A practical, accelerated approach to the key concepts that drive extremely successful PPM functions
What you will learn
The student should understand basic PPM concepts and the important contextual issues that need to be addressed as part of PPM Implementation.
The student should know basic proficiency in using a PPM Tool to support the management of PPM functions.
The student should be familiar with the basic structural components of a PPM function and should also understand how to “scale” PPM function Implementations.
The student should understand all of the key concepts that necessary to effectively manage a PPM function.
Description
This course is intended for experienced program and project management professionals who need to learn the key concepts that will assist them in getting their Project Portfolio Management (PPM) functions up and running as soon as possible and with a high probability of sustainable success.
The course covers the following key concepts in a practical, hands-on fashion:
1. The Rationale for PPM and, why PPM matters
- Why the Project Centric nature of more and more organizations increases the importance of PPM
- The overall financial value of PPM
- Real World Examples of PPM
2. Establishing the Right Context for PPM
- Considerations for managing different types of projects within different groups in the enterprise
- Why Organizational Change Management Considerations are critical success factors for PPM
- Determining the right balance of Project Management Methodology and Project Processes
- Navigating Project Management and PPM Tool Considerations
- Assessing and Improving Project Management Performance within PPM functions
- PPM Team Member Considerations
3. Creating Your PPM Structure
- Why Create Portfolios and Programs?
- Suggested types of Portfolios and Programs
- Demand Management fundamentals
4. Managing your PPM Solution
- Enterprise Resource Management
- Financial Management
- Project Metrics across the PPM function
- Enterprise Project Status Reporting
- Enterprise Project Performance Management
The course also offers a free, one-year license to a PPM tool (ITM Platform) that will be used in the course, and that can also be used to begin the development of a PPM solution.
Content