Strategic Portfolio and Resource Management

Management Concepts

How long?

  • 2 days
  • in person

What are the topics?

Management Concepts

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Read more about Project management

Whether it is developing software programs or launching a new clothing line, taking any project from start to finish requires the application of proje...

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Who should attend

This course is intended for advanced level Program and Project managers.

About the course

Effective portfolio management is more than just measuring ROI. It allows for success by creating synergy between projects within the portfolio so that they support each other in meeting the global goals of the organization. Understanding how to manage resources such as time, cost, and internal and external staff members across the portfolio can make the difference between portfolio success and failure.

This course provides portfolio management tools and techniques to help you manage the portfolio and project resources to improve performance in your organization. Students will apply processes and create deliverables of effective portfolio management practices.

The course provides a structured approach to creating and managing a project portfolio. It helps students understand the value of portfolio management; identify and explain the portfolio stakeholder roles and responsibilities; define and understand a portfolio management process; identify tools, techniques, and best practices for portfolio management; and identify the roles of the program management office (PMO) or portfolio executive office (PEO) in effective portfolio management.

Learning Objectives

  • Examine the benefits of project portfolio management
  • Assess how project portfolio management contributes to organizational success
  • Formulate a plan for identifying and applying selection criteria to project portfolio components
  • Interpret the principles of strategic resourcing
  • Formulate effective project portfolio reports
  • Select tools and techniques to balance a project portfolio

Course Topics

Project Portfolio and Resource Management

  • What is a Project Portfolio?
  • What is Project Portfolio Management?
  • Governance
  • Why Establish a Project Portfolio?
  • Resource Management
  • Industry-Federal Comparison
  • The Project Management Office
  • Lesson Summary

Developing the Project Portfolio Management Structure

  • What Do you Need?
  • Identify Project and Programs
  • Lesson Summary

Selecting Project Portfolio Components

  • What Happens Next
  • Resource Availability
  • How Available are Your Resources?
  • Prioritizing Portfolio Components
  • Balancing the Project Portfolio
  • Providing Investment Oversight
  • Lesson Summary

Preparing to Manage the Project Portfolio

  • Purpose of Portfolio Reporting
  • Measurement Metrics
  • Portfolio Reports
  • Executive Dashboards
  • Portfolio Risk Management
  • Managing Risks
  • Portfolio Risk Management Best Practices
  • Capturing Investment Information
  • Lesson Summary

Managing the Project Portfolio

  • Review Portfolio Performance
  • Portfolio Reviews
  • Portfolio Review Frequency
  • Annual Portfolio Review
  • Project Portfolio Management Success Factors
  • Project Portfolio Management Pitfalls
  • Defining the Portfolio Criteria
  • Lesson Summary

Strategic Portfolio and Resource Management at Management Concepts

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Project management

Whatever the reason you are considering taking a project management course, there are certain criteria to look for in a course. Undoubtedly, it should meet your needs. If you are a newcomer to the field, a course should provide a complete theoretical...

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