There’s a saying in project management: “project managers are responsible for doing projects right; not for doing the right projects.”
The “right projects” are those that deliver the greatest value for the organisation, at the least cost, without exposing the organisation to an unacceptable degree of risk.
This is the responsibility of program managers, portfolio managers, and project sponsors – in other words: those who manage project managers.
This two-day course is a must for anyone who directs, leads, supports or funds projects within their organisation, including:
- Program Managers
- Portfolio Managers
- Senior managers, department heads, and executives
- Anyone working in a Project Management Office (PMO), Enterprise Program Management Office (EPMO), or Portfolio Office (PO)
With projects being the mechanism for change and innovation, project managers need strong governance structures in place to support them and to ensure that project outputs are utilised to greatest effect, to maximise the benefits, returns, and value for the organisation.
This is cannot happen without program and portfolio managers who understand their role, and are equipped with the knowledge, skills, and supporting structures required to do it effectively.
This course will explore how to:
- Define the benefits/outcomes sought by the organisaiton, in line with corporate strategies and organisational goals;
- Evaluate options and invest in the best projects and programs to achieve the desired benefits while delivering “value for money”;
- Provide resources, support, governance, and leadership to the project managers within the program/portfolio;
- Monitor, measure and maximise benefits at the program and portfolio level; and
- Stop, change or continue projects and programs in response to emerging information, shifting organisational priorities, and environmental factors.
The course content is aligned with global best practice standards, including:
- Project Management Institute (PMI) – Standard for Program Management
- Australian Institute of Project Management (AIPM) – competency standards for project directors (CPPD) and executives (CPPE)
- Global Alliance for Project Performance Standards (GAPPS) – Program Manager Framework
- NSW Public Sector Capability Framework – Project Management Capability (Level 6)
After this course, participants will…
- The differences between projects, programs and portfolios
- Who does what – role of the project manager, program manager, project sponsor, and portfolio manager
- Implementing the corporate strategy and achieving organisational goals using projects, programs & portfolios
- Essential skills for program & portfolio managers: benefits realisation, stakeholder engagement, governance, interpersonal skills (such as influence, negotiation, and communication)
- Measuring and managing project complexity
- Selecting the right people – competency standards, qualifications and certifications
- Selecting the right approach – project & program management methodologies
- Selecting the right tools – desktop vs. online vs. Enterprise Portfolio Management (EPM) tools
- Planning, monitoring, controlling and closing programs & portfolios
Be able to:
- Evaluate the complexity of a project/program
- Prioritise and select projects in line with corporate objectives
- Develop a Program Management Plan
- Track benefits across multiple projects
- Provide effective governance for the program/portfolio
- Monitor, control and report on progress
- Close programs
- A Certificate of Attendance
- The PM Toolkit – a suite of downloadable tools and templates for use on projects