Project Portfolio Management

Project Management

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Optimize your portfolio of projects for maximum success! At its best, project management helps projects get done right -- but project portfolio management makes sure the right projects get done in the first place. This practical, interactive seminar focuses on the key functions of portfolio management, and offers a broader range of best practices, including evaluation and prioritization of projects, resource allocation, portfolio balancing and ongoing management.

Course Benefit

  • Cut project costs up to 25% while achieving 90% project success rates
  • Identify the project portfolio structure and decision making processes
  • Assess, select and prioritize projects for an effective, balanced portfolio
  • Apply techniques to measure project portfolio effectiveness
  • Acquire processes and tools for allocating resources across the portfolio
  • Reduce redundant projects and kill nonviable projects
  • Manage change in a dynamic project portfolio
  • Develop a portfolio management implementation plan

Who Should Attend?

  • Executives, leaders, managers, and all those managing projects, programs and portfolios on a strategic level. Formal project management training is required.

What You Will Learn

  • Definition and benefits of project portfolio management
  • Roles and responsibilities
  • Differentiating between regulatory, discretionary and mandatory projects
  • Changing control processes
  • Identifying and prioritizing strategic objectives
  • Creating criteria and weighing factors to evaluate projects and programs
  • Financial analysis and risk
  • The Theory of Constraints and how it applies to projects
  • Balancing the portfolio
  • Monitoring and controlling of projects and programs
  • Implementing a portfolio management system

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