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Increase value and make better use of resources.

AXELOS' guidance is intended to help organizations use a successful, proven methodology to supplement their current management practices.

The guidance is aimed at all those involved in directing, managing, supporting and delivering portfolios, programmes and projects. MoV is all about maximizing value in line with the programme and project objectives and the key stakeholder requirements. It is not simply about minimizing costs.

Whilst MoV supports the project, portfolio, programme and risk management principles of PRINCE2®, MoP, MSP® and M_o_R®, its main focus is on maximizing value.

Certify your ability to:

  • Provide a way of addressing competitive advantage by adding value.
  • Promote sustainable decision making, based on adding value, by addressing both monetary and non- monetary factors.
  • Maximize value in line with the programme and project objectives and key stakeholder requirements.
  • Provide a means to define objectives and scope clearly in terms of the organization’s and end users’ short and long term needs.
  • Supplement current management practices to increase value delivered and make better use of resources.

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HAVE A QUESTION?

FAQs

What is MoV?

Management of Value (MoV) has evolved from the tried and successful practice of value management across many sectors and over many years. The MoV guidance aligns the established methods with AXELOS Portfolio, Programme, Project & Risk Management guidance. The guidance describes methods that are not new, but their use is often overlooked or misapplied.

The guidance is intended to help organizations use a successful, proven methodology to supplement their current management practices, so that they can increase the value they deliver and make better use of resources. 

MoV joins AXELOS's suite of guides aimed at improving performance for those involved in managing Portfolios, Programmes and Projects in the public and private sectors, known as the P3RM guides (Portfolio, Programme, Project and Risk Management). It is equally relevant to improving operational efficiencies. 

The guide is structured around four integrated concepts:

Principles: factors that underpin MoV

Processes and Techniques: the methods and tools used in MoV application

Approach: How to apply MoV portfolios, programmes and projects

Environment: Responding to external and internal influences.

In addition the guide contains information on how to embed the practice of MoV into an organization and four appendices covering document outlines, a toolbox of useful techniques, how to conduct a health-check on MoV practice within an organization and, finally, how to assess and improve maturity of MoV practice.

This guide is intended to inform Senior Management who may be concerned with introducing MoV to apply to portfolios programmes, projects or operations, or to supplement other management methods to deliver strategy. There is also an Executive Guide to Value Management, a pocket sized guide, which is published separately and intended specifically for Senior Management to help them optimize the use of resources, to enhance the delivery of essential benefits and thus improve value for money.

How can I train for the MoV examinations?

Training for MoV is available from the network of Accredited Training Organizations (ATOs) who are assessed and certified by APMG-International.

Do I have to receive training to sit the exam?

No, however this is recommended. In addition to receiving accredited training, individuals also have the option of self-study to prepare for the examinations. APMG-International administer public exam sessions around the world to accommodate those who self study.

How do I sit the exams?

Most, if not all MoV accredited training organizations include the examinations as part of the associated training course. Alternatively, and for individuals that have self-studied, APMG-International administer public exam sessions around the world. Sessions are run at certain APMG-International offices. There are four dedicated centres in the UK for public examinations, and in the United States we utilize the public library network to facilitate sessions.

How much does it cost to sit the MoV examinations?

If you are sitting the examinations through an accredited training organization, the costs of the exams are generally included in the course fee. APMG-International use a global pricing structure, so for those sitting exams at a public exam centre, the cost is dependent on where the exams are being sat. To find out the cost in your region, please contact the APMG-International Service Desk on +44 (0)1494 452450 or at servicedesk@apmg-international.com.

Are there any pre-requisites for the MoV examinations?

There are no pre-requisites for the Foundation examination. Candidates must achieve a pass at Foundation level before completing the Practitioner examination.

Candidates will also need to agree to the Terms and Conditions prior to sitting their examination. Please click here to see a copy of these.

What are the main publications for MoV and where can I purchase them?

MoV has one main publication supporting the qualification scheme, published by The Stationery Office, called Management of Value. This can be purchased from APMG Business Books at: www.apmg-businessbooks.com

Most MoV accredited training organizations will include the MoV guide as part of the course fee.

Also available is An Executive Guide to Management of Value (also published by The Stationery Office), which aids the introduction and use of this method of managing value and augment current management practices, to maintain or increase benefits whist making better use of resources.

Which languages are MoV examinations available in?

MoV examinations are currently available in English only.

Which languages is the MoV guide available in?

The MoV guide is currently available in English only.

How long will it take to learn the MoV material?

As experience, ability and learning styles differ between individuals it is very difficult to provide a timescale. We suggest you buy the manual and have a look through for yourself before deciding how long you need to spend studying.
For those studying with an accredited training organization, Foundation courses are generally delivered over 3 days, while combined Foundation and Practitioner courses are generally delivered over 5 days. We recommend investigating with individual providers as many will offer tailored, distance (computer-based) and blended learning solutions.

How long are the MoV certifications valid for?

The certifications are not valid for a defined period and will not expire.

When can I expect the results of my MoV Examinations?

Foundation examinations can be marked on location after the exam, but this is down to the discretion of the invigilator at the time. Official confirmation will follow from your ATO (or directly from APMG if you self-studied).
Your result will be sent to your ATO approximately 7-10 days after your exam date. Your ATO should notify you of your results so please contact them for further details.
If you did not take your exam through an ATO, your results will be sent directly to you via APMG approximately 7-10 days after the date of your exam.

When will I receive my certificate?

A foundation certificate will be dispatched to you approximately 2 weeks after we have received your exam paper back into our offices, if you only took the foundation exam.
If you sat a practitioner or both exams, a practitioner certificate will be dispatched 2 weeks after the practitioner results have been released.
Please note that if you have taken your examinations via an ATO, certificates will be dispatched based on the preferences that the ATO selected when booking the exam. The ATO can select either an e-certificate or hard copy and whether this type is sent to the ATO or directly to the candidate.
If you have not received your certificate shortly after the above time frames please contact our Customer Interaction Team at servicedesk@apmg-international.com.

What is required to be eligible to become a MoV trainer?

To be eligible to apply to become an approved MoV trainer, individuals must hold MoV Practitioner certification.

Can I use the MoV logo?

Only organizations licensed to do so are allowed to use the MoV logo. Such organizations include MoV ATOs (Accredited Training Organizations) accredited by APMG-International. The MoV logo is a registered trademark of AXELOS Ltd and must not be used without their permission or appropriate licence. For more information please see here for copyrights.

How does my organization become a MoV Accredited Training Organization (ATO)?

An organization wishing to become a MoV ATO must first submit an application form to either the APMG-International service desk or a regional APMG-International office. Where appropriate, an invoice will be raised and the organization will then be subject to APMG-International's ATO assessment process.