Implementing Practical Project Portfolio Management

    

Summary:
This course is intended for those who wish to improve and formalize PPM in their organization. After reviewing the fundamentals of effective PPM, participants evaluate current PPM practice, design a more effective PPM practice, and determine the steps needed to reach a higher level of PPM maturity. The ratio of exercise to lecture is very high with the result that participants actually begin the work of redesigning PPM in their environment. Implementing Practical Project Portfolio Management is exceptionally effective when conducted onsite with your key PPM players participating.

Duration:
4 Days/Lecture & Lab

Audience:
This course will be of great value to Portfolio Managers; anyone who uses projects to execute Business Strategy; anyone who is planning on implementing portfolio management software; CEO, CFO, CIO, other Senior Executives; PMO Directors; Functional Managers and Executives with project responsibility.

Topics:

• What is PPM?
• Fundamental PPM Concepts
• Sources of Project Failure and Success
• PPM Roles and Responsibilities
• Promise of PPM
• People, Process and Tools
• The PPM Project Charter
• Organizational Impact of PPM
• Prerequisites of PPM
• PPM Process Groups
• The PPM Process - Overview
• Portfolio Definition Process
• Stakeholders & Governance
• Project Identification & Categorization
• Using the Project Register
• Evaluating Projects
• Selection Criteria & Scoring
• Evaluation Tools and Techniques
• Importance of Estimates
• Project Selection Tools
• Project Prioritization
• How to Fund Projects Effectively
• Managing Risks to the Portfolio
• Managing the Portfolio
• Stakeholder Communication
• Reporting on Portfolio Results
• Managing Change in PPM; Fine Tuning the PPM Process
• PPM Implementation as a Program
• PPM Milestones
• Gaining Organizational Adoption of your new PPM Process

Prerequisites:
This course will be of great value to Portfolio Managers; anyone who uses projects to execute Business Strategy; anyone who is planning on implementing portfolio management software; CEO, CFO, CIO, other Senior Executives; PMO Directors; Functional Managers and Executives with project responsibility.

Last Update: May 21, 2012