Project Portfolio Management: How to Design, Build and Manage a Project Portfolio
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Course Details
- Introduction
- Objective
- Who should attend
As organizations reach higher levels of maturity in managing projects individually, they shift their focus to managing them collectively as a project portfolio. This transition seems to occur when you realize that projects are investments – not expenditures – requiring justification that they are aligned with organizational goals and will create value for the owners and other stakeholders of the organization.
Managing project investments collectively brings coherence to implementing the strategic as well as operational initiatives and helps the organization create sustainable value in the long run.
This course offers tools, techniques, and best practices for managing project portfolios. It presents a “how to” methodology to design, build, and manage a portfolio.
Course Outline
Portfolio Management Basics and Foundations
- Definitions and Differences: Project, Program and Portfolio
- Portfolio Triple Constraint
- Why Project Portfolio Management?
- Practical Challenges in Executing PPM
- Organizational Project Management
- Portfolio Management and Organizational Strategy
- Roles and Responsibilities of a Portfolio Manager
- PMI View of Portfolio Management
Course Video