Project Portfolio Management

Stimulated by the Project Management Institute’s (PMI) publication of The Standard for Portfolio Management, many of our corporate customers have been interested in how they can improve their portfolio management practices. Many of our project manager course participants are interested in looking up into the organization to see how projects and programs can be selected to align with corporate strategy.

Although this 1-day course is part of our “Advanced Topics in Project Management”, it is a stand-alone course. Portfolio management is closely aligned with project management and program management, but it is a separate discipline.

We use a recent Ivey Business School case study from the Canadian business community as a focus of discussion.

LEARNING OBJECTIVES

Participants will gain practical skills to:

• Outline the framework of Project Portfolio Management (PPM), as defined by PMI.
• Discuss the application of PPM by organizations, from available applied research.
• Return to your organization able and willing to influence your organization’s PPM practices.
• Recognize the value of PPM in achieving your organizations strategic objectives.

WHO SHOULD ATTEND

The Project Portfolio Management course is appropriate for individuals who are:

• Senior project managers and program managers, directors of project management offices, managers of process improvement, senior managers wanting to learn a benchmark of portfolio management.
• Project Management Professionals seeking professional development units.
• Candidates for PMI’s Program Management Professional designation.

PREREQUISITE

There is no prerequisite for this course. It functions as a stand- alone course.

MATERIALS

You will receive a course binder containing copies of presentation slides, case studies, exercises and suggested solutions. You will also receive a copy of the Project Management Institute’s Standard for Portfolio Management.

WHAT YOU WILL LEARN

Introduction to Project Portfolio Management

PPM in the organization

• Strategy and objectives
• Why use PPM

PMI Standard

• Framework and Processes
• Models and best practices
• Interactive application and examples (case study, exercises and workshops)

Stakeholders and roles

Wrap-Up

• Research findings
• Success factors