Management of Portfolios (MoP®) supports senior executives and decision-makers in understanding how portfolio management can maximize return on investment, while they start and sustain transformation. Management of Portfolios (MoP) comprises of principles, techniques, and practices which assist organizations in the successful adoption of portfolio management.
Management of Portfolios is focused on the change delivered by project and programme management as a whole, rather than the work of individual initiatives. It is closely aligned with PRINCE2® and MSP®.
Back in 2009-10, reports from the UK government’s capability reviews, as well as from the National Audit Office, had highlighted the importance of improved prioritization of investment in change. The challenge of ensuring successful delivery and realizing the full benefits was not only a public sector issue, realizing efficiency savings and contribution to strategic objectives, are of relevance across all sectors of the economy and in all jurisdictions.
This is where portfolio management plays a critical role in facilitating organizational survival and growth – by better coordinating investment in programmes and projects, improving the management of risk, encouraging collaborative working and by providing accurate, timely information that enhances management decision-making. By correctly applying Portfolio Management organizations are able to:
The Management of Portfolio (MoP) guide has been prepared to provide practitioners with the grounding to apply portfolio management within a wide variety of organizations. As such it encompasses consideration of the principles upon which effective portfolio management is based; the key practices, including examples of how they have been applied in real-life situations; and guidance on how to implement portfolio management and sustain progress.
The first MoP guide was published in 2010 and was primarily aimed at senior executives and decision makers. The current version of MoP Guide published in 2011 has since become a widely accepted guidance for implementing Portfolio Management within public and private sectors successfully and is aimed at:
The porftfolio definition cycle (as per MoP) consists of following five steps:
The porftfolio definition cycle (as per MoP) consists of following continuous management areas:
Management of Portfolios (MoP) certification trainings are provided by PeopleCert's Accredited Training Organizations (ATOs) across the globe. Tecknologia is also a PeopleCert Accredited Training Organization (ATO) offering Management of Portfolios (MoP) certification trainings across the globe and in various formats.
| Certification Level | Course Duration (Virtual Classroom) | Course Duration (Classroom) | Certificate Valid for |
|---|---|---|---|
| MoP Foundation | 2 Days | 2 Days | 3 Years |
| MoP Practitioner | 2 Days | 2 Days | 3 Years |
| MoP Foundation & Practitioner | 4 Days | 4 Days | As above |
Click on the links for certification levels to explore the pre-requisites, exams and other details.
Management of Portfolios (MoP) is a portfolio management framework which is focused on the change delivered by project and programme management as a whole, rather than the work of individual initiatives. It is closely aligned with PRINCE2® and MSP®.
Prices vary depending on the mode of delivery, location, deliverables and the quality of training delivery. Typically Management of Portfolios online training costs between £1700 and £2500.
Following are the pass marks details for Management of Portfolios (MoP) exams:
Management of Portfolios qualifications have helped tens of thousands of professionals globally enhance their skills and achieve their professional ambitions. Professionals holding MoP accreditation stand a better chance of being invited for an interview and definitely stand a better chance being offered a role afterwards.
MoP can be a very valuable addition to the list of professional qualifications and accreditations which can help achieve professional growth within organisations, without a need to switch jobs/ employers.
Management of Portfolios (MoP) has been, in the past, and is very much relevant today for managing change across the organisations via mega programmes and projects.
Management of Portfolios (MoP) is aimed at senior management team members and decision-makers and it is not suitable for beginners.
While MoP certification exams are hard, there is not rocket science involved and anyone with correct level of attention, training and devotion can definitely achieve success in the exams.
MoP foundation pass rate remains around 90% and MoP practitioner pass rate is around 75% globally, in first attempt. There are training organisations selling false promises of close to 100% success rate in both exams, caution is advised with such organisations.
It is absolutely possible to achieve MoP exam(s) success while relying on self study. However, high standard MoP training can accelerate the process, along with exam success probability, for sure.
Management of Portfolios (MoP) Foundation and Practitioner certifications are considered to be professional qualifications only. These qualifications are widely recognised and sought after globally, however, they are not the same as a college or university degree. Some quarters believe that MoP Practitioner qualification is equivalent to UK NQF 5/6 - Tecknologia has no grounds to confirm this.
There is no negative marking in MoP exams. No marks are deducted for a wrong answer.
Both MoP Foundation and Practitioner certifications have validity of 3 years from issuance date. Candidate must retake both exams within 3 years to maintain their certifications. Alternatively, candidates can log Continuous Professional Development points (CPDs) over three years, via paid PeopleCert membership, to maintain certifications.