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Implementing Portfolio Management
No company has the resources to meet all of its business needs. This is true in the best of times. It certainly is even truer when times are tough. Even if your company is a rare one that has all the money it needs, you definitely do not have the people to complete everything you would like. Portfolio management is a process to ensure that your company spends its scarce resources on the work that is of the most value to your company, and work that is most closely aligned to your business goals and strategies.
This class shows attendees the many aspects of portfolio management that must be understood before the concepts can be deployed. The class also demonstrates a specific and comprehensive six-stage model for implementing portfolio management - Definition, Foundation, Selection, Prioritization, Authorization and Activation.
Prerequisites
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None, this class provides a basic overview of all aspects of establishing and managing portfolios of work |
Learning Objectives
At the end of this class, participants will be able to:
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Understand the basic concepts and benefits of portfolio management |
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Establish a work effort to define and lay the foundation for portfolio management |
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Create an overall model for selecting, prioritizing and authorizing work in the portfolio |
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Feel comfortable with their knowledge of how the portfolio is managed on an ongoing basis |
Who Should Attend
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Senior managers that will sponsor the establishment and management of portfolios |
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All managers that must help implement portfolios |
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Candidates for the Portfolio Managers |
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All other senior staff members that need to understand these important concepts |
Course Outline
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Portfolio concepts, terms and benefits |
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Define the portfolio structure that is right for your organization |
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Discover the foundation information required to determine work value and alignment |
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Select all potential work for the portfolio |
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Use the foundation results to prioritize work |
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Determine the work that is actually authorized |
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Activate and manage the portfolio on an ongoing basis |
Class Length
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One day |
