About the Course
This course is designed to provide you with a broad understanding of what portfolio management is and how it relates to project and programme management.
Duration
The course will take approximately four to five hours to complete.
Exam
It is an online course without exam.
Learning Objectives
By the end of the learning, you will be introduced to:
- The fundamentals of portfolio management and how it relates to project and programme management.
- What we mean by a portfolio cycle, and how this differs from a project and programme lifecycle.
- The individual elements of the typical portfolio cycle.
- The concepts like portfolio segmentation, prioritisation and optimisation and think about what drives the cycle.
- The three steps of a typical portfolio management cycle.
- Portfolio governance and how this aligns with governance structures.
- The importance of understanding an organization’s corporate, or strategic objectives, and how techniques like VMOST could help.
- How objectives could change over time in response to drivers, and the portfolio cycle and re-iterate how the typical portfolio cycle considers alignment with objectives throughout.
- The ‘Plan’ element of the typical portfolio cycle in more depth.
- The use of multi-point estimation and consider reporting and escalations from both project and programme levels.
- The challenges posed by annual budgeting cycles.
- The need for effective resource management and consider what happens if it is not present.
- The portfolio organisation and the importance of the portfolio office.
- What an agile portfolio may look like and understand how agile relates to a typical portfolio management cycle.
- A typical portfolio framework, how to implement it, and how to sustain it once implemented.
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