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MoV®

Course type:
E-learning
Duration:
6 hours
Delivery:
Online
Optional add-ons:
MOV manual
Feefo rating

MoV® Foundation E-learning

ILX Group’s accredited MoV Foundation online course covers all aspects of the MoV guidance. Using voice, animation and activities, the course takes approximately six hours to complete which is equivalent to a two-day workshop.

Course overview

About the course

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.

What's covered?

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 seven MoV principles

MoV processes

  • Description of the seven MoV processes

MoV techniques

Description of:

  • Function analysis
  • Function cost analysis
  • Value engineering and analysis
  • Other common techniques often used in MoV

MoV approach and 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

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?

Materials

  • 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

Exam information

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

FAQs

FAQs for exam bookings with e-learning products

What's the difference between an exam code and an exam voucher?

The exam code is issued by ILX and is valid for the same length of time as your e-learning licence. You will need your exam code to redeem your exam voucher.

The exam voucher is only valid for one month, and you will be issued with this once you have redeemed your exam code. You will need your exam voucher to book your exam.

How long is my ILX exam code valid for?

Your exam code is valid for the same length of time as your e-learning licence.

How long will it take for my exam code to be issued?

Your exam code will be issued via email within 24 hours of purchasing your e-learning licence.

How do I redeem my ILX exam code?

When you are ready to take your exam, enter your exam code into the box on our redeem your ILX exam voucher page. Within 48 hours of redeeming your exam code you will receive your exam voucher and full instructions on how to book your chosen exam.

How long is my exam voucher valid for?

Once issued the exam voucher is valid for a one month period. Therefore, please ensure you only redeem your code once you are in a position to book your exam.

How do I book my exam?

Full instructions on how to book your exam will be sent with your exam voucher.

What do I do if I lose my ILX exam code?

Get in touch with us at contactus@ilxgroup.com.

Need more help or want to get in touch with us?

If you have any questions or need help redeeming your exam voucher, please get in touch with us at contactus@ilxgroup.com.