Project Portfolio Management

This course teaches you how to take a bird's-eye view of all projects within your organization or division. With a portfolio perspective, you can improve resource utilization & planning & make appropriate decisions about adding new projects & ....

Course Outline

This course teaches you how to take a bird’s-eye view of all projects within your organization or division. With a portfolio perspective, you can improve resource utilization and planning and make appropriate decisions about adding new projects and continuing current ones. Learn to establish a methodology to evaluate, select, and prioritize projects. Develop skills to monitor resource utilization, cost, and project progress across the portfolio. The tools and techniques practiced in the class will help you select the right projects and ensure their success by establishing a portfolio that is aligned with corporate strategies and return-on-investment goals.

Students pursuing professional development units must attend at least 90% of class time, participate in class exercises and section-knowledge checks, and score at least 70% on an end of-class, multiple-choice assessment.

What you’ll learn in the class:

•     Understand why projects fail or succeed
•     Establish a methodology for evaluating, selecting, and prioritizing projects
•     Identify potential projects and determine their value
•     Select appropriate projects to support organizational strategy
•     Prioritize projects
•     Use advanced techniques to track multiple-project progress
•     Manage the enterprise resource pool
•     Analyze the portfolio and learn how to increase its effectiveness

Hands-on-exercises:

•     Assess the project portfolio of your organization
•     Choose a scenario and review organizational objectives
•     Create a charter for the PPM team
•     Design the structure of the PPM team
•     Perform a stakeholder analysis
•     Develop a business process cycle
•     Identify and categorize potential projects
•     Evaluate potential projects
•     Select the projects for your portfolio
•     Prioritize the projects in your portfolio
•     Reprioritize the projects using prioritizing techniques
•     Create a governance body and reporting criteria
•     Compile portfolio cost and schedule data
•     Prepare a periodic portfolio review report
•     Identify and manage the project risks in your portfolio
•     Monitor for changes to the portfolio
 

Who needs To attend:

PMO leaders and directors, project management center of excellence leaders and directors, senior project managers, CIOs, and vice presidents.

Course outline:

1. Ensure Project Success
•     Why projects fail
•     Why projects succeed
•     Organizational challenges of managing multiple projects

2. Project Portfolio Management
•     Introduction to portfolio management
•     The challenges of project portfolio management
•     Roles and responsibilities for the portfolio
•     Organizational change management to adopt portfolio management

3. Portfolio Management Strategy
•     How to identify and select the right projects
•     How projects support your organizational strategy
•     Identify resource and budget constraints
•     Project identification methods
 
4. Project Selection
•     Project selection criteria
•     Project selection methods
 
5. Project Prioritization
•     Project prioritization criteria
•     Project prioritization methods
 
6. Best Practices for PPM
•     Consistent approach
•     Risk analysis
•     Strategic planning
•     Balanced portfolio

Additional Details

Pre-Requisites

Prior to taking this course, you should have acquired the background as taught in PM01: Project Management or PM11: IT Project Management

Certificates offered

Professional development units: 28 PDUs

Cancellation Policy

We require 16 calendar days notice to reschedule or cancel any registration. Failure to provide the required notification will result in 100% charge of the course. If a student does not attend a scheduled course without prior notification it will result in full forfeiture of the funds and no reschedule will be allowed. Within the required notification period, only student substitutions will be permitted.

Reschedules are permitted at anytime with 16 or more calendar days notice. Enrollments must be rescheduled within six months of the cancel date or funds on account will be forfeited.

Map & Reviews

Global Knowledge
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Here are some reviews of the training vendor.

   

The facilities at Global Knowledge were great. The Instructor was very knowlegable and made it easy to learn the material. It was a very good experience:)

Reviewed by Tonia L. 2012

   

Note: We had 2 different trainers during this 3 day course. Course: Terminology should reflect North America and be consistent with our business lingo.

Reviewed by Harman M. 2012

   

Found the course very informative. I had little exposure to Sharepoint and learned a number of things I didn't know. Plan to take the next level of training

Reviewed by Michael R. 2011

   

A charged mannul would be provided for students to make notes whereever they think instructions are important as reminders

Reviewed by jinxiu z. 2011

   

The course is so expensive to be payed by oneself. In almost all the others participants their companies pay the fee.

Reviewed by Ricardo T. 2011

   

No course books were provided for us to take.

Reviewed by Hala M. 2011

   

Course was very detailed but more time would be helpful during workshops. An additional day would help lessen the course load.

Reviewed by Roydon F. 2011

   

should have discuss some case studies,,overall A+

Reviewed by Syed A. 2011

   

Our instructor was very knowlegable and he provided excellent real life stories.

Reviewed by Stephen W. 2011

   

The course was very relevant. I was able to apply the knowledge I aquired in the course to my job on the very next day. The only complaint I have is with the temperature of the room. It was freezing! Students has to wear a jacket or sweater. We were told the temp gage was shared with another classroom that was quite warm so they had turned the temp very low causing our room to be very uncomfortable.

Reviewed by Yasmine I. 2011

   

Given the cost of the course, the hardcopy of the manual should have been provided. It would have been useful to make notes alongside the material as we went along.

Reviewed by Jeff P. 2011

   

I am very disappointed with the handouts. I was told I could go online and download a copy of the manual, the problem is that I would like the printed copy of the manual. I chatted online with one of your technitian who was unable to help me. Then I was told someone would contact me by phone to help me. That never happened. When taking a training course, a person EXPECTS to leave the course with ALL the material.

Reviewed by Betty M. 2011

   

Great course provider, keep it on your roaster

Reviewed by Catherine G. 2011

   

Course content and labs were very good, everything worked as expected.

Reviewed by Francisco C. 2011

   

I really enjoyed this course and was surpised how ell everything was run...enjoyed the instructer very much (Par) and would like to take an other course with him. I wish we could have taken the work book home with us though!!!

Reviewed by gail h. 2010