Introduction to Project Portfolio Management (Second Edition)

Project Management / Business Training Overview

You will apply generally recognized practices of portfolio management acknowledged by the PMI® and identify the portfolio management processes and knowledge areas to manage portfolios effectively.

Target Student;

Managers interested in gaining a basic understanding of portfolio management or developing portfolio management skills relating to business requirements.

Prerequisites:

A good understanding or work background in project management.

  • Suggested Element K course: Project Management Fundamentals (Second Edition)
  • Suggested but not required: Project Management Professional (PMP®) Certification: Fourth Edition - Comprehensive
Hardware Requirements

The instructor’s computer should have the following hardware configured:
  • Intel® Pentium® IV 300 MHz processor
  • 64 MB of RAM with 1.0 GB of free hard disk space
  • CD-ROM drive
  • Super VGA recommended (set at least to 800 x 600 screen resolution) with 256 colors
  • Projection system
Certification

The PMI Scheduling Professional (PMI-SP)® Certification course is designed to help you prepare for the PMI Scheduling Professional (PMI-SP)® Certification. Taking this course and using this student guide will help you prepare for the certification. Software Requirements

Each computer requires the following software:

  • Microsoft® Office® 2003 or later
Performance-Based Objectives

Upon successful completion of this course, students will be able to:

  • identify the fundamentals of portfolio management.
  • identify the various stages in the portfolio management process.
  • select and prioritize portfolio components.
  • perform risk analysis and develop portfolio risk responses.
  • balance portfolios and authorize portfolio components.
  • monitor and control portfolios.
  • identify the key components of portfolio management implementation in the organization.
Course duration

2.0 Day(s)

Project Management / Business Training outline

Lesson 1: Getting Started with Portfolio Management

  • Topic 1A: Portfolio Management Overview
  • Topic 1B: Identify the Need for Portfolio Management
  • Topic 1C: Describe Portfolio Management's Relationship Within the Organization
Lesson 2: Understanding the Portfolio Management Processes
  • Topic 2A: Describe Organizational Influences
  • Topic 2B: Processes in the Portfolio Management Life Cycle
Lesson 3: Selecting and Prioritizing Portfolio Components
  • Topic 3A: Identify Portfolio Components
  • Topic 3B: Categorize Portfolio Components
  • Topic 3C: Evaluate Portfolio Components
  • Topic 3D: Select Portfolio Components
  • Topic 3E: Prioritize Portfolio Components
Lesson 4: Performing Risk Analysis and Developing Risk Responses
  • Topic 4A: Identify the Portfolio Risk Management Processes
  • Topic 4B: Identify Portfolio Risks
  • Topic 4C: Analyze Portfolio Risks
  • Topic 4D: Develop Portfolio Risk Responses
Lesson 5: Balancing and Authorizing Portfolio Components
  • Topic 5A: Balance a Portfolio
  • Topic 5B: Communicate Portfolio Adjustments
  • Topic 5C: Authorize Portfolio Components
Lesson 6: Monitoring and Controlling Portfolios
  • Topic 6A: Monitor and Control Portfolio Risks
  • Topic 6B: Review and Report Portfolio Performance
  • Topic 6C: Monitor Business Strategy Changes
Lesson 7: Examining Portfolio Management Implementation
  • Topic 7A: Define the PMO's Relationship with Portfolio Management
  • Topic 7B: Describe PMO Establishment and Operational Methods
  • Topic 7C: Describe the Portfolio Management Implementation Process

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