Workshop: Portfolio Management Processes

Duration: 4 hours

Description: Many IT organizations try to execute too many projects with too few resources --- with the unhappy end result that crucial projects are often not completed on time and IT staff burnout is rampant. This workshop presents an unbiased approach for selecting and prioritizing multiple projects from a business perspective. Participants in the short workshop learn about the challenges and opportunities addressed by portfolio management. Teams of participants create their own prioritization process based on key factors in their business, and use this process in a role-playing exercise to prioritize a list of predefined projects. Upon completion of the half-day, workshop participants have personal experience in selecting and prioritizing projects, an essential component of portfolio management.

Audience: Executives, functional managers, and project managers responsible for scheduling and allocating resources across multiple projects.

Workshop Topics:

• Relationship between project management, program management and portfolio management
• Organizational challenges to effective portfolio management
• Roles and responsibilities of a portfolio management team
• Defining a project evaluation process based on business results
• Project selection and ongoing prioritization processes
• Interaction between portfolio management and project management
• Critical Success factors of a portfolio management process.
• Benefits of implementing a portfolio management process.