What is MoV® Foundation & Practitioner Course?

Management of Value (MoV®) is a vital methodology for maximising value delivery and optimising project resources. In today’s landscape, MoV® knowledge is essential for addressing both strategic and operational objectives effectively. This subject enables learners to apply MoV® principles and practices directly to their work, equipping them with the skills needed to make value-focused decisions.

MoV® expertise is valuable across roles such as Project Managers, Business Analysts, and Strategic Planners. Mastery of MoV® empowers professionals to enhance value realisation, manage risks, and allocate resources efficiently, driving project success and fostering organisational growth.

This 4-day MoV® Foundation & Practitioner Course by Oakwood International provides learners with practical insights into MoV® methodologies, offering techniques to identify and maximise value while addressing key aspects such as risk management. Learners will gain a deeper understanding of how to apply these practices to real-world scenarios, contributing to value creation and strategic outcomes.
 

Course Objectives 
 

  • Understand the core concepts and principles of MoV®

  • Apply MoV® methodologies to improve value delivery in projects

  • Systematically identify and evaluate value opportunities and risks

  • Develop strategies to optimise resources and reduce waste

  • Use MoV® techniques for effective decision-making and governance

  • Incorporate MoV® practices into project management frameworks

Upon completing the MoV® Foundation & Practitioner Course, learners can validate their expertise through certification, advancing careers and driving organisational success.

Course Outline

MoV® Foundation & Practitioner 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
     

Module 7: Exercises

  • Function Analysis
  • Develop a Value Tree
  • Weighting Attributes
  • Develop a Value Profile
  • Develop a Value Index
  • Value for Money Ratio
  • Value Engineering
  • Option Evaluation and Selection
     

Module 8: Group Discussion

  • Stimulating Innovation
  • Value and Value for Money
  • Timing and Planning
  • Setting Up and Delivering a MoV® Study
  • Teams and Stakeholders
  • MoV® in the Organisation
  • Integrating with Best Management Practice
  • Structure of Guide
  • Further Training for Study Leaders
     

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:

  • vedio Video Content
  • elearning eLearning Materials
  • exam Study Resources
  • certificate Completion Certificate
  • study Tutor Support
  • workbook Interactive Quizzes
Individual Training

Individual Training fosters personal growth, enhances professional skills, and builds confidence.

Get a Quote rightblue-arrow
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 & Practitioner Course?

The MoV® Foundation & Practitioner Course provides a deep understanding of value management principles and methodologies. It equips professionals with the skills to enhance value realisation, optimise resources, and manage risks effectively in projects.

Q. Who should attend this course?

This course is ideal for Project Managers, Business Analysts, Strategic Planners, and professionals involved in value management, looking to improve decision-making and governance.

Q. How will this course help my career?

The course enhances your ability to deliver value-driven strategies, manage risks, and optimise resources, positioning you as a key contributor to organisational success and growth.

Q. What skills are covered in the course?

You’ll gain expertise in value management concepts, risk and opportunity assessment, decision-making techniques, and integrating MoV® practices into project management frameworks.

Q. What certification will I receive?

Upon completing the course, you’ll be eligible for the MoV® certification exam. Earning this certification validates your expertise in value management and strengthens your career prospects.

Didn’t Find What You’re Looking For?