Course description
Portfolio Management for Stakeholders: In-House Training
This course equips and enables project, program, and functional managers (line managers) to support and contribute to starting, restarting or sustaining the implementation and effectiveness of portfolio management in an organization.
Emphasis is on improving collaboration and planning between functional business areas and project/program organizations responsible for delivering investments in business change through successful delivery of projects and programs.
Good functional, project, and program managers become “great” when they understand, advocate, and effectively contribute to achieving “real” business value through portfolio management.
Upcoming start dates
Suitability - Who should attend?
Who Should Attend
This course is designed for:
- Project, program, and functional managers where portfolio management is being or will be practiced
- Portfolio managers
Prerequisites
Experience working in a project-oriented organization.
Outcome / Qualification etc.
What you Will Learn
At the end of this program, you will be able to:
- Outline the benefits of portfolio management
- State the importance of linking the strategic objectives to the initiatives in the organization
- Chart the portfolio governance structure
- Assist in the inventory of ongoing and new initiatives
- Identify portfolio and sub-portfolio categories
- Support the PMO in the prioritization of initiatives using Multi-criteria Analysis and other selection tools
- Collaborate with the PMO in balancing the portfolio based on the optimal use of resources and priorities
- Participate in resource forecasting and planning
- Demonstrate thresholds and variance reporting criteria
- Describe the purpose of Stage Gate Funding
- Report status against a portfolio delivery plan
- Present your initiative in Stage Gate Reviews
- List the benefits that are being realized by the initiative
Training Course Content
Foundation Concepts
- Portfolio Life Cycles
- Portfolio Governance
Prioritizing Initiatives
- Prioritize Foundation
- Multi-Criteria Analysis
- Analytical Hierarchy Process (AHP)
- Strategic Alignment
Balancing the Portfolio
- Resources, Budgets, and Equipment
- Communicating Decisions
Planning the Portfolio
- Planning Review Cycles
- Using Stage Gate Funding
- Setting Thresholds and Variance Reporting
- Tool Examples
Portfolio Delivery “Cycle”
- Project and Program Life Cycles
- Stage Gate Reviews
- Interaction with the Portfolio Delivery Board
- Project, Program, and Functional Managers Roles and Responsibilities
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