MoP® (Management of Portfolios)Programmes and projects have been the focus of organizations' efforts to manage change for many years. More recently, portfolio management has come to the fore as organizations have become increasingly aware that delivery is only half the battle. Just as important is whether or not the change initiatives are the "right" ones and whether the potential return on investment is achieved. Portfolio management can help with this by ensuring that:-
What is a portfolio and what is portfolio management? |
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Portfolios represent the totality of an organization's investment (or segment thereof) in the changes required to achieve its strategic objectives. Portfolio management is a coordinated collection of strategic processes and decisions that together enable a more effective balance of organizational change and business as usual. As such, portfolio management provides senior management with reliable evidence enabling better and more informed investment decisions about:-
It goes beyond passive monitoring of progress to actively managing the composition and delivery of the portfolio as a whole, as well as ensuring that teams are energized, benefits realization is optimized and that lessons are learned and applied going forward.
- Where to invest in new initiatives,
- Whether or not to continue to invest in existing initiatives,
- How to ensure efficient and effective delivery,
- How to maximize the return on investment.
It goes beyond passive monitoring of progress to actively managing the composition and delivery of the portfolio as a whole, as well as ensuring that teams are energized, benefits realization is optimized and that lessons are learned and applied going forward.
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MoP is structured around five flexible principles upon which successful approaches to portfolio management depend. These principles are:-
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MoP is also structured around twelve portfolio management practices grouped within two cycles:-
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When these practices are implemented in a way that complements existing organizational governance structures and processes and is underpinned by a collective teamwork culture in which staff work collaboratively in pursuit of shared goals, the result is improved portfolio prioritization, delivery and benefits realization.
This course shows you how portfolio management is most effective when applied to the organization's investment in change as a whole. Consequently, the focus is on the organization's collective investment in programmes and projects (or change initiatives) that contribute to the achievement of Strategic objectives and business priorities. While portfolio management will be more effective where robust programme and project management (PPM) exists, this is not a prerequisite for the implementation of portfolio management. Questions about strategic alignment, overall capacity and affordability do not need to wait on the achievement of mature levels of delivery capability. Additionally, portfolio management does not replace or seek to micro-manage PPM; rather it seeks to ensure that PPM operates efficiently and effectively at a collective level and is coordinated with strategic, financial and performance management in the interests of the organization as a whole. |
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It is also important to emphasize that:-
- This does not necessarily mean significant additional spend or bureaucracy - portfolio management should pay its way from improved coordination of existing functions and processes, more effective delivery, more efficient resource management and enhanced benefits realization
- Improved coordination of existing functions and processes,
- More effective delivery,
- More efficient resource management,
- Enhanced benefits realization.
- Additional IT solutions are not a necessary requirement. Such solutions can certainly add value, particularly in large portfolios, but process and governance come first.
- Sophisticated approaches are not always superior to simpler, "lite' techniques such as those outlined in this guide (including those that make use of the Pareto or 80:20 rule).
- Appropriate solutions will ultimately vary from organization to organization, reflecting factors such as their culture, governance and strategic objectives. Scalability is thus a key attribute of effective approaches to portfolio management - applying the principles and 'fit for purpose' practices in a manner that is tailored to the specific local circumstances and existing processes. The examples included in this course illustrate how organizations have adapted the principles and practices outlined to suit their circumstances.
- Implementation of portfolio management can be effectively handled in a staged or phased manner starting with areas of greatest need, and quick wins (cheap, easy and achievable initiatives) can help demonstrate the value of a portfolio management approach.
Advantages of MoP to your OrganisationThe potential benefits are real and significant - research from the public and private sectors, in the UK and abroad, has identified that organizations which adopt a portfolio management approach can realize benefits in terms of:=
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MoP Application in Aotearoa/ New Zealand
Paul has an active consulting practice in Portfolio Management. Recognising MoP was developed in jurisdictions with many times the population of New Zealand Paul is conscious that MoP is right-sized while retaining the core principles and messages. Paul also includes key additional messages around organisations needing to ensure that they only take on work they are capable of and that they balance work according to their capability.
Paul's training is threaded with real life examples, tools and techniques which are uniquely focused to the challenges of running portfolios in Aoteroa/New Zealand.
Paul's training is threaded with real life examples, tools and techniques which are uniquely focused to the challenges of running portfolios in Aoteroa/New Zealand.
