Project Portfolio Management


Certificate Series Directory

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“Essentials” Series by Version:

Microsoft Project 2003/2007 Essentials
Microsoft Project 2010 Essentials
Microsoft Project 2010 Desktop Essentials
Microsoft Project Server 2010 Introduction
Microsoft Project 2013 & Project Online Essentials
The Beginner’s Guide to Microsoft Project
Microsoft® Project 2016 Essentials

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Reporting & Scheduling Series:

Microsoft Project 2010 Scheduling Essentials
Microsoft Project 2010/2013 Proactive Scheduling
Microsoft Project 2007/2010 Reporting Essentials
Microsoft Project 2010/2013 Reporting Essentials
Forecast Scheduling with Project 2013
Scheduling with Microsoft Project

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Other Series:

Managing Projects with SharePoint
Project Portfolio Management Essentials
Managing a Resource-Constrained Project
Project Online & Project Server 2013 Workflows
Beyond Macros – Customizing Microsoft Project for Non-Techies

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Project Portfolio Management

Driving project performance is not only about “doing projects right” it is about “doing the right projects”. Yet doing the right projects is more than simply individual project selection, rather it is about how the organization manages the entire mix of the business’s portfolio of projects. It is about achieving a level of visibility over project delivery that enables the business to make calculated decisions and ensure rational, accurate alignment with the business goals. It is ultimately about how the business sees projects as investments within the short, medium and long term.

Many companies and organisations are faced with a portfolio of projects that need to be managed effectively and successfully. This course will provide a framework and a range of tools and techniques to enable a project portfolio to be strategically managed including establishing guidelines, prioritising, aligning projects with strategy, balancing the portfolio and sustaining a change culture through continuous improvement.

Course Format and Credit

The course comprise of 3 sessions of 2 hours each. MPUG Certificate upon completion of series and opportunity for six hours Project Management Institute (PMI)® PDU credit.

Instructors (Full Profiles Here):

Dr. Shan Rajegopal, Global Head of Innovation and Portfolio Management Practice, Pcubed

Rich Weller, Senior Pcubed Practitioner, MBA, PMP, MCITP

Course Overview

Project Portfolio Management is about ensuring you have the correct mix of projects that are focused on taking the business where it has decided to go. It is about being able to respond quickly to changes in the environment, enabling the business to set the direction and then create a series of steps to get there.

Delegates will learn what PPM is; build an effective process using best practices and software tools to support PPM deployment, kick start the process in a realistic and workable environment with a clear understanding true costs and resource requirements, execute and implement the PPM process and embed a sustainable PPM model in their environment.

Participants will have access to templates and checklists and will gain familiarity with their use through the sessions that reinforce the learning objectives. They will also have an opportunity to obtain a prerelease copy of Dr. Shan’s latest book Portfolio Management: Executive’s Roadmap to Innovate and Invest in Successful Projects.”

You Will Learn:

  • To understand what project portfolio management is and recognize the areas of pain
  • To prepare and organize the company to accept the strategy, portfolio and benefits management process
  • To execute the project portfolio management as a change project
  • To embed and sustain the project portfolio management capability
  • To understand the use of Portfolio tools and techniques.

Who Should Attend

Business executives, sponsors, PMO staff, program managers, project managers, resource managers, project team members, and all those who are responsible for ensuring the successful delivery of projects.

Course Outline

Session 1

  • Aligning Strategy to Portfolio management process and its Value Proposition
  • Strategy, Portfolio and Benefits Management Framework
  • Triple constraint perspective exercise( where are you and where you see you are going)
  • Developing Business Case to Sell Portfolio Management Internally
  • Positioning and Scenario examples
  • Deploying Strategy, Portfolio and Benefits Framework Practices
  • Challenges and common reasons for failures
  • Purpose of knowing the portfolio and benefits maturity assessment and what need to be done to close the gap

Session 2

  • Portfolio Planning
  • Demand management
  • Categorization
  • Portfolio Prioritization (with case study using MS 2010)
  • Strategy and strategic drivers and case study examples
  • Pair wise comparison
  • Benefits Impact statements
  • Optimization process
  • Portfolio Delivery Management
  • Performance management
  • Governance

Session 3

  • Benefits management
  • Managing Complexity in the Strategy, Portfolio and Benefits Framework (with case examples using MSP 2010)
  • Dependency management
  • Risk management
  • Resource management
  • Sustaining and embedding Strategy, Portfolio and Benefits best practices
  • Q&A

Recordings:

If you are a MPUG member, you can log-in and view the recording of each session here:

 

 

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