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Learn what it takes to maximize the number & strategic value of the projects that your organization completes. This course is designed for anyone involved in the development & execution of organizational strategy. Not recommended if you have taken IT Ris

  • Course Start Date: Feb. 5
  • Location: Virtual (Map)
  • Time: 12:00 pm - 6:00 pm (Note on end times)
  • Please Note: End Times are approximate and depend
    on the number or students and pace of the class.
    It is important to allow for the class to run a little bit longer,
    or finish a little sooner, than expected.
  • Duration: 4 days
    12:00 PM - 06:00 PM
  • Delivery Method(s):Virtual Instructor Led
  • Mentored training is a revolutionary training method
    that provides you with the quality training that
    you have come to expect, and combines it with
    flexible learning and a self paced environment.
    For more information click here.
  • Discount Seats Available:2
  • Category:Fundamentals of Project Management

 
Course Outline
Learn to manage project portfolios to meet your organization's strategic objectives.

In this course, you will learn what it takes to maximize the number and strategic value of the projects that your organization completes. This course is designed for anyone involved in the development and execution of organizational strategy. This course is not recommended if you have taken IT Risk Management.

What You'll Learn
  • Differentiate project portfolio management from other management disciplines
  • Relate projects to an organization's strategic objectives
  • Explain what is involved in project prioritization in large, complex organizations
  • Develop and apply a project prioritization model that incorporates the many and varied aspects of project value
  • Prioritize projects on the basis of their strategic value
  • Schedule projects on the basis of strategic priorities so as to maximize the benefits derived from an organization's ability to complete projects
  • Maximize the volume of projects that can be completed by developing defensive capacity of non-limiting resources
  • Maximize the value of projects that are completed by ensuring the right projects are being completed in the right order
  • Simplify the portfolio management process by focusing management attention on the bottlenecks to project completion
  • Relate portfolio management success to the contribution made by the Project Management Office
Who Needs to Attend
  • Senior executives responsible for organizational strategy
  • Managers responsible for developing organizational strategy or for making strategic recommendations
  • Portfolio managers, project managers, and program managers
  • Members of portfolio, program, or project offices
  • Operational managers who are impacted or impact portfolios
  • Project team members, customers, and other stakeholders of the portfolio management process
Follow-On Courses
  • Leading Complex Projects (PM86)
  • Project Troubleshooting and Recovery (PM83)
Course Outline
1. Portfolio Management Foundations
  • Organizational Project Management
  • Portfolio Management and Organizational Strategy
  • Roles and Responsibilities of a Portfolio Manager
  • PMI View of Portfolio Management
2. Project Success and Portfolio Management
  • Role of Portfolio Management in Project Success
  • Effective Portfolio Management
3. Executive Involvement in Portfolio Management
  • Executive Involvement
  • Capacity Management
4. Strategic Alignment
  • Value Considerations
  • Project Prioritization
5. Considerations Other than Strategic Alignment
6. Metrics
7. Project Portfolio Management Complications
8. Role of the Project Management Office
Hands-on Exercises:
  • Terminology
  • Efficiency of Multitasking
  • Strategic Priorities and Conflicts
  • Limiting Resources
  • Organizational Constraints
  • Strategic Assets
  • Conduct a Strategic Evaluation
  • Develop a Preliminary Prioritization Model
  • Improve a Project Valuation Model
  • Perform a Project Analysis
  • Prioritize Projects

Prerequisites & Certificates
Pre-Requisites

Project Management Fundamentals (PM01) IT Project Management (PM11)

Certificates offered

Certificate of completion


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.
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Global Knowledge
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I have taken GK courses in the past and this one lived up to my expectations. I will continue to recommend GK for training purposes.
Reviewed by 2017
5-February-2018 $1916 Regular Price $2395 Register for this course

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