Course Duration:
12 days.
Course Description:
Portfolio Management is the most effective way to implement strategic initiatives, it bridges the gap between strategy and implementation. It is the application of management activities to a collection of programs, projects, and/or operations to achieve strategic business objectives. This course is mainly focused on addressing this major gap in organizational project management and it is commonly viewed as the apex of the project management professional ladder. Portfolio managers align projects, programs, and operations with strategic objectives, investing resources in the right work to deliver the expected value. Organizations with mature project portfolio management practices complete 35 percent more of their programs successfully. Portfolio Management is not just about ensuring profits but cohesively binding projects within the portfolio so that they work in tandem to achieve the global goals of the organization.
Learning Outcomes:
At the end of the training, the participant will be able to understand:
- Understand the whole process of project portfolio management and how it contributes to organizational success;
- Learn about the benefits of portfolio management;
- Understand the strategic planning process, tools, and techniques;
- Understand how best to identify and apply a selection criterion to project portfolio components;
- Learn about change and cost management techniques;
- Understand stakeholder management techniques;
- Formulate an effective project portfolio report;
- Effectively manage various aspects such as time, cost, resources, and so on by applying portfolio management best practices;
- Monitor and manage one or more portfolios seamlessly;
- Improve your competence and knowledge in Portfolio management techniques, and establish your ability to handle complex portfolios across sectors and technologies; and
- Acquire the relevant knowledge and skills required to pass the PfMP® Certification exam
