At the heart of any portfolio management approach is the need to identify the right programs and projects to deliver an organization’s strategy and ensure that targeted benefits are achieved. MoP® describes the principles and best-practices that will enable public and private sector organizations of all sizes.
This course will equip students to understand the principles, cycles, practices, techniques, roles, responsibilities, documents and organizational context within which portfolio management operates. Students will learn the scope and objectives of Portfolio Management and how it differs from Program and Project Management.
- Develop and understand the scope and objectives of portfolio management and how it differs from programme and project management
- Discover the approaches to implementation, maintaining progress and how to assess the success of portfolio management
- Selection and adaptation of MoP principles and techniques to suit different organizational environments
Who This Course is For:
- Purposes, contexts and benefits of applying effective portfolio management,
- Approaches to implementation,
- The factors to consider in mantaining progress, and
- How to assess the success of portfolio management,
- Definition and delivery cycles and their component practices,
- Relevant techniques applicable to each practice,
- Scope of key portfolio management roles, and more
There is no prerequisite for this course
MoP® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
There is no prerequisite for this course.
- Multiple choice examination questions
- 50 questions per paper
- 25 marks required to pass (out of 50 available) – 50%
- 40 minutes’ duration
- Closed book
Pam Erskine has more than 15 years of leadership experience in IT and service transformation with responsibility for providing best practice, thought leadership, and guidance relating to IT service management. She is the author of ITIL and Organizational Change, which analyzes some of the reasons why organizations fail to realize the benefits of ITIL and offers practical ways to avoid these pitfalls and improve adoption. She has led a number of IT transformation initiatives with measurable results in customer satisfaction, efficiency and effectiveness.
Here are eight top tips (in no particular order) which are the things we found critically important when implementing portfolio management within 100 days:
1. One team. Don’t focus on communication, focus on collaboration, conversation and community.
2. Everything must add value. Work with people to define the value that they will experience. Schedule it carefully and fully commit to delivering that value for them.
3. Energize people Executive-level buy-in does help, but the real magic happens when it is used to harness the energy of people across the entire organization.
4. Develop people. Nothing will be delivered if you don’t have the right people. Create an exciting portfolio delivery environment that continually invests in people.
5. Measure portfolio capability. Take time to understand exactly where you need to improve and where you are already doing good things. Both are equally important.
6. Focus minds. Use an executive portfolio dashboard. Provide your executives with ‘portfolio zooms’ for decision and assurance. No-one likes to read huge, word-based portfolio status reports.
7. Be creative. Always look for more creative, interesting and engaging ways to present information; prompt the right conversations and get your message across.
8. ‘Good enough’ is not good enough If a portfolio management product does not meet the GUCCI criteria, don’t use it.
OMNIKRON CERTIFIED CHANGE AGENT
This certification is proudly awarded to students who successfully complete the NEGOTIATION and COLLABORATION coursework in Omnikron’s Leadership Elevation Framework. [The Leadership Elevation Framework is a trademarked Omnikron methodology]. Effective Negotiation skills are a critical component of the Leadership Elevation Framework™. Collaboration is also a critical component of any leader’s toolbox. Collaboration coursework includes Change Management Foundations and Practitioner Certifications from the Change Management Institute; Project Management Certification via the Project Management Institute; Project Rescue coursework developed by Kepner and Fourie; Scrum Certification, DevOps and/or other customized Agile Training; Business Relationship Management Certifications, accredited by the Business Relationship Management Institute.