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MoV® Foundation Course
What is MoV® Foundation Course?
Management of Value (MoV®) is a key methodology for enhancing value delivery and optimising resources in projects and organisations. In today’s dynamic environment, understanding MoV® is essential for tackling both strategic and operational goals effectively. The MoV® Foundation Course equips learners with the skills to apply MoV® principles, enabling them to make value-driven decisions in their work.
MoV® knowledge is beneficial for professionals in roles such as Project Managers, Business Analysts, and decision-makers. It empowers them to improve value realisation, manage risks, and allocate resources effectively, ensuring project success and supporting organisational growth.
This 2-day MoV® Foundation Course by Oakwood International introduces learners to fundamental MoV® concepts and practices. It provides practical insights into identifying, analysing, and maximising value while addressing risk management. Learners will develop a solid understanding of how to apply MoV® in various contexts, contributing to greater organisational value and outcomes.
Course Objectives
Understand the core concepts and principles of the MoV® methodology
Recognise the importance of value management in projects and organisations
Learn to assess and prioritise value throughout the project lifecycle
Apply MoV® techniques to minimise risks and maximise benefits
Develop the skills to incorporate MoV® principles into project planning and execution
Promote a value-focused approach within teams to support better decision-making
Upon completing the MoV® Foundation Course, learners are encouraged to pursue MoV® Certification, validating their competence and understanding of the MoV® methodology.
Course Outline
MoV® Foundation Course
Module 1: Introduction to MoV®
Overview
Relationship with Other Best Management Practice Products
How MoV® Fits with Other Best Practice Guides?
What is Value?
What is MoV®?
Why Use MoV®?
Where can MoV® be Used?
When should it be Used?
What Does it Involve?
Module 2: MoV® Principles
Align with Organisation’s Objectives
Focus on Functions and Required Outcomes
Balance the Variables to Maximise Value
Apply Throughout the Investment Decision
Tailor to Suit the Subject
Learn from Experience and Improve Performance
Assign Clear Roles and Responsibilities and Build a Supportive Culture
Module 3: MoV® Processes
Frame the Programme or Project
Gather Information
Analyse Information
Process Information
Evaluate and Select
Develop Value Improving Proposals
Implement and Share Outputs
Module 4: MoV® Techniques
Techniques Unique to MoV®
Function Analysis System Technique (FAST)
A Customer FAST Diagram
Value Trees
Exercise in Function Analysis
Blank Form for Undertaking Function Analysis on a Project
Example of Completed Function Analysis on a Project
A Value Profile for a Hospital
Value Index for the Same Hospital
Demonstrating Value for Money
Function Cost Analysis
Value Engineering
Techniques Commonly Used in MoV®
Module 5: Approach to Implementation
Generic MoV® Study Plan
Integrated Programme and Project Plans
Programme or Project Organisation
MoV® at Key Project Stages
Approach to Implementation
Value Cascade
Module 6: Syllabus Area Environment and Embedding
Environment: Responding to External and Internal Influences
Project Considerations
Operational Considerations
Syllabus Area Appendices A-D
Embedding MoV® into an Organisation
Benefits of Embedding
Embedding MoV® into an Organisation – Key Steps
Suggested MoV® Management Structure
Overcoming Barriers
International Standards in Value Management
Executive Guide to Value Management
MoV® is a registered trademark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
The Swirl logo™ is a trademark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Included
Included
- No course includes are available.
Offered In This Course:
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Video Content
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eLearning Materials
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Study Resources
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Completion Certificate
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Tutor Support
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Interactive Quizzes
Individual Training
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Corporate Training
Corporate Training improves employee skills, increases productivity, and aligns teams with company objectives.
Learning Options
Discover a range of flexible learning options designed to meet your needs. Select the format that best supports your personal growth and goals.
Online Instructor-Led Training
- Live virtual classes led by experienced trainers, offering real-time interaction and guidance for optimal learning outcomes.
Online Self-Paced Training
- Flexible learning at your own pace, with access to comprehensive course materials and resources available anytime, anywhere.
Build your future with Oakwood International
We empower you with the skills, knowledge, and confidence to excel in your career. Join us and take the first step towards realising your professional goals.
Frequently Asked Questions
Q. What is the MoV® Foundation Course?
The MoV® Foundation Course introduces the
core principles and methodologies of value management. It equips professionals
with the foundational skills to enhance value delivery, optimise resources, and
address risks effectively in organisational and project contexts.
Q. Who should attend this course?
This course is ideal for Project Managers,
Business Analysts, and anyone seeking to build a strong foundation in value
management to improve decision-making and resource optimisation.
Q. How will this course help my career?
The course strengthens your ability to apply
value-focused strategies, improve resource allocation, and support better
decision-making, making you a valuable asset to any organisation.
Q. What skills are covered in the course?
You’ll learn fundamental concepts of value
management, techniques for identifying and maximising value, risk assessment,
and how to integrate MoV® principles into project planning and execution.
Q. What certification will I receive?
Upon completing the course, you’ll be
eligible for the MoV® Foundation Certification. Achieving this certification
demonstrates your understanding of value management principles and boosts your
career prospects.
