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Management of Portfolios (MoP®) Foundation
The SOMOS MoP course begins at the Foundation level, delivered over three days, concluding with a multiple choice exam. The course is ideally suited to someone who will be involved in Portoflio Management or who is planning to move to this corporate level in the near future.
MoP(Management of Portfolios) is the Portfolio Management standard available from the Cabinet Office which enables you to:
· Run the right projects and programmes, delivering a measurable contribution to strategic objectives
· Remove redundant and duplicate projects and programmes
· Realize benefits that align with corporate strategy
· Report effectively to improve transparency, accountability and corporate governance
Portfolio Management (PfM) plays a critical role in organizational survival and growth by better co-ordination and investment in Programmes and Projects, improving risk management, encouraging collaborative working and providing timely, accurate information to enhance management decision making.
On completion of this course, participants will achieve a detailed and practical understanding of the MoP principles. The MoP course is based on 5 flexible Principles which provide the foundation for a successful Portfolio Management (PfM) practice. The course is structured as follows:
What is PfM?
Background & Definitions
Portfolio Management Models
Benefits of PfM
Strategic and Organizational context
PfM vs. Business As Usual
PfM and strategic & business planning
PfM and budgeting and resource allocation
PfM and Programme and Project Management
PfM and performance management
PfM and Corporate Governance
PfM and corporate functions
Principles of PfM
- Senior Management commitment
- Governance alignment
- Strategy alignment
- Portfolio Office
- Energized change culture
Implementing & Sustaining PfM
Using organizational energy
Portfolio Definition cycle
Portfolio Delivery cycle
Portfolio definition cycle
Portfolio delivery cycle
3 days | 21 PDUs
SOMOS’ experience has shown that the optimal class size is between 14 and 20 students. This enables proper interaction between the participants and the instructor.
- MoP manual: "Management of Portfolios"
- Pre-Course Readings
- Course slides & Exercises
- Project Managers
- Project Executives
- Programme Managers
- Portfolio Managers
A knowledge of other OGC standards (PRINCE2®) is useful, but not essential. Pre-course reading of the MoP manual is required in preparation for the start of instruction.
This course is offered publicly to individuals and in-house to groups of 8 to 20.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x222.
Refer to course code 3MP01 - Management of Portfolios (MoP) Foundation
*Management of Portfolios" is a Registered Trademark of the UK Cabinet Office.