Cambridge
Academy
In London

Dates: 11th to 15th December 2023

Location: London, UK

Cost: £5000

Including: Pick up and return back to the airport.

5 days meeting rooms training and workshops

Course material booklet with a bag for trainees

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Introduction

Modern organisations operate in a dynamic landscape where the efficient management of diverse portfolios plays a pivotal role in achieving strategic objectives.

As businesses evolve and expand, the need for skilled professionals who can navigate the complexities of portfolio management becomes increasingly critical.

This comprehensive course is designed to equip individuals with the knowledge and tools required to excel in the art of portfolio management. In a world where competition is fierce and resources are finite, effective portfolio management is the linchpin that separates success from stagnation.

Throughout this course, participants will embark on a journey that spans the spectrum of portfolio management domains. From strategic alignment to governance, performance optimisation to risk management, and effective communication with stakeholders, each facet of this program is meticulously crafted to empower participants with practical expertise.

 

Course Objectives

Upon completing this course, participants will be able to:

• Align portfolios with organisational strategic goals.

• Establish effective governance models for portfolio management.

• Optimise portfolio performance and resource allocation.

• Manage and mitigate portfolio risks.

• Enhance stakeholder communication and engagement in portfolio decisions.

 

Targeted Audience

• Professionals aspiring to become proficient Portfolio Managers.

• Project Managers, Program Managers, and Operations Managers seeking to enhance their portfolio management capabilities.

• Individuals responsible for aligning portfolios with organisational objectives.

• Those aiming to develop expertise in portfolio governance, performance optimisation, risk management, and effective stakeholder communication.

 

Course Outline

Unit 1: Strategic Alignment - Aligning Portfolios with Strategic Goals

• Assess organisational strategic goals and objectives through document reviews, interviews, and other techniques.

• Define prioritisation criteria, considering legislative factors, dependencies, ROI, stakeholder expectations, and strategic fit.

• Rank strategic priorities with key stakeholders using qualitative and quantitative analyses.

• Identify portfolio components through document review and business plan analysis.

• Create portfolio scenarios through options, risk, SWOT, and financial analysis.

• Recommend portfolio scenarios based on prioritisation analysis and criteria.

• Assess portfolio impact due to changes in strategic goals.

• Develop a high-level portfolio roadmap, considering prioritisation, interdependencies, and organisational constraints.

 

Unit 2: Governance - Establishing Effective Governance

• Define and establish a governance model, including steering committees and governance boards.

• Determine portfolio management standards, protocols, rules, and best practices.

• Define and modify portfolio processes and procedures, including benefits realisation planning, risk management, and resource management.

• Create the portfolio management plan, incorporating roles, responsibilities, governance model, KPIs, and communication procedures.

• Obtain approval for portfolio decisions through communication with key decision makers.

 

Unit 3: Portfolio Performance - Monitoring and Balancing Portfolio Performance

• Initiate the portfolio based on the roadmap and supporting artefacts.

• Collect and consolidate performance metric data to measure portfolio health.

• Monitor portfolio performance using reports, dashboards, and auditing techniques.

• Manage and escalate issues for timely resolution.

• Implement change management techniques to enhance performance.

• Balance and prioritise portfolio components to optimise resource utilisation.

• Analyse and optimise resource allocation using supply/demand management and scenario analysis.

• Measure aggregated portfolio performance against business or strategic objectives.

 

Unit 4: Portfolio Risk Management

• Determine acceptable portfolio risk levels based on organisational and stakeholder tolerances.

• Develop the portfolio risk management plan.

• Perform dependency analysis to identify and monitor risks.

• Create and maintain a portfolio-level risk register.

• Promote stakeholder understanding and ownership of portfolio risks.

• Recommend and obtain approval for a portfolio management reserve.

 

Unit 5: Communications Management - Effective Stakeholder Communication

• Analyse internal and external stakeholders to identify expectations and interests.

• Create a comprehensive communication strategy and plan.

• Engage stakeholders through oral and written communication.

• Maintain the communication strategy and plan.

• Facilitate stakeholder understanding of portfolio management processes.

• Verify accuracy and consistency of portfolio communication.