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Course type: E-learning
Duration: 6 hours
Delivery: Online
Included: MoV Foundation Exam, MoV Official manual (Digital)
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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.

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.

This course includes the following:

  • 12 months online access to our accredited MoV Foundation learning
  • The cost of the MoV Foundation examination (valid for 12 months from purchase date. Exam must be taken online via remote proctor) 
  • The official MoV manual (digital)   
  • MoV Foundation exam simulator

Optional extras:

  • Official MoV manual (hardcopy)

Materials

Digital official manual: You will be sent an email invitation within 48 hours of your purchase to register on the Peoplecert portal. Once registered you will be able to access the digital version of your manual.

Hardcopy official manual: If you decide to purchase the hardcopy official manual as an optional extra your manual will be shipped to your chosen address within 48 hours of purchase.

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

Exams are taken online via remote proctor. You will be sent an email invitation within 48 hours of your purchase to register on the Peoplecert portal. Once registered you will be able to book your online exam at a date and time of your choice. You are responsible for booking your own exam. For more information about how to take your exam and the technical requirements, please click here.

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
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