Management of Portfolios

Start Dates: TBC

Duration: 5 Days

Full Fee: €2795

Network Members Fee: €1540

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Programme overview

Please contact info@ifsskillnet.ie for more information on course dates.

Course Overview:

Management of Portfolios (MoP) provides advice and examples of how to apply principles, practices, and techniques that together enable the most effective balance of organisational change and business as usual.

Who is the course for?

Module 1 Overview

  • The definitions of portfolio and portfolio management
  • The portfolio management model and the relationship between
    the principles, cycles, practices and relevant techniques
  • The differences between portfolios and portfolio management on
    the one hand, and projects/project management and
    programmes/programme management on the other
  • The objectives and benefits of portfolio management

Module 2 – Implement, sustain and measure

  • Three broad approaches to implementing portfolio management
  •  The benefits of assessing the impact of portfolio management
  • Seven steps (and their benefits) in a staged implementation of
    portfolio management
  • The factors to consider in sustaining progress
  • Approaches to assessing portfolio management maturity

Module 3 – Strategic and organizational context

The 6 key functions/activities that portfolio management needs to
coordinate with to achieve strategic objectives

Identify how portfolio management can:

  • Coordinate with Business As Usual, strategic planning, resource
    allocation and budgeting, project and programme management,
    performance management to deliver strategic objectives
  • Support effective corporate governance

Module 4 Portfolio management principles

  • Senior management commitment
  • Governance alignment
  • Strategy alignment
  • Portfolio office
  • Energised change culture

Module 5 Portfolio definition cycle

The portfolio definition practices:
Understand

  • Categorize
  • Prioritize
  • Balance
  • Plan

Understand the terms and concepts relating to the portfolio definition
cycle.

The techniques of:

  • Three point estimating and reference class forecasting
  • Driver-based strategic contribution analysis
  • Multi-criteria analysis
  • Decision conferencing
  • Clear line of sight
  • What is involved and the keys to success.

Module 6 – Portfolio delivery cycle
The portfolio delivery practices:

  • Management control
  • Benefits management
  • Financial management
  • Risk management
  • Stakeholder engagement
  • Organizational governance
  • Resource management

The techniques of:

  • Management by exception
  • One version of the truth
  • Staged release of funding
  • Clear line of sight reporting
  • Champion-challenger model
  • What is involved, the main elements, and keys to success.

Module 7 – Roles and documentation

The purposes and responsibilities of the main portfolio management
roles identified in MoP

The purposes of the main portfolio management documentation

Module 8 – Practitioner Examination Overview
An overview of the MoP Practitioner exam – length, number and type of
questions, etc

Module 9 – Implement, sustain and measure

  • Identify appropriate approaches when implementing, sustaining,
    and measuring portfolio management for a given scenario

Analyse whether recommended approaches to implementing,
sustaining, and measuring portfolio management have been
undertaken appropriately in the context of a given scenario, with
reasons
Module 10 – Portfolio definition cycle

  • Apply and tailor the 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

Module 11 – Portfolio delivery cycle

  • 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

Module 12 Roles and documentation

  • Apply and tailor MoP to a scenario.
  • Identify appropriate application of the main portfolio management
    roles identified in MoP
  • Identify, analyse and distinguish between appropriate and
    inappropriate application of the syllabus area to a scenario.
  • Analyse whether, the specified roles have been involved
    appropriately, with reasons
  • Identify appropriate information, using typical contents, for
    inclusion in the relevant portfolio documentation
  • Analyse whether the portfolio documentation is fit for purpose

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