Project Portfolio Management: Skills and Techniques - Virtual Learning

Project Portfolio Management: Skills and Techniques - Virtual Learning

Why Attend

Project portfolio management helps organizations select the right projects, align investments with strategy, and allocate limited resources more effectively. This course provides a practical methodology for building and managing a balanced project portfolio.

Participants will learn how to evaluate and prioritize projects using financial and non-financial criteria, apply ranking tools, manage portfolio risks and uncertainties, and monitor portfolio performance. The course supports better investment decisions, improved governance, and stronger delivery of strategic value.

Associations
Associations
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Overview
Course Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants. The course also features the use of a number of group exercise and case studies followed by plenary discussions.

Course Objectives

By the end of the course, participants will be able to:

  • Develop a project portfolio model that shows project life cycles within a portfolio context.
  • Apply a project portfolio management methodology at any organizational level and across different industries.
  • Prioritize projects within the portfolio using financial and non-financial ranking tools.
  • Quantify portfolio risks using Monte Carlo simulation and sensitivity analysis.
  • Use earned value techniques to track and control portfolio performance.
Target Audience

This course is designed for portfolio directors and managers, senior managers, decision makers, portfolio sponsors, PMO staff, program managers, project managers, and professionals involved in building, evaluating, prioritizing, and managing their organization’s project portfolio. Meirc has been reviewed and approved by the PMI® Authorized Training Partner Program. This course is worth 30 Professional Development Units (PDUs).

Target Competencies
  • Strategy execution
  • Portfolio governance
  • Portfolio planning
  • Portfolio evaluation and prioritization
  • Portfolio risk and uncertainty management
  • Portfolio performance monitoring and control
Note

Project portfolio related templates and portfolio KPIs dictionary (soft copies) will be distributed during the course.

Course Outline
  • Developing a Portfolio Model
    • Project portfolio management (PPM)
    • Role of PPM in strategy execution
    • Elements of a project portfolio
    • Comparison between projects, programs, and portfolios
      Portfolio model
       
  • Project Portfolio Management (PPM) Methodology
    • Project portfolio management methodology (PPM) phases
      • Build foundation
      • Design portfolio
      • Construct portfolio
      • Monitor and control portfolio
  • Project Evaluation and Prioritization
    • Project evaluation
      • Financial metrics
      • Non-financial metrics
    • Project prioritization
      • Project ranking tools
      • Scoring models
  • Managing Uncertainty and Risk
    • Risk and uncertainty in decision-making
    • Portfolio risk management steps
    • Tools and techniques for uncertainty and risk
      • Decision tree analysis
      • Scenario analysis
      • Sensitivity analysis
      • Monte Carlo analysis
  • Monitoring Performance Using Earned Value Management (EVM)
    • Earned Value Management (EVM) Foundation
    • Performance measurement baseline (PMB)
    • Earned value management (EVM) building blocks
    • Project portfolio performance indicators
    • Project portfolio management office (PMO)
Associations
Associations
Project Management Institute (PMI)

Meirc is a member of the PMI ATP Program. PMI does not specifically endorse, approve, or warrant ATP’s products, courses, publications, or services. The PMI ATP seal is a registered mark of the Project Management Institute, Inc.

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Schedule & Fees
Face-to-Face Courses

This course is also offered in face-to-face courses, click on the course below.

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