Thursday, 17 August 2017

The Basics of MOV and Why You Should Sign Up for a Training Course

Management of Value or MoV is a method that teaches you some essential skills which will prove to be useful in your professional life. In simple words, it can be said that MoV offers expert guidance on the best possible use of resources. Only with optimum resource management and utilisation can one ensure programs or projects that you are working on realise optimal value for one’s organisation.

MoV helps you understand how the value of a particular resource is to be determined so that it can be put to the best possible use. This definition of value as proposed by MoV talks about both non-monetary as well as monetary benefits.

One of the most important things that have to be understood is that the value of a resource is not constant. It can change subjectively and hence, proper management becomes even more important. MoV training in London combines a variety of techniques and processes.

MoV Training: 

  • The principles of MoV are based on tried and tested methods that have been used by professionals for several years. Training programs make participants aware of the basic principles before moving on to more detailed and subjective discourses.

  • After you are well-versed with some of the grassroots principles of this value management methodology, the next stage is much more demanding. Here, the various processes and techniques of MoV are discussed.

  • The next stage take a more practical turn and deals with the application of MoV to operations, programs, portfolios and projects. It teaches the participant how value management is to be approached in the best possible way.

  • Not only will you be trained to apply MoV in practical scenarios but also how to use it compatibly with other external factors and influences.

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