Any organizational Executive needs to have access to and understand how to make high quality project portfolio decisions to support analytics and data visuals. Whether you work in a Project Management Office, engage in Business Development, or manage a project portfolio, this course equips you with the essential knowledge and practical tools that you need to succeed in the practice of Portfolio Project Management (PPM). 

This Portfolio Project Management Professional training course on introduces the concept of a portfolio approach to possible future projects and investments to help reach or maintain strategy targets. This Project Management training course also considers the crucial role of risk management, including a risk management framework and sources of risk to meeting and maintaining a successful portfolio.

Duration:       5 Days

Target Audience

This Macskills Development Institute Portfolio Project Management Professional training course is aimed at those involved in a range of formal and informal portfolio management roles encompassing investment decision making, project and programme delivery, and benefits realization. It is relevant to all those involved in the selection and delivery of business change initiatives including:

• Members of Management Boards and Directors of Change
• Senior Responsible Owners (SROs)
• Portfolio, Programme, Project, Business Change, and Benefits Managers
• Business Case Writers and Project Appraisers
• Manage or Perform a PMO Function
• Individuals who sponsor, manage, or participate in projects.
• Project Management Professionals

Objectives

At the end of this training course, you will learn to understand the:

• Scope and objectives of portfolio management and how it differs from programme and project management.
• Benefits from applying portfolio management.
• Context within which it operates.
• Principles upon which successful portfolio management is based.
• Approaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio management.
• Purposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practice
• Purpose and key content of the major portfolio documents
• Scope of key portfolio management roles

Course Outline

Introduction to Portfolio and Portfolio Management

• Key Definitions of Portfolio and Portfolio Management
• Portfolio Management Model
• Relationship between the Principles, Cycles, Practices and Relevant Techniques
• Differences between Portfolios, Programmes and Projects
• Differences between Portfolio, Programme and Project Management
• How Local Context can affect MoP Principles & Practices - How to adopt cost effective approaches?
• Objectives and Benefits of Portfolio Management

Portfolio Selection and Implementation 

• The Need for A Portfolio Approach to Investment
• The Approaches to Implementing Relevant Portfolio Management
• Benefits of Assessing the Impact of Portfolio Management
• Factors Required to Sustain Progress
• Approaches to Assessing Portfolio Management Maturity

Strategic and Organisation Context

• Six Key Functions / Activities that Portfolio Management needs to coordinate with to achieve Strategic Objectives
• Identify How Portfolio Management can:
  • Coordinate with all other stratagems to deliver strategic objectives.
  • Support effective corporate governance.

Portfolio Management Governance

• The principles upon which Effective Portfolio Management is Based
• Senior Management Commitment
• Governance Alignment
• Strategy Alignment
• Portfolio Office
• Energised Change Culture

Portfolio Definition Cycle

• Terms and Concepts relating to The Portfolio Definition Cycle
• Three-point Estimating and Reference Class Forecasting
• What is involved and The Keys to Success

Portfolio Risk Management

• Portfolio Risk Management Process
• An Enterprise View of Risk & Governance
• Risk Drivers & Metrics

Portfolio Delivery Cycle 

• Portfolio Delivery Practices
• Tried and Tested Techniques for Delivery Practice
• What is involved, The Main Elements, and Keys to Success

Roles and Documentation

• Purposes and Responsibilities of the Main Portfolio Management Roles Identified in MoP
• Purposes of the Main Portfolio Management Documentation

Portfolio Risk and Return 

• Return Measures
• Risk Characteristics

Applying the Portfolio Definition Cycle 

• Apply and Tailor Practices and Techniques of the Portfolio Definition Cycle to A Scenario
• Identify Appropriate Practices and Techniques within The Portfolio Definition Cycle
• Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Definition Practices and Techniques to A Scenario

Portfolio Delivery Cycle Presentation

• Apply and Tailor the Practices, Techniques and Responsibilities of The Portfolio Delivery Cycle to A Scenario
• Identify Appropriate Practices and Techniques within The Portfolio Delivery Cycle
• Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Delivery Practices to A Scenario
• Analyse whether The Approaches Adopted are appropriate, with reasons, in each scenario.
• Analyse whether The Portfolio Documentation is fit for purpose, with reason.

Certification

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

Training Venue

• Training will be held at Macskills Training Centre. We also tailor-make the training upon request at different locations across the world.

Airport Pick Up and Accommodation

• Airport pick up and accommodation is arranged upon request.

Terms Of Payment

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent.