Description

Portfolio Management Skills: In-House Training

The main purpose of this workshop is to equip and enable people in a portfolio management office and PMO to effectively and efficiently support the Executive Leadership and Operational Management to plan, implement, manage, and evolve portfolio management in their organization. There is a deliberate focus on preparing you to become a strong and effective change advocate for meaningful portfolio management that delivers objective measurements of benefit contribution towards the strategic objectives to lead, manage, and continuously improve portfolio management governance, processes, and frameworks with and through the direction of a portfolio practice, principles, and delivery boards.

What you Will Learn

At the end of this program, you will be able to:

Articulate the benefits of portfolio management

Link the initiatives in an organization with its strategic objectives

Participate in the introduction of portfolio management in an organization

Create or improve the portfolio governance structure

Lead the inventory of ongoing and new initiatives

Assist the executives in the prioritization of initiatives through the use of Multi-criteria Analysis and other selection tools

Support the executives in balancing the portfolio based on the optimal use of resources and priorities

Create a portfolio delivery plan

Define thresholds and variance reporting criteria

Assist the executives and the financial team in the definition of Stage Gate Funding

Lead the Stage Gate reviews

Analyze the benefits that are being realized by the initiatives

Foundation Concepts

Definitions

Benefits of Portfolio Management

Objectives of Portfolio Management

Portfolio Life Cycles

Governing the Portfolio

Portfolio Governance structure

Roles and responsibilities

Initial activities when starting portfolio management

Prioritizing Initiatives

Prioritize purpose

Multi-Criteria Analysis

Analytical Hierarchy Process (AHP)

Strategic alignment

Balancing the Portfolio

Allocating resources and budgets

Communicating decisions of initiatives status

Planning the Portfolio

Planning review cycles

Using Stage Gate Funding

Setting thresholds and variance reporting

Tool examples

Managing the Portfolio Delivery

Project and Program Life Cycles

Stage Gate Reviews

Loop back to Prioritize, Balance and Plan

Interaction with the Portfolio Delivery Board

Project, Program and Functional Managers' roles and responsibilities

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Portfolio Management Skills: In-House Training

By IIL Europe Ltd

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