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MOVF Exam Format | MOVF Course Contents | MOVF Course Outline | MOVF Exam Syllabus | MOVF Exam Objectives

EXAM CODE: MOVF

EXAM NAME: Management of Value Foundation



40 minutes duration

Closed book

50 multiple-choice questions

50% pass mark



Delegates are introduced to the world of the Management of Value and to the overall structure of MOV.



What is value

What is MoV

Why it is needed

Its place in the Cabinet Office Best Practice Guidance

Its relationship to other management methods

The 7 MoV Principles



MOV operates within a universal set of principles that can be applied to any environment. These seven principles provide the framework of good practice upon which MOV is based and include:



Align with organisation's objectives

Focus on functions and required outcomes

Balance the variables to maximise value

Apply throughout the investment decision

Tailor to suit the subject

Learn from experience and improve performance

Assign clear roles and responsibilities and build a supportive culture

The 7 MoV Processes



The seven MOV processes provide a clear plan for implementing the outputs and monitoring their effective delivery.



Frame the programme or project

Gather information

Analyse information

Process information

Evaluate and select

Develop Value Improving Proposals

Implement and share outputs

MoV Techniques



This part of the course covers the MoV specific techniques and common techniques that are frequently used with MoV.



Implementing MoV



The implementation, embedding and need for embedding MOV into an organisation is covered here and includes:



Planning MoV activities

Responding to external and internal factor.

Portfolio, Programme, and Project considerations

Operational considerations

Embedding MoV into an organisation

MOV Foundation Exam



All delegates will sit the MoV® Foundation examination, which consists of:



Key exam information:



Throughout the MOV Foundation course, delegates will be exposed to numerous examples of examination questions. We will undertake a number of exercises and 'question-and-answer' sessions that will help consolidate the learning, thereby ensuring that delegates are more than adequately prepared for the final examination.



MOV Practitioner Exam



The purpose of the Practitioner qualification is to confirm that you have achieved sufficient understanding of how to apply and tailor MoV in a scenario situation. The experience of the individual, the level of support available and the complexity of the situation to which MoV is to be applied will be factors that impact what the Practitioner can achieve.



PeopleCert exams take place remotely via PeopleCert Online Proctoring, and the afternoon of the third and last day of your course will continue with your learning until approximately 4.00pm. When booking your exam please ensure that it is for a time after the course has concluded and at a time convenient for you. You will be required to download and install ExamShield and conduct a compatibility test prior to sitting the exam.



Objective testing



8 questions per paper with 10 marks available per question - all question items are worth 1 mark, making the total number of marks available per paper 80



Duration 2 ½ hours

Open book exam - only the MOV manual is permitted to be used

50% pass mark

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