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Project Portfolio Management for Executives in Depth

I. Introduction

  • What is PFM?
  • Fundamental PFM concepts
  • Measuring your investment in projects
  • What’s at stake; why PfM matters
  • Portfolio success rests on project success
  • Benefits of a formal approach to PfM

II. PfM Process Overview

  • The PfM process
  • PfM governance structures
  • PfM process groups
  • PfM stakeholders
  • Steps for improving the PfM process

III. Portfolio Definition

  • Portfolio overview
  • Stakeholders & governance
  • Portfolio processes
  • Portfolio definition document
  • Authorization

IV. Project Identification and Categorization

  • Project request; project charter
  • Categorizing projects
  • Project tiers
  • Using the project register

V. Project Evaluation

  • The evaluation team
  • The evaluation process
  • Focusing on business value
  • Evaluating projects for four levels of success
  • Importance of effective estimation practices
  • Selection criteria & scoring
  • Evaluation tools and techniques

VI. Project Selection and Funding

  • Selection and funding guidelines
  • Project selection logic and tools
  • The prioritization process
  • Prioritization tools
  • Authorization and budgeting
  • Project pipeline management

VII. Managing the Portfolio

  • Managing change
  • Portfolio metrics
  • Using gate reviews to drive portfolio updates
  • Rebalancing the portfolio
  • Measuring business value
  • Reporting on portfolio results

VIII. PfM Implementation

  • The PfM implementation program
  • Success factors and risks

IX. PfM Practice Assessment

  • PfM best practices
  • Short practice assessment; are you using formal PfM today?
  • Evaluating results
  • Wrap-up discussion

 

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