All Brands   >   MoP Management of Portfolios   >   Management of Portfolios MoP Foundation

CMDBID: 69419 | Course Code: | Duration: 3 Days
Overview >

Have you seen the combo bundle for this course? Take advantage of the discount on our MoP Foundation and Practitioner Combo.

Portfolio management is defined as a coordinated collection of strategic processes and decisions that together enable the most effective balance of organisational change and business as usual.

Management of Portfolios (MoP) approaches the management of change projects and programmes from a strategic viewpoint. It provides an overview of all change activities, including what is in the portfolio, what it is costing, what organisational and implementation risks are faced, what progress is being made, and most importantly what the impact on business as usual and organisational strategic objectives is.

MoP builds on and co-ordinates existing processes such as strategic planning, investment appraisal and programme and project management to be effective and add value.

Portfolio management addresses the fundamental questions:

  • Are we doing the right things?
  • Are we doing these things right?
  • Most significantly, are we realising all the benefits in terms of more effective services and efficiency savings from the changes we are implementing?

Can't see the video above? Click here to open it in a new screen.

MoP is based on five flexible Principles which provide the foundation for successful Portfolio Management practice, in terms of:

  1. Senior Management Commitment: Any change initiative struggles without it, so top-level support comes first in MoP's list. Change initiatives must have public champions to communicate the value and benefits of Portfolio management. They need to use both the stick and carrot – ensuring compliance with PfM standards and personally demonstrating the behaviours essential to the success of the Portfolio. So, no 'pet projects' – not even the Chief Executive's!
  2. Governance Alignment: Without proper governance – including clarity about what decisions are made – PfM will fail. MoP provides examples and diagrams of a successful Portfolio governance structure – from Programme and Project Mangers up through the Portfolio Progress Group to the Director / Investment Committee level. Supporting these are the P3O model and, working alongside them: Business As Usual areas that will be impacted by the change. A full set of role descriptions are provided in the MoP manual as ready-to-use templates.
  3. Strategy Alignment: Change initiatives which do not deliver benefit = waste and confusion. The ultimate objective of PfM is to achieve the strategic objectives of the organisation. MoP suggests a driver based model starting with very high level strategy, down to strategic objective then benefits and finally, change initiatives that will deliver them. It provides useful, practical, examples for the private and public sectors.
  4. Portfolio Office: There has to be a business area which provides up to date and accurate information to allow good decision making by Portfolio Managers. This is the role of the Portfolio Office and this MoP principle is strongly linked to the OGC standard: P3O. MoP shows different P3O models including linked (but temporary) Programme and Project offices as well the permanent Portfolio office and aligned Centre of Excellence.
  5. Energised Change Culture: The success of the Portfolio depends as much on people as process so this principle recognises the need for an engaged team working together to define and deliver the Portfolio. Here, MoP gets into the 'softer side' by looking at areas such as communication, the learning organisation and listening and engagement with staff.

Foundation Exam

  • 40 minute 50 question Multiple Choice Question Exam held on day 3
  • Requires 50% pass to attain Management of Portfolio (MoP) Foundation Certification

Note that some evening work is required – approximately 2 hours on days 1 and 2.

Audience >
Skills Gained >
Prerequisites >
Outline >

Course Dates

Search by:

Show only GTR courses

Page 1, showing results 1-25 out of 49
Location
Duration
Start Date
Price
LVC, United Kingdom
5 Days
4th Oct 2021
£3000
LVC, Australia
5 Days
18th Oct 2021
$6250
LVC, New Zealand
5 Days
18th Oct 2021
$6250
LVC, Australia
5 Days
18th Oct 2021
$6250
LVC, Germany
5 Days
18th Oct 2021
€3500
LVC, Spain
5 Days
18th Oct 2021
€3500
LVC, United States
5 Days
18th Oct 2021
$4500
LVC, New Zealand
5 Days
18th Oct 2021
$6250
LVC, United States
5 Days
18th Oct 2021
$4500
Birmingham, United Kingdom
3 Days
2nd Nov 2021
£1800
New York, United States
5 Days
8th Nov 2021
$4500
Auckland, New Zealand
5 Days
8th Nov 2021
$6250
Wellington, New Zealand
5 Days
8th Nov 2021
$6250
Canberra, Australia
5 Days
8th Nov 2021
$6250
Chicago, United States
5 Days
8th Nov 2021
$4500
San Francisco, United States
5 Days
8th Nov 2021
$4500
Paris, France
5 Days
8th Nov 2021
€3500
Berlin, Germany
5 Days
8th Nov 2021
€3500
Madrid, Spain
5 Days
8th Nov 2021
€3500
Milan, Italy
5 Days
8th Nov 2021
€3500
Virtual, Live Virtual
3 Days
9th Nov 2021
£1800
LVC, Australia
5 Days
15th Nov 2021
$6250
LVC, United States
5 Days
22nd Nov 2021
$4500
LVC, United Kingdom
5 Days
22nd Nov 2021
£3000
LVC, New Zealand
5 Days
22nd Nov 2021
$6250

Thinking about Onsite?

If you need training for 3 or more people, you should ask us about onsite training. Putting aside the obvious location benefit, content can be customised to better meet your business objectives and more can be covered than in a public classroom. Its a cost effective option. One on one training can be delivered too, at reasonable rates.

Submit an enquiry from any page on this site, and let us know you are interested in the requirements box, or simply mention it when we contact you.

All $ prices are in USD unless it’s a NZ or AU date

SPVC = Self Paced Virtual Class

LVC = Live Virtual Class

Please Note: All courses are availaible as Live Virtual Classes