Management of Portfolios (MoP®) Foundation

About this course

Introduction

Management of Portfolios (MoP) is a world-class AXELOS framework offering proven principles, practices, and techniques for managing strategic portfolios.

Practitioners are experts at driving projects and programs in a way that balances business-as-usual with key change management initiatives.

By the end of this course, candidates will have a clear understanding of MoP and portfolio management.

They will be able to utilize the MoP framework’s knowledge and best practices to contribute to portfolio management teams.

Successful candidates will also be fully prepared to sit and pass the MoP Foundation certification exam on their first attempt! Kickstart your portfolio management training with Good e-Learning today!

Who is this course aimed at?

Formal and informal portfolio management roles related to project and program delivery, decision-making, and benefits realization
Senior Responsible Owners (SROs)
Directors of Change
Portfolio Managers
Project Managers
Program Managers
Business Change Managers
Benefits Managers
Project Appraisers
Business Case Writers
Management Board Members

What will you learn by taking this course?

How to choose projects and programs that best suit your organization’s strategic goals
How to manage projects and programs in a way that optimizes value for customers and other stakeholders
How to manage portfolios while still keeping daily operations running
Everything needed to pass the official MoP Foundation exam

Why should you take this course?

This course demonstrates how to get the best returns on investment for change programs and projects
Candidates receive a ‘how-to’ guide on portfolio management best practices
Candidates learn proven tools and techniques to identify and prioritize portfolio investment
Worried about what portfolio management costs to study? This course offers a free voucher for the MoP Foundation exam.
This course comes with a variety of engaging portfolio management training assets. These include instructor-led videos, gamified quizzes, downloadable whitepapers, and more!
Passing the MoP Foundation certification exam is a prerequisite for taking the MoP Practitioner exam
MoP is part of AXELOS ProPath and is required to earn the ‘ProPath Programme Leader’ qualification
This course is fully accredited by PeopleCert on behalf of AXELOS.

Course Outline

MoP Foundation

Module zero introduces you to the course’s main features, learning plan, aims and objectives, and structure. It also offers a syllabus, diagram pack, glossary, further reading and links document, and links to download essential copies of the MoP framework’s publications.

Module 1: What is Portfolio Management?

It also defines portfolio, program, and project management, along with the MoP frameworks’ portfolio management model, principles, cycles, and practices. Finally, it highlights the benefits of portfolio management and addresses several common misconceptions.

Module 2: The Strategic and Organizational Context

Module 2 looks at the context in which portfolio management operates and, specifically, the functions with which portfolio management must effectively coordinate its activities in pursuit of strategic objectives.

The module also explains key aspects of the relationships between portfolio management and other corporate functions and activities that share a focus on delivering strategic objectives.

Module 3: Portfolio Management Principles

Module 3 explores how portfolio management works by describing the five principles on which it is based.

Module 4: Review: Modules 1-3

This module presents a series of activities and games to help candidates review the concepts and key terms of the first three modules.

Module 5: Portfolio Management Cycles

Module 5 introduces the main approaches to portfolio management and how to sustain progress. It also lays the foundation for the portfolio management practices seen in modules 6 & 7 and examines the purpose of the definition and delivery cycles.

Module 6: Portfolio Definition Cycle

Module 6 explains the portfolio definition stage (collating the information in order to determine the right initiatives) through five practices:

Understand
Categorize
Prioritize
Balance
Plan

Module 7: Portfolio Delivery Cycle

Module 7 explains the portfolio delivery stage (the implementation of chosen initiatives) through seven practices:

Management control
Benefits management
Financial management
Risk management
Stakeholder engagement
Organizational governance
Resource management

Module 8: Review: Modules 5-7

This module presents a series of games and activities to help candidates review the key terms and concepts from modules 5-7.

Module 9: Practice Exams

This module offers two practice exams for the MoP Foundation examination. Candidates also receive an explanation of the exam format.

When you feel you are ready to sit the exam, simply contact Good e-Learning to request your FREE exam voucher.

Practice Exam Simulators

This module wraps up the course while also outlining the next steps for candidates.

Exam/Assessment

This portfolio management course is designed to prepare candidates to sit and pass the Management of Portfolios (MoP) Foundation certification exam. It features several practice exams to help students get used to exam conditions, as well as a free exam voucher for every student.

You can take the exam online (virtually) at any time using a service provided by PeopleCert.

This course comes with mock exams to help students prepare for the real thing, as well as a FREE exam voucher. (T&Cs apply)

Before booking your exam, it will be a good idea to make sure that your device meets the technical requirements. You can do so via this online test. This test will examine the suitability of your webcam, microphone, and internet connection. Please visit the PeopleCert website for more information and guidance.

When you are ready to use your free exam voucher, simply contact support@goodelearning.com. Exam voucher requests are typically processed within two working days, but please allow up to five. Students must request their exam voucher within the course access period, which starts from the date of purchase. For more information, please visit our Support & FAQs page.

MoP Foundation

This is a multiple-choice exam consisting of 50 questions
There is a time limit of 40 minutes to complete the exam
The exam is closed book, with only the provided materials being permitted for use
The pass mark for the exam is 50%: you must get 25 out of 50 questions correct

What do you get?

