Project management is about doing things right, while Management of Portfolios is about doing the right thing.
If you have multiple projects in your organization, you should definitely learn management of portfolios. It’s not a bigger scale form of project or program management, it’s a totally different concept, focused on maximizing your benefits by choosing/accepting the right projects and programs, and by assigning limited resources to them, in a proper way.
The best methodology for portfolio management is Management of Portfolios (MoP) from AXELOS; the same organization that provides PRINCE2®, the famous project management methodology.
We currently have an introductory course to MoP: Management of Portfolios (MoP®) Introduction Course
This short 1.5 hour online course introduces the portfolio management concept of MoP® in the simplest and fastest possible way. By passing this course, you’ll gain a complete understanding of the concept and you would even be able to apply it in your organization.
The useful things you can learn from MoP, besides the general descriptions of the portfolio and portfolio management, is Principles, which should be always applied in every portfolio to succeed, and the cycles, which are the actions we take to manage the portfolio. There are two cycles in MoP: the definition cycle, which is used to plan the portfolio, and the delivery cycle, which executes, monitors, and controls the portfolio. Each cycle has a number of practices.
Our Foundation level course will be ready in the future. If you’re interested, please subscribe to our newsletter to stay informed of the release.