Project Portfolio Management

Course details

Organizations need to align the portfolio components of projects, programs and initiatives with the business strategies, ensure effective utilization of resources to gain maximum benefit for the organization.

By end of the training, attendees will be able to:

• Develop project prioritization models
• Aligned portfolio with the organizational strategies and constraints
• Build and implement portfolio governance within their organizations

Course Outlines

The course outlines are developed in reference to the “The Standard for Portfolio Management, Second Edition (2008), Project Management Institute – PMI”

Principles of project portfolio

• What is a portfolio?
• Relationship among Portfolio, Program and Project Management
• Organizational influence on portfolio management
• Importance of project portfolio(s) to the organization
• Characteristics of a good project portfolio

Portfolio management

• Key roles & responsibilities
• Managing shared resources
• Portfolio management and the project management office (PMO)

Portfolio management processes

• Initiation
• Planning
• Executing
• Monitoring & controlling
• Closing

Special topics for project portfolio management

• Building project prioritization models
• Portfolio alignment processes
• Portfolio governance
• Portfolio risk management

Monitoring & controlling portfolios