Portfolio Management Standards: Processes| Roles| Metrics

Requirements

• Basic understanding of project management principles. Familiarity with organizational strategy and business processes. No prior experience in portfolio management is required
• but a background in project or program management will be beneficial.

Description

Are you ready to take your portfolio management skills to the next level? This comprehensive course, Portfolio Management Mastery: Processes, Roles, and Metrics, is designed to provide you with in-depth knowledge of the key standards, processes, and organizational impacts of portfolio management. Whether you’re a seasoned project manager, a business leader, or new to portfolio management, this course will equip you with the tools to align projects with strategic goals, optimize resource allocation, and enhance decision-making.

Section 1: Introduction to Standard for Portfolio Management
We kick off with a foundational overview of portfolio management. You’ll learn what portfolio management entails, its significance in aligning projects with organizational strategy, and how it differentiates from project and program management. This section sets the stage for understanding the framework and standards that guide effective portfolio management practices.

Section 2: Links, Roles, and Metrics in Portfolio Management
This section delves into the critical linkages between portfolio management and organizational strategy. We’ll explore the key roles and responsibilities of portfolio managers and stakeholders. You’ll also discover the essential metrics used to measure portfolio performance and success, providing you with the tools to gauge and optimize your portfolio’s effectiveness.

Section 3: Portfolio Management Process and Organization
Here, we cover the process flows and the impact of portfolio management on organizational structure and strategy. You’ll gain insights into how portfolio management processes can shape decision-making and resource allocation. We’ll also discuss the integration of portfolio management into your organization’s strategic planning, enhancing overall efficiency.

Section 4: Portfolio Management Process Steps
This extensive section walks you through the 10 essential steps of the portfolio management process. From identifying potential portfolio components, categorizing and evaluating them, to prioritizing, balancing, and authorizing projects, we cover it all. The journey continues with steps like portfolio reporting, review, and making strategic adjustments to keep your portfolio aligned with changing business goals. By the end of this section, you’ll have a clear roadmap for implementing a structured portfolio management process in your organization.

Conclusion:

By the end of this course, you will have mastered the art of portfolio management, armed with the knowledge of best practices, key metrics, and strategic processes. You’ll be ready to drive value by ensuring that your organization’s projects and programs are strategically aligned and optimized for success. This course is your pathway to becoming a proficient portfolio manager capable of making data-driven decisions and managing multiple initiatives effectively.

Who this course is for:

• Project Managers looking to expand their skillset to include portfolio management.
• Business Leaders and Executives who want to align projects with strategic objectives.
• Aspiring Portfolio Managers aiming to understand the full scope of portfolio management.
• PMO Professionals seeking to enhance their portfolio management practices.
• Anyone interested in mastering portfolio management for career growth and strategic impact.
• This course is perfect for those looking to enhance their ability to make strategic decisions
• optimize project selection
• and manage multiple projects to achieve organizational success.