6 months’ access from the date of purchase to complete your training
16+ hours of online training content
Exam vouchers
Access through multiple devices
Offline player for studying on the move
Tutor support

FAQs

What is Management of Portfolios (MoP)?

‘Management of Portfolios (MOP)’ is an AXELOS framework offering tools, knowledge, and best practices to drive effective portfolio management. Practitioners are able to effectively choose, prioritize, and control an organization’s projects and programs based on their knowledge of strategic goals and the organization’s capacity to deliver results. At the same time, they are able to balance this with ‘business as usual’, sustaining the business while helping it achieve significant change.

How does MoP work?

MoP offers principles, techniques, and practices for portfolio management, with a focus on: Choosing programs and projects that align with strategic objectives, executing programs and projects in a way that maximizes customer and stakeholder value, and driving change initiatives while still managing ‘business-as-usual’ activities.

How can MoP benefit businesses?

MoP practitioners are experts at ensuring change initiatives are targeted, efficient, and cost-effective. They can also engage with stakeholders to ensure they understand the benefits of portfolio management. MoP best practices can also be applied across different areas of a business, including project and program management, as well as strategic planning and stakeholder engagement.

What do I need to know about the MoP exams?

There are no prerequisites for sitting the MoP Foundation exam. However, candidates must pass this exam before they can sit the MoP Practitioner examination.

The MoP Foundation exam features 50 multiple-choice questions. Candidates have 40 minutes to complete the exam and must answer at least 25 (50%) questions correctly to pass.

The MoP Practitioner exam features four questions with 20 marks available per question. Candidates have 180 minutes (three hours) to complete the exam and must score at least 40 marks (50%) to pass.

What does the MoP certification path look like?

Candidates start with MoP Foundation. This syllabus takes candidates through the building blocks of the MoP framework and equips them with the knowledge and practices to effectively contribute to portfolio management teams.

Passing the Foundation exam allows candidates to sit the MoP Practitioner exam. This focuses on applying MoP’s guidance in practice, with successful candidates knowing how to effectively oversee portfolio management teams and initiatives.

What you will learn

Portfolio Definition Cycle:

Learn about the portfolio definition cycle, which includes strategic definition, portfolio prioritization, and portfolio balancing, and how to effectively apply it in practice.

Portfolio Delivery Cycle:

Understand the portfolio delivery cycle, which includes the identification, definition, and delivery of portfolio components, and how to manage them throughout the lifecycle.

Portfolio Management Roles and Responsibilities:

Learn about the roles and responsibilities of key stakeholders in portfolio management, including the portfolio office, portfolio manager, and portfolio management team.

Benefits Management:

Explore techniques for benefits management within portfolios, including identifying, quantifying, and realizing benefits, and how to ensure alignment with strategic objectives.

Risk Management:

Understand the principles and practices of risk management within portfolios, including identifying, assessing, and managing risks to portfolio objectives and benefits.

Governance and Assurance:

Learn about portfolio governance and assurance mechanisms, including the roles of governance bodies, and how to ensure compliance with organizational policies and standards.

By completing the Management of Portfolios (MoP®) Foundation course, participants will have gained essential knowledge and skills in portfolio management, enabling them to contribute effectively to the successful delivery of portfolios within their organizations.

Benefits of this course

Improved Portfolio Management Skills:

Participants gain essential knowledge and skills in portfolio management principles, practices, and techniques, enabling them to effectively manage portfolios of projects and programs within their organizations.

Enhanced Strategic Alignment:

MoP® helps organizations align their portfolios with strategic objectives and priorities, ensuring that resources are allocated to projects and programs that deliver the greatest value and contribute to the achievement of organizational goals.

Better Decision-Making:

By understanding the principles and practices of MoP®, participants are better equipped to make informed decisions about portfolio investments, resource allocations, and risk management, leading to more successful outcomes.

Increased Benefits Realization:

MoP® emphasizes benefits management within portfolios, enabling organizations to identify, quantify, and realize the expected benefits of their investments, thereby maximizing return on investment (ROI) and value delivery.

Optimized Resource Utilization:

Effective portfolio management practices learned in the course enable organizations to optimize the use of resources, including financial, human, and technical resources, to achieve strategic objectives and deliver desired outcomes.

Risk Management:

MoP® incorporates risk management principles and practices, enabling organizations to identify, assess, and manage risks associated with portfolio investments, reducing the likelihood of unexpected issues or failures.

Enhanced Stakeholder Confidence:

Stakeholders are more likely to support portfolio initiatives that are managed using MoP® principles and practices, as they provide transparency and assurance about the alignment of portfolio investments with organizational goals and objectives.

Standardized Approach:

MoP® provides a standardized approach to portfolio management, ensuring consistency and quality across portfolios and enabling organizations to compare and prioritize investment opportunities effectively.

Overall, the Management of Portfolios (MoP®) Foundation course equips individuals and organizations with the knowledge, skills, and tools needed to effectively manage portfolios of projects and programs, drive strategic alignment, and achieve successful outcomes.

£639.00

Benefits Obtained :