MoV® Practitioner

Elevate Business values by implementing MoV® methodology

ABOUT THE PROGRAM

The MoV® Practitioner course provides the essential knowledge to the delegates to make optimum utilisation of available resources and increase the benefits arising from project, program and portfolio levels in the operational environment. The course equips the delegates with the fundamental knowledge required to implement MoV® principles and processes and maximise the return on investment and contribute to an improvement in decision making and policy making. The MoV® Practitioner qualification verifies the abilities and knowledge of the delegates to implement and tailor MoV® in a task-based scenario situation. During the two-day course, the delegates will learn the MoV® processes, MoV® principles, MoV® techniques and embedding MoV® within an organisation.

  • Organise and contribute positively to MoV® studies

  • Gain the MoV® certifications and enhance the career opportunities

  • Supplement current management practices to maximise the value and improved service delivery

  • Evaluate the project and program of the organisation and establish its organisational value

  • Promote sustainable decision-making and consider monetary and non-monetary factors

  • Courses delivered by certified and well experienced MoV® Instructors

  • MSP Training offers flexible mode of training at an affordable price

WHAT'S INCLUDED ?

Find out what's included in the training programme.

Includes

Tutor Support

A dedicated tutor will be at your disposal throughout the training to guide you through any issues.

Includes

Certificate

Delegates will get certification of completion at the end of the course.

PREREQUISITES

The delegates must have completed and passed the MoV® Foundation course and exam before attending the MoV® Practitioner course. A proof of same must be presented on the day of the Practitioner exam to the instructor.

TARGET AUDIENCE

The course is designed for those delegates who have completed the Foundation qualification and who want to gain more knowledge and enhance their skills and capability to implement and tailor the MoV® methods and principles.

  • Operational staff and Managers who want to implement MoV® and its techniques and processes.
  • Delegates who are responsible for managing, supporting and delivering project, program or portfolio in the operational environment can also take the course. These include:
    • Project Managers
    • Program Managers
    • Operational Managers
    • Corporate Managers

WHAT WILL YOU LEARN?

  • Describe the Organisation’s objectives and value priorities
  • Learn how MoV® can be applied within an operational environment
  • Understand MoV® principles, processes, approach and environment
  • Tailor and implement MoV® within an organisation
  • Describe the concept of value and how value can be improved
  • Know the key benefits arising from the implementation of MoV®
  • Learn how to respond internal and external factors
  • Enhance the value by optimum utilisation available resources
  • Promote sustainable decision-making depends upon adding value by addressing both monetary and non-monetary parameters
  • Able to accomplish transformational change rapidly and efficiently
  • Fulfill the growing needs with available resources without compromising on quality
  • Describe the key topics in individual competence, the toolbox, organisational maturity, document checklists and health check
  • Learn how to tailor MoV® to particular projects
  • Prioritize value drivers using Function Analysis

Enquire Program

Fill in the form below & we'd get back to you.

PROGRAM OVERVIEW

Value management provides an efficient structure and methodology that helps the individuals or organisations in achieving and enhancing business value and ensure an excellent quality of delivery. The MoV® Practitioner course provides advanced level certification and enables the delegates to increase the values across project, program, portfolios and operations. The courses introduce delegates to the MoV®  processes, principles and techniques and how MoV® activities should be applied for the whole project or program lifecycle.  The value management is complementary to project management and focused on elevating business value in line with objectives of the project. The Practitioner course builds on the knowledge gained at the Foundation level and enables the delegates to tailor and embed MoV® in the real scenarios within an organisation.

Vital MoV® Practitioner Exam Information

The delegates must pass the exam and achieve 50% to clear the Practitioner exam to gain the MoV® Practitioner certification. The exam checks the capabilities of delegates to carry out the specific tasks related to value management. The exam includes:

  • Objective based testing/Multiple choice questions
  • Eight questions having ten marks each
  • Total 80 marks, all questions are worth one mark
  • Open book exam
  • Duration: 2.5 hours

                                                                   


PROGRAM CONTENT

An Introduction to MoV®

  • Define value?
  • What is MoV®
  • The requirement of MoV®
  • Requirement in the Cabinet Office Best Practice Guidance
  • Understand its relationship to other management methods

MoV® Principles

  • Adjustment with goals of an organisation
  • Emphasis on functions and compulsory outputs
  • Balance the variables to maximise the value
  • Execute throughout the investment decision
  • Tailor to suit the subject
  • Learn from experience and strategies to improve performance
  • Assign clear roles and responsibilities and build a supportive culture

MoV® Environment

  • Classify internal and external factors affecting policies and procedures of MoV®
  • Understand project, program, portfolio and operational environment

MoV® Method and Execution

  • Describe general process around which a study can be organised
  • Explain the relationships between the MoV® leader and the team

MoV® Embedding

  • Brief the process of Embedding
  • Key steps involved in embedding MoV®
  • Describe the key benefits of embedding MoV®
  • Requirement for allocating role and responsibilities while using MoV®
  • Explain strategies to overcome barriers while implementation

