Portfolio and Program Management Simulation

  • MDI6001Course Code
  • send to printer

Simulation Description

Next to mentored live practice, performance simulations are the most powerful way to equip learners when real change is needed.

This intensive workshop extends beyond the boundaries of a single project and into the complex world of managing multiple projects. Participants manage concurrent projects within the framework of the organization’s strategy and goals, while also managing the interfaces between these projects. They compete for project priority, visibility, and business resources, even as they share and negotiate for the benefit of the entire organization. Participants must balance the organizational goals of business performance and customer satisfaction while they build organizational capability and the human capital of the enterprise.

Target Audience

Individuals who will benefit from this interactive experience include portfolio and project managers and team leaders and project leaders. Our simulations are complex and challenging and are principally designed for middle management. Participants need a good understanding of project management and typically have 8-15 years of experience. The average number of participants is 20-30, though our learning designs can accommodate larger or smaller groups.

Course Objectives

  • Participants will learn the core skills and leadership capability to use their resources more effectively, balance risks of each project in the portfolio, and align the project’s outcome with enterprise objectives.
  • Develop multi-project thinking and a strategic view of projects.
  • Manage a portfolio of project priorities.
  • Improve enterprise project coordination, communications and alignment among team project leaders.
  • Maximize the value of an individual project while minimizing risk.
  • Develop enterprise and project capacity plans.
  • Allocate and manage organizational and project staff.
  • Manage enterprise risks and opportunities.
  • Balance the functional and project roles and responsibilities.
  • Develop integrated project plans.
  • Improve leadership and influence behaviors.
  • Align your project's outcomes with enterprise objectives.

The Workshop: Our Training Methodology

This simulation is a highly interactive, intensive, and experiential workshop, integrating short classroom lectures, a robust computer simulation of a single project, small- and large-group discussions, and team assessments. We create a highly charged, hands-on learning environment, which immerses participants in the world of managerial decision-making.

The workshop features a powerful multi-project simulation that participants use to plan and then implement in a dynamic environment. The simulation provides the realistic context setting for making tough decisions about project priorities, staffing, capacity planning, customer, quality, schedule, and cost issues. Participants encounter typical project and organizational problems such as changing priorities, contending demands, management constraints, limited resources, shortages of qualified project leaders, and the management of new project arrivals. As they make decisions in the simulated environment, they practice and improve interpersonal and team behaviors and gain insights