This seminar emphasizes the importance and value of a well-defined project selection, prioritization, and portfolio management process, as the basis for logical decision making to ensure that critical resources are allocated to those projects that are aligned with corporate goals and objectives. Through interactive discussions and exercises, participants learn the practical application of portfolio management tools and techniques to effectively integrate strategic decision-making with operational project execution.

A Guide to the Project Management Body of Knowledge (PMBOK^® Guide) areas covered: Integration Management and Risk Management.

Who should attend?

- Project Sponsors
- Senior/Executive Managers and Decision Makers
- Portfolio Managers
- Project Office Managers
- Resource Managers
- Project Managers

What will my seminar experience cover?

- Establishing a good process to screening and ranking projects

- Ensuring that the right data, on which to base portfolio decisions, is available

- How to evaluate a portfolio to ensure it is balanced with the right mix of projects

- Monitoring project and portfolio performance on a regular basis to ensure that portfolio objectives are being met

- Using portfolio performance data to make logical continuation, modification, or termination decisions

- Assessing a portfolio’s overall performance with respect to corporate goals and objectives

- Revising the Project Portfolio Management process based on lessons learned

- Reviewing, at a high-level, a variety of portfolio management software packages.

Reference Book: Seminar includes the book “Project Portfolio Management: Project Selection and Prioritization for Competitive Advantage” Edited by Lowell D. Dye and James S. Pennypacker.

How will I benefit?

Develop and enhance the contributions you make to your organization by being able to:

- Creating clear, measurable project selection and prioritization criteria

- Analyzing e and ranking potential projects consistent with corporate goals and objectives

- Analyzing and reporting on portfolio performance

- Expanding and managing portfolio performance criteria

- Effectively integrating business, technical, and organizational elements

- Understand the difference between project portfolio management and managing multiple projects

- Applying strategies to manage decision-making politics more effectively

What instructional materials will be used?

Lecture, case studies, small and large group discussion.