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Course Information

MoV® Foundation & Practitioner Course Outline

This MoV® Foundation and Practitioner training course covers areas from both the MoV® Foundation syllabus and the MoV® Practitioner syllabus:

Module 1: Introduction to MoV®

  • Overview
  • Relationship with Other Best Management Practice Products
  • How MoV® Fits with Other Best Practice Guides?
  • What is Value?
  • What is MoV®?
  • Why Use MoV®?
  • Where can MoV® be Used?
  • When Should it be Used?
  • What Does it Involve?

Module 2: MoV® Principles

  • Align with Organisation’s Objectives
  • Focus on Functions and Required Outcomes
  • Balance the Variables to Maximise Value
  • Apply Throughout the Investment Decision
  • Tailor to Suit the Subject
  • Learn from Experience and Improve Performance
  • Assign Clear Roles and Responsibilities and Build a Supportive Culture

Module 3: MoV® Processes

  • Frame the Programme or Project
  • Gather Information
  • Analyse Information
  • Process Information
  • Evaluate and Select
  • Develop Value Improving Proposals
  • Implement and Share Outputs

Module 4: MoV® Techniques

  • Techniques Unique to MoV®
  • Function Analysis System Technique (FAST)
  • A Customer FAST Diagram
  • Value Trees
  • Exercise in Function Analysis
  • Blank Form for Undertaking Function Analysis on a Project
  • Example of Completed Function Analysis on a Project
  • A Value Profile for a Hospital
  • Value Index for the Same Hospital
  • Demonstrating Value for Money
  • Function Cost Analysis
  • Value Engineering
  • Techniques Commonly Used in MoV®

Module 5: Approach to Implementation

  • Generic MoV® Study Plan
  • Integrated Programme and Project Plans
  • Programme or Project Organisation
  • MoV® at Key Project Stages
  • Approach to Implementation
  • Value Cascade

Module 6: Syllabus Area Environment and Embedding

  • Environment: Responding to External and Internal Influences
  • Project Considerations
  • Operational Considerations
  • Syllabus Area Appendices A-D
  • Embedding MoV® into an Organisation
  • Benefits of Embedding
  • Embedding MoV® into an Organisation – Key Steps
  • Suggested MoV® Management Structure
  • Overcoming Barriers
  • International Standards in Value Management
  • Executive Guide to Value Management

Module 7: Exercises

  • Function Analysis
  • Develop a Value Tree
  • Weighting Attributes
  • Develop a Value Profile
  • Develop a Value Index
  • Value for Money Ratio
  • Value Engineering
  • Option Evaluation and Selection

Module 8: Group Discussion

  • Stimulating Innovation
  • Value and Value for Money
  • Timing and Planning
  • Setting Up and Delivering a MoV® Study
  • Teams and Stakeholders
  • MoV® in the Organisation
  • Integrating with Best Management Practice
  • Structure of Guide

Further Training for Study Leaders

 

MoV® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Who should attend this MoV® Foundation & Practitioner Training Course?

The MoV® Foundation and Practitioner Courses can be a valuable addition for individuals familiar with Project Management and Programme Management approaches. This training can also offer advantages to those engaged in project or Programme oversight, execution, or support roles.

Additionally, the MoV® Foundation and Practitioner Training targets three distinct categories of professionals:

  • Business Analysts
  • Financial Analysts
  • Risk Managers
  • Project Managers
  • Programme Managers
  • Portfolio Managers
  • Strategic Planners

It's noteworthy that having MoV® already implemented within your business is not a prerequisite for participating in this training course.

Prerequisites of the MoV® Foundation and Practitioner Training Course

The MoV® Foundation and Practitioner Course is open to all participants without specific prerequisites. However, having some experience in Project or Programme Management could prove beneficial.

MoV® Foundation & Practitioner Course Overview

Management of Value (MoV®) Foundation and Practitioner is a combined training course which allows delegates to attain both certification levels together in one training package. Delegates will enhance their knowledge of the MoV® guidance and learn ways to maximise value within the constraints of project/programme goals. The MoV® Foundation and Practitioner examinations are both included.

