam; only the MoV Manual may be used.

The candidate must provide responses to questions presented in the following styles:

Classical multiple choice
Yes/No
Multiple response
Matching
Sequencing
Assertion/Reason

There are 80 question lines worth 1 mark each, so the maximum score for the exam is 80 marks. The candidate must score 40 (50%) or more marks to pass the exam. Candidates for the Practitioner Exam must have passed the Foundation Exam.

We conduct these exams on behalf of the relevant Examination Institute, subject to their terms and conditions.
Please note: Exam candidates must bring signed photo ID (passport, driving licence, etc.) as they will be asked to produce it by the invigilator prior to the exam.

Delivery Options and Fees

We offer a range of delivery styles and packages for this course. Please go to the Packages and Inclusions page to review the inclusions provided with each package.

Professional Development

Candidates who pass the Practitioner exam are entitled to style themselves as a "Registered MoV Practitioner" on CVs and business cards.

Successful completion of this course may entitle you to credits in various professional development programmes:

For AIPM CPD points, check here;
For PMI PDUs, check here (see page 11).

Follow-on Courses

We recommend our Benefits Management and M_o_R risk management courses.

MoV® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

MoV ® Combined Package(course code MOVC3)