Dubai International Project Management Forum

Prerequisites
None

Content Focus
Core – Project Portfolio Management.
Specialty – Communications management. Data-Information-Knowledge-Wisdom
Role-Specific – All directors and managers involved in projects can attend

About the Program
Project Portfolio management is lagging behind its operational cousins of product and stocks portfolios in several key areas.

1. Availability and reliability of accurate data
2. Intelligent data analysis to produce reliable knowledge to be incorporated into performance reports
3. Representation of those performance reports in 4 dimensions
4. Real time and same time access to those reports
5. Tracking of the effectiveness of any changes and corrective actions

This workshop will provide an overview of the history of the knowledge, skills, tools, and techniques used in Project Portfolio Management. It will then delve into these 5 areas in particular to see how we can improve the discipline. Finally, we will look for opportunities to improve our current approach in our organizations and develop actions plans to take away from the course.

The attendees will also get to play a Project Portfolio board game that is designed to allow them to create, change, and track the various returns, investments, and challenges with a 12-project portfolio. The game is designed to illustrate the many challenges with Project Portfolio Management in a fun and interactive manner. The individual exercises are designed to illustrate and promote dialogue around the 5 lagging areas mentioned above.

Who Should Attend
Portfolio, Program, and Project managers and all people associated with initiatives to change an organization.

What You Will Learn
At the end of this program, you will be able to:

• Understand and articulate the interplay between Portfolio, Programs, and Projects
• Map the links between the Organizational Strategy and the Project Portfolio
• Assess the current health of your Project Portfolio
• Use the checklist to identify target projects for treatment within the Portfolio
• Create a balanced Project Portfolio

Course Overview

• Getting Started
  - Introductions and housekeeping
  - Game Set Up
• Foundation Concepts
  - Overview of Portfolios, Programs, and Projects
  - Mapping portfolio to strategy
  - Setting the Portfolio Rules of the Road
  - Key stakeholders in Portfolio Management
• Current Situation – KSTT
  - Review of latest Portfolio knowledge sources
  - Discussion of Portfolio skills and competencies
  - Review of Portfolio tools and techniques
  - Review of communications and information management
  - Portfolio Management Quiz
• Problems and Opportunities for Portfolio Management
  - Presentation of Portfolio assessment techniques
  - Environment – Challenges Exercise
  - Portfolio – Challenges Exercise
• Implications
  - Null alternative analysis
  - What-If scenarios
  - Pre-Mortem Exercise
• Needs
  - Development of Solutions
  - Selection / Prioritization of recommendations
  - No Excuses – Exercise
• Summary and Next Steps for Portfolio Management
  - Review of course
  - Development of Action List
  - Course Wrap-Up