Course Description
A project portfolio is defined as a combination of projects or programs combined as a result of some strategic business objectives. Common terms used in conjunction with project portfolios are money and investment.
The field of project portfolio management is increasing in importance as the interrelations amongst multiple projects become the norm in a highly competitive global environment. Portfolios, as opposed to single projects or programs, have a return expectation over several projects serving different needs and are generally a precursor to the health of the company’s future.
This course provides real-life experience in handling real portfolios and evaluating them under different simulations. The project manager will greatly enhance his knowledge of the interconnections of projects, the prioritization of projects based on ROI, and other valuable tools that modern-day portfolio management software brings.
Course Outline
Day 1:
Introduction to a Project Portfolio
The creation of project portfolios
PMBOK definition of portfolio management
How to set project priorities in a portfolio
The whole is greater than its part concept
Who handles a portfolio?
Roles and responsibilities within portfolio management
Risks involved in portfolio management
Tools and techniques of portfolio management
Portfolio governance
Practice Exercise – Day 1
Practice Exam – Day 1
Day 2:
Practical Example of Portfolio Creation
Selection of projects
Setting up IT/Governance policy
Portfolio execution
Dashboard creation and utilization
Custom tools and approaches to define objectives
Portfolio baseline setup
Portfolio monitoring and control
Practice Exercise – Day 2
Practical Exam – Day 2
