Portfolio Management

The portfolio constitutes a grouping of projects, programs, subsidiary portfolios, and operations managed collectively to achieve strategic objectives. Aligned with organizational strategies, portfolio management is crucial for monitoring investment decisions, selecting an optimal mix of programs and projects to meet strategic goals, improving the likelihood of desired return on investment, and consolidating the management of overall risk profiles. This course comprehensively covers all aspects of projects and project management, spanning from project initiation to closure.

Program Objectives

• Develop proficiencies in steering portfolio management across all domains and processes realistically.
• Introduce effective tools and techniques for best practice portfolio management applicable in organizational settings.
• Enhance Portfolio Manager capabilities to oversee multiple portfolios, contributing to the achievement of organizational strategic goals.
• Learn methods for forecasting portfolio and project costs.
• Explore techniques for identifying, analyzing, and managing risks in the portfolio.

Modules

Module 1 – Introduction to Portfolio

• Introduction to Portfolio
• Link of Portfolio, Program and Project
• Portfolio Life cycle
• Importance of Portfolios in the Strategic objective of the organization
• Role of a Portfolio Manager

Module 2 – Overview of Portfolio Management

• What does Portfolio Management constitute?
• Portfolio management and Organizational strategy
• Portfolio Management Implementation Process
• Stakeholder involvement in Stakeholder Management
• Impact of Organization on Types of Portfolio Management

Module 3 – Portfolio and Strategic Alignment

• Evaluate organizational strategic goals.
• Identify criteria for prioritization.
• Developing a Road Map for the Portfolio to meet the strategic goals.
• Managing the impact to portfolio and portfolio components due to changes in strategic goals and objectives
• Recommendation for different Portfolio Scenarios

Module 4 – Portfolio Management – Governance

• Establishing a governance model
• Determining and monitoring portfolio management standards, protocols, rules, and best practices, using organizational assets
• Development of Portfolio Management Plan
• Monitoring, Managing and Making recommendations regarding portfolio decisions

Module 5 – Performance

• Understanding of Portfolio Performance Management plan
• Development of Portfolio Performance Management plan
• Developing Key Performance metrics and various techniques of measuring Portfolio Health
• Managing Portfolio management by generating reports, conversations, dashboards, and auditing techniques to make sure it is aligned to strategic objectives.
• Managing portfolio changes to ensure its strategically aligned by using change management techniques.

Certification

Upon successful completion of the training, participants will be awarded Cynet East Africa Consultancy certificate.

N/B

Training will be facilitated by Cynet East Africa Consultancy seasoned trainers.