MoP seeks to build on, and better co-ordinate, existing processes like 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 approaches the management of change projects and programmes from a strategic viewpoint, focusing on the key issues outlined above.
The Foundation qualification confirms that a candidate has sufficient knowledge and understanding to work as an informed member of a Portfolio Office or in a range of portfolio management roles. The MoP Foundation course can be completed in 3 days including the Foundation Exam for international certification.
Portfolio management addresses the fundamental questions:
- Are we doing the right things?
- Are we doing these things right?
- Most significantly, are we realising all the benefits in terms of more effective services and efficiency savings from the changes we are implementing?
MoP is structured around five flexible principles within which the two cycles and the 12 portfolio management practices exist.
All portfolio management principles, cycles and practices are used at the same time albeit at varying levels of intensity, depending on the organization and the environment in which it works.
The MoP guidance walks you through each principle, cycle and practice explaining the theory in detail at the same time as backing theory up with real world examples and useful ‘keys to success’.
MoP Foundation is available in classroom mode (see links) or as an online option.
MoP Foundation Exams are available online after completing a Yellowhouse course.