Help a fictitious company to manage its projects portfolio and understand in practice the decision making models to select the appropriate projects for the strategic business objectives.
The PMRank® workshop is a practical and innovative training about projects portfolio management. Developed by Ricardo Vargas, the PMRank uses case studies, a set of varied criteria and decision making models such as the Analytic Hierarchy Process (AHP), which enable the participants to have the proper knowledge to decide the right mix of project composition to be undertaken.
The methodological basis of all the PMRank's work can be found on the Standard of Portfolio Management published by the Project Management Institute and on the MoP (Management of Portfolios) published by the UK Office of Government Commerce (OGC).
The PMRank workshop is designed for Executives, Strategic Planning Teams, Investment Planning Team, Project Managers and others involved in the selection of portfolio investments/projects. The workshop does not require experience in projects neither in portfolio management. All knowledge necessary for comprehension and participation in the workshop will be presented by Ricardo Vargas during the training.
Over one-day seminar, the participants are divided into teams to support the Tiger Screws, a fictitious screw and connector’s factory with global operations. Each team will seek for the improvement of the market company position and they must do so through the elaboration of a different strategic objective.
Upon receipt of the strategic map and its direction for the next two years, the participants will define and choose which sets of criteria best represent the required strategic direction, trying to compare and prioritize the criteria to be applied to potential projects.
At this stage of the training the multi-criteria decision models are presented and applied to the planned tasks. To ensure the process comprehension, the participants will make all the calculations of the Analytical Hierarchy Process (AHP) using only one data sheet of paper and a basic calculator.
Then, the criteria are applied to the potential projects to create their ranking and direct the process of choosing a portfolio. Because each team is told to use a specific direction, the ranking of each will be different, allowing discussion of the different results between the groups.
At the end of the projects ranking, "force-in/force-out" directions, resource and budgets constraints are presented and the portfolio is balanced.
Finally, the portfolio is monitored, controlled and adjusted based on market information, project results and new directions in order to ensure the continuous alignment between the portfolio and the business need (Business justification).
At the end of the course the student will be able to:
|Project Management Institute (PMI)|
|PMI Practice Standard for Estimating||—|
|PMI Practice Standard for Earned Value Management||—|
|PMI Practice Standard for Configuration Management||—|
|PMI Practice Standard for Risk Management||—|
|PMI Practice Standard for Work Breakdown Structure||—|
|PMI Practice Standard for Scheduling||—|
|PMI Standard for Portfolio Management||Yes|
|PMI Standard for Program Management||Yes|
|PMI Project Manager Development Competency Framework||—|
|Organizational Project Management Maturity Model (OPM3®)||—|
|UK Office of Government Commerce (OGC)|
|PRINCE2 (Projects in Controlled Environments)||—|
|MSP (Managing Successful Programmes)||Yes|
|M_O_R (Management of Risks)||—|
|P3M3 (Portfolio, Programme, and Project Management Maturity Model)||—|
|P3O (Portfolio, Programme and Project Offices)||Yes|
|MoP (Management of Portfolios)||Yes|
|MoV (Management of Value)||—|
|International Project Management Association (IPMA)|
|ICB® IPMA Competence Baseline||—|
Ricardo is one of the best trainers on Project Management working in Brazil nowadays. He has done at least two trainings per year for Siemens Brazil in the last 5 years and his approval by the participants is always 100%. I’m sure he is the responsible for our great success in achieving the number of 170 PMPs certified in our group in Brazil. I can finally say that his training worth how much it costs.
Leandro PatahSiemens | São Paulo, Brazil
Ricardo was one of the main speakers in our worldwide seminar for Project Managers. He really transmits passion and engagement for PM activities that encourage us as Project Managers to speed up our pace for development bringing this way effective contribution to our business. In addition his communication skills keep attention of the people and give us a good feeling of "I want to hear more". I hope we have another opportunity in the future to work together again.
Sergio FavaroRobert Bosch | São Paulo ,Brazil
Marcos hired you as a Business Consultant in 2002 and hired you more than onceI had a great experience with Ricardo around 2002, when he designed for my area a specific training using the PMI methodology. The technical content was great and also Ricardo had the capacity to adjust the offer to my specific business needs. All the time he was focused on the business results that we could achieve with that training, using very good cases and tools. I use them until now, more than 8 years later!
Marcos CavagnoliCitibank | São Paulo, Brazil
Ricardo is one of the best Project Management Consultant. He´s very creative and has large international experiences on Project Management Trainings and innovate ideas. If you´re looking for a Project Management, Leadership or Team Building trainings, you have to contact Ricardo. He´ll surprises you and you´ll add value to your team. One special remark is his DOME training. Your leaders will work in a different manner after participating on this.
Sandra DelfimCognis | São Paulo, Brazil
Since his early age he had leadership as natural ability, out of that he was the best student of the Army and I also know that he figures among the first places at university application tests (vestibular) among all students in UFMG best local university... His professional progress was obvious once his academic grades were impressive, the speech skills and managing talent were great as well! I'm honored to have him as a success benchmark and as a person too
Daniel RodriguesExército Brasileiro | Belo Horizonte, Brazil
Vargas is the best professional project management in the world! He is a great motivator for the beginners in this discipline in organizations and colleagues in Brazil. I've been privileged to work directly with Vargas and learn from him what is to be proactive, organized and creative.
Fernando ParreirasA&C | Belo Horizonte, Brazil