Management of Portfolios (MoP)® Foundation Virtual

The Foundation level qualification measures understanding of the principles, cycles, practices, techniques, roles, responsibilities, documents and organizational context within which portfolio management operates. Specifically by the end of the course you should 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

MoP helps organisations to answer a 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. MoP achieves this by ensuring that:

• The programmes and projects undertaken are prioritised in terms of their contribution to the organisation’s strategic objectives and overall level of risk
• Programmes and projects are managed consistently to ensure efficient and effective delivery
• Benefits realisation is maximised to provide the greatest return (in terms of strategic contribution and efficiency savings) from the investment made.

Official definitions

A portfolio is the totality of an organisation’s investment (or segment thereof) in the changes required to achieve its strategic objectives. Portfolio management is a coordinated collection of strategic processes and decisions that together enable the most effective balance of organisational change and ‘business as usual’.

This is an intensive three-day virtual course, that includes the following:

• All accompanying course material (digital)
• Online pre-course
• The official MoP manual (digital)
• The cost of the MoP Foundation examination (valid for 12 months from purchase date. Exam must be taken online via remote proctor)

Optional extras:

• The official MoP manual (hardcopy)
• Take2 exam insurance – A cost effective solution, providing insurance and peace of mind if things don’t go to plan with your first exam attempt. For more information and terms and conditions click here

Materials

Digital ILX course materials: These will be accessible via the ILX portal. Full instructions with a link to the portal will be issued within 48 hours of your confirmed booking.The course materials will be provided in a PDF format and available for download. You will need to download and save the materials to your device, so that you can annotate them during the training course.

Digital official manual: You will be sent an email invitation approximately two working days prior to course commencement to register on the Peoplecert portal. Once registered you will be able to access the digital version of your manual. Please note: There is a 5-year limitation in accessing your eBook.

Hardcopy official manual: If you decide to purchase the hardcopy official manual as an optional extra your manual will be shipped to your chosen address within 48 hours of purchase.

Exams are taken online via remote proctor. You will be sent an email invitation approximately two working days prior to course commencement to register on the Peoplecert portal. Once registered you will be able to book your online exam at a date and time of your choice. You are responsible for booking your own exam. For more information about how to take your exam and the technical requirements, please click here. 

Recertification: This certification has a renew within three years of the award date to remain current. There are multiple ways to recertify, more information regarding the options can be found here.

Exam format

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

This qualification is aimed at those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realization.  It is relevant to all those involved in the selection and delivery of business change initiatives including:

• Members of Management Boards and Directors of Change
• Senior Responsible Owners (SROs)
• Portfolio, programme, project, business change and benefits managers;
• Business case writers
• Project appraisers

Pre-course

There is mandatory online pre-course work that must be completed prior to attending this course. You will be sent full instructions with a link to the online pre-course within 48 hours of your confirmed booking.

In addition, you will also be required to complete some evening work during the virtual classroom event.