PRINCE2® Portfolio Management Foundation – Including Exam (MOP-F)

Module 1 Overview

• • The definitions of portfolio and portfolio management
• • The portfolio management model and the relationship between the principles, cycles, practices and relevant techniques
• • The differences between portfolios and portfolio management on the one hand, and projects/project management and programmes/programme management on the other
• • The local circumstances that will affect how the MoP principles and practices will be adapted and how cost effective approaches can be adopted
• • The objectives and benefits of portfolio management

Module 2 Implement, sustain and measure

• • The three broad approaches to implementing portfolio management; when each approach to implementation is most relevant, the advantages of planned approaches to implementation
• • The benefits of assessing the impact of portfolio management
• • Seven steps (and their benefits) in a staged implementation of portfolio management
• • The factors to consider in sustaining progress
• • Approaches to assessing portfolio management maturity

Module 3 Strategic and organizational context

The 6 key functions/activities that portfolio management needs to co-ordinate with to achieve strategic objectives.  Identify how portfolio management can:

• • Co-ordinate with 'business as usual', strategic planning, resource allocation and budgeting, project and programme management, performance management to deliver strategic objectives
• • Support effective corporate governance

Module 4 Portfolio management principles

The 5 principles upon which effective portfolio management is based

• • Senior management commitment
• • Governance alignment
• • Strategy alignment
• • Portfolio office
• • Energised change culture

Module 5 Portfolio definition cycle

The portfolio definition practices:

• • Understand
• • Categorize
• • Prioritize
• • Balance
• • Plan

Understand the terms and concepts relating to the portfolio definition cycle. The techniques of:

• • Three point estimating and reference class forecasting
• • Driver-based strategic contribution analysis
• • Multi-criteria analysis
• • Decision conferencing
• • Clear line of sight

What is involved and the keys to success

Module 6 Portfolio delivery cycle

The portfolio delivery practices:

• • Management control
• • Benefits management
• • Financial management
• • Risk management
• • Stakeholder engagement
• • Organisational governance
• • Resource management

The techniques of:

• • Management by exception
• • One version of the truth
• • Staged release of funding
• • Clear line of sight reporting
• • Champion-challenger model

What is involved, the main elements, and keys to success

Module 7 Roles and documentation

• • The purposes and responsibilities of the main portfolio management roles identified in PRINCE2® Portfolio Management.
• • The purposes of the main portfolio management documentation