Project Portfolio Management: Skills and Techniques
5 DaysProject Portfolio Management: Skills and Techniques
Course Methodology
The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants. The course also features the use of a number of group exercise and case studies followed by plenary discussions.
Course Objectives
By the end of the course, participants will be able to:
- Develop a project portfolio model that shows project life cycles within a portfolio context.
- Apply a project portfolio management methodology at any organizational level and across different industries.
- Prioritize projects within the portfolio using financial and non-financial ranking tools.
- Quantify portfolio risks using Monte Carlo simulation and sensitivity analysis.
- Use earned value techniques to track and control portfolio performance.
Target Audience
This course is designed for portfolio directors and managers, senior managers, decision makers, portfolio sponsors, PMO staff, program managers, project managers, and professionals involved in building, evaluating, prioritizing, and managing their organization’s project portfolio. Al Mawred has been reviewed and approved by the PMI® Authorized Training Partner Program. This course is worth 30 Professional Development Units (PDUs).
Target Competencies
- Strategy execution
- Portfolio governance
- Portfolio planning
- Portfolio evaluation and prioritization
- Portfolio risk and uncertainty management
- Portfolio performance monitoring and control
Course Outline
- Developing a Portfolio Model
- Project portfolio management (PPM)
- Role of PPM in strategy execution
- Elements of a project portfolio
- Comparison between projects, programs, and portfolios
Portfolio model
- Project Portfolio Management (PPM) Methodology
- Project portfolio management methodology (PPM) phases
- Build foundation
- Design portfolio
- Construct portfolio
- Monitor and control portfolio
- Project portfolio management methodology (PPM) phases
- Project Evaluation and Prioritization
- Project evaluation
- Financial metrics
- Non-financial metrics
- Project prioritization
- Project ranking tools
- Scoring models
- Project evaluation
- Managing Uncertainty and Risk
- Risk and uncertainty in decision-making
- Portfolio risk management steps
- Tools and techniques for uncertainty and risk
- Decision tree analysis
- Scenario analysis
- Sensitivity analysis
- Monte Carlo analysis
- Monitoring Performance Using Earned Value Management (EVM)
- Earned Value Management (EVM) Foundation
- Performance measurement baseline (PMB)
- Earned value management (EVM) building blocks
- Project portfolio performance indicators
- Project portfolio management office (PMO)
Mawred Certificate
Mawred Certificate courses by Al mawred Training & Consulting are designed for those willing to challenge themselves and go the extra distance...
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Classroom Schedule
Virtual Schedule
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