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1-800-THE-TREE (1-800-843-8733)
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Project Portfolio Management: Successfully Managing Multiple Projects
Course: 914
Type: RealityPlus
Duration: 3 Days
You Will Learn How To
- Lead and manage multiple projects to achieve project portfolio success
- Align and prioritize project goals to your organizational mission
- Optimize project methodologies and communicate to stakeholders and team members
- Monitor and assess the health of your project portfolio
- Successfully allocate resources across competing projects
- Apply Continuous Process Improvement strategies to your project portfolio
Course Benefits Managers of multiple projects must balance the diverse demands of competing interests. An effective manager will leverage the organizational mission to resolve issues and maximize results. This course provides the critical skills to effectively align organizational and project interests. You learn to apply practical templates that enable you to define, measure and achieve project portfolio success.Who Should Attend Anyone responsible for managing multiple projects while balancing resources across an organization. Operational experience at the level of Course 296, "Project Management: Skills for Success," or Course 340, "Project Management for Software Development," is assumed.Through an immersive, multimedia-enhanced and simulated case study, you gain the skills critical to successfully manage multiple projects. Experiential activities include:
- Building a matrix of portfolio goals
- Analyzing project financial rationale
- Identifying best-case and worst-case scenarios within a project portfolio
- Selecting appropriate methodologies for several distinct projects
- Creating a portfolio dashboard
- Identifying headlight vs. rearview mirror metrics
- Applying an issue reporting chart to projects
- Allocating resources to specific ongoing projects
- Chairing a human resource allocation meeting
- Building an action plan for a red flag program
- Integrating case study lessons into your multiple project world
Course 914 Content
- Defining a project portfolio
- Identifying the unique challenges of multiple projects
- Outlining the best practices that support the management of multiple projects
- Developing a project goal comparison matrix
- Writing consistent goal statements across multiple projects
- Creating an organizationally-based foundation for prioritizing diverse projects
- Comparing projects competing for resources based on investment parameters and risk
- Performing a financial analysis of multiple projects including best and worst case scenarios
- Ranking projects based on goal, mission and financial analysis
- Selecting appropriate process strategies based on complexity, requirement uncertainty and criticality
- Analyzing the strengths and weaknesses of common process approaches
- Communicating portfolio process decisions to stakeholders and team members with templates
- Adapting a practical dashboard approach to monitor, assess and control project health on an ongoing basis
- Demonstrating ownership of the projects
- Allocating your assessment time across the project portfolio
- Communicating to stakeholders and team members with an issue reporting chart
- Resourcing within standard organization models
- Applying effective resource planning tools
- Comparing functional, matrix and project-centric organizations
- Successfully chairing a resource planning meeting
- Emphasizing leadership in personnel decision making
- Benefits of a Project Management Office within your organization
- Meeting the challenges of leading multiple project teams
- Contrasting the attributes of management vs. leadership
- Bringing red-flagged projects back on track
- Building concise leadership action plans to deal with issues in a multiple project environment
- Fast-forwarding lessons from one project into phases of other projects
- Applying lessons learned to your portfolio
- Implementing leadership skills in your role as a change agent in a multiple project environment
- Identifying short-term action items
- Determining long-term strategies
- Employing resources for further development: URLs, journals, books, conferences, experts
- Transitioning new skills and behaviors into your organization
- Planning your multiple project management strategy
- Taking the next step
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RealityPlus is a trademark of Learning Tree International.
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