MoV presentation.

1. MoV
Management of Value

2. What is MoV (Management of Value)
• Focuses on improving benefits, reducing
expenditure and speeding up delivery.
• All about maximising value in line with
objectives- Not simply about minimising
costs.
• Essential to effective policy making,
programmes, projects, service reviews or
product redesigns.
• Vital to Business as Usual and P3M
environment, - audit trail of how optimum
value has been achieved.

3. Levels of Examination
Foundation- Available
Practitioner- Planned for the start of 2012
MoV Foundation Exam
• Multiple choice
• 50 questions per paper
• 25 marks required to pass (out of 50 available) 50%
• 40 minutes duration
• Closed book.

4. Target Audience
The PPM community, for whom the guide is aimed at those involved in
directing, managing, supporting and delivering portfolios, programmes and
projects.
Those qualified in MSP/PRINCE2/APMP/ITIL/PMP
Senior Management, Programme Managers, Project
Managers, Change Managers and Project and
Programme Office staff and their sponsors.
Risk managers, to enable them to identify and
maximise opportunities more effectively.

5. Course Contents
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Introduction: What is MoV and Why it is needed
MoV and its place in OGC Best Practice
Principles underpinning MoV
Processes and Techniques to be applied when
using MoV
Approach to implementing MoV
Environmental factors influencing and impacting
MoV
Application of MoV studies in a portfolio,
programme and project environment
Embedding a culture of MoV in the Examination

6. Market
• Launched November 2010
• First course (CUPE) Jan 2011
• Adopted by Government of Malta April
2011
• Exams to date approx. 100 (70 were
CUPE)
• 100% pass rate (with CUPE)
• Market interest increasing

7. Benefits to organisation
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Better use of resources.
Provides an auditable way to make strategic decisions.
Optimises investment costs and long term operating costs.
Encourages innovative solutions.
Enables more efficient delivery by employing fewer resources and using
these resources to better effect.
Provides a way to define objectives and scope clearly, in terms of the
organization’s and end users’ short and long-term needs.
Supports decision-making based upon maximizing value for money.
Encourages innovation that is well aligned to the organization’s goals.
Facilitates optimal balance between investment and long-term operating
expenditure.
Means of measuring and auditing value, taking account of monetary and
non-monetary benefits.
Enables effective consultation and engagement of stakeholders and end
users and reconciles their differing needs.
Promotes sustainable decision making, based on adding value, by
addressing both monetary and non-monetary factors .