Project Portfolio Management
How to Increase the Return on Your Organization’s Project Management
This course is also part of the Advanced Project Management Certification: The Kerzner Approach®
to Best Practices (APMC®) curriculum. For more information, see page 30.
This workshop defines the strategy, processes,
information, analysis and deliverables of an
effective portfolio management approach. You
will learn how to proactively identify, select,
de-select and nurture a balanced and desirable
mix of projects. Effective portfolio management
improves the multi-project flow through the
organization (speed and quality) by minimizing
unnecessary multi-tasking and priority changes.
The goal of this course is to provide you with
knowledge of the components, importance and
challenges of implementing enterprise-level
project portfolio management (PPM) based
upon your organization’s strategic business
goals.
Prerequisites
We recommend that participants have between
three and five years of project management
experience.
Course Level
Intermediate/Advanced
Who Should Attend
People who support portfolio management
decision-making processes for the selection
and prioritization of projects
Project Management Office (PMO) team
members responsible for or with an interest
in developing and managing their project
portfolio(s)
•
•
Performance Focus
Defining the objectives of PPM and project
portfolio process
Strategic planning as it relates to portfolio
management
Linking the project portfolio with the
resource and asset portfolios
Prioritizing projects, improving project flow
and return on investment (ROI)
Managing resource pools and the strategic
resource(s)
Avoiding the trap of becoming too involved
in the details
Defining and facilitating the roles and
responsibilities of the PMO, executives and
others
Ensuring project ownership and sponsorship
•
•
•
•
•
•
•
•
What You Will Learn
You’ll learn how to:
Define the five fundamental components of
the enterprise-level PPM process
Identify the components of PPM, including
information requirements, principal
performers and the relationship among the
major activities
Relate the principles of enterprise-level PPM
to business strategy and organizational
performance
Evaluate specific techniques, tools and
models for project selection, prioritization,
resource management and portfolio
balancing
Navigate the organizational change that
is required to implement or improve your
portfolio management process
Recognize the benefits and challenges of
implementing portfolio management within
the business
•
•
•
•
•
•
Course Overview
Getting Started
Introductions
Course structure
Course goals and objectives
•
•
•
Portfolio Management Framework
Portfolios, programs and projects
A closer look at portfolio management
Why portfolio management is important
The enterprise portfolio management model
•
•
•
•
Defining the Portfolio Management Process
Portfolio management models and
approaches
Portfolio management process steps
Challenges of multi-project management
What is business strategy?
Applying business strategy to the portfolio
Stepping through a strategic decision
Implementing business strategy using PM
Unified Project Management® Methodology
(UPMM™) approach to strategic decisions
•
•
•
•
•
•
•
•
Organizational Factors and Influences
PM and organizational change
Creating the right environment
Stakeholder perspectives
The enterprise PMO
•
•
•
•
Acquiring the Right Information
Key portfolio data elements
Relating the portfolio data
Measuring portfolio performance
Portfolio information checklists
•
•
•
•
Analyzing, Balancing and Optimizing the
Portfolio
What is a balanced portfolio?
Portfolio selection methods
Analysis and optimization
Ways to view the portfolio
•
•
•
•
Survey of Enterprise PPM Tools
Why use PPM tools?
The three levels of tools
Effective selection and use
Available tools and product suites
•
•
•
•
Applying Portfolio Management
Creating a project portfolio
Refining the portfolio contents
Root Cause Analysis
Managing resistance to change
•
•
•
•
Summary
What did we learn, and how can we
implement this in our work environments?
•
Want this course delivered onsite to your company or team? Enhance the class experi- ence by adding real-world simulation into the mix. Highly interactive and experiential, IIL’s imulation integrates proven learning theory with leading-edge computer technology and game-based simulation techniques to deliver lasting benefits. Read more about PM simulation on page 18. Incorporate Simulation into this Course
Take advantage of the flexibility, customization, focus and control that onsite training offers and let us tailor a course or program to align with your
company’s mission, values and unique business needs. We can deliver any course to your team or organization in a private format - at your location, at
one of our training sites or in a virtual setting. Email us at onsite@iil.com for a free consultation today or visit www.iil.com/onsite for more information.
VIRTUAL CLASSROOM: Dynamic and fully interactive, a live, online version of this course is led by an instructor and conducted in real time.
#8862 / Four 3-hour sessions
CEU Credits: 1.2 / PDU Credits: 12
Price: USD 850
TRADI TIONAL CLASSROOM: Engage with our instructors and a diverse group of peers in a Traditional Classroom version of this course.
#8108 / 2 Days
CEU Credits: 1.4 / PDU Credits: 14 / CPE Credits: 16
Price: USD 1295
ON-DEMAND LEARNING: Set your own pace with a recorded online version of this course and log on when and where you learn best.
#PA8862 / Four 3-hour sessions
CEU Credits: 1.2 / PDU Credits: 12
Price: USD 850
