The Management of Portfolios (MoP) course is focused on portfolio level project management – sometimes referred to as Project Portfolio Management.
Like PRINCE2 and Managing Successful Programmes, the course comes in two levels – Foundation and Practitioner.
Why should I take the course?
PMO practitioners have chosen MoP because they’re working at a portfolio level – within a Portfolio Management Office or an Enterprise PMO (ePMO). In this type of role, it is important to understand how portfolio management determines which projects and programmes an organisation decides to do and when.
There’s long been a saying that portfolio management is about doing the right projects and project management is about doing the projects right.
For PMO practitioners with minimal experience in portfolio management, the Foundation level is the place to start. For the more experienced, and especially those working in PMO management, the Practitioner level should also be undertaken.
For a PMO practitioner, it is important to understand some of the key themes such as investment appraisals, business case development and portfolio prioritisation.
MoP is particularly useful if you are setting up a Portfolio Office or organisation-wide PMO and are looking for best practice to inform your approach to implementation.
You have two options, take the MoP Foundation or take both the Foundation and Practitioner together.