MoV® (Management of Value) is a framework that focuses on improving benefits and reducing expenditure to speed up delivery, without impacting essential project scope or service quality. Instead of focusing on simply minimizing costs, this course teaches students to help organizations maximize value in line with program or project objectives. The management of value is essential to effective policy making, programs, projects, service reviews or product redesigns. Therefore MoV is vital to Business as Usual and P3M environments, providing an audit trail of how optimum value has been achieved. The available learning methods – Online Classroom & Bootcamp – provides a case-study driven approach to teaching MoV® and prepares students for the associated exam.
Key Learning Features
During the course, students will learn:
The main processes and techniques used within MoV® and the reasons for using them.
How MoV may be applied at portfolio, program, project and operational levels.
The differences in applying MoV® at different stages in a project and the expected outputs from a MoV® study at each stage.
The circumstances under which MoV® should be used.
The concept of value and how value may be improved.
The main benefits arising from the use of MoV®.
The course will be of benefit to all levels of management including:
Corporate Managers – responsible for instigating MoV® studies with a view to starting new programs or projects
Program Managers – responsible for making sure programs deliver the best value solutions taking into account the views of the stakeholders
Project Managers – responsible for delivering products from their projects that represent the best value for money solutions
Operational Managers – responsible for undertaking MoV® studies to assist in reviewing operational procedures and improving efficiency
Any other professionals who have an interest or responsibility for MoV® within their organization
There are no formal requirements for participating in this course.