Course Overview
The Management of Portfolios (MoP®) guidance provides advice and examples of how to apply principles, practices and techniques that help optimise an organisation’s investment in change alongside its business-as-usual (BAU) work. ILX Group’s Management of Portfolios (MoP®) Foundation and Practitioner virtual classroom course will prepare you for both the Foundation and Practitioner qualifications in MoP®.
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The purpose of the Foundation qualification is to confirm that you have sufficient knowledge and understanding to work as an informed member of a Portfolio Office or in a range of portfolio management roles.
The purpose of the Practitioner qualification is to confirm that you have sufficient understanding of how to apply and tailor the MoP® guidance and to analyse portfolio data, documentation and roles in relation to a scenario situation. A successful Practitioner candidate should, with suitable support, be able to advise on the implementation of appropriate practices and techniques, and apply the method to a live portfolio, but may not be sufficiently skilled to do this appropriately for all situations. Their individual expertise, the complexity of the portfolio, and the support provided will also influence the impact the Practitioner can achieve.
Duration
This is an intensive five-day course that prepares you for the MoP® Foundation and Practitioner examinations. The training is conducted via a virtual training environment. You need to ensure that you can satisfy the technical requirements that can be found on our website here.
Pre-Requisites
You must have passed the Foundation exam prior to undertaking the Practitioner examination.
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Target Audience
This certification is aimed at those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realization. It is relevant to all those involved in the selection and delivery of business change initiatives including:
- Members of Management Boards and Directors of Change
- Senior Responsible Owners (SROs)
- Portfolio, Programme, Project, Business Change and Benefits managers
- Business case writers and project appraisers
Pre-Requisites
You must have passed the Foundation exam prior to undertaking the Practitioner examination.
Pre-Reading
There is mandatory online pre-course work that must be undertaken prior to attending this course. You will be sent full instructions with a link to the online pre course within 48 hours of your confirmed booking. In addition, whilst attending your course there will also be some examination preparation evening work.
The Exams
Exams are taken online via remote proctor. You will be sent an email invitation approximately two weeks prior to course commencement to register on the Peoplecert portal. Once registered you will be able to book your online exam at a date and time of your choice. You are responsible for booking your own exam. For more information about how to take your exam and the technical requirements, please click here.
Exam Format
Foundation
- Multiple choice examination questions
- 50 questions per paper
- 25 marks required to pass (out of 50 available) – 50%
- 40 minutes’ duration
- Closed book
Practitioner
- Objective testing format
- Four questions per paper with 20 marks available per question – all question items will be worth one mark, making the total number of marks available per paper 80
- Three hours allowed Open book exam (MoP® guide only)
- 40 marks required (out of 80 available) to pass – 50%
Learning Objectives
Foundation
The Foundation level qualification measures understanding of the principles, cycles, practices, techniques, roles, responsibilities, documents and organizational context within which portfolio management operates. Specifically by the end of the Foundation course you should know and understand the:
- scope and objectives of portfolio management and how it differs from programme and project management
- benefits from applying portfolio management
- context within which it operates
- principles upon which successful portfolio management is based
- approaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio management
- purposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practice
- purpose and key content of the major portfolio documents
- scope of key portfolio management roles
Practitioner
By the end of the Practitioner element of the course you should be able to apply and understand how to tailor MoP® effectively. Specifically you should be able to demonstrate your ability to:
- define the business case to get senior management approval for portfolio management
- plan the implementation of portfolio management
- select and adapt MoP® principles, practices and techniques to suit different organizational environments
- evaluate examples of MoP® information (including documents and role descriptions)
- analyse the solutions adopted in relation to a given scenario
What’s Covered?
Foundation
- MoP® overview
- Implement, sustain and measure
- Strategic and organizational context
- Portfolio management principles
- Portfolio definition cycle
- Portfolio delivery cycle
- Roles and documentation
- Foundation examination
Practitioner
Introduction and the Practitioner examination overview
Implement, sustain and measure
- strategic and organizational context
- portfolio management principles
- portfolio delivery cycle
- organizational governance
Portfolio definition cycle
- portfolio management principle (strategy alignment)
Portfolio delivery cycle
- all practices except organizational governance
Roles and documentation
Practitioner examination