Course Details
Course Outline
5 days course
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
Portfolio Construction Monitoring & Control
- Initial Portfolio Creation
- Initial Portfolio Calibration
- Portfolio Construction Processes
- Project Business Plan
- Why Terminate a Project?
- Sunk Cost Fallacy & Dilemma
- Portfolio Balancing
- Portfolio Assessment
Portfolio Measurements & Metrics
- Success Measurements
- Outcome & Performance Measures
- Portfolio Metrics
- Project Metrics
- Project Prioritization
- Efficient Frontier
- Weighted Scoring Models
- Forced Ranking
- Paired Comparison
- Project Evaluation
- Cost of Capital
- Measuring Financial Benefits
- Measuring Non-financial Benefits
- Data Visualization Tools
Benchmarking
Desirable properties for benchmarks
Index calculation methodologies
Price weighted indices
Market capitalization indices
Equally weighted indices
Benchmark selection
Benchmark statistics
Portfolio Risk Management
- Uncertainty vs. Risk
- Portfolio Risks
- Decision Trees
- Monte-Carlo Simulation
- Sensitivity Analysis
- Resource Allocation
- Rolling Wave Planning
- Factors Affecting Resource Availability
- Resource Allocation Tools
- PMO
