Introduction
Applying portfolio management is essential as studies have consistently shown organizations today fail to implement their strategies. The failure rate differs among studies, but even the most optimistic puts the failure rate at 50% with some studies showing it as high as 90%. One of the primary reasons for strategy implementation failure is poor project investment selection and poor organizational focus. This results in significant waste and ineffective use of precious assets and resources. Confronting the issue of investment selection and prioritization as well as limited resources, organizations must work “smarter” by focusing their limited resources on the most important and highest priority endeavors.
Portfolio management is the discipline of selecting, approving, and directing optimal active investment opportunities including projects, programs, operational engagements, and other endeavors. Portfolio managers require a deep understanding of organizational strategy and its alignment with execution, a well-honed governance structure to support and reinforce decisions (which may not always be popular), analyze capabilities including resource capacity and skills, manage communication, and embrace risk.
Course Description & Benefits
The Portfolio Management Essentials 1 Day course provides a broad overview of portfolio management. Starting with strategy, the course presents portfolio management as the bridge that connects planning with action. The course will discuss important frameworks, key concepts, useful tools and techniques, case studies, and an overview of the latest PMI certification in portfolio management (PfMP).
The course content is based on PMO Advisory’s consulting methodology and the latest industry and professional development. It will be led by certified portfolio professionals. The benefits for participants are immense. Not only will the participants learn about the essentials of portfolio management, but they will also learn how to apply the selective principles, tools, and techniques.
Target Audience
The target groups for this course are everyone who works in portfolio management environments including:
- Project and PMO professionals who are helping their organizations with project investment decisions
- Project leaders who are managing large quantities and pools of resources and wish to move into the driver seat
- Financial, marketing and operational professionals who work closely with project managers in their organization and who also influence and contribute to the strategy implementation process.
- Up and coming project professionals who are ready to take the next leap into mid- to upper-level leadership
- We also have seen a high number of senior project professionals who are “accidental project managers” and who have grown beyond PMP. This is an excellent introductory course for those who are considering the PfMP certification.
Fees
$699. For professionals and executives that possesses PMI certifications such as PMP, this course earns 8 PDUs (4 Technical, 2 Leadership, 2 Strategic).
If you have any questions, please call us at 844-PMO-CERT or Email Us.
Note: The February 9th class is now closed. If you are interested in this course, please email us at cert@pmoadvisory.com.
PMI, PfMP, PgMP, PMP, CAPM, PMI-RMP, PMI-PBA, PMI-ACP, PMI-SP, and PMI R.E.P are registered marks of Project Management Institute, Inc.