Management of Portfolios (MoP®) Foundation

• Selecting Projects and Programs: Learn techniques for choosing projects and programs that align most effectively with your organisation’s strategic objectives.
• Value Optimisation in Project and Program Management: Gain insights into managing projects and programs in ways that maximise value for customers and stakeholders.
• Portfolio Management with Ongoing Operations: Discover strategies for managing portfolios effectively while ensuring that day-to-day business operations continue smoothly.
• Preparation for the MoP Foundation Exam: Receive all the necessary materials and guidance to successfully pass the official MoP Foundation certification exam.

This course provides essential strategies for achieving the best returns on investment in change programs and projects, guiding candidates through:

• Effective Portfolio Management: Learn from a practical 'how-to' guide on portfolio management best practices.
• Tools and Techniques: Master proven methods to identify and prioritise investments within your portfolio effectively.
• Training Resources: Engage with diverse and interactive training assets, including instructor-led videos, gamified quizzes, and downloadable whitepapers, designed to enhance your learning experience.
• Exam Preparation: Successfully passing the MoP Foundation exam is necessary to advance to the MoP Practitioner level.
• Cost-Effective Learning: Concerned about the costs of portfolio management education? This course includes a free voucher for the MoP Foundation exam to alleviate financial concerns.
• This MoP® Foundation course is accredited by PeopleCert.

Welcome to the MoP Foundation Course

Familiarize yourself with the structure, goals, and essential resources of the course. This includes the syllabus, diagram pack, glossary, additional readings, links document, and key MoP framework publications. 

Module 1: Understanding Portfolio Management

Explore the fundamentals of portfolio management, defining essential terms and explaining the model, principles, cycles, and practices of the MoP framework. This module also discusses the benefits and dispels common misconceptions.

Module 2: Strategic and Organisational Context

Learn how portfolio management aligns with the broader strategic goals of an organisation and its integration with other critical functions.

Module 3: Principles of Portfolio Management

Dive into the core principles vital for effective portfolio management.

Module 4: Review of Modules 1-3

Engage in interactive exercises and games designed to review and reinforce the concepts and terms introduced in the first three modules.

Module 5: Portfolio Management Cycles

Examine the primary approaches to portfolio management, focusing on sustaining progress and introducing the definition and delivery cycles.

Module 6: Defining the Portfolio Cycle

Understand the definition stage of portfolio management, broken down into five key practices: Understand, Categorise, Prioritise, Balance, and Plan.

Module 7: Delivering the Portfolio Cycle

Detail the delivery stage of portfolio management through seven practices: Management Control, Benefits Management, Financial Management, Risk Management, Stakeholder Engagement, Organisational Governance, and Resource Management.

Module 8: Review of Modules 5-7

Reinforce key terms and concepts from the middle modules through games and activities.

Module 9: Practice Exams

Access two practice exams and learn about the format of the MoP Foundation exam.

Wrap-Up

Conclude with a summarising video that recaps the course content and objectives, ensuring candidates are thoroughly prepared for the certification exam.

This course on portfolio management is structured to equip participants with the knowledge necessary to attempt and successfully pass the Management of Portfolios (MoP) Foundation certification test. Included in the course are numerous practice tests that simulate the actual exam environment, complemented by a complimentary voucher for the certification exam for each participant.

Participants have the flexibility to take the certification test online at their convenience through a facility offered by PeopleCert.

Additionally, this training includes various mock tests designed to enhance readiness for the actual certification, complete with a FREE voucher for the exam (subject to terms and conditions).

Prior to scheduling your test, it's advisable to verify that your equipment complies with the necessary technical specifications. For further details and instructions, please refer to the PeopleCert official site.

Voucher requests are generally handled within two business days, though it’s prudent to allow for up to five. Vouchers must be claimed within the active period of course access, which begins on the purchase date. For additional support and frequently asked questions, visit the GEL Support & FAQs section.

What is Management of Portfolios (MoP)?

Management of Portfolios (MoP) is a strategic framework developed by PeopleCert, designed to aid organisations in managing their portfolios of projects and programs efficiently. It provides a set of principles, techniques, and practices aimed at helping organisations ensure that their projects and programs are aligned with their strategic objectives and deliver value.

How does MoP Work?

MoP focuses on optimising project and program outputs in context with the strategic goals of the organisation. It helps organisations answer fundamental questions like:

• Which projects and programs should be funded and why?

• How to balance change initiatives with business-as-usual?

• How to maximise return on investment and minimise risks?

The framework emphasises:

• Alignment with Objectives: Ensuring all projects and programs contribute towards the strategic objectives of the organisation.

• Value Maximisation: Focusing on delivering best value for stakeholders and optimising the cost of delivery.

• Change Management: Balancing the portfolio to accommodate change initiatives alongside ongoing operations.

What are the business benefits of MoP?

Implementing MoP can provide numerous benefits to organisations, such as:

• Improved Decision-making: MoP helps prioritise investments according to their potential impact and strategic value.

• Enhanced Efficiency: By applying best practices in portfolio management, organisations can streamline processes, reduce costs, and avoid redundant or conflicting projects.

• Stakeholder Engagement: Effective portfolio management involves engaging stakeholders at all levels, ensuring their expectations are managed and their interests aligned with the project outcomes.

How is MoP examined?

The MoP certification path includes:

• MoP Foundation Exam: No prerequisites required. It consists of 50 multiple-choice questions with a 40-minute duration. Candidates need to answer at least 25 questions correctly to pass.

• MoP Practitioner Exam: Requires passing the Foundation exam first. It includes four scenario-based questions, with 20 marks available per question and a total duration of 180 minutes. Candidates must score at least 40 out of 80 marks to pass.

What is the MoP certification pathway?

• MoP Foundation: Covers the key concepts and terminologies within the MoP guidance. It is ideal for individuals needing a basic understanding of MoP or those working within a portfolio office.

• MoP Practitioner: Focuses on applying and tailoring MoP in a scenario-based environment. Suitable for senior managers and those who are responsible for portfolio management functions.

This certification path provides a thorough understanding and practical insights into effective portfolio management, making it invaluable for professionals aiming to enhance their strategic management capabilities.