Portfolio Management Process Groups


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



Overview/Description
The processes involved with portfolio management are meant to enhance the likelihood of a portfolio yielding the intended results. However, these processes should only be used as guidelines; portfolio management teams are always the ones who will make the decisions about how much of the processes they will use and how rigorously the processes will be implemented. Portfolio managers and team members should use this course as a high-level guide to the processes, inputs, and outputs that they should consider when managing portfolios. This course examines the importance of portfolio management processes, explores their interactions, and explains how to properly monitor and control portfolios. This course is aligned to PMI's® The Standard for Portfolio Management.

Target Audience
Project managers, program managers, and portfolio managers who are seeking to further their portfolio management skills to more advanced levels

Prerequisites
A good understanding of project management and its principles

Expected Duration (hours)
2.0

Lesson Objectives

Portfolio Management Process Groups

  • recognize the importance of understanding the Aligning Process Group
  • determine outputs of the Identification process, in a given scenario
  • distinguish between examples of the Categorization and Evaluation processes
  • rank selected portfolio components using a multiple criteria prioritization model, in a given scenario
  • identify the inputs and outputs of the Portfolio Balancing process
  • identify the inputs and outputs of the Authorization process
  • recognize the importance of understanding the Monitoring and Controlling Process Group
  • recognize the activities involved in the Portfolio Reporting and Review process
  • recognize examples of the tools that can be used to respond to strategic change in the portfolio management process
  • Course Number:
    proj_03_a03_bs_enus