Not Just Formula Delivery
Project Results achieves excellent exam results, but the primary focus is on being able to apply the approach to the real world after course completion. To achieve this, we provide absolutely the best trainers available, with in-depth experience of real world application and active consulting practices.
Our course developer Geoff Rankins is Australasia’s leading expert in MoP Geoff has helped establish major portfolios, such as a telecommunications infrastructure replacement portfolio, using an MoP management framework. He has rescued troubled portfolios in areas such as Defence OHS and drug control.
Our course developer Geoff Rankins is Australasia’s leading expert in MoP Geoff has helped establish major portfolios, such as a telecommunications infrastructure replacement portfolio, using an MoP management framework. He has rescued troubled portfolios in areas such as Defence OHS and drug control.
Geoff Rankins is committed to helping organisations improve their approach to planning and delivering portfolios, programmes and projects (P3), associated organisational change, supporting organisational groups and methods, and business case development and maintenance. Geoff assists organisations to improve their P3 management maturity, and individuals to develop their professional capabilities, through maturity assessment, development of integrated management methods, training, executive briefing, coaching, consulting, process improvement and hands-on design, delivery and rescue of P3 initiatives.
Geoff is a registered MoP Practitioner and Trainer. Being a registered trainer in PRINCE2® , Managing Successful Programmes®, Management of Portfolios® , Management of Value® , Management of Risk® , Portfolio, Programme and Projects Offices® , Agile Project Manager, PRINCE2 Agile ,Change Management, Managing Benefits, and Better Business Cases he is able to give an integrated view to all of his training. He is a certified Gateway Reviewer and a certified P3M3 assessor. His depth of understanding of such a broad range of methods has allowed him to understand the overlaps and mismatches, and reconcile these methods for optimal results. He understands the deficiencies in each method, and how to adopt and tailor guidance from other methods to create a vertically integrated P3 management approach. Geoff also conducts training in business analysis and business modelling.
Geoff divides his time between training, consulting, coaching and supporting other training organisation. Geoff's clients have included Australian Federal, State and Local Government organisations, ASX 50 companies, Universities, Tier 1 and Tier 2 consulting firms, and not-for-profit organisations.
Geoff has worked in Federal and State Government departments, ASX 50 organisations, and Tier 1 consulting firms. His experience covers ICT, public administration, Defence, Police, transportation, mining, FMCG, financial services, telecommunications. He applies this broad experience across many industries and areas to enrich his training course delivery and the courseware he develops for use by other training organisations. His courseware is used across Australia, New Zealand, Africa, south-east and east Asia, the Middle East, and Europe.
Geoff has a Bachelor degree with Honours in Physics and Mathematics, a Master of Applied Science degree with majors in artificial intelligence and management of software development, and an MBA focussed on technology management. He has been an Adjunct Teaching Fellow of the Australian Graduate School of Entrepreneurship, delivering courses in eBusiness Design. For more details see Geoff Rankins Australasian Expert Trainer and Consultant
Paul Sutton is committed to helping organisations improve their business case, project, programme and portfolio management capability. To do this Paul has been working with a wide range of organisations developing capability through training, coaching, consulting, process improvement and hands-on delivery.
Paul combines in-depth process knowledge with 20 years of pragmatic hands-on experience in both business case development and project, programme and portfolio management. Paul has a broad picture focus combined with strong analytical thinking. He is an excellent communicator in both oral and written forms. He is also a very dynamic and engaging presenter. As a result he is able to give practical application to a huge range of questions and scenarios.
Paul is a Registered PRINCE2® , Managing Successful Programmes®, PRINCE2 Agile and Better Business Cases trainer. He also holds the PMP (Project Management Professional) certification from PMI (Project Management Institute) and is a Gateway Reviewer
For the past five years Paul has been on the organising committee for the PRINCE2 Users Group. This industry group is intended as an ideas sharing and capability building forum for the users of BBC, PRINCE2, MSP, MoP and other UK government approaches. Paul is also an active member of PMI. For more details see Paul Sutton Expert Trainer and Consultant
Geoff is a registered MoP Practitioner and Trainer. Being a registered trainer in PRINCE2® , Managing Successful Programmes®, Management of Portfolios® , Management of Value® , Management of Risk® , Portfolio, Programme and Projects Offices® , Agile Project Manager, PRINCE2 Agile ,Change Management, Managing Benefits, and Better Business Cases he is able to give an integrated view to all of his training. He is a certified Gateway Reviewer and a certified P3M3 assessor. His depth of understanding of such a broad range of methods has allowed him to understand the overlaps and mismatches, and reconcile these methods for optimal results. He understands the deficiencies in each method, and how to adopt and tailor guidance from other methods to create a vertically integrated P3 management approach. Geoff also conducts training in business analysis and business modelling.
