Strategic project portfolio management

Real-world solutions that work

Gain practical, applicable knowledge on how to design and manage project portfolios.

Master the skills you need to be a project office manager and move up a level in your career!

HOW TO EFFECTIVELY MANAGE YOUR ORGANIZATION'S PROJECT PORTFOLIO?

Anyone whose job has involved managing the project portfolio of an entire organisation or a large department will have encountered these issues:

  • How do I collect and organise project ideas and needs?
  • What criteria should be used to decide whether a project should be included in the portfolio?
  • How can I ensure that the project portfolio and the projects within the portfolio align with the company's strategy and contribute effectively to the achievement of the organizational objectives?
  • How do I strike the right balance between risks and resources?
  • Should you choose the project with high potential or the one with a more certain outcome?
  • How do I plan and manage a portfolio-level roadmap and changes?
  • How do I integrate unexpected projects into my existing portfolio?
  • How can I ensure that the portfolio can respond to changes?
  • How can dependencies between projects be identified and managed?
  • How do I communicate portfolio decisions?
  • How can I ensure support for those affected?
  • What IT tools or software can help me do my job?

These issues are a daily challenge for organisations of most sizes and sectors. Through a simulation of a project portfolio case study, our two-day programme will introduce participants to the key methods and tools that underpin successful portfolio management and provide solutions to these issues.

Find the programme on the training map:

Essential for Project Governance managers

Strategic project portfolio management

We also offer online courses using digital and video conferencing tools!

PMI ATP

Our experts

Who do we recommend it for?

Our 2-day programme is aimed at professionals who need to manage project portfolios at an organisational level and want to gain a comprehensive understanding of portfolio-level planning and decision-making:

  • for executives,
  • strategic leaders,
  • for division and functional area leaders,
  • for entire senior management teams,
  • Project Management Offices (PMO) managers,
  • project, programme and portfolio managers.

As the training is based on group case study work, we are looking for professionals with own project management experience, ideally with programme or portfolio management skills.

Training agenda

Project portfolio management fundamentals

  • Establishing PPM terminology
  • Projects, portfolios, organisational structures, basic definitions
  • Overview of project portfolio roles
  • The pillars of project portfolio management: business validation of project ideas, strategic fit assessment and portfolio balancing

Project evaluation methods, project business plans

  • Advantages and disadvantages of purely financial models
  • Advantages and disadvantages of qualitative models
  • Project scoring models, project prioritization methods
  • Managing agile and hybrid portfolios

Strategic fit analysis

  • Incorporating corporate strategy into the scoring and prioritisation methodology
  • Options and processes for collecting project ideas and needs (top-down, bottom-up, mixed)
  • Options for projects that cannot be scored in the scoring model - the Joker card

Balancing the project portfolio

  • Options for weighting the project portfolio
  • Weighting criteria and models
  • Risk-benefit model
  • Business unit weightings
  • Less is sometimes more - when and why should projects be removed from the portfolio?

Portfolio level resource estimation techniques

  • Myths of estimation accuracies, expected ranges of precision
  • Wideband Delphi method
  • Definition of project portfolio level PERT models and success confidence intervals

Roadmap at project portfolio level

  • Building a project portfolio roadmap in accordance with corporate goals, objectives and resource capacities
  • Identifying and managing dependencies between projects
  • Change management at project portfolio level

Satisfaction guarantee

We are fully confident in the quality of our training. However, if you are not satisfied and let us know on the first day, you naturally won’t have to pay anything! We only issue the invoice after the final session, we do not charge anything in advance.

Training information

The size of the group was set at 4-12 people to ensure effective teamwork.

For 4 or more participants, please contact us for individual discounts!

*Discounts are available for members, for two or more participants, and for individuals! For 4 or more participants, we offer additional discounts on an individual basis, and the location and schedule can be flexible!

SATISFACTION GUARANTEE - we are confident about the quality of our programmes, but if you are not satisfied and you report it during your first session, of course you don't have to pay! The course price will be invoiced at the end of the programme, we do not charge anything in advance.

For online courses, an internet connection is required, a microphone and webcam are recommended, and handouts and supporting materials will be provided in digital format.

The programme is an intensive, 2-day practical training based on workshop elements and case study processing. The practical elements are 80%.

Get an Offer

Strategic project portfolio management

0 %
Rated 5 out of 5

quality

0 %
Rated 5 out of 5

satisfaction

0 %
Rated 5 out of 5

execution

"The theory-practice ratio was good, the exercises made the theory much more understandable. I really liked the direct and supportive atmosphere between the trainer and the group, we felt free to ask questions."

Important

Our training courses are designed to provide participants with practical support that can be put into practice immediately!

10 reasons why you should choose us

Location

H-1118 Budapest, Kelenhegyi str. 29/b.
tel.: 30/914 7444
mail: info@promanconsulting.hu