Management of Value has evolved from the tried and successful practice of value management across many sectors and over many years. The AXELOS MoV guidance aligns the established methods with Programme and Project Management guidance. The guidance is intended to help organisations use a successful, proven methodology to supplement their current management practices, so that they can increase the value they deliver and make better use of resources.
The course is suitable for
Pre-requisites
There are no official pre-requisites. We recommend all delegates, regardless of their experience, take advantage of our pre-course study materials.
Benefits
It can benefit individuals by providing a way of addressing competitive advantage by adding value; advising how to promote sustainable decision making, based on adding value, by addressing both monetary and non- monetary factors; advising how to maximize value in line with the programme and project objectives and key stakeholder requirements; and provide a means to define objectives and scope clearly in terms of the organisation’s and end users’ short and long term needs. It will also supplement current management practices to increase value delivered and make better use of resources.
Organisations can then measure and audit value, taking into account monetary and non-monetary benefits and achieving optimal balance between them, thus demonstrating optimum value has been achieved. It will enable effective consultation and engagement of stakeholders and end users and reconcile differing needs. It can improve benefits, reduce expenditure and speed up delivery without impacting essential project scope or service quality; and enable more efficient delivery by employing fewer resources to better effect.
Examinations
MoV Foundation Level - 2 day - The purpose of the foundation level is to confirm you have sufficient knowledge and understanding of the MoV guidance to enable you to contribute effectively to MoV activities led by others; enable you to understand and explain MoV to others; and pre-qualifies you for the MoV Practitioner Exam or for other training and qualification systems in Value Management.
MoV Practitioner Level - 2 day - The purpose of the Practitioner level is to confirm you have achieved sufficient understanding of how to apply and tailor MoV in a scenario situation. The experience of the individual, the level of support available and the complexity of the situation to which MoV is to be applied will be factors that impact what the Practitioner can achieve.
