Chartering Projects
Managing the Business Priorities of the Project Portfolio


 

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A 2-day, 14 PDU (1.4 CEU) instructor-led program

This powerful program shows you how to charter projects - how to think about project priority in order to choose the right projects: avoid the bad ones, hold off on the questionable ones, and quickly launch the profitable ones. The program emphasizes the on-going relationship between a project's need to balance scope, schedule, and cost and the organization's need to achieve its strategic objectives.

For an individual project, you will explore how to judge its overall business worth, how to value the product's component features, and how to report on (and respond to questions about) the project's business value at the critical phase reviews.

For the project portfolio, you will learn how to rank projects, how to revise your ranking, and how to get the information you need to make good decisions about each project in your portfolio.

The program emphasizes tools and techniques that address your real business needs.

The program includes the latest terminology from The Guide to the Project Management Body of Knowledge (PMBOK Guide®, Third Edition), the only internationally recognized project management standard

Upon completion, you will be able to:

·      Assemble a portfolio of the best projects
·      Execute an effective project review
·      Describe the life cycles used to manage projects
·      Make the critical go/no-go decisions at every gate in a life cycle
·      Understand how good project management leads to better chartering decisions
·      Understand how a consistent chartering process leads to successful (and repeatable) project results
·      Execute an effective portfolio priority review
·      Draft a decision table to rank the projects in your portfolio
·      Assess and balance the relative weights of a project's constraints
·      Know what to look for in a well-estimated project
·      Identify the critical project performance measures and how to interpret them

Who Will Benefit?

·      Executives involved in project portfolio management
·      Senior project managers presenting their projects for portfolio review
·      Project and program managers
·      Senior technical leads who participate in portfolio reviews
·      Project managers and team leaders who wish to prepare for future challenges

 AGENDA

Day 1
·      Introduction
·      Which are your critical projects?
·      Managing the project portfolio "pipeline"
·      What is the role of the project life cycle?
·      How does project chartering affect project management?
·      What's involved in project chartering?
·      How do you value a project?
·      How do you value engineer the product of the project?
·      How does resource management affect portfolio decisions?

Day 2
·      What's the difference? Product versus project; project life cycle versus product life cycle
·      What project planning tools do we need?
·      How do you best estimate our projects?
·      What is the best way to measure performance?
·      How do you conduct a senior management phase review?
·      What lessons can you use back at work?

Contact us early to be sure to get the training dates you need.

 

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