Program & Project Management

Program Portfolio Management

Course Code: 01-14-PS13

This 2-day course lays the foundation for portfolio management as an essential tool for effective program, project and organizational success. The course discusses the relationship between portfolios, programs and projects, and applies delves into those relationships through discussion and case studies. The role of the program manager, project manager, team member, sponsors and governance body are defined and applied during practical exercises intended to demonstrate the need and complexities associated with strategic, program and project portfolios. Also addressed, are the portfolio management process groups, portfolio strategic management, the portfolio roadmap, communications management, and portfolio risk management.

Performance Objectives: Upon completion of this course, participants should be able to:

  • Understand what a portfolio is, and its potential contribution to organization, program and project success
  • Identify the nature and purpose of strategic, program and project portfolios
  • Recognize and apply the basics of portfolio management
  • Recognize the key strategic elements of portfolio management
  • Understand the portfolio knowledge management groups and the importance to the portfolio process
  • Address the need for strategic management of portfolio resources
  • Apply the principles of capacity and capability management in assessing portfolio opportunities
  • Understand the need to identify the current state and desired state for progressive organizations and programs, and the impact on the portfolio process
  • Apply the principles of value-based project selection to the portfolio process

Audience: Employees whose work involves the planning and management of programs.This course applies to private, public, government municipal and federal entities.