Portfolio Management Professional (PfMP Exam Preparation)
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COURSE DATES AND LOCATIONS
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INTRODUCTION
PfMP certification recognizes advanced experience, skill and performance necessary to manage and align a portfolio of projects and programs to realize organizational strategy and objectives. PfMP certification holders oversee the success of one or more portfolios, balance conflicting demands between programs and projects, and allocate resources based on organizational priorities and capacity. This Portfolio Project Management Professional training course on introduces the concept of a portfolio approach to possible future projects and investments to help reach or maintain strategy targets.
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COURSE OBJECTIVES
By the end of the course, you‘ll be able to:
- Scope and objectives of portfolio management and how it differs from programme and project management
- Benefits from applying portfolio management
- Context within which it operates
- Principles upon which successful portfolio management is based
- Approaches to implementation, the factors to consider in maintaining progress, and how to assess the success of portfolio management
- Purposes of the portfolio management definition and delivery cycles and their component practices, and relevant techniques applicable to each practice
- Purpose and key content of the major portfolio documents
- Scope of key portfolio management roles
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COURSE AUDIENCE
This course is made for:
- Members of Management Boards and Directors of Change
- Senior Responsible Owners (SROs)
- Portfolio, Program, Project, Business Change, and Benefits Managers
- Business Case Writers
- Sales and Marketing Managers
- PMO Performer
- Head of Departments
- Project Management Professionals
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COURSE OUTLINE
DAY ONE:
PfMP Exam Overivew
- Details of the PfMP Certification process
- PfMP Exam Application
Introduction to Portfolio and Portfolio Management
- Key Definitions of Portfolio and Portfolio Management
- Portfolio Management Model
- Relationship between the Principles, Cycles, Practices and Relevant Techniques
- Differences between Portfolios, Programmes and Projects
- Differences between Portfolio, Programme and Project Management
- How Local Context can affect MoP Principles & Practices
- Objectives and Benefits of Portfolio Management
Portfolio Selection & Implementation
- The Need for A Portfolio Approach to Investment
- The Approaches to Implementing Relevant Portfolio Management
- Benefits of Assessing The Impact of Portfolio Management
- Factors Required to Sustain Progress
- Approaches to Assessing Portfolio Management Maturity
Strategic and Organisation Context
- Six Key Functions / Activities that Portfolio Management needs to coordinate with to achieve Strategic Objectives
- Identify How Portfolio Management can:
- Coordinate with all other stratagems to deliver strategic objectives
- Support effective corporate governance
DAY TWO:
Portfolio Management Governance
- The Principles upon which Effective Portfolio Management is Based
- Senior Management Commitment
- Governance Alignment
- Strategy Alignment
- Portfolio Office
- Energised Change Culture
Portfolio Definition Cycle
- Terms & Concepts relating to The Portfolio Definition Cycle
- Three-point Estimating and Reference Class Forecasting
- What is involved and The Keys to Success
Portfolio Risk Management
- Portfolio Risk Management Process
- An Enterprise View of Risk & Governance
- Risk Drivers & Metrics
Portfolio Delivery Cycle
- Portfolio Delivery Practices
- Tried and Tested Techniques for Delivery Practice
- What is involved, The Main Elements, and Keys to Success
Roles and Documentation
- Purposes and Responsibilities of The Main Portfolio Management Roles Identified in MoP
- Purposes of the Main Portfolio Management Documentation
DAY THREE:
Portfolio Risk & Return
- Return Measures
- Risk Characteristics
Applying the Portfolio Definition Cycle
- Apply and Tailor Practices and Techniques of The Portfolio Definition Cycle to A Scenario
- Identify Appropriate Practices and Techniques within The Portfolio Definition Cycle
- Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Definition Practices and Techniques to A Scenario
Portfolio Delivery Cycle Presentation
- Apply and Tailor The Practices, Techniques and Responsibilities of The Portfolio Delivery Cycle to A Scenario
- Identify Appropriate Practices and Techniques within The Portfolio Delivery Cycle
- Identify, Analyse and Distinguish between Appropriate and Inappropriate Application of Portfolio Delivery Practices to A Scenario
- Analyse whether The Approaches Adopted are appropriate, with reasons, in a given scenario
- Analyse whether The Portfolio Documentation is fit for purpose, with reason
N.B: Exam fees are not included