MoV® Foundation Exam

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MoV® Foundation Exam

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Summary

Management of Value® provides a systematic method to define what value means for organizations, and to communicate it clearly to maximize value across portfolios, programs, projects and operations. It reflects the organization’s strategic objectives on portfolio level and sets the agenda for the program that delivers these objectives which, in turn, define the projects undertaken to achieve the required outputs.

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Description

Target Group:

The MoV® Qualification is intended for:

  • Management and staff in an organization wishing to acquire an understanding of MoV®.
  • Those involved in directing, managing, supporting and delivering portfolios, programs and projects. This includes:
    • Senior Management
    • Program Managers
    • Project Managers
    • Change Managers
    • Project and Program Office staff and their sponsors

 

MoV Foundation Exam

MoV Foundation Online Exam

Context

Management of Value® Foundation is part of the Best Management Practice Portfolio and is the prerequisite for the Management of Value® Practitioner exam.

Prerequisites:

None.

MoV Foundation Exam Content:

  • The main processes and techniques used within Management of Value® and the reasons for using them.
  • How Management of Value® may be applied at portfolio, programme, project and operational levels.
  • The differences in applying Management of Value® at different stages in a project and the expected outputs from a MoV® Study at each stage.
  • The circumstances under which Management of Value® should be used.
  • The concept of value and how value may be improved.
  • The main benefits arising from the use of Management of Value®.
  • Approaches for implementing Management of Value®.
  • How to respond to external and internal influences.
  • The principles of embedding Management of Value® into an organization.
  • The key topics in document check lists, the toolbox, health check, organizational maturity and individual competence.

MoV Foundation Exam Details:

Exam duration:40 minutes
Number of questions:50
Pass mark:50% (25 out of 50)
Open book:No
Electronic devices permitted:No

 

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