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Management of Portfolios (MoP™) Foundation and Practitioner

The MoP (Management of Portfolios) guidance developed by AXELOS provides a set of principles, techniques and practices to introduce or re-energise portfolio management. MoP helps organisations consistently answer the fundamental question: Are we sure these investments are the best for us and will they help us achieve our strategic objectives?

Portfolio management helps organisations make decisions about which are the most efficient projects and programmes to take the organization forward to deliver their strategies. While project and programme management is concerned with managing  projects well, portfolio management is concerned with choosing to implement the right projects.

The MoP (Management of Portfolios) guidance developed by AXELOS provides a set of principles, techniques and practices to introduce or re-energise portfolio management. MoP helps organisations consistently answer the fundamental question: Are we sure these investments are the best for us and will they help us achieve our strategic objectives?

MoP defines portfolio management as: “A coordinated collection of strategic processes and decisions that together enable the most effective balance of organisational change and business as usual.” MoP is a good framework that enables organisations to allocate budgets when there are competing demands.

Rather than representing a new discipline, portfolio management builds on, and better coordinates, existing processes such as strategic planning, investment appraisal and project and programme management. Portfolio management is not concerned with the detailed management of these projects and programmes; rather, it’s value is in helping organisations to choose which projects and programmes to select and support to deliver the organisational objectives.

Unlike most methods, all portfolio management principles, cycles and practices are used at the same time, though at varying levels of intensity, depending on the organisation and the environment in which it works.

AXELOS and MoP are trade marks of Axelos Limited. All rights reserved.

 

Managing Successful Programmes® Training Course

Managing Successful Programmes (MSP®) is the most popular programme management training course.

MSP helps with the successful delivery of transformational change. It is recognised as key to enabling organisations to manage change, MSP is being used and adopted more and more within both public and private sectors.

The MSP framework is based on three core concepts:
MSP Principles. These are derived from positive and negative lessons learned from programme experiences. They are the common factors that underpin the success of any transformational change.
MSP Governance Themes. These define an organisation’s approach to programme management. The help an organisation to put in place the right leadership, delivery team, organisation structures and controls, giving the best chance for success.
MSP Transformational Flow. This provides a route through the lifecycle of a programme from its conception through to the delivery of the new capability, outcomes and benefits.

The MSP framework is especially useful in today’s climate where organisations are constantly adapting to or leading change. Organisations must learn how to adapt and transform themselves through effective leadership and strategic control in order to survive and prosper. Programme management enables organisations to manage that transformation. Where there is major change there will be complexity, risk, many interdependencies to manage and conflicting priorities to resolve. MSP provides a structured framework and approach to programme management that can help organisations avoid pitfalls and achieve their goals.

Gaining a certification in Managing Successful Programmes at Foundation level can be achieved in three days, with Practitioner being able to be gained in a further two days. We deliver MSP training courses in our Wellington training centre throughout the year. For more information and to register for our training course click here

We also deliver this course for clients on your premises. To discuss this option please get in touch with us at info@projectplus.co.nz or telephone 04 495 9100.

 

Managing Successful Programmes is a registered trade mark of AXELOS. All rights reserved.