Project Portfolio Management Training Course

Project Portfolio Management Training Course

This comprehensive 5-day training course is designed to equip participants with the essential skills and knowledge required to master Project Portfolio Management (PPM). While project management focuses on the successful delivery of a single project, PPM is about selecting, prioritizing, and managing a collection of projects to achieve strategic business objectives. This course provides a practical roadmap for transforming your project portfolio from a collection of isolated initiatives into a powerful engine for organizational growth and success.

Throughout the training, we will cover a range of topics crucial for effective PPM. You will learn how to align your projects with your organization’s strategy, assess and select the right projects, and optimize your portfolio for maximum value. The course also focuses on managing resources, risks, and finances at a portfolio level, and using performance metrics to make informed decisions. By the end of this course, you will be able to confidently lead your organization's PPM efforts, ensuring that every project is contributing to your strategic goals.

Who Should Attend the Training

  • Senior-level executives
  • Project and program managers
  • Portfolio managers
  • Business analysts
  • PMO staff
  • Anyone involved in strategic decision-making and project selection

Objectives of the Training

Personal benefits

  • Gain a deep understanding of PPM principles and frameworks.
  • Master the skills to align projects with business strategy.
  • Learn to select and prioritize the right projects for your organization.
  • Enhance your ability to manage resources and risks at a strategic level.
  • Boost your professional credibility as a strategic leader.

Organizational benefits

  • Ensure that all projects contribute to strategic objectives.
  • Improve resource allocation and utilization across the organization.
  • Increase the return on investment (ROI) of project initiatives.
  • Strengthen the organization’s ability to manage change.
  • Foster a culture of evidence-based and strategic decision-making.

Training methodology

  • Interactive lectures and discussions
  • Hands-on exercises on portfolio analysis and prioritization
  • Case studies and peer-to-peer learning
  • Use of practical frameworks and tools
  • A capstone project to develop a full PPM framework

Trainer Experience

Our trainers are seasoned professionals with extensive experience in implementing and managing PPM frameworks across various industries. They have held senior leadership positions, bringing a wealth of real-world knowledge and practical insights to the classroom. Their expertise is grounded in both project management theory and hands-on field experience, ensuring a dynamic and highly relevant learning environment.

Quality Statement

We are committed to delivering high-quality training that is both engaging and effective. Our courses are meticulously designed to ensure participants not only grasp the core concepts but also gain practical skills that can be immediately applied in their professional roles. We believe in fostering a supportive and collaborative learning environment where every participant can thrive.

Tailor-made courses

Recognizing that every organization has unique needs, we offer tailor-made training courses. We can customize the content, duration, and methodology of our programs to address your specific challenges and goals. Contact us to discuss how we can create a specialized training solution for your team.

 

Course Duration: 5 days

Training fee: USD 1300

Module 1: Foundations of Project Portfolio Management (PPM)

  • The difference between project, program, and portfolio management
  • The value proposition of PPM
  • The key processes of PPM
  • The benefits of a mature PPM system
  • Practical session: Analyzing a business case to determine if it should become a project

Module 2: Strategic Alignment and Governance

  • Aligning projects with organizational strategy
  • The role of a portfolio steering committee
  • Developing a portfolio governance framework
  • The importance of executive sponsorship
  • Practical session: Creating a strategic alignment matrix for a portfolio of projects

Module 3: Portfolio Assessment and Selection

  • Developing criteria for project evaluation
  • Using different project scoring and ranking models
  • The process of project intake and screening
  • Making data-driven decisions for project selection
  • Practical session: Using a scoring model to select the top 3 projects from a list of 10

Module 4: Portfolio Optimization and Prioritization

  • Techniques for optimizing a portfolio for maximum value
  • The role of resource and budget constraints
  • The importance of continuous prioritization
  • Managing dependencies and risks across the portfolio
  • Practical session: Optimizing a project portfolio to meet a specific budget constraint

Module 5: Resource Management Across the Portfolio

  • The importance of a centralized resource management system
  • Techniques for managing shared resources across multiple projects
  • Resource leveling and capacity planning
  • The role of a resource management tool
  • Practical session: Performing a resource capacity analysis for a portfolio of projects

Module 6: Risk Management in the Portfolio

  • Identifying and analyzing portfolio-level risks
  • The difference between project risk and portfolio risk
  • Developing a portfolio-level risk response plan
  • The role of a risk register in PPM
  • Practical session: Creating a portfolio risk register

Module 7: Financial Management in PPM

  • The importance of a portfolio-level budget
  • Techniques for financial forecasting and tracking
  • Calculating the return on investment (ROI) and net present value (NPV)
  • Using financial metrics to make informed decisions
  • Practical session: Calculating the ROI and NPV for a sample project

Module 8: Performance Monitoring and Reporting

  • Developing key performance indicators (KPIs) for the portfolio
  • Creating a portfolio dashboard and reports
  • Communicating portfolio status to different audiences
  • The role of a portfolio review
  • Practical session: Designing a portfolio performance dashboard

Module 9: The PMO's Role in PPM

  • The PMO as the enabler of PPM
  • The PMO's role in governance and standardization
  • Supporting project managers in the PPM process
  • The PMO as a center of excellence for PPM
  • Practical session: A discussion on the collaboration between the PMO and the portfolio team

Module 10: Practical Application and PPM Framework Development

A comprehensive review of all course modules

  • Participants work on a comprehensive PPM case study
  • Developing a full PPM framework for a mock organization
  • Presenting their framework to the group and receiving feedback
  • Practical session: Finalizing and presenting a complete PPM framework for a complex organization

Requirements:

  • Participants should be reasonably proficient in English.
  • Applicants must live up to Armstrong Global Institute admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free

2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.

3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.

4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@armstrongglobalinstitute.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254725012095 / +254724452588

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Armstrong Global Training & Development Center Limited should be paid in advance, 5 days to the training.

2. Invoice: We can send a bill directly to you or your company.

3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

2. Participants may cancel attendance 14 days or more prior to the training commencement date.

3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location. For further inquiries, please contact us on Tel: +254720272325 / +254725012095 / +254724452588 or Email training@armstrongglobalinstitute.com

Accommodation and Airport Transfer

Accommodation and Airport Transfer is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@armstrongglobalinstitute.com or on Tel: +254720272325 / +254725012095 / +254724452588

Instructor-led Training Schedule

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