Portfolio Management Level 3 (QLS) Course

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Specifically, explore the flexible and convenient Portfolio Management (Level 3) course, an ideal way to gain a diploma qualification. Whether you aim for further education, improved job prospects, or expanded knowledge, this comprehensive course allows you to prepare thoroughly for exams or careers through home study. Plus, it’s structured to be accessible and beneficial even if you have no prior knowledge in Portfolio Management (Level 3).

The Level 3 Diploma course in Portfolio and Programme Management represents a significant opportunity for professionals in the field of Project Management to enhance their skill set and broaden their understanding of key concepts in Portfolio and Programme Management. As organisations increasingly rely on efficient management of multiple projects to achieve strategic objectives, the demand for professionals with expertise in Portfolio and Programme Management continues to grow. This course serves as a gateway for individuals looking to advance their careers in Project Management by gaining specialised knowledge in managing portfolios of projects.

One of the primary reasons why this course is highly beneficial is its focus on methods and techniques for effectively controlling a portfolio of projects. Portfolio Management involves the strategic selection, prioritisation, and oversight of projects to ensure alignment with organisational goals and objectives. By delving into various method-based approaches, participants gain valuable insights into how to optimize resource allocation, mitigate risks, and maximize the value delivered by project investments. This knowledge is indispensable for Project Managers seeking to excel in their roles and contribute to the overall success of their organisations.

Moreover, this course places particular emphasis on aligning Project Management practices with Information Systems (IS) strategy delivery. In today’s digital age, the integration of technology and project management is crucial for driving organisational innovation and competitiveness. By understanding how to align project management practices with IS strategy, participants can effectively leverage technology to enhance project outcomes and drive business value. This holistic approach equips professionals with the knowledge and skills needed to navigate the complexities of modern project management within the context of rapidly evolving technological landscapes.

Furthermore, the Level 3 Diploma course serves as a foundational stepping stone for individuals looking to delve deeper into the specialised field of Portfolio and Programme Management. By providing a comprehensive overview of key concepts and methodologies, the course lays the groundwork for further exploration and specialisation in this critical area. Participants gain a solid foundation that prepares them for advanced studies or certifications in Portfolio and Programme Management, enabling them to pursue leadership roles and make meaningful contributions to organisational success. Overall, this course offers a unique opportunity for Project Management professionals to expand their horizons, enhance their capabilities, and drive value in their organisations through effective portfolio and programme management practices.

QLS & OPA

Digital certificate - Included

Course Key Topics

the Portfolio Management (Level 3) course is divided into 10 modules.

Module 1: Introduction to Programme Management
This unit provides the foundation material for the entire course. It carefully defines the entire composition of the course and introduces the student to the definitions and concepts of Programme Management. It provides the basic bibliography that supports the course and where additional background information might be obtained.

Module 2: The need for Programme Management
This unit looks at the purpose and need for Programme Management. It examines how the science has evolved from Project Management, the journey travelled so far and considers how the method base will continue to evolve. It will examine the difference in approaches between the Public and Private sectors, the driving forces in Programme Management and who is establishing the trends and standards.

Module 3: Methods and Techniques in Programme Management
This unit will examine the scientific approaches that have been adopted in order to conduct Programme Management. Specific reference will be made to the procedures designed and developed by the UK Government Office of Government Commerce (OGC), integration to PRINCE Project Management and alignment to IS Strategy studies. Other proprietory methods will be reviewed and contrasted. In addition the many sophisticated software development environments that support the method bases.

Module 4: The Four Phases of Programme Management
A Composition study examining the four method phases that make up the concept of Programme Management:

1. Programme Identification
2. Programme Definition
3. Programme Execution
4. Benefits Realisation

Module 5: Operating and Resourcing Programmes
This module essentially looks at three different aspects of Programme Management as focused on the operational perspective:
Organisation of Programmes, Programme Management Processes and Managing third parties.

Module 6: Programme Management and Organisational Change
This module examines the important interlock between Programme Management and the impact of Organisational Change. It will also consider elements of Risk Management and the harmonisation between these components. Particular emphasis on change within an Information Systems Technology setting.

Module 7: The Importance of Strategic Alignment
The importance of alignment between Programme Management and Information Systems Strategy will be examined from a method based approach. This essential element of interlock will be examined from a senior management or executive perspective and considers the roles that Executives will be expected to perform in ensuring successful strategic delivery and control over the programme management packages ( portfolio).

Module 8: Benefits Realisation
One of the main deliverable components from Programme Management is Benefits Realisation or the costs savings, process improvements and strategic goal attainments brought about by successful delivery of projects within a portfolio. These will be examined from a method base and case study examples illustrating evidence of successful technique and approach in this area.

Module 9: A Programme Management Framework
This module considers the logical framework for Programme Management and how the individual parts interlock into a fully functional model. Reference will be made to Forcefield Analysis illustrating how shifting variations in the model create “ripple effect” changes throughout the entire model. The importance of using computer software in order to manage the entire model component and obtain immediate quantification of results, that otherwise would be impacted by time delays, fluctuating results and possibly erroneous management decisions.

Module 10: Global Considerations of Programme Management
A close look at how Programme Management functions within the multi-national Companies and works on a global business scale. This is examined from a number of different industry perspectives.

What Will You Learn?

• In the Portfolio Management course, participants will embark on an enriching journey that delves deep into the multifaceted discipline of managing portfolios and programmes of projects.
• Across the ten meticulously crafted modules, learners will gain a comprehensive understanding of key concepts, methodologies, and techniques essential for effective portfolio management.
• The course begins with an introduction to Programme Management, laying the groundwork by defining essential concepts and providing foundational knowledge.
• Subsequent modules explore the need for Programme Management, methods, and techniques employed in Programme Management, and the four phases integral to Programme Management, offering participants a holistic view of the subject.
• Learners will delve into operational aspects such as resourcing programmes and organisational change management, gaining insights into strategic alignment and benefits realisation in the context of programme management.
• Additionally, the course addresses the global considerations of Programme Management, providing learners with a broader perspective on how Programme Management operates in multinational companies across different industries.
• Through a blend of theoretical insights, practical examples, and case studies, participants will acquire the skills and knowledge needed to navigate the complexities of managing portfolios and Programmes of projects effectively.

Target Audience

• The Portfolio Management course is tailored to cater to professionals already engaged in Project Management roles who aspire to expand their expertise into the realms of Portfolio and Programme Management.
• It is specifically designed for individuals seeking to advance their careers by gaining a comprehensive understanding of managing portfolios of projects strategically.
• The course targets Project Managers, Programme Managers, Portfolio Managers, and other professionals involved in overseeing multiple projects within organisations.
• Additionally, professionals aspiring to transition into Programme Management roles or those aiming to enhance their skill set to align Project Management practices with Information Systems (IS) strategy delivery will find this course invaluable.
• Whether experienced Project Managers looking to upskill or individuals new to the field seeking to establish a strong foundation, the Portfolio Management (Level 3) course offers a structured learning pathway to meet the diverse needs of its target audience.

• The good news is that no prior learning knowledge or experience is essential to take this course. This course is openly available to anyone wishing to learn more about Portfolio Management (Level 3) and would like to take part in a highly rewarding distance learning study course.
• We believe that everyone should have the opportunity to expand their knowledge and study further, so we try to keep our entry requirements to a minimum.
• You have the freedom to start the course at any time and continue your studies at your own pace for a period of up to 12 months from initial registration with full tutor support.

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