Introduction to the course
Any executive, manager or project lead needs to have access to and understand how to make high-quality project portfolio decisions to support analytics and data visuals. Whether you work in a Project Management Office, engage in Business Development or manage a project portfolio, this course equips you with the essential knowledge and practical tools that you need to succeed in the practice of Project Portfolio Management (PPM).
This KC Academy Portfolio Project Management Professional course explores the concept of a portfolio approach to possible future projects and investments to help reach or maintain strategy targets. This KC Academy Portfolio Project Management course also considers the crucial role of risk management, including a risk management framework and sources of risk to meeting and maintaining a successful portfolio.
This KC Academy training seminar will highlight:
- Defining the business case to get senior management approval for portfolio management
- Planning the implementation of portfolio management
- Selecting and adapting Management of Portfolio (MoP) principles, practices and techniques to suit different organisational environments
- Evaluating examples of MoP information (including documents and role descriptions)
- Analysing the solutions adopted concerning a given scenario
Daily Agenda
DAY 1:
Introduction to Portfolio and Portfolio Management
- Key Definitions of Portfolio and Portfolio Management
- Portfolio Management Model
- Relationship between the Principles, Cycles, Practices and Relevant Techniques
- Differences between Portfolios, Programmes and Projects
- Differences between Portfolio, Programme and Project Management
- How Local Context can affect MoP Principles & Practices - How to adopt cost-effective approaches?
- Objectives and Benefits of Portfolio Management
Portfolio Selection & Implementation
- The Need for A Portfolio Approach to Investment
- The Approaches to Implementing Relevant Portfolio Management
- Benefits of Assessing The Impact of Portfolio Management
- Factors Required to Sustain Progress
- Approaches to Assessing Portfolio Management Maturity
DAY 2:
Strategic and Organisation Context
- Six Key Functions / Activities that Portfolio Management needs to coordinate with to achieve Strategic Objectives
- Identify How Portfolio Management can:
- Coordinate with all other stratagems to deliver strategic objectives
- Support effective corporate governance
Portfolio Management Governance
- The Principles upon which Effective Portfolio Management is Based
- Senior Management Commitment
- Governance Alignment
- Strategy Alignment
- Portfolio Office
- Energised Change Culture
DAY 3:
Portfolio Definition Cycle
- Terms & Concepts relating to The Portfolio Definition Cycle
- Three-point Estimating and Reference Class Forecasting
- What is involved and The Keys to Success
Portfolio Risk Management
- Portfolio Risk Management Process
- An Enterprise View of Risk & Governance
- Risk Drivers & Metrics
Portfolio Delivery Cycle
- Portfolio Delivery Practices
- Tried and Tested Techniques for Delivery Practice
- What is involved, The Main Elements, and Keys to Success
DAY 4:
Roles and Documentation
- Purposes and Responsibilities of The Main Portfolio Management Roles Identified in MoP
- Purposes of the Main Portfolio Management Documentation
Portfolio Risk & Return
- Return Measures
- Risk Characteristics
Applying the Portfolio Definition Cycle
- Apply and Tailor Practices and Techniques of The Portfolio Definition Cycle to A Scenario
- Identify Appropriate Practices and Techniques within The Portfolio Definition Cycle
- Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Definition Practices and Techniques to A Scenario
DAY 5:
Portfolio Delivery Cycle Presentation
- Apply and Tailor The Practices, Techniques and Responsibilities of The Portfolio Delivery Cycle to A Scenario
- Identify Appropriate Practices and Techniques within The Portfolio Delivery Cycle
- Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Delivery Practices to A Scenario
- Analyse whether The Approaches Adopted are appropriate, with reasons, in a given scenario
- Analyse whether The Portfolio Documentation is fit for purpose, with reason
Professional certificate & Accreditation
Whether you work in a Project Management Office, engage in Business Development or manage a project portfolio, learn to apply principles, practices and techniques to enable the most effective balance of organisational change and business as usual with KC Academy's Portfolio Project Management Professional course.