Geoff divides his time between training, consulting, coaching and supporting other training organisation. Geoff's clients have included Australian Federal, State and Local Government organisations, ASX 50 companies, Universities, Tier 1 and Tier 2 consulting firms, and not-for-profit organisations.
Geoff has worked in Federal and State Government departments, ASX 50 organisations, and Tier 1 consulting firms. His experience covers ICT, public administration, Defence, Police, transportation, mining, FMCG, financial services, telecommunications. He applies this broad experience across many industries and areas to enrich his training course delivery and the courseware he develops for use by other training organisations. His courseware is used across Australia, New Zealand, Africa, south-east and east Asia, the Middle East, and Europe.
Geoff has a Bachelor degree with Honours in Physics and Mathematics, a Master of Applied Science degree with majors in artificial intelligence and management of software development, and an MBA focussed on technology management. He has been an Adjunct Teaching Fellow of the Australian Graduate School of Entrepreneurship, delivering courses in eBusiness Design. For more details see Geoff Rankins Australasian Expert Trainer and Consultant
Paul Sutton is committed to helping organisations improve their business case, project, programme and portfolio management capability. To do this Paul has been working with a wide range of organisations developing capability through training, coaching, consulting, process improvement and hands-on delivery.
Paul combines in-depth process knowledge with 20 years of pragmatic hands-on experience in both business case development and project, programme and portfolio management. Paul has a broad picture focus combined with strong analytical thinking. He is an excellent communicator in both oral and written forms. He is also a very dynamic and engaging presenter. As a result he is able to give practical application to a huge range of questions and scenarios.
Paul is a Registered PRINCE2® , Managing Successful Programmes®, PRINCE2 Agile and Better Business Cases trainer. He also holds the PMP (Project Management Professional) certification from PMI (Project Management Institute) and is a Gateway Reviewer
For the past five years Paul has been on the organising committee for the PRINCE2 Users Group. This industry group is intended as an ideas sharing and capability building forum for the users of BBC, PRINCE2, MSP, MoP and other UK government approaches. Paul is also an active member of PMI. For more details see Paul Sutton Expert Trainer and Consultant
MoP Course Format
Our MoP courses and trainers are certified by AXELOS. This certification covers the MoP content as well as preparation for the Foundation and Practitioner exams.
The course is broken into two components. MoP Foundation and MoP Practitioner. The Foundation course gives you a complete overview of the method and exercises in application. Passing the exam will give you the Foundation qualification. The Practitioner course prepares you for the exam. The exam tests your application of MoP and upon passing the exam you can call yourself a "Registered MoP Practitioner".
The classroom MoP Foundation course is 3 days long and MoP Practitioner another day. This makes a total of 4 days if you want to do both Foundation and Practitioner.
The course is broken into two components. MoP Foundation and MoP Practitioner. The Foundation course gives you a complete overview of the method and exercises in application. Passing the exam will give you the Foundation qualification. The Practitioner course prepares you for the exam. The exam tests your application of MoP and upon passing the exam you can call yourself a "Registered MoP Practitioner".
The classroom MoP Foundation course is 3 days long and MoP Practitioner another day. This makes a total of 4 days if you want to do both Foundation and Practitioner.
Course Options
Foundation Structure and Content
Foundation StructureOnce you register for the course you are sent the “Management of Portfolios” manual and pre-course exercises. At least 10 hours work prior to the course is highly recommended. This pre-course work is one of the key reasons for or high success rates.
The Foundation component gives you the full MoP curriculum and is delivered through presentations, discussions, exercises and exam practice. The course is intensive, running from 8:30 to 5:00 with a recommended additional 2 hours of exam practice each evening. As outlined above the course consists of presentations, discussions, small group exercises. We also have our own exam style questions and there are two sample exams supplied by APMG. We also have crosswords for those that like these along with an extensive range of templates and exemplars. We provide you with copies of all the course material and quick reference guides. The exercises are scenario based which not only prepares you for the the exam but also real world application of MoP. For more information on what is included please click on our Project Results Best Practice Courseware page. Foundation Exam |
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At the end of the 3rd day participants sit a 40 minute Foundation exam, following which you are given your preliminary result (subject to confirmation by APMG). The exam is closed book and with 50 questions each worth one mark. You must correctly answer 50% to pass.
