Portfolio Management Courses and other IT courses from TEKsystems Education Services

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Course Code:	MQ 251
Course Abstract:	Doing the right things precedes doing them the right way. Many projects are headed for failure but managers often fail to recognize it or are afraid to speak up. Information Technology programs require continuous monitoring to ensure the intended return on investment. Department managers and enterprise leaders must establish structured processes for choosing the right projects, monitoring their progress, and continually accessing whether they are bringing the benefit that was intended. This course presents a process for project selections, project prioritizing, and program monitoring. Participants adopt strategies that ensure that the selected projects still bring the intended return. Participants use case studies to practice these techniques and build an action plan for taking the procedures into their own environment.
Audience:	This course is designed for individuals who are responsible for managing a group of related projects for a department, a division, or an entire company.
Duration:	2 days
Learning Outcomes:	Upon completion of this course, the participant will be able to: > Recognize the relationship of program management to Return on Investment (ROI) > Identify strategic business initiatives as they relate to projects > Distinguish programs from individual projects > Identify the elements of portfolio management > Apply structured processes for the selection of projects within the portfolio > Build processes for the prioritization of projects in the portfolio > Determine methods for making tough choices > Manage the expectations of the business partners > Monitor the progress of the portfolio > Learn to identify failures and how to cancel projects > Communicate both good and bad news > Establish meaningful portfolio management metrics > Build a toll gate process for ensuring continued success
Course Topics:	Introduction to Portfolio Management The 3 P’s – Project, Program and Portfolio What is portfolio management? Elements of portfolio management > Aligning your program to corporate initiatives > Selecting the right projects for your program > Managing the program > Identifying and Monitoring Troubled Projects > Critical Communication Issues Corporate Strategy and Portfolio Management Relating Programs to Business Initiatives Capturing Business Impact Data Return On Investment and Programs > The increased popularity of ROI > Determining the value of Projects and Programs > Expense vs. Investment > Benefit/Cost Ratio > Internal Rate of Return > Issues Related to Investment Objectives Positioning programs The importance of portfolio management Selecting the right projects What projects will your program include? The Selection Process Decision Committees Prioritizing Projects Managing the Portfolio Roles and responsibilities in portfolio management Monitoring techniques Measuring against objectives Meaningful metrics Reporting progress Establishing tollgates Independent audits Projects in Trouble Recognizing trouble How do you know when to quit? Canceling a project Delivering bad news Critical Communication Channels Keeping the Project Sponsor Informed Key Information for business partners Communicating across the organization
Prerequisites:	A basic understanding of project management and strategic planning is required.

Portfolio Management Course

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