Portfolio Management

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Portfolio Management

  1. 1. PRINCE2 TM is a Trade Mark of the Office of Government Commerce. BPUG Workshops at Project Challenge are supported by: APMP for PRINCE2 TM Practitioners By Graham Williams APMP and PRINCE2 Practitioner
  2. 2. <ul><li>Definitions (APM, APMP, PRINCE2, PRINCE2 Practitioner) </li></ul><ul><li>Why write the book? (Business Case) </li></ul><ul><li>What’s in the book? (Product Description) </li></ul><ul><li>What’s next? (Post-Project Review Plan) </li></ul>
  3. 4. <ul><li>Association for Project Management </li></ul><ul><li>A UK Registered Charity </li></ul><ul><li>Mission “To develop and promote the professional disciplines of project and programme management for the public benefit” </li></ul><ul><li>At the heart of APM is the APM Body of Knowledge – 52 knowledge areas required to manage ant successful project </li></ul><ul><li>Not to be confused with the APM Group </li></ul>
  4. 5. <ul><li>A knowledge based project management qualification (3 hour written exam) </li></ul><ul><li>Covers 37 knowledge areas from the APM Body of Knowledge </li></ul><ul><li>Assesses a candidate’s breadth of knowledge in all areas of project management, from strategic and commercial implications, to technical, organisational, and people management skills </li></ul><ul><li>For people with up to two years project management experience </li></ul>
  5. 6. <ul><li>A structured method for effective project management </li></ul><ul><li>Recognised as a world-class international product that embodies many years of good practice in project management </li></ul><ul><li>Consists of a Process Model, 8 Components, 3 Techniques and supporting “management products” </li></ul><ul><li>A Trade Mark of the Office of Government Commerce (OGC) </li></ul><ul><li>Published by TSO </li></ul>
  6. 7. <ul><li>An exam that measures whether a candidate would be able to apply PRINCE2 to the running and managing of a project within an environment supporting PRINCE2 (3 hour Objective Test Exam) </li></ul><ul><li>Candidates need to show that they can apply and tune PRINCE2 to address the needs and problems of a specific project </li></ul><ul><li>Candidates need to have passed the PRINCE2 Foundation Exam (1 hour Multi-Choice exam) </li></ul>
  7. 8. The Business Case
  8. 9. <ul><li>PRINCE2 provides the recepie for a successful project </li></ul><ul><li>APMP provides the skills and techniques needed for a successful project </li></ul><ul><li>Would you try to create a recepie from the Elbulli or Fat Duck Restaurants – without the necessary skills and techniques? </li></ul><ul><li>BOTH PRINCE2 AND APMP </li></ul>
  9. 10. <ul><li>PRINCE2 </li></ul><ul><li>APMP </li></ul><ul><li>Circa.150,000 PRINCE2 Practitioners worldwide </li></ul><ul><li>Nearly 2,000 PRINCE2 Practitioner Exams taken each month in the UK alone </li></ul><ul><li>16,500 members in total </li></ul><ul><li>Conclusion? </li></ul><ul><li>There have to be lots of PRINCE2 Practitioners trying to follow a recipe, but without the necessary skills and techniques </li></ul>
  10. 11. <ul><li>Do nothing </li></ul><ul><li>Write a study guide for the APMP </li></ul><ul><li>Write a study guide for the APMP but aimed at PRINCE2 Practitioners </li></ul>
  11. 12. <ul><li>Costs </li></ul><ul><ul><li>Authoring </li></ul></ul><ul><ul><li>Reviewing </li></ul></ul><ul><ul><li>Printing </li></ul></ul><ul><li>Benefits </li></ul><ul><ul><li>Better skilled project management staff </li></ul></ul><ul><ul><li>Improved project outcomes </li></ul></ul><ul><ul><li>Supports the aims of both OGC and APM </li></ul></ul><ul><li>Risks </li></ul><ul><ul><li>Support from APM? </li></ul></ul><ul><ul><li>Dominance of PRINCE2? </li></ul></ul>
  12. 13. Product Description
  13. 14. <ul><li>To provide candidates for the APMP exam with a single source of reference material covering all aspects of the APMP Syllabus, aligned to the PRINCE2 method </li></ul><ul><li>To enable PRICE2 Practitioners to expand their project management knowledge to cover all topics within the APMP syllabus </li></ul><ul><li>To provide a basic level study guide to enable candidates familiar with PRINCE2 to prepare for the APMP exam </li></ul>
  14. 15. <ul><li>Introduction </li></ul><ul><li>Project Management Context </li></ul><ul><li>Business Case </li></ul><ul><li>Organisation </li></ul><ul><li>Planning </li></ul><ul><li>Controls </li></ul><ul><li>Risk Management </li></ul><ul><li>Quality Management </li></ul><ul><li>Configuration Management </li></ul><ul><li>Change Control & Issue Management </li></ul><ul><li>Stakeholder Management </li></ul><ul><li>Procurement </li></ul><ul><li>People Management </li></ul><ul><li>Exercise Solutions </li></ul>
  15. 16. <ul><li>PRINCE2™ (2005) </li></ul><ul><li>APMP Syllabus </li></ul><ul><li>BS6079 – Project Management </li></ul><ul><li>Other APMP publications such as: </li></ul><ul><ul><li>Contract Strategy for successful project management, </li></ul></ul><ul><ul><li>GoPM </li></ul></ul><ul><ul><li>Starting Out in Project Management </li></ul></ul>
  16. 18. <ul><li>Main Text – Graham Williams </li></ul><ul><li>Exercise Solutions – David Atkinson </li></ul><ul><li>Lead Reviewer – Peter Simon </li></ul><ul><li>Reviewers – Association for Project Management and a selection of BPUG members </li></ul>
  17. 19. <ul><li>Does the book conform to the principles of PRINCE2? </li></ul><ul><li>Does it explain the APMP jargon-free? </li></ul><ul><li>Does the book match completely to the APMP Syllabus learning objectives </li></ul><ul><li>Does the book enable PRICE2 Practitioners to expand their project management knowledge to cover all topics within the APMP syllabus? </li></ul><ul><li>Does the book provide a basic level study guide to enable candidates familiar with PRINCE2 to prepare for the APMP exam? </li></ul>
  18. 20. Post-Project Review
  19. 21. <ul><li>Launch is today </li></ul><ul><li>Potential applications: </li></ul><ul><ul><li>Existing APMP Training Companies </li></ul></ul><ul><ul><li>Existing PRINCE2 Training Companies </li></ul></ul><ul><ul><li>Private study </li></ul></ul><ul><li>Which will lead to: </li></ul><ul><ul><li>Increased take up of APMP and APM membership </li></ul></ul><ul><ul><li>Better rounded Project Managers </li></ul></ul>
  20. 23. www.usergroup.org.uk 0845 0548038 [email_address] Best Practice User Group™ aims to be the official user group of choice for programmes, projects and risks. Our mission: To help users adopt, use, share and shape the application of OGC PPM Products

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