Aims of the Foundation Course
The Foundation course is intensive but over the 3 days you will be given a complete understanding of the method. At the end you will sit the Foundation exam, demonstrating your understanding.
The Foundation training will allow delegates to understand the:-
The Foundation training will allow delegates to understand the:-
- Scope and objectives of portfolio management and how it differs from programme and project management,
- Principles upon which successful portfolio management is based,
- Approaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio management,
- Purposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practice,
- Purpose and key content of the major portfolio documents,
- Scope of key portfolio management roles.
Foundation Course Coverage
The Foundation training will cover:-
- What is portfolio management?,
- Value management and its the strategic and organisational context,
- Portfolio management principles,
- Portfolio management cycles,
- Portfolio definition practices,
- Portfolio delivery practices,
- Portfolio management documents,
- Portfolio management roles and responsibilities,
- Preparation for the Foundation Examination.
Who should attend Foundation
This course is aimed at those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realisation. It is relevant to all those involved in the selection and delivery of business change initiatives including: members of Management Boards and Directors of Change; Senior Responsible Owners (SROs); portfolio, programme, project, business change and benefits managers; and business case writers and project appraisers.
Foundation Prerequisites
There are no prerequisites for the course but as stated above we do recommend you complete the pre-course work.
Practitioner Structure and Content
Practitioner Structure
You will be given the Practitioner courseware at the end of the Foundation course or upon registration (if you have already completed Foundation). You can then get straight onto practicing the APMG sample exam, which is homework for the first night.
The course is 1 day long with the 3 hour Practitioner exam at the end of the day. In the morning we revise the key concepts of MoP and their application. We also look at the exam and provide you with techniques for obtaining the best result.
The course is 1 day long with the 3 hour Practitioner exam at the end of the day. In the morning we revise the key concepts of MoP and their application. We also look at the exam and provide you with techniques for obtaining the best result.
Practitioner Exam
The Practitioner Exam is a 3 hour open book, scenario based, multiple choice exam. It is open book with you being able to use the MoP manual. There are 80 questions each worth one mark. You must correctly answer 40 (50%) or more marks to pass. The exam is marked by APMG in Australia and participants receive their result in 1-2 weeks.
Aims of the Practitioner Course
The 1 day Practitioner course builds on your Foundation understanding and demonstrates your ability to apply MoP in different environments as well as to adapt it to specific scenarios.
Who should attend Practitioner
Practitioner is the qualification which organisations are seeking in professional portfolio managers, those consulting in the portfolio environment and those involved in organisational process.
Practitioner Prerequisites
APMG requires that candidates for the Practitioner Exam must have previously passed the Foundation Examination and with our excellent pass rates you shouldn't have a problem with this.
The other good news is that if you are not ready for Practitioner you can complete Foundation now and Practitioner at some later stage. You can also book Foundation in one course and come back and do Practitioner another. We don't charge you any extra to do it this way. To learn more about the relative merits of this click on All at once or split and also our No penalty pricing.
MoP Registered Practitioners are required to be re-registered within 3-5 years of their original certification. This re-registration comprises a 1-hour examination set at the same standard as the Practitioner examination.
For more details see our Pass rates and certification page.
The other good news is that if you are not ready for Practitioner you can complete Foundation now and Practitioner at some later stage. You can also book Foundation in one course and come back and do Practitioner another. We don't charge you any extra to do it this way. To learn more about the relative merits of this click on All at once or split and also our No penalty pricing.
MoP Registered Practitioners are required to be re-registered within 3-5 years of their original certification. This re-registration comprises a 1-hour examination set at the same standard as the Practitioner examination.
For more details see our Pass rates and certification page.
MoP Schedule and Pricing
Schedule
We have scheduled courses running in Wellington. In-house courses are run at a time and place to suit you. Request a quote if you would like this option. If you would like a date or location which is not listed here please Enquire now and we will develop a solution for you.
You can choose to join one of our classroom courses, self study or follow a blended approach with self study Foundation and classroom Practitioner.
You can choose to join one of our classroom courses, self study or follow a blended approach with self study Foundation and classroom Practitioner.
