MoV quick guide

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MoV® Management of Value

The Swirl logoTM is a trade mark of AXELOS Limited. PMI® are registered marks of the Project Management Institute, Inc.



What is Value Management?

Management of Value (MoV®) has evolved from the tried and successful practice of value management across many sectors and over many years. The MoV guidance aligns the established methods with Cabinet Office Programme and Project Management guidance.

The guidance is intended to help organizations use a successful, proven methodology to supplement their current management practices, so that they can increase the value they deliver and make better use of resources.

The value management guide is aimed at all those involved in directing, managing, supporting and delivering portfolios, programmes and projects. MoV is all about maximizing value in line with the programme and project objectives and the key stakeholder requirements. It is not simply about minimizing costs.



What does MoV® Offer?Has seven principles of effective programme management which provide a framework for the behaviour of those managing programmes

Has six processes that form the programme lifecycle, taking the work from initial idea to successful business change and realisation of benefits

Has governance themes that control how a programme is run



Is a qualification Important?

MSP is internationally recognised “best practice” for managing programmes and is

clear evidence that you understand the structure, processes, roles and

responsibilities of effective programme management

The MSP qualification is required by recruiters as it is an important in helping

them differentiate between those who can project manage and those who really

understand how a programme is a different entity requiring different skills

Programme management is a logical step for experienced project managers who are

involved in delivering complex solutions where they find themselves responsible for more than one work stream, which needs a

different type of control to that offered within project management.

Programme management is also relevant for those managers who are responsible

for identifying what activities their organisation will commit to in the annual

business plan to realise the strategic objectives



Benefits of MSPO

rgan

isati

on • Align corporate strategy, delivery mechanisms for change and the business-as-usual environment.

• Continually monitor progress, assess performance and realize benefits.

• Apply a common framework of understanding for all programmes.

• Add value by focusing on benefits.

• Encourage feedback in order to refine future strategies based on evidence from programmes.

Seni

or M

anag

er • Create a vision and blueprint for transformational change

• Design the programme to deliver the blueprint

• Identify the right outcomes and benefits and plan for their delivery

• Deliver on time and on budget

• Break down initiatives into clearly defined projects and offer a framework for handling them

• Define responsibilities and lines of communication

• Involve interested stakeholders

• Manage risk and ensure the programme responds to change

• Audit and maintain quality.In

divi

dual

• Utilize best practice in programme management to successfully deliver transformational change.

• Carry out the coordinated organization, direction and implementation of a dossier of projects and transformation activities to achieve outcomes and realize benefits of strategic importance to the business.

• Manage the transition of the solutions developed and delivered by projects into the organization’s operations, whilst maintaining performance and effectiveness.

• Encourage realistic expectations of the organizational capacity and ability to change.

• Lead business transformation accommodating high levels of complexity, ambiguity and risk.



What will I learn on the course?

Understand how programme management contrasts with

project management, and the different skill set that is required

for effective programme management

Understand the structure, terminology and documents associated with programme

management

Clearly define roles and responsibilities of everyone involved in the programme

including project teams, change teams and those sponsoring the

programme and its projects

Identify the information needed to translate strategic objectives into

the programme vision, and how to further define this vision into a

detailed map of project deliverables and business changes

Identify the information needed to translate strategic objectives into the programme vision, and how to further define this vision

into a detailed map of project deliverables and business

changes

Understand how to delegate work to the project teams and engage senior management in

the championing of the programme



MSP Foundation Certification

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Foundation Level

· 50 Questions – Objective testing· Multiple choice format · 50% to pass · 40 minutes· Closed Book

Foundation Level ILT (Instructor Lead Training)• 3 day classroom course• Monday – Wednesday. Exam Wednesday afternoon• Run regularly in Lagos

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MSP Practitioner CertificationPractitioner level

· 8 questions per paper with 10 marks available per question – all question

items will be worth 1 mark, making the total number of marks available per

paper 80

· 2.5 hours allowed

· Open-book examination (only the MSP Manual is allowed)

8

Practitioner Level Instructor – Led Training• 2 day workshop• Thursday – Friday. Exam Friday afternoon• Run regularly in Lagos & Abuja

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What do people say about the course?

Tommy

“I went on the course several months after I had started my programme so I spent a

lot of time feeling frustrated about what I had missed out. I went back to work with a long list of things to do, and I am still using

my book now to get ideas for what we need to do next. Biggest learning point was the strategies as I hadn’t put many of these

‘rules’ into my programme brief.”

Chris

“I wasn’t sure if this was the right course for me because I wasn’t sure if I really had a programme, but by the time the trainer had finished the first day I knew what parts of my work were a programme and what to get rid of so I could concentrate on being the programme manager. I spent the next two weeks reorganising my work and I feel a lot more confident about what I am doing now.”

Debo

“Stakeholder Engagement meant nothing to me until my trainer showed me that even

groups and individuals outside the Programme can have a big effect on the programme and

that there is a need to consider how to communicate with them as well as the

programme team.”

Lanre

“I have been asked to support our project and programme teams, and this course really

helped me understand the terminology that they are all using. I definitely feel less excluded

in meetings now



Why choose HARRYBAKER Professionals?

Professionally trained trainers, who are part of

our HARRYBAKER Excellence Train the Trainer programme

Trainers who are experienced project

managers and who can advise you on how to apply MoV® to your

work situation,.

Excellent MoV® examination pass rates

consistently in both MoV® Foundation and

Practitioner qualifications

Regularly updated course materials and

sample papers to ensure our courses are as enjoyable, relevant

to the real world and up to date as possible

Accredited Training Organisation, assessed

by the APM Group every year to check for

quality processes, course materials and

trainers.



When you Train with HARRYBAKER

Before the Course

During the Course

After the Course

11

• Receive the MoV® original text book –“Management of Value”

• Access to https://www.harrybakerprofessionals.com which has lots of information to help you prepare for your course:

• On-line access to HARRYBAKER Professionals e-learning portal

• Pre-course work book with activities, questions and suggested pages to read and mark up in the official text book

• On-line access to a trainer for any questions that you have about MoV®

• Quizzes and sample examination papers to test your knowledge

• Course materials including models, games, puzzles, slides, activities and sample examination papers

• Experienced trainers who know how to manage risk and how to apply MoV® in the ‘real world’

• Activities to help you understand how to use MoV® and how to pass the examinations

• Use the HARRYBAKER Knowledge Centre to stay up to date



Background

• Accredited Trainer: - PRINCE2®, M_o_R, MSP, MoP, MoV, MoR, PPS, P3O, PMP & PMD Pro, ITIL, Facilitation, Better Business Case

• BSc and MBA from Cranfield

• Six Sigma Certified

Experience

• Murray International Group, UK

• BSkyB UK• Vodafone UK• Charteris UK• nPower• Chevron Texaco• Gateway Bank• UAC

Personal

• Married• 3 kids• Enjoy teaching

Meet Our Lead Trainer

12



Plot 5, 2nd Floor Chief Yesufu Abiodun Street,Victoria Island Lagos.Email: [email protected]: 0802 839 1360Website: www. harrybakerprofessionals.com

The Swirl logoTM is a trade mark of AXELOS Limited. PMI® are registered marks of the Project Management Institute, Inc.

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Date post:	10-Dec-2014
Category:	Career
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