MoV® Foundation Course

• Educational Background: There are no specific educational requirements for this course.
• Language Proficiency: Learners should have a good command of English, as all course materials, assessments, and discussions are conducted in English.
• Interest in Project Management: This course is ideal for individuals with a keen interest in learning project management

• Understanding MoV® Principles: Learners will grasp the core principles of MoV® and its role in improving value across projects and programmes.
• Applying Value Management Techniques: Learners will gain the ability to use value management tools to assess and enhance the value delivered by projects.
• Optimising Resource Allocation: Learners will develop strategies to optimise resource use, ensuring maximum value is derived from project and programme investments.
• Making Informed Value-Driven Decisions: Learners will be equipped to make value-based decisions that align with organisational goals and improve project outcomes.

This course is ideal for professionals involved in project and programme delivery, helping them develop skills to optimise value and improve outcomes.

• Project Managers
• Programme Managers
• Business Analysts
• Value Managers
• Portfolio Managers
• Operations Managers
• Strategic Planners

Module 1: Introduction to MoV®

• Overview
• Relationship with Other Best Management Practice Products
• How MoV® Fits with Other Best Practice Guides?
• What is Value?
• What is MoV®?
• Why Use MoV®?
• Where can MoV® be Used?
• When should it be Used?
• What Does it Involve?
   

Module 2: MoV® Principles

• Align with Organisation’s Objectives
• Focus on Functions and Required Outcomes
• Balance the Variables to Maximise Value
• Apply Throughout the Investment Decision
• Tailor to Suit the Subject
• Learn from Experience and Improve Performance
• Assign Clear Roles and Responsibilities and Build a Supportive Culture
   

Module 3: MoV® Processes

• Frame the Programme or Project
• Gather Information
• Analyse Information
• Process Information
• Evaluate and Select
• Develop Value Improving Proposals
• Implement and Share Outputs
   

Module 4: MoV® Techniques

• Techniques Unique to MoV®
• Function Analysis System Technique (FAST)
• A Customer FAST Diagram
• Value Trees
• Exercise in Function Analysis
• Blank Form for Undertaking Function Analysis on a Project
• Example of Completed Function Analysis on a Project
• A Value Profile for a Hospital
• Value Index for the Same Hospital
• Demonstrating Value for Money
• Function Cost Analysis
• Value Engineering
• Techniques Commonly Used in MoV®
   

Module 5: Approach to Implementation

• Generic MoV® Study Plan
• Integrated Programme and Project Plans
• Programme or Project Organisation
• MoV® at Key Project Stages
• Approach to Implementation
• Value Cascade
   

Module 6: Syllabus Area Environment and Embedding

• Environment: Responding to External and Internal Influences
• Project Considerations
• Operational Considerations
• Syllabus Area Appendices A-D
• Embedding MoV® into an Organisation
• Benefits of Embedding
• Embedding MoV® into an Organisation – Key Steps
• Suggested MoV® Management Structure
• Overcoming Barriers
• International Standards in Value Management

Executive Guide to Value Management