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Description
This workshop will help you understand the basics of effective Portfolio Management in order to meet your organization’s business goals and maximise results.
Businesses and Governments are investing large sums of money and resources on achieving new strategic objectives and creating new capacities and capabilities. It is critical to make right investment decisions on these new initiatives, in order to bring about the expected Return on Investments (ROI) and also ensure thatdesired financial and business goals are achieved from these new investments.
Portfolio Managers are responsible for creating the right investment strategies for the organization’s projects, programs and operations to bring about the expected results. They are responsible for prioritizing the organization goals and various investments for maximum Value Realization. They support Project, Program and Operation Managers by providing the funding and other resources.
Portfolio Managers will also shoulder the responsibility of reducing risk and implementing strategic initiatives to achieve profits.They can earn as much as $201K on an average, making this a career path that is very rewarding.With organizations getting more ambitious with their portfolios and projects getting more complex, this expertise will be in much demand the world over.
This workshop will introduce you to the basic concepts of Portfolio Management, and will help you understand how Portfolio Management is used in real world situations.
What you will learn:
By the end of this course, you will be able to—
- Apply project, program and portfolio concepts based on the characteristics of the work
- Know the roles of Portfolio, program and project managers and the differences between them
- Validate the alignment of portfolios with the organization strategic vision
- Prioritize projects on the basis of their strategic value they bring to the organization
- Maximize the benefits derived from projects
- Improve organization's ability to complete maximum projectswithin the existing capabilities
- Implement Portfolio Level Risk Management
Key Features
Curriculum
This is a basic introductory course and does not cover PMI®’s PfMP® syllabus
Introduction to Portfolio Management
- Projects, programs and portfolios
- The role of a portfolio manager versus a project and program manager
- Portfolio Management and Organization Strategy
- Portfolio Management as per PMI view
Managing the Portfolio
- Strategic Alignment
- Evaluate organizational strategic goals and objectives
- Identify projects and programs in line with organization goals
- Prioritize and select projects and programs with regards to value they bring to meet organizational goals
- Develop High-level Portfolio Roadmap aligning with Organizational Strategies
Governance
- Establish the governance model,
- Develop the portfolio management plan including various policies and processes for Portfolio Management
- Approve the portfolios
Portfolio Performance
- Initiate the portfolio using the portfolio roadmap
- Collect and consolidate key performance metric data
- Monitor the portfolio performance on an on-going basis
- Manage portfolio changes using change management techniques
- Balance portfolio and prioritize portfolio components
- Measure Portfolio Performance and Optimize
Portfolio Risk Management
- Develop, monitor, and maintain portfolio-level risk register
- Promote common understanding and stakeholder ownership of portfolio risks
- Provide recommendation and obtain approval for a portfolio management reserve
Portfolio Communication
- Portfolio Level Stakeholder Identification and Analysis, Need Assessment
- Developing Communication Strategy for effective engagement of stakeholder for portfolio decision and buy-ins
- Effective on-going engagement of Portfolio Stakeholders
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My special thanks to the trainer for his dedication and patience. I learned many things from him. I would also thank the support team for their help. It was well-organised, great work Knowledgehut team!
Attended Certified ScrumMaster (CSM)® workshop in July 2020The trainer was really helpful and completed the syllabus on time and also provided live examples which helped me to remember the concepts. Now, I am in the process of completing the certification. Overall good experience.
Attended PMP® Certification workshop in April 2020I would like to thank the KnowledgeHut team for the overall experience. My trainer was fantastic. Trainers at KnowledgeHut are well experienced and really helpful. They completed the syllabus on time, and also helped me with real world examples.
Attended Agile and Scrum workshop in June 2020The skills I gained from KnowledgeHut's training session has helped me become a better manager. I learned not just technical skills but even people skills. I must say the course helped in my overall development. Thank you KnowledgeHut.
Attended PMP® Certification workshop in April 2020This is a great course to invest in. The trainers are experienced, conduct the sessions with enthusiasm and ensure that participants are well prepared for the industry. I would like to thank my trainer for his guidance.
Attended PMP® Certification workshop in July 2020I really enjoyed the training session and am extremely satisfied. All my doubts on the topics were cleared with live examples. KnowledgeHut has got the best trainers in the education industry. Overall the session was a great experience.
Attended Agile and Scrum workshop in February 2020Knowledgehut is among the best training providers in the market with highly qualified and experienced trainers. The course covered all the topics with live examples. Overall the training session was a great experience.
Attended Agile and Scrum workshop in February 2020I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and I liked his practical way of teaching. The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut.
Attended Certified ScrumMaster (CSM)® workshop in June 2020
Mirelle Takata
Network Systems Administrator
Vito Dapice
Data Quality Manager
Elyssa Taber
IT Manager.
Astrid Corduas
Senior Web Administrator
Barton Fonseka
Information Security Analyst.
Tilly Grigoletto
Solutions Architect.
Garek Bavaro
Information Systems Manager
Ike Cabilio
Web Developer.Frequently Asked Questions
The attendees need to have some prior experience of managing multiple projects, programs and also portfolios.
- Senior 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
With organizations getting increasingly involved in multiple projects that often span geographies, it is important to practice portfolio management that involves the grouping of interrelated projects in terms of their requirements. A successful portfolio manager is able to manage resources successfully across projects and deliver business results. This tutorial has been designed to help you understand portfolio management with practical work, case studies and theory. Grasping these fundamentals will help you handle projects and programs with expertise and become a successful manager.
On successful completion of the course you will receive a course completion certificate issued by KnowledgeHut.
You will receive 1 credit per hour of learning which totals to 8 credits for the entire workshop.
Your instructors are industry veterans who have successfully led project, program and portfolio management in organizations across sectors and will hand hold you through its practical and strategic aspects.
Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding) Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: https://www.knowledgehut.com/refund-policy
Please send in an email to support@knowledgehut.com, and we will answer any queries you may have!