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MoV Foundation Online with Exam Guarantee

Overview

The main body of the course consists of 11 sessions which covers MoV Principles, Processes and Techniques. It also covers MoV Approach and Implementation, the MoV Environment, Embedding MoV and the MoV Guidance Appendices.

Target Audience

The course will be of benefit to all levels of management including:

  • Corporate Managers – responsible for instigating MoV studies with a view to starting new programmes or projects
  • Programme Managers – responsible for making sure programmes deliver the best value solutions taking into account the views of the stakeholders
  • Project Managers – responsible for delivering products from their projects that represent the best value for money solutions
  • Operational Managers – responsible for undertaking MoV studies to assist in reviewing operational procedures and improving efficiency
  • All other personnel who have an interest or responsibility for Management of Value within their organisation

What's Included

This package

12 months online access to our accredited MoV Foundation course

  • Full tutor support, plus many additional materials to help put MoV into practice
  • MoV Foundation mock exam revision tool
  • MoV Foundation exam: Valid for 12 months from purchase date. Exam must be taken online via remote invigilation

Optional Extras

  • Official MoV manual - please contact us for pricing should you wish to add this to your order

MoV Foundation online demo

More Information

Course content

Introduction

  • The purpose and structure of the course
  • The format and style of the MoV examination

Introduction to MoV

  • The relationship between MoV and other best practice management products
  • Definition of “value”
  • Description of MoV in terms of terms of “what it is”, “where it can be used”, “when it should be used” and finally “what is involved in its use”

MoV Principles

  • Description of the 7 MoV principles

MoV Processes

  • Description of the 7 MoV processes

MoV Techniques

Description of:

  • Function Analysis
  • Function Cost Analysis
  • Value Engineering and Analysis
  • Other common techniques often used in MoV

MoV Approach & Implementation

  • Description of a generic process around which a study can be structured
  • Description of the relationships between the MoV study leader and the rest of the team

MoV Environment

  • Description of the external and internal factors that affect MoV policies and strategies
  • Description of the considerations for the portfolio, programme, project and operational environments

MoV Embedding

  • Overview of the embedding process
  • Key benefits of embedding MoV
  • Key steps of embedding MoV
  • Roles and responsibilities required when using MoV
  • Overcoming barriers to implementation

MoV Appendices

  • MoV documents
  • MoV toolbox
  • MoV health check
  • MoV maturity modelling

MoV Foundation Examination Technique

  • How to approach the MoV examination

MoV Examination Simulator

  • Featuring sample questions in the style of the MoV examination and timed to assist your preparation

Exam Format

  • Multi-choice
  • 50 questions per paper
  • 25 marks required to pass (out of 50 available) pass mark - 50%
  • 40 minutes duration
  • Closed book

Exam Guarantee

We're so confident that you'll pass your Foundation exam first time that we offer an Exam Guarantee for this Foundation e-learning course. If you don't pass, then we will allow you take the exam a second time, at no extra cost, as long as it is within three months of taking your original exam.

Are there any conditions related to the Exam Guarantee?

Provided that you have completed the e-learning in full and that you have passed the exam simulator with a pass mark of 80%, you will be entitled to a free resit. You will have been advised whether you have passed or failed the exam simulator at the time of taking, as it is included within your e-learning. If you're not sure, don't worry, contact us and we will be happy to check for you.

If I need to use my Exam Guarantee or I have any further questions, who should I contact?

Please email us and we will be happy to assist you.

Accredited MoV® training is provided by ILX Group plc - London, accredited by PeopleCert. 

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