The MoP® (Management of Portfolios) guidance provides senior executives and practitioners responsible for planning and implementing change. [+]
The MoP® (Management of Portfolios) guidance provides senior executives and practitioners responsible for planning and implementing change, with a set of principles, techniques and practices to introduce or re-energize portfolio management. MoP helps organizations answer the fundamental question:
Are we sure this investment is right for us and how will it contribute to our strategic objectives?
Investment is the key word because portfolio management is about investing in the right change initiatives and implementing them correctly.
Are we doing these things right?
Are we realizing all the benefits in terms of more effective services and efficiency savings from the changes we are implementing?
The purpose of the Foundation certification is to confirm you have sufficient knowledge and understanding to work as an informed member of a Portfolio Office or in a range of portfolio management roles. The Foundation level is also a pre-requisite for the Practitioner
At the end of this course, you will be able to understand the principles, cycles, practices, techniques, roles, responsibilities, documents and organizational context within which portfolio management operates. Specifically to know and understand the:
scope and objectives of portfolio management and how it differs from programme and project management
benefits from applying portfolio management
context within which it operates principles upon which successful portfolio management is based
approaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio management
purposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practice
purpose and key content of the major portfolio documents
scope of key portfolio management roles.
The Portfolio Management Model(Cost effectiveness, Objectives and Benefits)Implement(Sustain and Measure, Seven steps to implementation, Key factors in sustaining progress, Maturity assessments, Performance metrics)Strategic and organizational context(Business as Usual (BAU), Strategic Planning, Budgeting and resource allocation, Programme and Project management, Performance Management, Corporate Governance)Portfolio management Principles(Senior Management Commitment, Governance Alignment, Strategy Alignment, Portfolio Office, Energized change culture)The Portfolio definition practices(Understand, Categorize, Prioritize, Balance, Plan) The Portfolio delivery practice(Management Control, Benefits Management, Financial Management, Risk Management, Stakeholder Management, Organizational Governance, Resource Management)Roles and Documentation(Portfolio Group and Investment committee, Portfolio Progress group and, Change Delivery committee, Business Change Director and Portfolio Director, Portfolio Manager, Portfolio Benefits Manager, Portfolio Management Framework, Portfolio Strategy,Portfolio Delivery Plan, Portfolio Benefits, Management Framework, Portfolio Benefits Realization Plan, Portfolio Financial Plan , Portfolio Resource Schedule, Portfolio stakeholder engagement and communication plan, Portfolio dashboard)