MoV® Processes

  • Design a program or project
  • Collect the relevant Information
  • Analyse Information
  • Process Information
  • Evaluation and Selection Process
  • Develop value improving proposals
  • Implement and communicate outcomes

MoV® Techniques

  • Understand new techniques and strategies used in MoV®
  • Information Gathering
    • Describe Benchmarks
    • What is Process Mapping?
    • Define Root Cause Analysis
    • Explain Discounted Cash Flow Analysis
  • Constructing Ideas
    • Elaborate Brainstorming
  • Evaluation and Option selection
    • Describe Choice Selection Matrix
    • Idea selection
      • Determine Idea Selection Matrix
      • Allocation to Categories
    • Weighting Techniques
      • What is Paired Comparisons?
      • What is Points Distribution?
    • Creating VIPs
      • Generating Suggestions
      • Understand Cost-Benefit Analysis
      • Building Decisions
    • Implementing VIPs
      • Implementing Plans
      • Gathering Feedback
    • Follow-up
      • Monitoring Benefits
    • Function Analysis
      • Define Function Analysis System Technique (FAST)
      • Customer FAST
      • Technical FAST
      • Traditional FAST
    • Understand Value Trees
    • Measuring value
      • Describe Value profiling (value benchmarking)
      • Define Simple multi-attribute rating technique (SMART)
      • What is Value metrics?
      • What is Value index?
      • Describe Value for money ratio
      • Understand Value Engineering / Analysis

Implementing MoV®

  • Develop activities of MoV®
  • Respond to Internal and External Factors
  • Evaluate Project, Program and Portfolio considerations
  • Understand Operational considerations
  • Embedding MoV® into an organisation

MoV® Practitioner Enquiry

 

Enquire Now


----- OR -------

Reach us at 0121 368 7851 or info@msptraining.com for more information.

ABOUT Cirencester

Cirencester is the most prominent town in the Cotswold region situated 93 miles west-northwest of London. It is located on the tributary of the Thames River which is known as River Churn. It is also known as a market town in east Gloucestershire with a population of around 19000 according to 2011 census. The town is situated on the lower dip slopes of the outcrop of oolitic limestone, commonly known as Cotswold Hills. The town is divided into five major areas such as the suburbs of Chesterton, Watermoor, the town centre, Stratton and the Beeches.  

The Corinium Museum of the town is highly recognised for its important Roman collection. In 1840, the oldest agricultural college ‘Royal Agricultural University’ of the English speaking world is built in the city.  The Itzehoe town of the Germany is considered as a twin town of Cirencester. The twin town concept was introduced in 1947 after the Second World War to foster peace and reconciliation and promote trade and tourism. The early citation of the town was made by the Greco-Roman astrologer, mathematician and geographer Ptolemy in AD 150. The earlier name of the town was Corinium in the Roman times depicting its association with the ancient British tribe of the Dobunni. It has been suggested that the Dobunni has the same root word as the Churn River.

History

The early settlement of the town was formed in the early Roman area along with Colchester and St Albans. The fort was built by the Romans in AD 49 to accommodate two military allies supported to shield the provincial frontier. The fort was built at the place where the Roman road Fosse Way crossed the Churn and native Iron Age tribes ‘Dobunni’ were drawn from Bagendon and formed civil settlement near the fort. The evidence of major area roadwork was also found in the town. After the invasion of Wales, the tribe moved to the north and subsequently, the fort was closed. The public place outdoors ‘Forum’ and Christian church ‘Basilica’ were built over the site of the fort.

The town continued to grow and prospered under the Corinium Dobunnorum name. The robust wool trade and industry played a significant role towards the development of Corinium in the Roman times. The various Roman remains were found in the surrounding area including the large number of Roman villas near the villages of Withington and Chedworth. The town was also considered as the second largest city by area in the Great Britain after the wall constructed around the Roman city and covered 240 acres area.

The ancient market town in the Cotswold Hills of England known as the Roman Amphitheatre lies on the south-west of the town and still exists in the town and partially excavated. After the dissolution of the Monasteries, all the abbey buildings were demolished in 1539 and only Norman Arch and remains of the precinct wall were survived above ground. These further established the perimeter of a public park in the centre of the town. The townsmen of the Cirencester gained wealth and prosperity from the national and international wool sales, woollen broadcloth and sheep rearing businesses.

The town was severally affected by the English Civil War in the 16th century resulted in the death of 300 people and 1200 prisoners were caged in the church. The town became a robust market town and major urban centre with its convenient access to markets for production of wool and grain at the end of the 18th century. The town provides various leisure, retail and sports facilities as well as significant tourist trade for the townsfolk and the surrounding area. The important places to visit in the town are Corinium Museum, Cirencester Park, Cirencester Amphitheatre, Cerney House Gardens and much more exciting locations.