Fundamentals of Portfolio Management

Businesses and governments invest large sums of money and resources to achieve strategic objectives and create new initiatives. It's critical to make accurate investment decisions on these new initiatives to get the expected Return on Investment (ROI) and also ensure that the desired financial and business goals are achieved from these new projects.

Portfolio Managers are responsible for creating the right investment strategies for the organization's projects, programs, and operations to bring about the expected results. 

They are responsible for prioritizing the organization goals and various investments for maximum Value Realization. They support Project, Program and Operation Managers by providing the funding and other resources.

Portfolio Managers will also shoulder the responsibility of reducing risk and implementing strategic initiatives to achieve profits. They can earn as much as $201K on an average, making this a very rewarding career path. With organizations getting more ambitious with their portfolios and projects getting more complex, this expertise will be in much demand the world over.

This training program by KnowledgeHut will introduce you to the basic concepts of Portfolio Management and will help you understand how Portfolio Management is used in real-world situations.

Outline:

• Projects, programs, and portfolios
• The role of a portfolio manager versus a project and program manager
• Portfolio Management and Organization Strategy
• Portfolio Management as per PMI view
• Strategic Alignment
• Evaluate organizational strategic goals and objectives
• Identify projects and programs in line with organization goals
• Prioritize and select projects and programs with regards to value they bring to meet organizational goals
• Develop High-level Portfolio Roadmap aligning with organizational strategies
• Establish the governance model
• Develop the portfolio management plan including various policies and processes for Portfolio Management
• Approve the portfolios
• Initiate the portfolio using the portfolio roadmap
• Collect and consolidate key performance metric data
• Monitor the portfolio performance on an on-going basis
• Manage portfolio changes using change management techniques
• Balance portfolio and prioritize portfolio components
• Measure Portfolio Performance and Optimize
• Develop, monitor, and maintain portfolio-level risk register
• Promote common understanding and stakeholder ownership of portfolio risks
• Provide recommendation and obtain approval for a portfolio management reserve
• Portfolio Level Stakeholder Identification and Analysis, Need Assessment
• Effective on-going engagement of Portfolio Stakeholders