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If you are planning to take the PEOPLECERT Management of Portfolio Foundation (MOP) exam, then you need to know what topics are covered, what the exam objectives are, and how you can pass the exam. The MOP certification is designed to provide candidates with the knowledge and skills required to manage a portfolio of projects or programmes effectively. In this article, we will discuss the exam objectives, the exam process, the prerequisites for taking the exam, and the related books that can help you prepare for the MOP exam.
Exam Objectives:
The exam objectives for the PEOPLECERT Management of Portfolio Foundation (MOP) exam include:
- Understanding the principles, cycles, practices, and techniques of portfolio management
- Defining and implementing the management of portfolios
- Aligning portfolios with organizational strategy and objectives
- Optimizing investment and prioritizing resources
- Identifying and managing risks and opportunities in portfolios
- Establishing and maintaining effective communication and collaboration between portfolio management and other business functions
The exam format consists of multiple-choice questions, and you will have 60 minutes to answer 50 questions. The passing mark is 50%, and the exam is available in two delivery methods: paper-based or online. The cost of the exam may vary depending on your location, but it typically ranges from $250 to $350.
Exam Details:
- Number of questions: 50
- Format: Multiple-choice
- Time limit: 60 minutes
- Passing mark: 50%
- Delivery method: Paper-based or online
- Cost: $250 to $350 (may vary by location)
The PEOPLECERT Management of Portfolio Foundation (MOP) exam is suitable for anyone who wants to gain a basic understanding of portfolio management. However, it is particularly relevant to project and programme managers, business analysts, and IT professionals who are responsible for managing portfolios of projects or programmes. There are no formal prerequisites for taking the MOP exam, but it is recommended that candidates have some experience in project or programme management.
Related Books:
Here are some books that can help you prepare for the PEOPLECERT Management of Portfolio Foundation (MOP) exam:
- Management of Portfolios: A Practical Guide by Great Britain Office of Government Commerce
- Portfolio, Programme and Project Offices (P3O) by Axelos
- Project Portfolio Management: A Practical Guide to Selecting Projects, Managing Portfolios, and Maximizing Benefits by Harvey A. Levine
- The Standard for Portfolio Management by Project Management Institute
- Portfolio Management: A Strategic Approach by Peter Morris
These books cover various topics related to portfolio management, such as portfolio governance, portfolio performance management, portfolio risk management, and portfolio optimization. They provide practical advice, case studies, and best practices that can help you prepare for the MOP exam.
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