Construction project portfolio management is a strategic approach that enables construction companies to maximize the performance and ROI of their projects by approaching them from a holistic viewpoint. Rather than looking at each project as a silo, PPM helps leadership visualize the big picture and make decisions accordingly.

The focus of project portfolio management is to identify problems at the earliest stage and take corrective actions before any negative impact. Construction project portfolio management processes and tools put key data points in front of decision-makers. As a result, you get a holistic picture across multiple projects.

For Whom

Construction project managers, Architects, Property managers, Quantity surveyors, Civil engineers and others who want to improve their construction project management skills

Learning Objectives

At the end of the program, participants will be able to:

• Explain of concept and management of the construction project portfolio from inception to completion
• Provide a roadmap and set of tools for change project prioritization and “portfolio management”.
• Assess current project opportunities and establish priorities for a current slate of projects – with essential balance between potential results, timing and likelihood of success
• Recognize and avoid the pitfalls of “usual suspect” solutions that look attractive but waste time and resources
• Practice key steps to scope/size projects for success and identify the right change strategy (e.g. strategic initiative, quick win, process improvement (e.g. Lean, DMAIC, Kaizen), design/redesign (reengineering, DFSS), etc.).
• Build a solid business case for chosen projects, allowing project executors (e.g. Sponsors, Program Managers, Black Belts, etc.) to gain the support and resources they need.
• Initiate an ongoing process for leaders to effectively assess and deploy improvement resources – including stopping and refocusing efforts as needs change.