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Maximize the Value of Your Project Investments

This class has been carefully designed to meet the training needs of a management audience with diverse interests, e.g. ensuring post-project Business Value realization; selecting projects that align with current strategy; ensuring that projects deliver an acceptable ROI. To do this, we have integrated a range of topics that should be both interesting and valuable to all who attend. While based on current PMI® standards, all topics are supplemented with field-proven best practices that are effective in any project setting. Topics include:

Defining project Business Value
Optimizing Business Value in projects
Locking in a good project ROI
What the Project Sponsor can do
Identifying, prioritizing and funding the right projects
Ensuring that projects fulfill strategy
Managing the Project Pipeline
Avoiding common sources of project failure
Project Success Strategies that management can follow

Who should attend
This course is of value to managers at all levels, from department heads to top executives. Anyone who requests that projects be done, is concerned with fulfilling business strategy, or who wants to ensure that projects deliver their promised Business Value should consider taking this course.

Course Outline

Section 1: Defining Business Value

Every project is an investment
Characteristics of Business Value
Steps to fully realize Business Value
Planning to reach all four levels of Project Success
Value of Project Portfolio Management (PfM)
Managing for long-term project value
What the Sponsor Can Do to lock in a good ROI
What Executive Management Can Do

Section 2: Project Portfolio Management Supports Strategy

Fundamental PfM Concepts
Promise of PfM
What to look for in a Project Proposal
Putting a Value on Proposed Projects
Project Selection Criteria
Measuring a project's alignment with current Strategy
Project Selection Logic
Determining the projects with greatest value
Budget allocation
Master Project Schedule: Time-phased rollout of Value
Managing the Project Pipeline
What Management can do to make PfM effective

Section 3: Formal Project Management Improves ROI

Sources of Project Success and Failure
Important management control points that promote success
Portfolio rebalance

This course includes hands-on exercises and discussions designed to reinforce learning and retention.

Why should I take this course?

This course explains how to ensure that Business Value is fully considered throughout the life of a project and beyond. As a result, your organization is more likely to get what it wants from its projects.
Attendees take home a whole new set of tools and techniques that can help them realize a much better return on their project investments.

Learning Approach

A highly experienced instructor will use interactive lecture format, hands-on exercises and group discussions to drive home the essential points of this material.
The course is completed in a single day. Training includes exercises, four short breaks and an hour for lunch.
We will build on your prior experience in this topic, while providing you with a structure and vocabulary to use in future projects.
If project portfolio management is new to you, you will find that the clarity of the material and direct presentation style of the instructor will make the subject matter easy to understand.
You will receive a Participant Guide which will help you follow the material, take notes and retain what you learned so that you can apply it on your job.

Licensing
Use this courseware to teach your students! This course is available under license to qualified Training Providers. Courseware materials include:

Instructor slides
Instructor manual with timing guide
Printed participant guide
Train the Trainer instruction
Written for classroom or virtual delivery

For more information, see Courseware-On-Demand or Contact Us

Every course and workshop in our Project Training program is fully customizable. We offer virtual delivery of the training program you need. Call us: +1.919.495.7371.

All of our courses are fully compliant with the latest release of each relevant standards document such as the PMBOK® Guide, Standard for Portfolio Management, BABOK® Guide, and others.

Course Information

Course ID: 1766
Duration: 1 day
Delivery: Virtual or onsite
Class size: 6 to 30
Includes:
· PMP® certified instructor
· Participant Guide
· Participation Certificate
· 7 PDUs
Tech:1 Lead:3 Strat:3

Download this course description as a printable PDF document.

Pricing Information
On-site discounts are available.

Ready to enroll?
Call 1-800-877-8129
(+1 919-495-7371)

Questions?
Please feel free to Contact Us

Training Providers:
License this courseware!

For for more information, call:
800-877-8129 or
(+1 919-495-7371)