MoP® Foundation Practice Exam
The MoP® (Management of Portfolios) Foundation Exam, offered by Axelos, validates your understanding of fundamental portfolio management principles and practices. Earning this certification demonstrates your ability to contribute effectively within a Portfolio Management Office (PMO) or in various portfolio management roles.
Who Should Take This Exam?
The MoP Foundation Exam caters to a broad audience, including:
- Project and Program Managers: Gaining insights into how projects and programs contribute to the overall organizational portfolio.
- Business Analysts and Change Managers: Understanding how business goals translate into portfolio management decisions.
- PMO Professionals: Building a foundational knowledge base for working within a PMO environment.
- Anyone New to Portfolio Management: Individuals seeking an introduction to core portfolio management concepts.
Are There Prerequisites?
There are no formal prerequisites for taking the MoP Foundation Exam. However, a basic understanding of project management terminology and practices would be beneficial.
Roles and Responsibilties
- PMO Support Analyst: Providing administrative and data management support within a PMO.
- Portfolio Analyst: Assisting with portfolio data collection, analysis, and reporting.
- Junior Business Change Analyst (Portfolio Focus): Supporting the implementation of portfolio-driven business changes.
Exam Details
- Vendor: Axelos
- Exam Name: MoP Foundation Exam
- Exam Format: Multiple-choice questions (typically 70 questions)
Course Outline
The MoP® Foundation Exam covers the following topics -
Module 1 - Overview
- The definitions of portfolio and portfolio management.
- The portfolio management model and the relationship between the principles, cycles, practices and relevant techniques.
- The names of the portfolio definition practices.
- The names of the portfolio delivery practices.
- The scope of portfolios and portfolio management and the differences from projects/project management and programmes/programme management.
- The local circumstances that will affect how the MoP principles and practices will be adapted and how cost effective approaches can be adopted.
- The objectives and benefits of portfolio management.
Module 2 - Implement, sustain and measure
- The three broad approaches to implementing portfolio management.
- The benefits of assessing the impact of portfolio management.
- When each approach to implementation is most relevant, the advantages of planned approaches to implementation, and the first seven steps (and their benefits) in a staged implementation of portfolio management.
- The factors to consider in sustaining progress.
- Approaches to assessing portfolio management maturity and the impact of portfolio management including examples of performance metrics that can be employed