Pricing
We offer a flexible pricing structure. You can initially choose any option and then later upgrade to a more expensive option at any time and you will not be penalised for doing this. Below are the scheduled dates for our courses. Press the book now button to get going. If you want more specific details on pricing this is contained at the bottom of this page.
Classroom Courses
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3 - 5
December 2018 |
MoP Foundation and PractitionerTime: 8:45 am - 5:00 pm, Monday to Thursday
Location: Wellington CBD
Trainers: Geoff Rankins & Paul Sutton
Cost: $2,990 + GST
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3 - 4
December 2018 |
MoP FoundationTime: 8:45 am - 5:00 pm, Monday to Wednesday
Location: Wellington CBD
Trainers: Geoff Rankins & Paul Sutton
Cost: $2,150 + GST
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5 December
2018 |
MoP PractitionerTime: 8:45 am - 5:00 pm, Thursday
Location: Wellington CBD
Trainers: Geoff Rankins & Paul Sutton
Cost: $1,290 + GST
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Self Study
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Self
Study |
MoP Foundation and PractitionerTime: At your own pace
Location: Anywhere
Trainers: Geoff Rankins & Paul Sutton
Cost: $1,340 + GST
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Self
Study |
MoP FoundationTime: At your own pace
Location: Anywhere
Trainers: Geoff Rankins & Paul Sutton
Cost: $1,010 + GST
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Self
Study |
MoP PractitionerTime: At your own pace
Location: Anywhere
Trainers: Geoff Rankins & Paul Sutton
Cost: $640 + GST
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Specific Pricing
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MoP Foundation course
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MoP Foundation and Practitioner courses
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MoP Practitioner course
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Classroom
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$2,150-00
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$2,990-00
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$1,290-00
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Blended
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$2,390-00
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Self study
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$1,010
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$1,340-00
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$640-00
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Pricing Notes
- All prices are quoted excluding GST and that invoicing will be at the time of course booking.
- If you require we can also provide quotations for in-house options.
- If booking Practitioner only options you must have previously passed the Foundation exam.
- Credit card payments have an additional 3.5% charge.
Want More Info?
We would love to help you choose the right option or quote for a specific option. So please choose one of the options below and we will get in contact with you.
Acknowledgements
Project Results is an Agile PM™, Better Business Cases™, Change Management, Managing Benefits, MSP®, and PRINCE2® Accredited Training Organisation (ATO). MoP®, M_o_R®, P3O® and PRINCE2 Agile™ training is provided by Inspiring Projects accredited by PEOPLECERT. Our courseware is developed by Inspiring Projects a division of Aspire Australasia Pty Ltd who is also an ATO for all of these products and MoV®. This accreditation has been given by APMG and PEOPLECERT, who along with accrediting ATOs, provides and moderates exams and accredits our trainers. With this level of accreditation and monitoring you can be confident of a quality course and an internationally recognised qualification. The APMG-International Better Business Cases is a trade mark of Her Majesty's Treasury. Agile PM™and Change Management, is a trade mark of The APM Group Limited. The Agile PM™, Change Management and Managing Benefits Swirl Device logo is a trade mark of The APM Group Limited . MoP®, M_o_R®, MSP®, P3O®, PRINCE2® and PRINCE2 Agile™ and the AXELOS Swirl Device logo are registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Project Results is an Agile PM™, Better Business Cases™, Change Management, Managing Benefits, MSP®, and PRINCE2® Accredited Training Organisation (ATO). MoP®, M_o_R®, P3O® and PRINCE2 Agile™ training is provided by Inspiring Projects accredited by PEOPLECERT. Our courseware is developed by Inspiring Projects a division of Aspire Australasia Pty Ltd who is also an ATO for all of these products and MoV®. This accreditation has been given by APMG and PEOPLECERT, who along with accrediting ATOs, provides and moderates exams and accredits our trainers. With this level of accreditation and monitoring you can be confident of a quality course and an internationally recognised qualification. The APMG-International Better Business Cases is a trade mark of Her Majesty's Treasury. Agile PM™and Change Management, is a trade mark of The APM Group Limited. The Agile PM™, Change Management and Managing Benefits Swirl Device logo is a trade mark of The APM Group Limited . MoP®, M_o_R®, MSP®, P3O®, PRINCE2® and PRINCE2 Agile™ and the AXELOS Swirl Device logo are registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.