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Project Portfolio Management: Tools and Techniques

 

Project portfolio management is essential to ensure that your projects and programs are supportive of your organization's strategic objectives. In the portfolio management environment, there is a predefined process for selecting projects and a uniform process for evaluating their success. Learn the tools and techniques to establish and enhance project portfolio management in your organization.

Benefits and Learning Outcomes

  • Communicate key concepts and terms used in a portfolio management organization
  • Discuss and analyze different portfolio management models
  • Employ a process for implementing project portfolio management in your organization
  • Develop and manage a personal project portfolio

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Course Outline/Topics

Seminar Outline

Introduction
• What is a portfolio?
• What is project portfolio management?
• Why is portfolio management important?
• Where do best practices originate?
• What difference does the industry make?
• What difference does the organization make?
• Do regulated industries have an easier time?

The Organization & PPM
• Determining organizational governance
• Establishing project governance
• Communicating the business case for PPM
• Identifying optimal versus best practices for PPM
• Creating a comprehensive portfolio
• Identifying the stakeholders

Implementing Project Portfolio Management Protocols and Practice
• What are the procedures and processes are critical to implementing a PPM process?
• How to create a project inventory?
• Developing criteria to evaluate projects
• Categorizing projects
• Developing a method to categorize projects
• Confirming project approval
• Establishing critical success measurements for PPM
• Establishing an organizational master schedule

Project Portfolio Management Models, Processes and Knowledge Areas
• Reviewing PPM knowledge areas & process groups
• Understanding project scoring models
• Identify key performance indicators
• Develop a ranking process for projects by category, criteria, budget or key performance indicator

Maintaining the Portfolio Management Protocol and Process
• Keeping up the protocol
• Managing the queue
• Reconciling results
• Continuing to reshaping the portfolio process
• Cancelling projects
• Dealing with pet projects
• Getting to strategic advantage

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This program can be applied toward the:

Prerequisites
Project Management Foundations
  Sessions  
Wed.-Thu., June 24-25
8:30am-4:30pm
Location: UWM School of Continuing Education (Click link for directions)
Instructor: Sandra Hoskins, ISP, ITCP, PMP
$845
CEUs: 1.4/PDUs: 14
Program No. 5025-7309
Register Now
 
Mon.-Tue., Dec. 14-15
8:30am-4:30pm
Location: UWM School of Continuing Education (Click link for directions)
Instructor: Sandra Hoskins, ISP, ITCP, PMP
$845
CEUs: 1.4/PDUs: 14
Program No. 5025-7997
 
For more information, contact:
Maribeth Sacho, Program Associate, msacho@uwm.edu, 414-227-3337
Anne O'Meara, Program Director, aomeara@uwm.edu, 414-227-3311
 

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