Project Portfolio Management Summit
Optimize project results by selecting and allocating resources to the right projects — if your company believes in the power of project management, you can’t afford to miss this summit!
Project managers take a lot of heat when “project management” doesn’t deliver organizational results; however, the business of selecting which project to invest in and appropriately allocating resources must be carried out at the executive level, via the process of project portfolio management (PPM). Project managers need to provide timely project information to executives so that they can effectively manage all current and future projects.
A competitive advantage for organizations now is taking on the right projects and making sure that there are resources to complete those projects. PPM is a set of business practices and technology that allows organizations to manage projects as a strategic portfolio, ensuring the alignment of projects with organizational objectives.
PPM organizes a series of projects into a single portfolio consisting of reports that capture project objectives, costs, timelines, accomplishments, resources, risks and other critical factors and organizes them in an easily digestible form. Executives can then regularly review entire portfolios, see where money is spent, why projects are or aren’t necessary, spread resources appropriately and keep tabs on progress.
If your organization is not using PPM or starting to use it, then recommend that your executive management attend this summit. You will learn how some of the top performing organizations are using PPM, as well as the lessons they learned in implementing PPM.
“The content of this summit couldn’t have been more perfect. It was great that my manager attended with me. I was looking for ways to influence him regarding ways to improve project management in our organization. This probably wouldn’t have happened so quickly if we had not attended this summit together.”
Luanne Lochner, IT Project Manager, Foremost Farms, Baraboo, WI
Who should attend:
- Executives/directors/managers who are involved with project management and want more completed projects to produce positive business results
- Project portfolio directors, program managers and PMO directors
- Experienced project managers who would like to participate in improving the overall project management process within their organizations
Topics include:
- Steps toward establishing a project portfolio process in your organization
- How to appropriate project selection criteria
- Connecting your business strategy to the project selection criteria
- Allocating resources optimally
- Eliminating project redundancies
- Preventing “problem projects” from making it into the opportunity pipeline
- Determining when to terminate an existing project
- Using technology to optimize your portfolio and gain real-time visibility
- Reducing costs on projects and increase benefits from timely project deliverables
Schedule
8:00 a.m. – 5:00 p.m. Session
Faculty
Tom Westcott
Tom Westcott, BS, PMP®, is founder and CEO of Project Solutions Group. He has over 17 years of teaching and consulting experience in project management, and has delivered training to thousands of professionals throughout the U.S. and the world. Tom was previously a manager of project management development for Cambridge Technology Partners, where he developed and managed a six-year development seminar for Cambridge’s project managers.