Booking options
£1,250
+ VAT£1,250
+ VATDelivered Online
Full day
All levels
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.
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
Definitions
Benefits of Portfolio Management
Objectives of Portfolio Management
Portfolio Life Cycles
Portfolio Governance structure
Roles and responsibilities
Initial activities when starting portfolio management
Prioritize purpose
Multi-Criteria Analysis
Analytical Hierarchy Process (AHP)
Strategic alignment
Allocating resources and budgets
Communicating decisions of initiatives status
Planning review cycles
Using Stage Gate Funding
Setting thresholds and variance reporting
Tool examples
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