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Project Portfolio Management Practitioner Course

Master the complexities of Project Portfolio Management and apply best practices to get real world results

Course Overview

With the ever increasing scarcity of resources, both capital and human, and the mounting pressure on business to continually improve delivery, companies have begun to turn to project portfolio management (PPM) to ensure the optimum allocation of resources to projects to maximise returns.

Project portfolio management aligns projects with corporate strategy enabling a company to prioritise their projects and allowing the effective allocation of resources to projects, thereby improving delivery.

Project Portfolio Management is an important discipline, which can deliver a positive impact to an organisation. It does this by providing senior management with reliable information to assist in the decision making process and enabling operational transparency. This empowers management to respond effectively and efficiently to rapidly changing circumstances. 

This course covers key Portfolio Project Management concepts as well as the skills required to operate effectively in the portfolio environment.  Whilst covering best practice in the field of Project Portfolio Management, the course explores practical examples around challenges experienced within the attendees environments and facilitates discussion around the application of current PPM practices within these environments.

Course Objectives:

Understand:

  • What is Portfolio Project Management
  • Why Project Portfolio Management 
  • The Relationships Among Portfolios, Programs, and Projects 
  • The Link Between Portfolio Management and Organisational Governance 
  • The Relationship between Portfolio Management and Organisational Strategy 
  • The Relationship among Portfolio, Program, and Project Management 
  • Stakeholders in Portfolio Management 
  • Evaluating and driving business benefits
  • Core Portfolio Management Processes
  • Portfolio Risk Management
  • Managing change in portfolio’s
  • Portfolio managing reporting and analysis
  • Soft Portfolio management skills
  • Benefits, Problems, Challenges.
  • Key lessons learnt from the field.
 
Be able to:
  • Apply best practice in developing project portfolio’s to maximize business value
  • Manage the project portfolio processes
  • Support the alignment of projects with business strategy
  • Apply prioritisation techniques to project portfolios
  • Identify and manage portfolio risks

Course Delivery

The course comprises instructor-led sessions, supplemented by readings, exercises and practical group work.

Workplace assignments, coupled with rich feedback, ensure that the delegate is able to apply the skills directly in the workplace.

Course Assessment

There are no formal assessments (exams, tests, presentations, etc.) for this course. However, to earn a certificate of attendance, delegates will be required to:

  • Attend all 3 course days.
  • Actively participate in exercises and discussion workshops.
  • Complete real world assignments.

Course Content

Module Code: PPM Landscape& Design (Day 1)

  • Background to PPM
  • What is PPM?
  • Terms & definitions
  • PPM Methodology (best practices & bodies of knowledge)
  • PPM Elements
  • Project Portfolio Management Structure
  • Project Portfolio Management processes
Module Code: PPM Design& Practical (Day 2)
  • Risk Management
  • Managing a portfolio
  • Monitoring & reporting
  • Real world challenges and PPM design
  • Practical
Module Code: PPM Application (Day 3)
  • Real world challenges and PPM design – Work group & discussion
  • PPM Benefits, challenges and lessons learnt from the field

Course Prerequisites

Successful past candidates have been drawn from a wide variety of backgrounds and experiences.  We do not exclude any delegate who is strongly motivated to do the course, so there are no strict pre-requisites. However a good grasp of project management would be beneficial.

Delegates and their companies will derive maximum benefit from the learning experience if they are able to apply the skills learnt in the workplace during the course. For example, delegates should ideally:

  • Have a minimum of 5 years project work experience.
  • Have a good command of project management terminology
  • Have an understanding of financial management for non-financial managers
In addition, delegates should currently be working as, or about to become a manager in a project environment.  They should:
  • Have the active support of their managers.
  • Have the support of their family for the evening reading that will be required
  • Be working on projects that are suitable for use as course assignments.
  • Have a mentor, guide or coach within the company.
  • Be computer literate and comfortable with Microsoft excel and powerpoint and have ready access to a PC for course assignments
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