Management of Portfolios Foundation

Course

In Milton Keynes, Manchester, Bristol and 3 other venues

£ 1,095 + VAT

Description

  • Type

    Course

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

Location

Start date

Birmingham (West Midlands)

Start date

On request
Bristol (Avon)

Start date

On request
Glasgow (Glasgow City)

Start date

On request
London
See map
Clerks Court 18-20 Farringdon Lane Clerkenwell, EC1R 3AU

Start date

On request
Manchester (Greater Manchester)

Start date

On request
Milton Keynes (Buckinghamshire)

Start date

On request
See all (6)

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Subjects

  • IT
  • Management
  • IT Management

Course programme

Overview

  • 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

Implement, sustain and measure

  • 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

Strategic and organizational context

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

Portfolio management principles

The 5 principles upon which effective portfolio management is based

  • Senior management commitment
  • Governance alignment
  • Strategy alignment
  • Portfolio office
  • Energised change culture

Portfolio definition cycle

The portfolio definition practices:

  • Understand
  • Categorize
  • Prioritize
  • Balance
  • Plan
Understand the terms and concepts relating to the portfolio definition cycle. The techniques of:
  • Three point estimating and reference class forecasting
  • Driver-based strategic contribution analysis
  • Multi-criteria analysis
  • Decision conferencing
  • Clear line of sight
What is involved and the keys to success

Portfolio delivery cycle

The portfolio delivery practices:

  • Management control
  • Benefits management
  • Financial management
  • Risk management
  • Stakeholder engagement
  • Organizational governance
  • Resource management
The techniques of:
  • Management by exception
  • One version of the truth
  • Staged release of funding
  • Clear line of sight reporting
  • Champion-challenger model
What is involved, the main elements, and keys to success

Roles and documentation

  • 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

£ 1,095 + VAT