Portfolio Management Professional Exam Preparation Course
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Course Overview
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 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.
PMI™ created the PfMP® credential mainly focused on addressing this major gap in organizational project management. Portfolio management is commonly viewed as the apex of the project management professional ladder. Portfolio managers often plan mid-to upper level leadership roles, working with business executives to influence and determine project investments. The PfMP® certification provides the necessary credential and credibility to be at the same table with senior executives.
PMI™ and PfMP® are registered marks of Project Management Institute, Inc.
PMI™ created the PfMP® credential mainly focused on addressing this major gap in organizational project management. Portfolio management is commonly viewed as the apex of the project management professional ladder. Portfolio managers often plan mid-to upper level leadership roles, working with business executives to influence and determine project investments. The PfMP® certification provides the necessary credential and credibility to be at the same table with senior executives.
PMI™ and PfMP® are registered marks of Project Management Institute, Inc.
Key Takeaways
1
What are Portfolios, what is Portfolio Management and The five Portfolio Management knowledge areas
2
The interaction between Portfolio Management, Program / Project Management and Organization Strategy
3
The Role of the Portfolio Manager and other key roles in Portfolio Management
4
How to design, Prioritize, build the portfolio and manage the portfolio component relationships
5
The Three Portfolio Management Process Groups and the interactions among them
Project Management Institute
PMI is one of the world’s largest notfor-profit membership associations for the project management profession. Our professional resources and research empower more than 700,000 members, credential holders and volunteers in nearly every country in the world to enhance their careers, improve their organizations’ success and further mature the profession. PMI™ and PMP® are registered marks of Project Management Institute, Inc.
Course Outline
Day 1
Introductions and Expectations
→ Health, safety and logistical information
→ Introductions
→ Course content and agenda
→ Participant’s expectations
→ Introduction of the PfMP® certification track
→ Introductions
→ Course content and agenda
→ Participant’s expectations
→ Introduction of the PfMP® certification track
Defining Portfolio Management
→ Learning objectives
→ Domain description
→ Key definitions
→ What is portfolio management?
→ Projects, programs, portfolios
→ Areas of emphasis
→ Portfolio stakeholder management
→ Portfolio governance
→ Cost and benefit profile and the portfolio life cycle
→ Benefits management and portfolio management life cycles
Exercise
→ Domain description
→ Key definitions
→ What is portfolio management?
→ Projects, programs, portfolios
→ Areas of emphasis
→ Portfolio stakeholder management
→ Portfolio governance
→ Cost and benefit profile and the portfolio life cycle
→ Benefits management and portfolio management life cycles
Exercise
Day 2
The Portfolio Life Cycle
→ Overview of Life Cycle
→ Portfolio Management Information System (PMIS)
→ Governance within the Portfolio Life Cycle
→ Portfolio Management Information System (PMIS)
→ Governance within the Portfolio Life Cycle
Strategic Management
→ Strategy concepts
→ Supporting documentation andthe strategic plan
→ Planning and optimization
→ Organizational risk appetite
→ Managing strategic change
→ Supporting documentation andthe strategic plan
→ Planning and optimization
→ Organizational risk appetite
→ Managing strategic change
Day 3
Governance Management
→ Overview and Guiding Principles
→ The Concept of Governance
→ Effective Design Factors
→ Governance Roles
→ Capacity and Capability Management
→ Overview and Guiding Principles
→ Capacity Management and Planning
→ Supply and Demand (Management and Optimization)
→ Organization Capabilities (Assessment and Development)
→ Performance Management (Reporting, Analytics, and Balance)
→ The Concept of Governance
→ Effective Design Factors
→ Governance Roles
→ Capacity and Capability Management
→ Overview and Guiding Principles
→ Capacity Management and Planning
→ Supply and Demand (Management and Optimization)
→ Organization Capabilities (Assessment and Development)
→ Performance Management (Reporting, Analytics, and Balance)
Stakeholder Engagement
→ The Importance of Stakeholders
→ Overview and Guiding Principles
→ Definition and Identification
→ Analysis and Planning
→ Communications Approaches and Management
→ Overview and Guiding Principles
→ Definition and Identification
→ Analysis and Planning
→ Communications Approaches and Management
Day 4
Value Management
→ Overview (Guiding Principles, Definition, and Components)
→ Negotiating Expected Value
→ Maximizing Value
→ Assuring Value
→ Realizing Value
→ Measuring and Reporting Value
→ A Look at Tools
→ Risk Management
→ Overview and Guiding Principles
→ Portfolio Risk Planning
→ Portfolio Risk Identification
→ Portfolio Risk Assessment
→ Portfolio Risk Response
→ Negotiating Expected Value
→ Maximizing Value
→ Assuring Value
→ Realizing Value
→ Measuring and Reporting Value
→ A Look at Tools
→ Risk Management
→ Overview and Guiding Principles
→ Portfolio Risk Planning
→ Portfolio Risk Identification
→ Portfolio Risk Assessment
→ Portfolio Risk Response
Day 5
Exam Prep and Practice
→ Overview
→ Documenting experience
→ Submitting the application
→ Preparing to sit for the exam
Wrap Up/Next Steps
→ Documenting experience
→ Submitting the application
→ Preparing to sit for the exam
Wrap Up/Next Steps
Who Should Attend?
This highly practical and interactive course has been specifically designed for
This program is designed for Portfolio Managers, Senior Project Managers, Senior Team Leaders, Program Managers, Software Managers, and Senior Technical leaders who want to develop or improve their Portfolio Management knowledge and skills based on global standards and best practices. If you’re an executive or senior-level practitioner managing a portfolio of projects and programs aligned with organizational strategy and focused on doing the right work, then the PfMP is the right choice for you.
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FAQ
What language will the course be taught in and what level of English do I need to take part in an LEORON training program?
Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.
Are LEORON Public courses certified by an official body/organization?
LEORON Institute partners with 20+ international bodies and associations.We also award continuing professional development credits (CPE/PDUs) for:1. NASBA (National Association of State Boards of Accountancy) 2. Project Management Institute PDUs 3. CISI credits 4. GARP credits 5. HRCI recertification credits 6. SHRM recertification credits
What is the deadline for registering to a public course?
The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +1071 4 1075 5711 or [email protected].
What does the course fee cover?
The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.
Does LEORON give discounts?
Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.