Project Portfolio Management

Course Overview

Portfolio Management makes sure that an organization can use its selection of projects and successfully execute them. It talks about the unified administration of at least one portfolio to accomplish strategic targets. Research demonstrates that Portfolio Management is an approach to fill in the gap among strategies and its implementation. You will be able to figure out how to manage different sections of Portfolio Management and will have hands-on experience on the different tools and strategies that will help you during your daily work. You will figure out how to make distinction among operational and strategic Portfolio Management with incorporation of strategic framework, inside and out discourses regarding tools selection, decision techniques, reporting metrics, and so on.

Course Objectives

  • Streamline your portfolio setup using formal procedures incorporated inside your organizational administration
  • Analyze the key strategies and the linkage of business portfolios with project portfolios
  • Expand the value of portfolio management by having familiarity with the business objectives and applying various strategies
  • Define criteria for accomplishing the organization’s strategies/policies and
  • Setting metrics for measuring progress
  • Master portfolio administration reporting
  • Understanding how to oversee resourcing demand

Course Content

  • Defining the context of portfolio management
  • Links of organizational aspect with portfolio management and its influence
  • Portfolio management and its significance for strategic success
  • Definition of business and project portfolios
  • Operational portfolio management
  • Project portfolio metrics and its application
  • Tools of portfolio management and its techniques
  • Identification of project and its categorization
  • Project evaluation and selection
  • Portfolio balancing and prioritization
  • Projects authorization
  • Controlling and monitoring from the operational and strategic perspective
  • Portfolio reporting and its review
  • Risk management and strategic opportunity
  • Resource allocation and schedule of short and long term portfolio

Course Methodology

The training is going to be highly interactive combination of lectures, group discussions, questionnaires, individual reflections, role plays, simulations and videos.

Target Audience

Project, program and portfolio managers, members of the Project Management Office (PMO), project teams, and all other stakeholders of the projects.

Duration

02 Days (08:30–14:30) with appropriate breaks for tea/refreshments and lunch.

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