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Management of Value (MoV) Practitioner: In-House Training

Management of Value (MoV) Practitioner: In-House Training

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • Delivered Online or In-Person

  • Delivered at your location

  • UK Wide

  • Full day

  • All levels

Description

Management of Value (MoV®) Practitioner: In-House Training

This interactive MoV® Practitioner course provides a modular and case-study-driven approach to learning Management of Value (MoV). The core knowledge is structured and comprehensive; and well-rounded modules cover the methodology and various techniques. A case study is used to help appreciate the relevance of MoV in its practical application.

What you will Learn

The MoV Practitioner Course prepares you for the MoV Practitioner exam.

Individuals certified at the MoV Practitioner level will be able to:

  • Apply Management of Value (MoV) principles, processes and techniques, and advocate the benefits of this application appropriately to the senior Management.

  • Develop a plan of MoV activities for the whole lifecycle of small and large projects and programs.

  • Plan an MoV study, tailoring it to particular projects or programs and developing practical study or workshop handbooks as required.

  • Understand and articulate value in relation to organizational objectives.

  • Prioritize value drivers using function analysis and use these to demonstrate how value might be improved.

  • Quantify monetary and non-monetary value using the Value Index, Value Metrics and the Value for Money ratio.

  • Describe and comment on the application of various techniques relevant to MoV.

  • Monitor improvements in value realized throughout a project lifecycle and capture learning which can be transferred to future projects.

  • Offer suggestions and guidance about embedding MoV into an organization, including policy issues, undertake a health check, assess maturity and competence, and provide guidance on typical roles and responsibilities.

  • Understand and articulate the use of MoV within other Best Management Practice methods and its contributions to them

Benefits of Taking This Course

Upon successful completion of this course, you will be able to:

  • Organise and contribute constructively to a Management of Value (MoV) Study

  • Demonstrate a knowledge of MoV principles, processes, approach, and environment

  • Analyse a company, programme or project to establish its organisational value includes identification and weighting of Value Drivers

  • Pass the AXELOS Practitioner Examination

  • Function Analysis

  • Customer FAST Diagram

  • Value Tree Development

  • Weighting Attributes

  • Paired Comparisons

  • Developing a Value Profile

  • Developing a Value Index

  • Value for Money Ratio

  • Stimulating Innovation

  • Value Engineering

  • Option Evaluation and Selection

  • Evaluation Matrix

  • Value and Value for Money

  • Timing and Planning

  • Teams and Stakeholders

  • MoV in the Organization

  • Integrating with Best Management Practice

  • Relationship between Process and Approach

About The Provider

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