Project Program and Portfolio Management

Project, Program and Portfolio Management (PPPM) will introduce students to senior management decision-making models. Portfolio management involves prioritisation, risk assessment and deployment of resources across an entire organisation to achieve benefits to the whole-of-business. In contrast, program management identifies benefits and realises outcomes across programs and projects. PPPM concentrates on the development of a realistic picture of an organisation’s business and future strategy and how to best use company resources to achieve beneficial results. These resources include adopting standards across an enterprise, developing staff competency through education and training, and implementing reporting regimes to provide senior management with information for sound decision making. Program management feeds into portfolio decision making by providing accurate and real-time data, quality assurance across programs and projects and ensuring consistent processes are maintained.

Learning Outcomes

On successful completion of this unit, students will be able to:

1. Articulate the key features of project, program and portfolio management;
2. Analyse the characteristics of a program management office within organisational contexts;
3. Critically analyse a Portfolio Services Organisation and how it relates to the strategic direction of an organisation; and
4. Conceptually map and evaluate organisational reporting systems against theoretical decision-making models.