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course | Effective Portfolio Project Management PPM Towards Vision 2030 Realization

Looking to excel in effective portfolio ppm towards vision? Effective Portfolio Project Management PPM Towards Vision 2030 Realization in Abu Dhabi offers

PMCM-318 | Effective Portfolio Project Management PPM Towards Vision 2030 Realization

Course Sector : Project & Contract Management

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days04/01/202708/01/2027Dubai$4,250 Book now
5 Days14/03/202718/03/2027Riyadh$4,250 Book now
5 Days24/05/202728/05/2027Kuala Lumpur$4,950 Book now
5 Days02/08/202706/08/2027Online$2,150 Book now
5 Days30/08/202703/09/2027Abu Dhabi$4,250 Book now

Course Introduction

In response to the launch of Vision 2030, Saudi Arabia initiated the Vision Realization Programs (VRPs), designed to translate the vision into actionable plans. Organizations were mandated to align their endeavors with approved delivery plans tied to 5-year milestones to execute the strategy effectively. Portfolio management aims to streamline strategic initiatives and routine operations, providing senior management with coordinated processes to maintain balance, while project management focuses on overseeing these initiatives and projects to ensure their alignment with strategic objectives.
 

The Effective Portfolio & Project Management (PPM) Towards Vision 2030


The Effective Portfolio & Project Management (PPM) Towards Vision 2030 Realization training course offers comprehensive insights, tools, and techniques in portfolio and project management essential for achieving the vision and its associated strategies. Participants will explore the intricate relationship between vision, strategy implementation, and portfolio management, identifying common challenges and pitfalls encountered during the realization process. Additionally, the course will cover the foundational principles and models of portfolio management, effective methods for defining project portfolios, and best practices for successfully delivering, managing, and governing portfolios. Moreover, participants will gain proficiency in project management principles and domains according to the new PMBOK® Guide, equipping them with the skills necessary for contributing to the successful realization of Vision 2030.


Course objective

  • Develop a systematic approach for actualizing vision and executing strategies effectively.
  • Establish portfolio management and a portfolio office within the Vision Realization Office (VRO).
  • Determine, outline, and kickstart the optimal combination of initiatives and projects that align with vision realization.
  • Ensure the successful delivery of the portfolio, achieving desired benefits while minimizing risks.
  • Implement governance principles effectively in portfolio management practices.
  • Apply project management principles proficiently across various project performance domains.

Course audience

This training course is tailored for professionals across various sectors involved in strategic planning, portfolio management, and project execution, seeking to contribute effectively to the realization of Vision 2030 goals.


Course Outline | Day 01

Concepts for Realizing the Vision and Implementing Strategies

 

  • Understanding the vision, mission, and strategy concepts
  • Strategy realization pitfalls, and how to overcome them
  • Principles of successful portfolio management to implement strategies
  • The portfolio management model
  • Relationship between strategy, portfolio, program, and project management (PPM)
  • Coordinating portfolio management with key corporate functions

Course Outline | Day 02

Identifying and Defining a Balanced Project Portfolio to Realize the Vision

 

  • Assessing Readiness for Strategy Implementation and Portfolio Management Maturity
  • Understanding the needed new initiatives and existing projects to support the strategy
  • Selecting and categorizing the portfolio
  • Prioritizing the selected portfolio components according to strategic objectives and other criteria
  • Balancing and optimizing the selected portfolio to find the best mix supporting the vision.
  • Developing a portfolio strategy and portfolio delivery plan

Course Outline | Day 03

Delivering and Managing the Project Portfolios
 

  • Using management control practices to monitor and control at the portfolio level
  • Benefits management is an important factor in realizing strategies and vision
  • Financial management, staged release of funds, and aligning cycles of strategic, portfolio, and financial planning
  • Stakeholder engagement and aligning plans from different portfolio components
  • Resource management: balancing the demand and supply cycles

Course Outline | Day 04

Applying Governance and Managing Risks Facing the Portfolio Delivery
 

  • Portfolio risk management best practices
  • Differences between management and governance
  • Portfolio and project governance board(s)
  • Coordination with organizational governance
  • The vision realization office (VRO) and the portfolio, program, and project offices (EPMO)
  • How to implement portfolio management and an EPMO

Course Outline | Day 05

Best Practices in Managing Projects in the Portfolio
 

  • Selecting the appropriate project delivery method (Predictive / Hybrid / Adaptive)
  • The principles of project management according to PMBOK® Guide, 7th Edition
  • The project performance domains according to PMBOK® Guide, 7th Edition
  • Overview of the methods, tools, and techniques to manage projects
Course Certificates
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BOOST’s Professional Attendance Certificate “BPAC”

BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.

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