Introduction To Project Portfolio Management

You will apply generally recognized practices of portfolio management acknowledged by the PMI® and identify the portfolio management processes and knowledge areas to manage portfolios effectively.

Target Students

Managers interested in gaining a basic understanding of portfolio management or developing portfolio management skills relating to business requirements.

Prerequisites

A good understanding or work background in project management.

Project Management Fundamentals (Second Edition)
Suggested but not required: Project Management Professional (PMP®) Certification: Fourth Edition - Comprehensive
 

Course Objectives

Upon successful completion of this course, students will be able to:

• identify the fundamentals of portfolio management.

• identify the various stages in the portfolio management process.

• select and prioritize portfolio components.

• perform risk analysis and develop portfolio risk responses.

• balance portfolios and authorize portfolio components.

• monitor and control portfolios.

• identify the key components of portfolio management implementation in the organization.

Course Content
Lesson 1: Getting Started with Portfolio Management

• Topic 1A: Portfolio Management Overview

• Topic 1B: Identify the Need for Portfolio Management

• Topic 1C: Describe Portfolio Management's Relationship Within the Organization

Lesson 2: Understanding the Portfolio Management Processes

• Topic 2A: Describe Organizational Influences

• Topic 2B: Processes in the Portfolio Management Life Cycle

Lesson 3: Selecting and Prioritizing Portfolio Components

• Topic 3A: Identify Portfolio Components

• Topic 3B: Categorize Portfolio Components

• Topic 3C: Evaluate Portfolio Components

• Topic 3D: Select Portfolio Components

• Topic 3E: Prioritize Portfolio Components

Lesson 4: Performing Risk Analysis and Developing Risk Responses

• Topic 4A: Identify the Portfolio Risk Management Processes

• Topic 4B: Identify Portfolio Risks

• Topic 4C: Analyze Portfolio Risks

• Topic 4D: Develop Portfolio Risk Responses

Lesson 5: Balancing and Authorizing Portfolio Components

• Topic 5A: Balance a Portfolio

• Topic 5B: Communicate Portfolio Adjustments

• Topic 5C: Authorize Portfolio Components

Lesson 6: Monitoring and Controlling Portfolios

• Topic 6A: Monitor and Control Portfolio Risks

• Topic 6B: Review and Report Portfolio Performance

• Topic 6C: Monitor Business Strategy Changes

Lesson 7: Examining Portfolio Management Implementation

• Topic 7A: Define the PMO's Relationship with Portfolio Management

• Topic 7B: Describe PMO Establishment and Operational Methods

• Topic 7C: Describe the Portfolio Management Implementation Process