MoV Certifications - Value Management

Purpose of the Foundation Certification

The purpose of the foundation level certification is to confirm that a candidate has sufficient knowledge and understanding of the MoV guidance to:

• Enable participants to contribute effectively to MoV activities led by others
• Enable participants to understand and explain MoV to others
• Pre-qualify candidates for the MoV Practitioner Exam or for other training and qualification systems in Value Management.

Target Audience

Common understanding of this will help to ensure appropriate syllabus topics are identified for the certification.

The MoV certification is intended for three groups of people:

• Management and staff in an organization wishing to acquire an understanding of MoV, whether MoV is embedded in their organization or not.
• The PPM community, for whom the guide is aimed at those involved in directing, managing, supporting and delivering portfolios, programmes and projects. This includes Senior Management, Programme Managers, Project Managers, Change Managers and Project and Programme Office staff and their sponsors.
• Those who apply the methods in other PPM guides to build on and enhance the activities to maximise value and delivery of benefits.

Examination Format

• Multiple choice examination questions
• 50 questions per paper
• 25 marks required to pass (out of 50 available) - 50%
• 40 minutes’ duration
• Closed book.

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Purpose of the Practitioner Certification

The purpose of the Practitioner certification is to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor MoV in a scenario situation. A successful Practitioner should, with suitable direction and facilitation skills, be able to start applying the method to real situations but may not be sufficiently skilled or experienced to do this appropriately in all situations. The experience of the individual, the level of support available and the complexity of the situation to which MoV is to be applied will be factors that impact what the Practitioner can achieve.

Target Audience

The MoV Practitioner certification is intended for three groups of people:

• Management and staff in an organization wishing to use MoV and whether MoV is embedded in their organization or not.
• The PPM community, for whom the guide is aimed at those involved in directing, managing, supporting and delivering portfolios, programmes and projects. This includes Senior Management, Programme Managers, Project Managers, Change Managers and Project and Programme Office staff and their sponsors.
• Those who apply the methods in other PPM guides to build on and enhance the activities to maximise value and delivery of benefits.

Examination Format

• Objective testing format
• Eight questions per paper with 10 marks available per question - all question items will be worth one mark, making the total number of marks available per paper 80
• Two and a half hours’ duration
• 40 marks required (out of 80 available) to pass - 50%
• Open book exam (MoV guide only).

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