Learn to manage project portfolios to meet your organization's strategic objectives. In this course, you will learn what it takes to maximize the number and strategic value of the projects that your organization completes.
DurationLearn to manage project portfolios to meet your organization's strategic objectives. In this course, you will learn what it takes to maximize the number and strategic value of the projects that your organization completes.
This course is designed for anyone involved in the development and execution of organizational strategy.
Who Should Attend
enior executives responsible for organizational strategy
Managers responsible for developing organizational strategy or for making strategic recommendations
Portfolio managers, project managers, and program managers
Members of portfolio, program, or project offices
Operational managers who are impacted or impact portfolios
Project team members, customers, and other stakeholders of the portfolio management process
What You'll Learn
Differentiate project portfolio management from other management disciplines
Relate projects to an organization's strategic objectives
Explain what is involved in project prioritization in large, complex organizations
Develop and apply a project prioritization model that incorporates the many and varied aspects of project value
Prioritize projects on the basis of their strategic value
Schedule projects on the basis of strategic priorities so as to maximize the benefits derived from an organization's ability to complete projects
Maximize the volume of projects that can be completed by developing defensive capacity of non-limiting resources
Maximize the value of projects that are completed by ensuring the right projects are being completed in the right order
Simplify the portfolio management process by focusing management attention on the bottlenecks to project completion
Relate portfolio management success to the contribution made by the Project Management Office
Course Outlines
Portfolio Management Foundations
Organizational Project Management
Portfolio Management and Organizational Strategy
Roles and Responsibilities of a Portfolio Manager
PMI View of Portfolio Management
Project Success And Portfolio Management
Role of Portfolio Management in Project Success
Effective Portfolio Management
Executive Involvement In Portfolio Management
Executive Involvement
Capacity Management
Strategic Alignment
Value Considerations
Project Prioritization
Considerations Other Than Strategic Alignment
Metrics
Project Portfolio Management Complications
Role Of The Project Management Office
Hands-on Exercises:
Terminology
Efficiency of Multitasking
Strategic Priorities and Conflicts
Limiting Resources
Organizational Constraints
Strategic Assets
Conduct a Strategic Evaluation
Develop a Preliminary Prioritization Model
Improve a Project Valuation Model
Perform a Project Analysis
Prioritize Projects
Prerequisites
Project Management Fundamentals
IT Project Management
Global Knowledge is a worldwide leader in IT and technology training, helping individuals and organizations build the skills they need to succeed in an ever-changing world.
With an international network of offices and training facilities, Global Knowledge has the unique flexibility to deliver a broad portfolio of courses on over 100 countries online, in classrooms, and through a worldwide partner network.
Established in 1995, Global Knowledge has over 1000 employees worldwide and enables the success of more than 200,000 tech professionals each year.
In June 2021, Global Knowledge merged with Skillsoft to create the world’s leading corporate learning company.
Global Knowledge Delivers What Technology And Business Process Can’t—skills.
Whether you realize it or not, skills are the key limiter to your success. Technology and process are crucial for accomplishing organizational objectives, but they’ve been democratized by the digital revolution.
The larger issue are the skill gaps hijacking your technology return on investments. As a result, organizations who are successfully using technology to accelerate success are also successfully transforming the capabilities of their people to maximize investments.
A Foundation In The Technology Community
Our contribution within the global technology community is more than just IT training. Technology’s expanding reach is making every level of staff some sort of technology professional.
The hyper-focused, specialty roles aren’t going anywhere—they’re more necessary than ever—but we also must account for the T-shaped skills. Thus, we train beyond the traditional IT topics and train more people than corporate IT.
We exist to address the total skills profile of technology professionals.
Whether you’re managing mission critical technology initiatives, developing your technical talent pipeline or taking IT products and services to market, our innovative and flexible learning solutions equip you for success.
Why Global Knowledge? Impact.
Sustainable, scalable, repeatable IMPACT—with minimal disruption. That’s why for over 20 years organizations large and small, technology providers, enterprises, and governments around the world come to us.
By providing access to subject matter experts, delivering authorized and industry-leading instruction through multiple delivery formats, we set the stage for your success by reducing skill gaps.
You’ll also see impacts in onboarding and employee retention through improved skills and higher job satisfaction.
This is all driven by the level of quality we set for ourselves. We believe in consistency and maintain rigorous in-house standards, so you receive an exceptional training experience anywhere in the world.
Only a dedicated learning organization specializing in more than one or two topics can deliver this level of impact—and we’re ready to provide it to you.
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