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PRINCE2® Portfolio Management Foundation (formerly MoP)
- Categories:
- Project and Programme Management
- Level:
- Fundamentals
- Code:
- PBPMOPF
- Exam:
- Yes - Included
Overview
PRINCE2 Portfolio Management (formerly MoP) provides advice and examples of how to apply principles, practices, and techniques that together enable the most effective balance of organisational change and business as usual.
Delivered by fully accredited trainers and industry leading experts with extensive experience of portfolio management, the course engages with the students to ensure that theory is embedded and delegates feel confident in the practical application of PRINCE2 Portfolio Management.
Prerequisites
Whilst there are no mandatory prerequisites for this course, a working knowledge of basic projects and programme practices, including familiarity with common terminology, governance structures and delivery approaches would be highly beneficial.
Target Audience
The 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 realisation.
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 and project appraisers.
What's included
Select your preferred way to learn:
What is Classroom?
Hands-on, instructor-led training delivered in a QA learning centre
In-person training in a dedicated QA learning centre. Learners benefit from expert-led sessions, collaborative activities, and structured, hands-on workshops in a distraction-free environment. If you can’t attend in person, many classroom courses are also available to attend remotely.
Classroom sessions can be arranged on request. Please contact your account manager to discuss availability in your region
Best for: Individuals and teams who benefit from deep focus, direct interaction, and practical, hands-on learning.
What's included?
3 Days instructor led course
Exam included
6 month free access to QA learning platform
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What is bespoke training?
Custom instructor-led training designed by QA to fit your needs
Tailored programmes built around your organisation’s goals, challenges, and skill levels. Delivered in the format that suits you to maximise relevance and impact.
Best for: Organisations and teams looking to target specific business priorities and capabilities with QA subject matter expertise.
Find out more about the course:
Learning outcomes
The objective of the course is to enable a delegate to understand the PRINCE2 Portfolio Management principles, cycles, practices, techniques, roles and documentation. This will enable them to work as an informed member of a Portfolio Office or in a range of Portfolio Management roles.
Specifically, they will 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
Course outline
Module 1 Overview
- The definitions of portfolio and portfolio management
- The portfolio management model and the relationship between the principles, cycles, practices and relevant techniques
- The differences between portfolios and portfolio management on the one hand, and projects/project management and programmes/programme management on the other
- The local circumstances that will affect how the principles and practices will be adapted and how cost-effective approaches can be adopted
- The objectives and benefits of portfolio management
Module 2 Implement, sustain and measure
- The three broad approaches to implementing portfolio management; when each approach to implementation is most relevant, the advantages of planned approaches to implementation
- The benefits of assessing the impact of portfolio management
- Seven steps (and their benefits) in a staged implementation of portfolio management
- The factors to consider in sustaining progress
- Approaches to assessing portfolio management maturity
Module 3 Strategic and organizational context
The 6 key functions/activities that portfolio management needs to coordinate with to achieve strategic objectives
Identify how portfolio management can:
- Coordinate with Business-as-Usual, strategic planning, resource allocation and budgeting, project and programme management, performance management to deliver strategic objectives
- Support effective corporate governance
Module 4 Portfolio management principles
- The 5 principles upon which effective portfolio management is based
- Senior management commitment
- Governance alignment
- Strategy alignment
- Portfolio office
- Energised change culture
Module 5 Portfolio definition cycle
The portfolio definition practices:
- Understand
- Categorize
- Prioritize
- Balance
- Plan
Understand the terms and concepts relating to the portfolio definition cycle.
The techniques of:
- Three-point estimating and reference class forecasting
- Driver-based strategic contribution analysis
- Multi-criteria analysis
- Decision conferencing
- Clear line of sight
What is involved and the keys to success.
Module 6 Portfolio delivery cycle
The portfolio delivery practices:
- Management control
- Benefits management
- Financial management
- Risk management
- Stakeholder engagement
- Organizational governance
- Resource management
The techniques of:
- Management by exception
- One version of the truth
- Staged release of funding
- Clear line of sight reporting
- Champion-challenger model
What is involved, the main elements, and keys to success.
Module 7 Roles and documentation
- The purposes and responsibilities of the main portfolio management roles identified in PRINCE2 Portfolio Management
- The purposes of the main portfolio management documentation
Examination
PeopleCert exams take place remotely via PeopleCert Online Proctoring. You will be required to download and install ExamShield and conduct a compatibility test prior to sitting the exam. We strongly recommend you do not leave this until just before your exam time slot.
Exam slots are available 24/7 and learners need to be pre-book an exam time with the proctoring service. After purchase you will receive information on how to book your exams at a date and time convenient to you. Although your exam vouchers are valid for 12-months we strongly recommend you do not leave it too long after your course to sit them. If you wanted to schedule them for the same week as tuition, please note that foundation course instruction completes at around 4.30pm on final day of your course. Therefore, please ensure your exam is scheduled at least an hour after that time.
Once an exam slot is booked you can amend the date/time providing it’s within the voucher expiration date. Please note that if you change a booked exam slot within 48 hours of the time booked PeopleCert will charge an admin fee.
The PRINCE2 Portfolio Management Foundation exam consists of:
- 50 multiple choice questions
- 40 minutes
- Closed-book
- Candidates require a minimum of 25 correct answers (50%) to pass.
Exam Proof of Identification
PeopleCert require that candidates provide Photo ID with a valid signature e.g. driving license, passport or named work ID badges prior to sitting their exam. Failure to produce this ID will result in their exam results being withheld until proof of ID is provided. Please note that if proof is not provided within 40 days, candidate's exam results will be null and void and a re-sit would be required.
Reasonable Adjustments Policy
The exam provider allows additional time for candidates who have a disability or whose native language differs to that of the examination paper. Ful details and how to apply can be found here https://www.qa.com/legal-privacy/reasonable-adjustments-exam-guidance/ At least two weeks' notice will be required for processing this request. Delegates failing to advise QA and provide evidence when requested, may not be allowed the additional support offered via the policy. QA Exam Administration can be contacted by email exam.admin@qa.com or by phone +44(0)1793 696162.
MoP® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Good to know
Why choose QA
- Our learners have given us an average NPS score of 8.4 out of 10 for our project management training (Jan-Oct 2020)
- We are fully accredited by PeopleCert
PRINCE2® and the Swirl logo are registered trademarks of the PeopleCert group. Used under license from PeopleCert. All rights reserved.
QA is an approved training provider for ELCAS, proud to support service leavers in their transition into the tech industry. Learn more about Elcas approved training here.
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What our customers are saying
“QA’s training has greatly supported us to roll out and embed our emerging project management framework by giving our staff a clear and practical understanding of the expected project and programme management principles and disciplines.”
Ariel Wosner
Centre of Excellence for Project and Programme Management, British Council
"I participated in an IT Project Management Workshop, and I have to say it was by some way, the most well organised, best presented, engaging, informative and inspiring workshop or training course I have been on with QA. The trainer’s willingness to spend his time and share his experience and resources with me were second to none, and I truly feel better prepared going forward in my career."
James
QA learner
“Our trainer was astounding. Never put a foot wrong and had a thorough understanding of the subject matter. Excellent experience base, extremely patient, and very well developed delivery manner. He made the whole learning process very enjoyable!"
Ian
Prince2 Foundation and Practitioner
Portfolio Director
Jackie Hewett
Portfolio Director – Project and Programme Management
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