Using Project Portfolio Management to Maximize Project Value

The Challenge
Every enterprise invests resources (money; time) in projects. And everyone wants project success, but that success sometimes can prove to be elusive. Why do so many of our projects run into trouble? Are we really getting the value out of our projects that we intend? Are we even choosing to fund the right projects? Do all of our projects support the business strategies of the organization? Are we making the most of our project investment?

The Solution
Project Portfolio Management (PPM) is the primary business process that underlies execution of an organization's Business Strategy. It is through PPM that we prioritize, fund, oversee and evaluate our projects. Effective PPM ensures that we do the right projects at the right time and helps us to maximize the Business Value that we obtain from each project. This management workshop explains the purpose and benefits of PPM, and offers specific steps that you can take to put PPM to work in your organization.

Who should attend
This portfolio management workshop will benefit anyone who wants to get the most out of every project dollar: CEO, CFO, COO, CIO, other Senior Executives, PMO Director, Functional Managers and Executives with project responsibility, Portfolio Managers, and anyone who uses projects to execute Business Strategy.

Learning Objectives – Understand the following:

Nature of the project portfolio
Every project is an investment
How Project Portfolio Management (PPM) helps us manage the project portfolio
Why PPM is critical to any business
How to fund the right projects at the right time
How the Project Management Office (PMO) is an important PPM partner
Value of formal Project Management
Keeping the Project Portfolio up to date
Important PPM governance structures
How PPM supports the CFO
Nature of Business Value
Role of the Executive Team in PPM
Steps that managers can take to optimize PPM in their enterprise

Learning Approach

A highly experienced instructor will use an interactive lecture format, group discussions and other techniques to drive home the essential points of this material
We will build on your prior experience in this topic, while providing you with a structure and vocabulary to use in future projects.
You will receive a Student Guide which will help you follow the material, take notes and retain what you learned so that you can apply it on your job.

Why should I take this workshop?

Using Project Portfolio Management to Maximize Project Value presents a practical approach to implementing PPM in a way that can drive your Business Strategy forward. You should be able to make immediate use of the concepts presented in this workshop.
Take this workshop and learn what you can do to ensure that your projects support your strategy, and your organization fully supports the success of every project.
Learn what you can do to enhance the Business Value that projects deliver.
Portfolio Management Training delivers insights into the project delivery and funding process that are not available in standard Project Management Training. This management workshop provides executive training at its best.

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: 1712
Duration: Half Day
Class size: 6 - 40
Includes:
· PMP® certified instruction
· Student Guide
· Participation Certificate
· 3 PDUs

Download this course description as a printable PDF document.

Pricing Information
On-site discounts are available.

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Fill out the Training Request Form online or call 1-800-877-8129
(+1 919-495-7371)

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(+1 919-495-7371) for more information.