Management of Portfolios Overview
To be successful, organisations must evolve, and this means improving how they run their business on a daily basis (business as usual) and adapting to emerging demands and expectations. Portfolio Management helps organisations make decisions about implementing the right changes to business as usual. These changes are then delivered via projects and programmes.
This Management of Portfolios (MoP) course approaches the management of change projects and programmes from a strategic viewpoint. It provides an overview of all change activities including what is in the portfolio, what it is costing, what risks are faced, what progress is being made, and what the impact is on business as usual and the organisation’s strategic objectives. It also prepares candidates for the MoP Foundation and Practitioner certification.
The benefits of MoP for organisations include:
- Improved strategic contribution – more of the ‘right’ projects are undertaken
- Removal of redundant, duplicate and low value adding projects and programmes
- More effective implementation of projects and programmes via management of constraints, risks and dependencies
- More efficient utilisation of scarce resources including skilled project/programme managers
- Improved accountability and corporate governance
Package & Save!
$3,105.00 excl. GST
Foundation and Practitioner
Foundation
The Foundation course provides an understanding of:
- The Portfolio Management cycles, practices and techniques and the organisational context within which they operate.
- Effective approaches to investment identification, categorisation, prioritisation and selection.
- How project and programme success can be enhanced by adopting a Portfolio perspective to delivery.
The course also provides the participant with an opportunity to:
- Demonstrate sufficient knowledge and understanding to work as an informed member of a Portfolio Office or in a range of Portfolio Management roles.
- Consolidate learnings through practical activities and practice exam questions.
Practitioner
The Practitioner course prepares participants to undertake and pass the MoP Practitioner Exam. The Practitioner level qualification aims to measure whether the candidate has sufficient knowledge and understanding of the MoP to apply and tailor the MoP guidance and to analyse portfolio data, documentation and roles in relation to a scenario situation.
Note: Practitioner course is an exam preparation course and focuses on the application of the Management of Portfolios to prepare candidates for the Practitioner examination.
KEY TOPICS
The MoP courses explore the following content, with the Foundation level focusing on the theory and the Practitioner considering the application of the method to a given scenario:
- Understand the purpose and context of MoP
- Implement, sustain and measure portfolio management
- Explain the strategic and organisational context
- Identify the principles of portfolio management
- Describe the Portfolio Definition and Delivery Cycles
- Recognise the vital roles and responsibilities in portfolio management
- Identify essential documentation
- Review of all examination syllabus areas
- Practice exam questions
MoP Practitioner preparation includes a comprehensive review of the above topics, including how they can be applied to an organisation. Review will take the form of discussion groups, revision questions and completion of sample exam questions.
Note: All content is covered in Foundations. Practitioner focuses on preparing participants for the Practitioner exam and so does not introduce new content.
Trainers of this course will use a practical delivery approach to provide participants with a ‘hands-on’, multi-faceted and challenging learning experience.
Courses are facilitated by our expert team and can be conducted onsite, at our premises or virtually. All courses can be customised to suit your requirements.
Materials: A comprehensive participant handbook and the Management of Portfolios publication is provided for the Foundation course.
A participant handbook is provided to Practitioner participants.
Foundation
The Foundation course includes the MoP Foundation exam which consists of:
- 50 multiple choice questions
- 50% pass mark (25/50)
- 40 minutes duration
- Closed book
Classroom training: the Foundation exam is taken on the afternoon of day 3 of the Foundation course.
Virtual training: online proctored exam taken after the course. See below for details.
Practitioner
The Practitioner course includes the MoP Practitioner exam which consists of:
- 4 questions
- 50% pass mark (40/80)
- 3 hours duration
- Objective test paper based on a scenario
- Open book (Management of Portfolios guide only)
- Classroom training: the Practitioner exam is taken on the afternoon of day 2 of the Practitioner course.
Virtual training: online proctored exam taken after the course. See below for details.
The MoP Practitioner certification does not have an expiry date.
Taking your virtual exam
On the last day of your Foundation or Practitioner virtual course, you will receive an invitation to book your exam. You have 6 months to sit the exam online. Please check availability when making your booking.
PeopleCert administers the MoP examination scheme. PM-Partners is an accredited partner of PeopleCert (Partner ID: 3800).
DEVELOPMENT UNITS
PDUs
Participants who have been awarded the Project Management Professional (PMP)® credential by the Project Management Institute (PMI)® are eligible to earn PDUs for their participation in this course as follows:
Foundation
- Classroom / virtual (3 days): 21 PDUs (14 Technical, 4 Strategic and Business Management and 3 Leadership).
Practitioner
- Classroom (2 days): 14 PDUs (10 Technical, 2 Strategic and Business Management and 2 Leadership)
- Virtual (1 day): 7 PDUs (5 Technical, 1 Strategic and Business Management and 1 Leadership)
CPDs
Participants holding any of the Project Management accreditations (CPPP / CPPM / CPPD) are eligible to earn CPDs as follows:
Foundation
- 20 CPDs for each of these short courses.
Practitioner
- Classroom (2 days): 20 CPDs
- Virtual (1 day): 14 CPDs for short course OR 15 CPDs for certification attained
Take2 Re-sit Exam Option
PeopleCert provide you with the opportunity to sit your exam knowing that if the outcome is not what you expected, you could have another attempt, at a fraction of the exam price.
FOUNDATION
Participants should be experienced practitioners working in a project environment and have a solid understanding of project management and programme management practices.
PRACTITIONER
To be eligible to sit the MoP Practitioner exam, participants must have obtained a pass in the MoP Foundation exam.
WHERE IS THE TRAINING VENUE LOCATED?
Sydney courses are held at 45 Clarence Street, Sydney.
Melbourne courses are held at 123 Queen Street, Melbourne.
I PREFER VIRTUAL INSTRUCTOR LED TRAINING, HOW DOES THAT WORK?
You can learn more about our virtual delivery here.
I REQUIRE AN INVOICE BEFORE PAYMENT IS PROCESSED – CAN I STILL BOOK THIS COURSE ONLINE?
Yes. Simply select ‘invoice’ from the payment options during the checkout process and one of our consultants will be in contact to organise payment.
IS THIS A CERTIFIED COURSE?
Yes. The Foundation and Practitioner exams are undertaken on the final day of each course. Upon passing the exams you will be certified.
IS THE EXAM FEE INCLUDED?
Yes. The exam fee is included in the course cost.
Note: You must have completed and passed the Foundation exam as a prerequisite to sitting the Practitioner exam.
CAN I BUY THESE COURSES AS A PACKAGE?
Yes. Management of Portfolios Foundation and Management of Portfolios Practitioner can be purchased together as a package at a discounted rate.
- Members of Management Boards and Directors of Change.
- Programme and Project Sponsors.
- Portfolio, Programme, Project, Business Change, Benefits Managers, Business Case Writers, Project appraisers and those in other functions/departments with a role in delivering strategic objectives.
- Anyone with an interest, and/or role, in delivering programmes and projects, and organisational strategy from inception to delivery and wanting to gain the Foundation level certification.
Foundation
Duration:
- Weekday / virtual - 3 days
Development Units:
- Classroom / virtual - 21 PDUs
Exam:
- Weekday - exam is taken on the afternoon of day 3 of the Foundation course
- Virtual - Online proctored exam taken after the course
Practitioner
Duration:
- Classroom - 2 days
- Virtual - 1 day
Development Units:
- Classroom - 14 PDUs
- Virtual - 7 PDUs
Exam:
- Classroom - exam is taken on the afternoon of day 2 of the Practitioner course
- Virtual - Online proctored exam taken after the course
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