Management of Portfolios Foundation
Course
In Milton Keynes, Manchester, Bristol and 3 other venues
Description
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Type
Course
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Location
Management of Portfolios (MoP™) provides advice and examples of how to apply principles, practices, and techniques that together enable the most effective balance of organisational change and business as usual.
Facilities
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Reviews
Subjects
- IT
- Management
- IT Management
Course programme
- The definitions of portfolio and portfolio management
- The portfolio management model and the relationship between the principles, cycles, practices and relevant techniques
- The differences between portfolios and portfolio management on the one hand, and projects/project management and programmes/programme management on the other
- The local circumstances that will affect how the MoP™ principles and practices will be adapted and how cost effective approaches can be adopted
- The objectives and benefits of portfolio management
- The three broad approaches to implementing portfolio management; when each approach to implementation is most relevant, the advantages of planned approaches to implementation
- The benefits of assessing the impact of portfolio management
- Seven steps (and their benefits) in a staged implementation of portfolio management
- The factors to consider in sustaining progress
- Approaches to assessing portfolio management maturity
The 6 key functions/activities that portfolio management needs to coordinate with to achieve strategic objectives Identify how portfolio management can:
- Coordinate with Business As Usual, strategic planning, resource allocation and budgeting, project and programme management, performance management to deliver strategic objectives
- Support effective corporate governance
The 5 principles upon which effective portfolio management is based
- Senior management commitment
- Governance alignment
- Strategy alignment
- Portfolio office
- Energised change culture
The portfolio definition practices:
- Understand
- Categorize
- Prioritize
- Balance
- Plan
- Three point estimating and reference class forecasting
- Driver-based strategic contribution analysis
- Multi-criteria analysis
- Decision conferencing
- Clear line of sight
The portfolio delivery practices:
- Management control
- Benefits management
- Financial management
- Risk management
- Stakeholder engagement
- Organizational governance
- Resource management
- Management by exception
- One version of the truth
- Staged release of funding
- Clear line of sight reporting
- Champion-challenger model
- The purposes and responsibilities of the main portfolio management roles identified in MoP™
- The purposes of the main portfolio management documentation
Management of Portfolios Foundation