Training Course on Portfolio Project Management Professional
INTRODUCTION
Portfolio Project Management (PPM) is a strategic approach to managing multiple projects in alignment with an organization’s goals, resources, and capabilities. PPM allows professionals to prioritize projects, allocate resources efficiently, mitigate risks, and ensure the portfolio delivers maximum value to the organization.
This course is designed for professionals who manage or oversee multiple projects and are looking to build a deeper understanding of PPM principles and practices. Participants will learn how to align projects with strategic objectives, balance resources across a portfolio, and manage risks and dependencies across projects. The course emphasizes the tools, frameworks, and best practices necessary to make informed portfolio decisions that drive business success.
This course is designed for professionals who are responsible for managing multiple projects or overseeing programs and portfolios within their organizations. It’s particularly suitable for project managers, program managers, portfolio managers, and senior leaders looking to align project work with strategic goals, maximize resource efficiency, and improve project success rates across the portfolio.
DURATION
5 Days
TARGET AUDIENCE
This Macskills Development Institute Portfolio Project Management Professional training course is is designed for professionals who are responsible for managing multiple projects or overseeing programs and portfolios within their organizations. It’s particularly suitable for project managers, program managers, portfolio managers, and senior leaders looking to align project work with strategic goals, maximize resource efficiency, and improve project success rates across the portfolio.
OBJECTIVES
By the end of this course, participants will be able to:
- Understand the fundamentals of Portfolio Project Management – Learn the key concepts, processes, and principles of PPM.
- Align portfolio projects with organizational strategy – Develop skills in strategic planning and ensure projects contribute to the overall business goals.
- Optimize resource allocation and utilization – Learn to effectively allocate resources across multiple projects and balance competing demands.
- Develop a balanced project portfolio – Prioritize projects based on risk, return, and strategic importance to maintain a healthy project portfolio.
- Manage portfolio risks and dependencies – Identify and mitigate cross-project risks and manage interdependencies within the portfolio.
- Use portfolio management tools and techniques – Gain practical experience using tools like Microsoft Project, Planview, or similar software for portfolio management.
- Measure and report portfolio performance – Learn how to monitor portfolio performance and report value delivered to stakeholders.
COURSE OUTLINE
Module 1: Introduction to Portfolio Project Management
- Overview of Portfolio Management
- Difference Between Project, Program, and Portfolio Management
- Benefits of PPM for Organizations
- Key Concepts: Governance, Risk, Resource Management, and Strategic Alignment
Module 2: Aligning Portfolios with Organizational Strategy
- Understanding Business Strategy and Goals
- Strategic Alignment of Projects within the Portfolio
- Creating a Portfolio Strategic Plan
- Identifying and Balancing Competing Priorities
- Aligning Stakeholders and Managing Expectations
Module 3: Portfolio Selection and Prioritization
- Portfolio Selection Criteria: Value, Risk, Return, and Feasibility
- Project Prioritization Techniques: Scoring Models, Weighted Criteria
- Balancing High-Risk and Low-Risk Projects
- Decision-Making Frameworks for Project Selection
- Scenario Planning and Portfolio Optimization
Module 4: Resource Allocation and Capacity Planning
- Understanding Resource Constraints and Dependencies
- Techniques for Resource Allocation Across Multiple Projects
- Balancing Resource Demand vs. Availability
- Resource-Leveling and Allocation Tools
- Managing Conflicting Priorities and Shared Resources
Module 5: Managing Risks and Dependencies Across Portfolios
- Risk Identification and Assessment in a Portfolio
- Techniques for Managing Cross-Project Risks
- Mapping Project Interdependencies
- Developing a Risk Mitigation and Contingency Plan
- Portfolio-Level Risk Monitoring
Module 6: Portfolio Performance Measurement and Reporting
- Key Performance Indicators (KPIs) for Portfolios
- Monitoring Financial and Non-Financial Metrics
- Earned Value Management (EVM) at the Portfolio Level
- Developing Dashboards and Reporting Tools for Stakeholders
- Continuous Improvement in Portfolio Management
Module 7: Portfolio Management Tools and Technologies
- Overview of Popular PPM Tools (Microsoft Project, Planview, Clarity PPM)
- Setting Up a Portfolio in Software Tools
- Tracking Progress, Managing Resources, and Reporting with Software
- Using Dashboards and Analytics for Informed Decision Making
- Hands-On Practice with Selected Portfolio Management Software
Module 8: Case Studies and Practical Application
- Real-World Case Studies of Portfolio Management Success and Failures
- Practical Exercises in Portfolio Prioritization and Risk Management
- Role-Playing Scenarios for Strategic Decision Making
- Lessons Learned from Managing Complex Portfolios
Module 9: Final Assessment and Course Wrap-Up
- Final Project Submission: Building a Portfolio Management Plan
- Review of Key Learning Outcomes
- Group Discussion: Lessons Learned and Best Practices
- Q&A Session and Feedback
CERTIFICATION
- Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate
TRAINING VENUE
- Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.
AIRPORT PICK UP AND ACCOMMODATION
- Airport pick up and accommodation is arranged upon request
TERMS OF PAYMENT
- Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com
