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DTSTART;TZID=Asia/Dubai:20250216T090000
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SUMMARY:Program & Portfolio Management (PgMP & PfMP)
DESCRIPTION:By completing the Program & Portfolio Management (PgMP & PfMP) course, participants will gain the expertise needed to effectively manage multiple projects and programs, align them with organizational strategies, and deliver significant business value. This course also provides comprehensive preparation for PgMP and PfMP certification exams, advancing your career in program and portfolio management.\nIntroduction:\nThe Program & Portfolio Management (PgMP & PfMP) course is designed for senior-level project managers and those looking to advance their careers by mastering the strategic approach to managing complex programs and portfolios. Whether preparing for PgMP (Program Management Professional) or PfMP (Portfolio Management Professional) certification or simply seeking to enhance their skills, this course provides comprehensive training in the processes, tools, and techniques required to manage large-scale programs and portfolios effectively.\nIn the context of modern organizations, successful project management goes beyond individual projects. Effective program management integrates multiple projects to achieve strategic business objectives, while portfolio management ensures that projects align with organizational goals. Participants will gain a deep understanding of program and portfolio management principles, and how to drive business value through the effective oversight of multiple projects and programs.\nTargeted Groups:\n\nSenior project managers or program managers looking to formalize and advance their careers.\nProfessionals aiming for PgMP or PfMP certification.\nPortfolio managers responsible for aligning projects with strategic objectives.\nProgram managers overseeing the delivery of multiple projects under one umbrella.\nBusiness executives and leaders involved in strategic planning and resource allocation for programs and portfolios.\nConsultants and advisors in project and portfolio management.\n\nCourse Objectives:\nUpon completing the Program & Portfolio Management (PgMP & PfMP) course, participants will be able to:\n\nUnderstand the key concepts and principles of program management and portfolio management.\nDevelop and implement strategies for managing multiple projects and aligning them with organizational goals.\nApply best practices in managing project interdependencies and achieving business outcomes through effective program and portfolio oversight.\nIntegrate program and portfolio management processes with project management methodologies (PMBOK, Agile, etc.).\nPrepare for PgMP and PfMP certification exams through comprehensive exam-focused preparation.\nDevelop skills for managing program governance, risks, and stakeholders.\nUnderstand and manage resource allocation, budgets, and timelines across multiple projects within a program or portfolio.\nEffectively communicate program and portfolio performance to executives and other key stakeholders.\nLeverage tools and techniques for monitoring and controlling programs and portfolios to achieve strategic goals.\n\nTargeted Competencies:\nBy completing this course, participants will gain the following competencies:\n\nStrategic Program Management: Ability to align programs with business strategy and organizational goals.\nPortfolio Optimization: Skills in evaluating, prioritizing, and managing a portfolio of projects to maximize organizational value.\nRisk Management in Programs and Portfolios: Ability to identify, assess, and mitigate risks across multiple projects and programs.\nGovernance and Stakeholder Management: Competence in implementing governance frameworks and effectively managing stakeholders at all levels.\nResource and Budget Management: Proficiency in optimizing resource allocation and managing program budgets.\nProgram & Portfolio Performance Monitoring: Expertise in using tools and techniques to monitor the performance of multiple projects, ensuring alignment with strategic objectives.\nChange and Transition Management: Skills in managing change and ensuring smooth transitions between projects and programs.\n\nBenefits of Program & Portfolio Management Training:\nThis course will equip participants with advanced program and portfolio management skills, enabling them to manage complex and strategic initiatives effectively. By mastering PgMP and PfMP principles, participants will ensure that their organizations execute projects and programs aligned with strategic goals, maximize business value, and manage risks and resources effectively. This training also prepares professionals to succeed in PgMP and PfMP certification exams, which are globally recognized and valued in the project management profession.\nCourse Outline:\nUnit 1: Introduction to Program & Portfolio Management\n\nOverview of Program Management and Portfolio Management concepts.\nUnderstanding the differences and relationships between projects, programs, and portfolios.\nKey responsibilities of Program Managers and Portfolio Managers.\nImportance of program and portfolio management in achieving organizational strategic objectives.\n\nUnit 2: Aligning Programs and Portfolios with Organizational Strategy\n\nDefining the strategic goals of an organization.\nAligning programs and portfolios with business strategy.\nTechniques for prioritizing projects within a portfolio based on strategic objectives.\nBalancing project interdependencies and optimizing portfolio performance.\nDeveloping and managing program and portfolio roadmaps.\n\nUnit 3: Governance and Risk Management\n\nEstablishing effective governance frameworks for programs and portfolios.\nDefining roles and responsibilities in program and portfolio governance.\nIdentifying and managing risks at the program and portfolio levels.\nImplementing risk management strategies and tools for program and portfolio oversight.\nMonitoring and controlling program and portfolio performance.\n\nUnit 4: Resource and Budget Management in Programs & Portfolios\n\nTechniques for managing resource allocation across multiple projects and programs.\nDeveloping and controlling program and portfolio budgets.\nEvaluating the financial performance of programs and portfolios.\nEnsuring optimal resource utilization and preventing resource overallocation.\nIntegrating resource and budget management processes within program and portfolio frameworks.\n\nUnit 5: Managing Program Interdependencies and Stakeholders\n\nIdentifying and managing interdependencies between projects in a program.\nManaging stakeholders’ expectations and ensuring effective communication.\nConflict resolution and negotiation skills for program and portfolio managers.\nDeveloping stakeholder management plans for programs and portfolios.\nCreating and implementing a communication strategy to keep stakeholders informed.\n\nUnit 6: Program Performance and Value Delivery\n\nUnderstanding the role of program management in delivering value.\nEstablishing Key Performance Indicators (KPIs) for program success.\nTechniques for measuring program outcomes and portfolio value.\nImplementing tools such as Earned Value Management (EVM) and Balanced Scorecards to track performance.\nManaging program lifecycle stages: initiation, planning, execution, closure.\n\nUnit 7: Change Management in Programs & Portfolios\n\nManaging changes within programs and portfolios.\nUnderstanding change control processes and their impact on project and program scope.\nStrategies for mitigating the impact of changes on program and portfolio performance.\nCommunicating changes to stakeholders and adjusting program goals accordingly.\nPreparing for and managing transitions between project phases within a program.\n\nUnit 8: PgMP & PfMP Certification Exam Preparation\n\nOverview of the PgMP and PfMP certification requirements.\nReviewing key concepts and processes outlined in the PMBOK Guide and other relevant frameworks.\nPractice exams and exam-focused strategies for passing the PgMP and PfMP exams.\nTips for managing exam time and handling case study questions.\nFinal review and discussion of common exam pitfalls and best practices.\n\n
URL:https://thaqibconsultancy.ae/ar/the-training-courses/program-portfolio-management-pgmp-pfmp/
CATEGORIES:Project Management
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