Conference on Project Portfolio Management

Overview:

Introduction:

Project Portfolio Management is a strategic process used to select, prioritize, and oversee a collection of projects and programs within a single “portfolio,” ensuring alignment with an organization’s overall objectives. Through this process, organizations assess and coordinate all ongoing and proposed projects to maximize value, minimize risks, and optimize resource use. This conference aims to provide a comprehensive understanding of project portfolio management and how to improve organizational performance through effective management of multiple projects. 

Conference Objectives:

By the end of this training conference, participants will be able to:

• Align project portfolio management practices with organizational strategies to achieve business goals effectively.

• Utilize advanced tools and methodologies for evaluating project performance and managing risks at the portfolio level.

• Develop efficient resource allocation strategies to balance priorities across multiple projects.

• Integrate continuous improvement principles into portfolio management to enhance adaptability and outcomes.

• Optimize portfolio performance and support sustainable growth by implementing strategic decision-making processes.

Target Audience:

• Project managers.

• Team leaders and supervisors.

• Operations managers.

• Decision-makers in organizations.

• Project selection, approval, and governance committees.

Conference Outline:

Unit 1:

Foundations of Project Portfolio Management

• Definition and importance of portfolio management in aligning organizational strategy.

• Differences between project management and portfolio management.

• Establishing project goals and their integration with strategic objectives.

• Criteria for selecting projects and determining execution priorities.

• Key techniques for resource allocation and balancing priorities across projects.

• Tools and methodologies for effective portfolio timeline and budget management.

Unit 2:

Performance and Risk Management in Portfolios:

• Utilizing earned value methodology to measure project portfolio performance.

• Developing tailored performance evaluation criteria for diverse projects.

• Identifying and analyzing risks at the portfolio level.

• Strategies to mitigate risks and enhance decision-making across projects.

• Monitoring financial and operational performance with advanced tools.

• Integrating risk management practices into the portfolio management lifecycle.

Unit 3:

Continuous Improvement and Strategic Adaptation:

• Continuous improvement principles in portfolio management.

• Tecxhniques of managing project changes and ensuring adaptability to variations.

• Encouraging team engagement in improvement initiatives across portfolios.

• Leveraging stakeholder feedback to refine portfolio strategies.

• Enhancing resource efficiency through ongoing process evaluations.

• Adapting portfolio strategies to dynamic organizational and market needs.