Management of Value (MoV) Foundation


Our classroom training provides you the opportunity to interact with instructors and benefit from face-to-face instruction.


Catering to the demands of busy professionals, our virtual training programs are as effective as face-to-face learning.


Our Corporate training provides you the opportunity to interact with instructors and benefit from face-to-face instruction.


High quality training from Certified & Industry Experts

Earn 16 PDUs

Course Completion Certificates

Reimbursement guaranteed if the training is not satisfied

Extensive documentation provided

Our approach is both practical and inspirational. Our training is carefully designed and tested to develop the key skills and confidence needed while being highly participatory and fun

This 2-day interactive MoV Foundation course provides a modular and case-study-driven approach to learning Management of Value (MoV). The core knowledge is structured and comprehensive, and well-rounded modules cover the methodology and various techniques. A case study is used to help appreciate the relevance of MoV in its practical application.

Course introduction:

●      Introduction to value management and MoV
●      Value and Value Management
●      Capabilities, Outcomes, Benefits and Disbenefits
●      What is Value?
●      What is Management of Value (MoV)?
●      Why use MoV?
●      Where use MoV?
●      When MoV should be used?
●      What using MoV involve?
●      Selected MoV benefits
●      Relationship with other AXELOS Global Best Practices and Models
●      How MoV fits with other AXELOS Global Best Practice Guides

MoV principles

●      Align with organization’s objectives
●      Focus on functions and required outcomes
●      Balance the variables to maximize value
●      Apply throughout the investment decision
●      Tailor MoV to suit the subject
●      Learn from the experience and improve
●      Assign clear roles and responsibilities and build a supportive culture

MoV processes

●      Frame the program or project
●      Gather information
●      Analyse information
●      Process information
●      Evaluate and select
●      Develop Value Improving Proposals
●      Implement and share outputs


MoV techniques

●      Function Analysis
●      Function Analysis System Technique (FAST)
●      Traditional (or classic) FAST
●      Technical FAST
●      Customer FAST
●      Value Trees
●      Measuring value
●      Value profiling (a.k.a. value benchmarking)
●      Simple multi-attribute rating technique (a.k.a. SMART)
●      Value index
●      Value metrics
●      Value for money (VfM) ratio
●      Value Engineering / Analysis

Recap Day 1

Common techniques used in MoV

●      Analysis of information
●      Benchmarking
●      Process Mapping
●      Root Cause Analysis
●      Discounted Cash Flow Analysis
●      Generating Ideas
●      Brainstorming
●      Evaluation and option selection
●      Option Selection Matrix
●      Idea selection
●      Allocation to Categories
●      Idea Selection Matrix
●      Weighting techniques
●      Paired Comparisons
●      Points Distribution
●      Developing VIPs
●      Developing Proposals
●      Cost-Benefit Analysis
●      Building Decisions
●      Implementing VIPs
●      Implementation Plans
●      Feedback
●      Following up
●      Tracking Benefits

Approach to Implementation

●      A generic approach to MoV implementation
●      Plan the MoV activities
●      Understand and articulate value
●      Prioritize value
●      Improve value
●      Quantify value
●      Monitor improvements in value
●      Learn lessons

Environmental factors

●      Portfolio Considerations
●      Programme considerations
●      Project considerations
●      Operational Considerations


●      Embedding MoV into an organization
●      Benefits of Embedding MoV into an organization
●      MoV Policy
●      MoV Policy – Composition
●      Embedding MoV into an organization – Key steps
●      Suggested MoV Management Structure
●      Overcoming barriers
●      We do it anyway
●      It takes up too much time
●      We can’t afford to make the changes
●      What’s in it for me?
●      Don’t fix it if it ain’t broke
●      Fixed returns on investment

MoV products

●      Briefing Meeting Agenda (A.1)
●      Communications Checklist (A.2)
●      Equipment list for an Effective Study/Workshop (A.3)
●      Invitation to join the Study Team (A.4)
●      Option Evaluation Matrix (A.5)
●      Plan the Study (A.6)
●      Recording Idea Selection (A.7)
●      Reporting Study outputs (A.8)
●      Scoping the Study (A.9)
●      Study or Workshop Handbook (A.10)
●      Value-Improvement Proposal Forms (A.11)
●      Value Improvement Tracking Report (A.12)

MoV toolbox

●      MoV health check and maturity model
●      P3M3 Maturity Model
●      MoV Maturity Model (aligned with P3M3)

Recap Day 2

●      The main processes and techniques used within MoV and the reasons for using them
●      How MoV may be applied at portfolio, program, project, and operational levels
●      The differences in applying MoV at different stages in a project and the expected outputs from an MoV Study at each stage
●      The circumstances under which MoV should be used
●      The concept of the value and how value may be improved
●      The main benefits arising from the use of MoV
●      Approaches for implementing MoV
●      How to respond to external and internal influences
●      The principles of embedding MoV into an organization
●      The key topics in document checklists, the toolbox, health check, organizational maturity and individual competence.

Day 1

●      Introduction to value management and MoV
●      MoV principles
●      MoV processes
●      MoV techniques
●      Recap Day 1

Day 2

●      Common techniques used in MoV
●      Approach to implementation
●      Environmental factors
●      Embedding MoV into an organization
●      MoV products
●      MoV toolbox
●      MoV health check and maturity model
●      Recap Day 2

The course will be of benefit to all levels of management including:

●      Corporate Managers – responsible for instigating MoV studies with a view to starting new programs or projects
●      Program Managers – responsible for making sure programs deliver the best value solutions taking into account the views of the stakeholder’s
●      Project Managers – responsible for delivering products from their projects that represent the best value for money solutions
●      Operational Managers – responsible for undertaking MoV studies to assist in reviewing operational procedures and improving efficiency
●      Any other professionals who have an interest or responsibility for Management of Value within their organization

What does Mangates provide me on the day of the course?

We provide Course Materials, Course Completion Certificate and Refreshments

What experience does Instructor has?

All our Instructors are Certified & Industry Experts and they have years of experience in the same filed.

Do you provide a group discount for classroom training programs?

We do Provide Group Discounts such as 10% for group of 3, 15% for group of 5 and 20% for the group of 10 people.

If I cancel my Enrollment, how can I claim my Refund?

You can request a refund by sending an email to and within 7 working days you get your money back. © 2019 . All rights reserved.