What is MoV®?
Management of Value (MoV®) provides essential guidance on the most efficient use of resources to maximize the benefits from portfolios, programmes and projects. MoV supplements the main purposes of PRINCE2®, MSP® and M_o_R®, but its focus is on maximizing value.MoV combines a set of principles, processes and techniques.
Benefits of MoV
Proposes a definition of value that embraces both monetary and non-monetary benefits
Provides a method, supported by techniques for allocating funds as effectively as possible
Allows you to increase the value you deliver and make better use of resources
Highlights the best way to respond to both external and internal influences
How it works
The guidance is structured around principles, themes and processes:
The principles are based on tried-and-tested practices, and successful value management is unlikely to be achieved if these are not adopted
The themes are continuous activities that need to be carried out to ensure the application of the principle delivers the promised value
The set of processes define the structure of the approach and use specialist techniques to supplement the business case and provide a practical approach to achieving results.
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MoV® is a registered trade mark of AXELOS Limited
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