Project Portfolio Management Workshop (Certificate)

IIL CANADA
Calgary, Toronto, Vancouver, Canada

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' This workshop defines the strategy, processes, information, analysis and deliverables of an effective portfolio management approach. You will learn how to proactively identify, select, de-select and nurture a balanced and desirable mix of projects. Effective portfolio management improves the multi-project flow through the organization (speed and quality) by minimizing unnecessary multi-tasking and priority changes.

The goal of this course is to provide participants with knowledge of the components, importance and challenges of implementing enterprise-level project portfolio management (PPM) based upon the organization’s strategic business goals.

Who Should Attend
�People who support portfolio management decision-making processes for the selection and prioritization of projects.
�Project Management Office (PMO) team members responsible for or with an interest in developing and managing their project portfolio(s).

Performance Focus
�Defining the objectives of project portfolio management and the project portfolio process
�Strategic planning as it relates to portfolio management
�Linking the project portfolio with the resource portfolio and the asset portfolio
�Prioritization, improving project flow and ROI
�Managing resource pools and the strategic resource(s)
�Avoiding the trap of becoming too involved in the details
�Roles and responsibilities of the PMO, executives and others
�Ensuring project ownership and sponsorship

What You Will Learn
You’ll learn how to:
�Define the five fundamental components of the enterprise level project portfolio management process (PPM)
�Identify the components of PPM, including information requirements, principle performers and the relationship among the major activities
�Relate the principles of enterprise-level portfolio management to business strategy and organizational performance
�Evaluate specific techniques, tools and models for project selection, prioritization, resource management and portfolio balancing
�Navigate the organizational change that is required to implement or improve your portfolio management process
�Recognize the benefits and challenges of implementing portfolio management within the business

Course Overview
Portfolio Management Framework
�Portfolios, programs and projects
�The enterprise project management framework
�Business and project success
�Costs, benefits and issues of implementing portfolio management
�The spiral project portfolio management model

Defining the Portfolio Management Process
�The project portfolio management process
�Portfolio management models (PPM)
�Enterprise-focused process models
�PPM process using the UPMM model
�Managing multiple projects within the PPM process

Applying Business Strategy to the Portfolio
�Business strategy and project portfolio management
�Using a business case to iterate and refine project and portfolio scope
�Portfolio management and ongoing business operations
�Project selection based upon business drivers and strategy
�Project gating activities

Organizational Factors and Influences
�Organizational change
�Organizational environment
�Organizational process maturity and portfolio management
�Key stakeholder roles and responsibilities
�The role of the strategic enterprise project management office

Acquiring the Right Information
�Key data elements within an enterprise project portfolio
�Types of project portfolio data elements
�Relationships between the basic types of portfolio data elements
�Measuring portfolio performance
�Using checklists to acquire and use portfolio information contents

Analyzing, Balancing and Optimizing the Portfolio
�A balanced enterprise-level project portfolio
�Numeric and nonnumeric approaches to portfolio project selection and scoring
�Techniques for deriving the weights and scores used within the selection and scoring process
�Analyzing portfolio contents within the constraints of the business
�Three typical portfolio categorization schemes

Survey of Enterprise PPM Tools
�Why Use PPM Tools?
�The Three Levels of Tools
�Effective Selection and Use
�Available Tools and Product Suites

Applying Portfolio Management
�Creating a Project Portfolio
�Refining the Portfolio Contents
�Root Cause Analysis
�Managing Resistance to Change

Recap & Closing
...''

Phone:416-840-5960

School Address:

Royal Bank Plaza, South Tower, 200 Bay Street, Suite 3240, Toronto, Ontario M5J 2J1 Canada

Jobs & Resumes: Calgary, Toronto, Vancouver
Houses & Roommates: Calgary, Toronto, Vancouver

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