Best Practices in PPM-Seminar

Best Practices in Project Portfolio Management (new)

A Concentrated One-day or Comprehensive Two-day Seminar

An review of the PPM goals, methods and benefits, with a focus on practical applications in a wide range of business types. Followed by an examination of current best practices and recent research into effective applications.

We expand the world of Project Management to include the full lifecycle, from ideas, through selection of proposed projects, through management of the project portfolio, to realization of benefits. We show how to bridge the gap between the projects and operations side of the enterprise, bringing projects into alignment with strategies, improving the contribution of projects to the bottom line, and improving the integration of resource allocation with project demands.

We discuss all aspects of the proven structures for PPM, including methods, practices and processes for PPM, organizational adjustments to support PPM, and suggested enhancements to tools.

We shall show, via models, best practices and case studies, how a wide variety of firms have generated improved returns, by doing fewer projects by implementing Project Portfolio Management.

Outline of Topics

· Why do we need PPM

· An Overview of PPM

· Bridging the Gap Between Projects and Operations

· Bringing Executives and Governance to PM

· The Three Faces of PPM

· Problems with Project Selection and Portfolio Maintenance

· Selecting the Right Projects

· Alignment with Strategies

· Evaluating Benefits

· Evaluating Risks – Risk Mitigation

· Modifying Benefits to Consider Risk

· Ranking & Prioritization Techniques

· Sub-Portfolios – Three Classes of Projects/Investment Types

· Balancing the Portfolio

· Project Performance & Retention Methods

· Project Oversight and Performance Evaluation

· Stage-Gate

· Earned Value

· Weeding Poor Projects out of the Portfolio

· Changing the Culture

· Organizing for PPM – Adjusting Roles

· Expanding the PMO

· Establishing a Governance Council

· Processes for PPM

· For Project Selection

· For Portfolio Management

· Resource Demand Management

· Tools – Enhanced Software for PPM

· A Case for Specialized PPM Tools

· Why Spreadsheets Won’t Cut It

· CPM Isn’t Enough

· Getting Started with PPM

· Best Practices in PPM

· Preparing the Business Case

· A Pre-Qualification Template and Flow Model

· Distributed Portfolio Management

· The PMI Portfolio Management Exposure Draft

· More Best Practices - Case Studies

Special Cases

· Internal Projects vs. External Projects

· Applications Portfolio Management

· Adjusting the Portfolio and Adapting to Socio-economic Trends

· Special Techniques

· Work Breakdown Structures for Risk and Strategies

· The Analytic Hierarchy Process and Other Ranking Techniques

· How to Determine the Value of a Project

· Earned Value Management

· Stage-Gate Techniques

The Project Knowledge Group Harvey A. Levine - PM Consultant

Former PMI Chairman, PMI Fellow, Author, Lecturer Five decades of creative problem solving