PJMN085 - Project Portfolio Management Essentials

Course Description

Designed for experienced project leaders and executives who oversee projects in an organizational context, this course describes a disciplined process for linking the organization’s strategy with its project work. Interpret company strategy and use the strategy to drive better portfolio management and project team leadership. Establish sound procedures for portfolio governance and develop project execution processes that support organizational objectives. This course is aligned to the Project Management Institute’s (PMI)® standards for Portfolio Management (PfMP)® while weaving in concrete real-world examples faced by organizations today.

Course Outline

This course on Portfolio Management is directed to those who are responsible for developing and managing portfolios of projects, as well as those, involved in PMOs and managers responsible for the translation of strategy into projects. This is an advanced course and assumes knowledge of project management.

Focus on the 5 key domains of Portfolio Management:

• Strategic Alignment

• Governance

• Portfolio Performance Management

• Portfolio Risk Management

• Communications Management

Simulation: A case study will be leveraged, in order for practitioners to fully leave the course with the ability to effectively manage their organizations portfolios.

Learner Outcomes

• Understand how organizational strategy drives all project initiatives

• Align the portfolio with organizational strategy

• Build a pragmatic approach to portfolio management

• Develop and maintain an effective governance structure

• Choose projects that will best support company strategy

• Apply proven techniques to effectively manage the portfolio and risk

• Use monitoring techniques to gauge and report portfolio performance