2. What is portfolio management?
• A Portfolio is the totality of an organization’s
investment in the changes required to achieve
its strategic objectives
• Portfolio Management is a co-ordinated
collection of strategic processes and decisions
that together enable the most effective balance
of organizational change and ‘business as usual’
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3. What is MoP™?
• MoP helps organizations answer a fundamental question ‘Are
we sure this investment is right for us and how will it contribute
to our strategic objectives?’
• MoP achieves this by ensuring that:
— The programmes and projects undertaken are prioritized in
terms of their contribution to the organization’s strategic
objectives and overall level of risk
— Programmes and projects are managed consistently to
ensure efficient and effective delivery
— Benefits realization is maximized to provide the greatest
return (in terms of strategic contribution and efficiency
savings) from the investment made
MoP™ is a Trade Mark of the Office of Government Commerce in the United Kingdom and other countries
www.maventraining.co.uk І 020 7089 6161
4. What does MoP™ offer?
• Five principles that deliver the basis for managing projects,
programmes and change initiatives as a unit of work, including
strategic alignment and senior management commitment
• Portfolio definition cycle, which has five processes including
identifying all existing initiatives, categorising them and creating
the portfolio plan
• Portfolio delivery cycle that has seven processes outlining how the
risks, benefits, resources and finances relating to the portfolio will
be managed, and how those involved will be governed and
communicated with to maintain commitment to successful delivery
• Techniques to support the collation, analysis and prioritisation of
multiple projects, programmes and change initiatives including:
— Risk Potential Assessment
— Delivery Confidence matrix
— DICE – Duration, Performance Integrity, Commitment to change, Additional
Effort
— Analytical Hierarchy Process
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6. What will I learn on the course?
• Understand the strategic context of portfolio, programme,
project and change management
• Define the steps to defining a portfolio including how to
categorise and prioritise initiatives and create a plan that
balances the conflicting needs of functions and departments
across your organisation
• Clarify how existing processes for risk, benefits, resource and
financial management can be applied to portfolio management
• Define criteria for accepting or rejecting initiatives into the
portfolio based on their contribution to strategic objectives
• Assess initiatives for their interdependencies, resource usage
and impact on business as usual
• Define the information flow about the portfolio to and from
project and programme managers, sponsors and senior
managers
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11. Call today on 020 7089 6161 to discuss
your MoP® requirements or visit the
Maven website for more information.
www.maventraining.co.uk І 020 7089 6161