MoV Foundation
Course
Online
Description
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Type
Course
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Methodology
Online
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Start date
Different dates available
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Online campus
Yes
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Support service
Yes
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Virtual classes
Yes
The main body of the course consists of 11 sessions which covers MoV Principles, Processes and Techniques. It also covers MoV Approach and Implementation, the MoV Environment, Embedding MoV and the MoV Guidance Appendices.
Facilities
Location
Start date
Start date
About this course
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 programmes or projects
Programme Managers – responsible for making sure programmes 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
All other personnel who have an interest or responsibility for Management of Value within their organisation
Accreditations
Multi-choice
50 questions per paper
25 marks required to pass (out of 50 available)
pass mark - 50%
40 minutes duration
Closed book
Reviews
Subjects
- Function Analysis
- Function Cost Analysis
- Value Engineering and Analysis
- Embedding MoV
- MoV documents
- MoV toolbox
- MoV health check
- MoV maturity modelling
- MoV examination
- MoV manual
Course programme
Introduction
The purpose and structure of the course
The format and style of the MoV examination
Introduction to MoV
The relationship between MoV and other best practice management products
Definition of “value”
Description of MoV in terms of terms of “what it is”, “where it can be used”,
“when it should be used” and finally “what is involved in its use”
MoV Principles
Description of the 7 MoV principles
MoV Processes
Description of the 7 MoV processes
MoV Techniques
Description of:
Function Analysis
Function Cost Analysis
Value Engineering and Analysis
Other common techniques often used in MoV
MoV Approach & Implementation
Description of a generic process around which a study can be structured
Description of the relationships between the MoV study leader and the rest of the team
MoV Environment
Description of the external and internal factors that affect MoV policies and strategies
Description of the considerations for the portfolio,programme, project and
operational environments
MoV Embedding
Overview of the embedding process
Key benefits of embedding MoV
Key steps of embedding MoV
Roles and responsibilities required when using MoV
Overcoming barriers to implementation
MoV Appendices
MoV documents
MoV toolbox
MoV health check
MoV maturity modelling
MoV Foundation Examination Technique
How to approach the MoV examination
MoV Examination Simulator
Featuring sample questions in the style of the MoV examination and timed to assist your preparation.
What's Included
12 months online access to our accredited MoV Foundation course
Full tutor support, plus many additional materials to help put MoV into practice
MoV Foundation mock exam revision tool.
Additional information
MoV Foundation exam: Valid for 12 months from purchase date. Exam must be taken online via remote invigilation
Official MoV manual
MoV Foundation