The first two days will focus on the MoV® Foundation section. The Foundation training outlines the main elements of MoV®, such as its principles, guidance, and language. At the Foundation levels, delegates learn how they can apply MoV® training to their role, such as acting as MoV® project team members, and providing support to the managers regarding decisions about the growth of value.

Further to this, the final 2 days will cover the Practitioner content. MoV® Practitioner builds on what delegates learn at the Foundation level by providing guidance on how to apply MoV® to real work scenarios.

Overall, delegates will acquire knowledge of the MoV® guidance that focuses on boosting value whilst maintaining business goals. Teaching methods include the use of accelerated techniques, to deliver course content quickly and effectively, whilst case studies are used to ensure delegates can implement MoV® operations to real situations.

 

MoV® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

 

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What's included in this MoV® Foundation and Practitioner Training Course?

  • MoV® Foundation Examination
  • MoV® Practitioner Examination
  • World-Class Training Sessions from Experienced Instructors
  • MoV® Foundation Certificate
  • MoV® Practitioner Certificate
  • Digital Delegate Pack

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MoV® Foundation Exam Information

The MoV® Foundation Exam evaluates knowledge of the MoV® methodology, aiming to enhance value and optimise decision-making in organisations by maximising value while minimising waste and risks. The exam format is as follows: 

  • Question Type: Multiple Choice 
  • Total Questions: 50 (each question is worth 1 mark) 
  • Total Marks: 50 Marks  
  • Pass Marks: 50%, or 25/50 Marks 
  • Duration: 40 Minutes 
  • Open Book/Closed Book: Closed Book

MoV® Practitioner Exam Information

The MoV® Practitioner Exam assesses a candidate's ability to apply and tailor the MoV® methodology in practical scenarios. The exam format is as follows:

  • Question Type: Objective Questions 
  • Total Questions: 8 (each question is worth 10 marks) 
  • Total Marks: 80 Marks 
  • Pass Marks: 50%, or 40/80 Marks 
  • Duration: 150 Minutes 
  • Open Book/Closed Book: Open Book

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Why choose us

Ways to take this course

Our easy to use Virtual platform allows you to sit the course from home with a live instructor. You will follow the same schedule as the classroom course, and will be able to interact with the trainer and other delegates.

Our fully interactive online training platform is compatible across all devices and can be accessed from anywhere, at any time. All our online courses come with a standard 90 days access that can be extended upon request. Our expert trainers are constantly on hand to help you with any questions which may arise.

This is our most popular style of learning. We run courses in 1200 locations, across 200 countries in one of our hand-picked training venues, providing the all important ‘human touch’ which may be missed in other learning styles.

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Highly experienced trainers

All our trainers are highly qualified, have 10+ years of real-world experience and will provide you with an engaging learning experience.

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

We limit our class sizes to promote better discussion and ensuring everyone has a personalized experience

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Great value for money

Get more bang for your buck! If you find your chosen course cheaper elsewhere, we’ll match it!

This is the same great training as our classroom learning but carried out at your own business premises. This is the perfect option for larger scale training requirements and means less time away from the office.

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Tailored learning experience

Our courses can be adapted to meet your individual project or business requirements regardless of scope.

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

This gives your team a great opportunity to come together, bond, and discuss, which you may not get in a standard classroom setting.

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Monitor employees progress

Keep track of your employees’ progression and performance in your own workspace.

What our customers are saying

MoV® Foundation & Practitioner FAQs

MoV® is a flexible methodology that concentrates on boosting value through the utilisation of resources.
Yes, this training course is accredited by PeopleCert on behalf of AXELOS.
All MoV® Foundation and Practitioner instructors are fully accredited and have over 10 years of experience in the field.
Yes, the MoV® Foundation and Practitioner exams are both included.
The price for MoV® Foundation & Practitioner certification in the United Kingdom starts from £3295
The Knowledge Academy is the Leading global training provider for MoV® Foundation & Practitioner.
Please see our MoV® Training courses available in the United Kingdom

Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Trusted & Approved

Our MoV® courses are fully accredited by AXELOS

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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