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Project Portfolio Management

Project Portfolio Management

Attendees: Project, program and portfolio managers, managers of PMOs
Duration: 2 days (16 hours)
 

THE COURSE SUMMARY:

 
INTRODUCTIONS:
  • What is a “Portfolio” and how does it differ from a “Program”?
  • What different types of Programs may exist in an organization?
  • How do “Projects” come to be grouped together in Programs or Portfolios?
  • How do Portfolios, Programs and Projects fit together within an organization?
  • How does the “best practice” view compare to your own organization’s understanding of the definitions and the interrelationships?
BUILDING A PORTFOLIO:
  • Identifying and analyzing Portfolios and Programs of Projects within your own organization
  • Selecting the “best projects” for inclusion in a portfolio or program
  • Commonly used project selection tools and approaches
  • Some less familiar means of determining project selection
  • Portfolio authorization and prioritization of Programs and Projects within a Portfolio
  • Establishing Portfolio Governance
  • Critical Success Factors for successful Portfolio Management
REVIEW OF DIFFERENT PMO MODELS:
  • From “Project Office” to “Centre of Excellence”.
  • The PMO as a “value-added” function.
  • What model is the PMO in your organization?
THE STRATEGIC PMO:
  • Creating an action plan for the development of Strategically-driven Portfolio Management in your organization
  • Gathering the initial portfolio information
  • Defining the goals, resources and assets for portfolio
  • Linking projects; goals, resources and assets
  • Defining the organization’s strategic resources
  • Prioritizing projects according to your defined acceptance criteria
  • Examining portfolio balance
  • The Role of Software Tools for Project Portfolio Management
  • Conclusions

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