Project Portfolio Management

Overview

Introduction:

Project Portfolio Management represents the institutional framework through which organizations select, govern, and oversee multiple projects to achieve strategic objectives. It ensures structured alignment between project selection, resource allocation, performance monitoring, and organizational priorities. This training program explores advanced frameworks, performance measurement techniques, risk integration structures, and resource governance methods. It emphasizes systematic approaches that enhance strategic decision making and maximize value across complex project environments.

Program Objectives:

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

  • Analyze institutional frameworks for selecting and managing project portfolios.

  • Evaluate performance using earned value analysis and portfolio-level KPIs.

  • Classify risk structures and integrate risk management into portfolio governance.

  • Explore methods for resource allocation and priority setting across multiple projects.

  • Use governance and monitoring strategies that align portfolios with organizational goals.

Target Audience:

  • Project Managers.

  • Team Leaders and Supervisors.

  • Operations Managers.

  • Decision Makers in Organizations.

  • Project Selection, Approval, and Governance Committees.

Program Outline:

Unit 1:

Principles of Project Portfolio Management

  • Institutional definition and strategic importance of portfolio management.

  • Distinctions between project, program, and portfolio management.

  • Mechanisms for aligning project selection with organizational strategy.

  • Governance structures for portfolio approval and oversight.

  • Strategic prioritization frameworks for balanced portfolio execution.

Unit 2:

Performance Evaluation and Earned Value Analysis:

  • Portfolio performance measurement using Earned Value Management (EVM).

  • Portfolio level KPIs and financial performance indicators.

  • Methods for monitoring cross-project operational performance.

  • Analytical models for identifying performance gaps.

  • Institutional structures for stakeholder performance reporting.

Unit 3:

Risk Management in Project Portfolios:

  • Portfolio level risk identification and categorization frameworks.

  • Institutional approaches for mitigating systemic risks across projects.

  • Key steps for integrating risk management into portfolio lifecycle structures.

  • Risk monitoring methodologies supporting strategic decisions.

  • Governance alignment for proactive risk oversight.

Unit 4:

Resource Allocation and Priority Management:

  • Institutional techniques for allocating resources across multiple projects.

  • Strategic balancing of timelines, budgets, and human capital.

  • Governance systems supporting equitable distribution of scarce resources.

  • Structures for prioritizing competing initiatives within the portfolio.

  • Methods for resolving resource conflicts and maintaining execution efficiency.

Unit 5:

Strategic Governance and Portfolio Optimization:

  • Governance frameworks linking portfolio performance with organizational strategy.

  • Portfolio optimization models for maximizing value creation.

  • Decision making structures for portfolio rebalancing and reprioritization.

  • Oversight mechanisms ensuring accountability and transparency.

  • Institutional integration steps between strategic planning and portfolio management.