MoP® (Management of Portfolios) provides an overview of portfolio management, including the principles, techniques and practices alongside an organisation’s ‘business as usual' work. MoP helps organisations evaluate whether an investment is right for them and how it will contribute to their strategic objectives.
With portfolio management organisations can make decisions about implementing the right changes to business as usual via projects and programmes. Portfolio management approaches the management of change projects and programmes from a strategic viewpoint and is not concerned with the detailed management of these projects and programmes.
The MoP guidance provides senior executives and practitioners responsible for planning and implementing change, a set of principles, techniques and practices to introduce or re-energise portfolio management.
MoP Practitioner is suitable for professionals involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realisation. The certification is also valuable to those involved in the selection and delivery of business change initiatives, including members of management boards and directors of change, SROs, portfolio, programme, project, business change and benefits managers, as well as business case writers and project appraisers.
By the end of the course, you will be able to:
- Organise and contribute constructively to Management of Portfolios (MoP) initiatives
- Demonstrate knowledge of MoP principles, cycles and practices, in an organisational setting
- Assist the portfolio director to champion the implementation of portfolio management, contribute to the portfolio definition and delivery cycles and production of the portfolio strategy and delivery plan.
- Support the portfolio investment /change delivery committees
- Support the portfolio investment / change delivery committees
- Sit the MoP Foundation and Practitioner examinations
MoP is structured around five flexible principles within which the two cycles and the 12 portfolio management practices exist. The course will cover:
- Introduction: what is MoP and why it is needed
- MoP and its place in the Cabinet Office best practice
- Principles underpinning MoP
- Definition and delivery cycles and practices to be applied when using MoP
- Governance approach and roles to consider when implementing MoP
- Organisational energy as a key factor influencing and maintaining the value of MoP
- Best practice ideas for the application of MoP in project and programme management environments
- Keys to success when assessing and integrating MoP in the organisation
- Preparation for the Foundation and Practitioner examinations