Portfolio Management Processes and the Organization


Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number



Overview/Description
As a process, portfolio management is a tool that involves executive management in assessing and meeting the needs and expectations of the organization. Whether working with programs or projects, effective portfolio management will give you the tools necessary to make the right organizational decisions. Portfolio management is not conducted in a vacuum; oftentimes the roles and processes will relate throughout the organization. This course will examine the importance of understanding how portfolio management processes function within the organization, and relate the importance of portfolio management processes and Process Groups. This course is aligned with "A Guide to the Project Management Body of Knowledge" (PMBOK® Guide) - Third Edition, published by the Project Management Institute (PMI®), Inc., 2004. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.

Target Audience
Project managers, program managers, and portfolio managers who are seeking to upgrade their portfolio management skills

Prerequisites
A good understanding of project management and its principles

Expected Duration (hours)
2.0

Lesson Objectives

Portfolio Management Processes and the Organization

  • recognize the importance of understanding how portfolio management processes function within the organization
  • recognize examples of the five criteria used by management to evaluate portfolios
  • match portfolio stakeholders' roles and responsibilities with examples
  • recognize organizational influences in portfolio management
  • recognize the benefits of following agreed-upon portfolio management processes
  • recognize favorable conditions for implementing portfolio management processes
  • define the portfolio management Process Groups and their component processes
  • identify the characteristics of Process Groups
  • Course Number:
    proj_03_a02_bs_enus