MoP quick guide

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Management of Portfolios MoP™

The Swirl logoTM is a trade mark of AXELOS Limited. PMI® are registered marks of the Project Management Institute, Inc.

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What is MoP?

Portfolio management is defined as a coordinated collection of strategic processes and decisions that together enable the most effective balance of organizational change and business as usual.

Management of Portfolios (MoP®) 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 organization’s strategic objectives.

The MoP guidance has been prepared to provide senior executives with an overview of portfolio management - the principles upon which it is based, some of the techniques used, and how you can get started and sustain progress.

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What does MoP™ offer?

Portfolio delivery cycle that has seven processes outlining how the risks, benefits, resources and finances relating to the portfolio will be managed, and how those involved will be governed and communicated with to maintain commitment to successful delivery

Five principles that deliver the basis for managing projects, programmes and change initiatives as a unit of work, including strategic alignment and senior management commitment

Portfolio definition cycle, which has five processes including identifying all existing initiatives, categorising them and creating the portfolio plan

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Is a qualification Important?

MoP™ is a unique qualification, providing evidence that you have an

excellent understanding of the processes and structure needed to manage projects, programmes and

change initiatives across your organisation

MoP™ is a strategic level qualification which gives those who already have

PRINCE2®, MSP® and Change Management qualifications an

opportunity to highlight to employers their ability to understand the wider

context of their work

MoP™ is a differentiator for those looking for development

opportunities in project and programme management, but feel

that they already hold sufficient project management qualifications

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Benefits of MoPO

rgan

isati

on

• Remove redundant, duplicate and poorly performing programmes and projects.

• Improve coordination of existing functions and processes.

• Ensure constrained resources are allocated to optimize strategic impact, coordinate delivery and maintain strategic alignment.

• Invest in programmes and projects in the context of the current environmental conditions and better coordinate investment in programmes and projects, improve the management of risk and encourage collaborative working.

• Enhance transparency, accountability and corporate governance.

Seni

or M

anag

er

• Closer alignment of projects and programmes to the strategic objectives of the organisation

• Increase in the emphasis given to realising benefits and the subsequent increase in their achievement

• Reduction in costs from stopping or not starting initiatives that do not contribute sufficient benefits

• Increase in availability of resources to undertake projects and change initiatives deemed high priority

• Co-ordinating projects and programmes as a portfolio

Indi

vidu

al • Ensure successful delivery in

terms of time, quality, budget and benefits realization.

• Improve engagement and communication between senior management and staff.

• Offer more informed resource allocation, improved delivery and greater benefits realization going forward.

• Prioritize programmes and projects in terms of their contribution to your organization’s strategic objectives and overall level of risk.

• Provide a means for greater efficiency in the delivery of change initiatives via improved resource planning, dependency management and streamlined procedures.

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What will I learn on the course?

Understand the strategic context of portfolio, programme, project

and change management

Define the steps to defining a portfolio including how to categorise and prioritise

initiatives and create a plan that balances the conflicting needs of

functions and departments across your organisation

Clarify how existing processes for risk, benefits, resource and

financial management can be applied to portfolio management

Assess initiatives for their interdependencies, resource

usage and impact on business as usual

Define criteria for accepting or rejecting initiatives into the

portfolio based on their contribution to strategic

objectives

Define the information flow about the portfolio to and from

project and programme managers, sponsors and senior

managers

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MoP Foundation Certification

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Foundation Level

· 50 Questions – Objective testing· Multiple choice format · 50% to pass · 40 mins· Closed Book

Foundation Level ILT (Instructor Lead Training)• 3 day classroom course• Monday – Wednesday. Exam Wednesday afternoon• Run regularly in Lagos

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MoP Practitioner CertificationPractitioner level

· 4 questions per paper with 20 marks available per question – all question

items will be worth 1 mark, making the total number of marks available per

paper 80

· 3 hours allowed

· Open-book examination (only the MoP Manual is allowed)

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Practitioner Level Instructor – Led Training• 2 day workshop• Thursday – Friday. Exam Friday afternoon• Run regularly in Lagos & Abuja

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Why choose HARRYBAKER Professionals?

Professionally trained trainers, who are part of

our HARRYBAKER Excellence Train the Trainer programme

Trainers who are experienced project

managers and who can advise you on how to apply MoP® to your

work situation,.

Excellent MoP® examination pass rates

consistently in both MoP® Foundation and

Practitioner qualifications

Regularly updated course materials and

sample papers to ensure our courses are as enjoyable, relevant

to the real world and up to date as possible

Accredited Training Organisation, assessed

by the APM Group every year to check for

quality processes, course materials and

trainers.

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When you Train with HARRYBAKER

Before the Course

During the Course

After the Course

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• Receive the MoP® original text book –“Management of Portfolios”

• Access to https://www.harrybakerprofessionals.com which has lots of information to help you prepare for your course:

• On-line access to HARRYBAKER Professionals e-learning portal

• Pre-course work book with activities, questions and suggested pages to read and mark up in the official text book

• On-line access to a trainer for any questions that you have about MoP®

• Quizzes and sample examination papers to test your knowledge

• Course materials including models, games, puzzles, slides, activities and sample examination papers

• Experienced trainers who know how to manage risk and how to apply MoP® in the ‘real world’

• Activities to help you understand how to use MoP® and how to pass the examinations

• Use the HARRYBAKER Knowledge Centre to stay up to date

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Background

• Accredited Trainer: - PRINCE2®, M_o_R, MSP, MoP, MoV, MoR, PPS, P3O, PMP & PMD Pro, ITIL, Facilitation, Better Business Case

• BSc and MBA from Cranfield

• Six Sigma Certified

Experience

• Murray International Group, UK

• BSkyB UK• Vodafone UK• Charteris UK• nPower• Chevron Texaco• Gateway Bank• UAC

Personal

• Married• 3 kids• Enjoy teaching

Meet Our Lead Trainer

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Plot 5, 2nd Floor Chief Yesufu Abiodun Street,Victoria Island Lagos.Email: [email protected]: 0802 839 1360Website: www. Harrybakerprofessionals.com

The Swirl logoTM is a trade mark of AXELOS Limited. PMI® are registered marks of the Project Management Institute, Inc.