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Executive's Guide to Project Portfolio Management

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Summary:
PPM is a business process of some complexity and with many participants. It is essential that we define it well so that only the highest value projects are funded and every project is given what it needs to succeed. This course explains the PPM process, level sets expectations and provides opportunity for the management team to develop many of the processes and governance structures they need for successful implementation of Business Strategy. Executive's Guide to Project Portfolio Management is field tested and highly effective.

Duration:
3 Days/Lecture & Lab

Audience:
This course is ideal for new Portfolio Managers; anyone who uses projects to execute Business Strategy; CEO, CFO, CIO, other Senior Executives; PMO Directors; Functional Managers and Executives with project responsibility; and anyone who is considering implementing formal Project Portfolio Management.

Topics:

  • What is PPM?
  • Fundamental PPM Concepts
  • Sources of Project Failure and Success
  • Why project success is not enough
  • PPM Roles and Responsibilities
  • Promise of PPM
  • Role of formal Project Management in PPM
  • People, Process and Tools
  • The power of a 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 and Prioritization
  • How to Fund Projects Effectively
  • Managing Risks to the Portfolio
  • Managing the Portfolio
  • Stakeholder Communication
  • Reporting on Portfolio Results
  • Managing the PPM process
  • PPM Implementation as a Program
  • PPM Milestones
  • Gaining Organizational Adoption of your new PPM Process

Prerequisites:
This course does not require any prior project training or special knowledge; although a basic understanding is helpful for some of the exercises.




Last Update: May 25, 2013