About This Chapter
Portfolio Performance - Chapter Summary
The lessons presented to you in this chapter will address material about performance management and records management. You will understand what portfolio initiation and the process of performance management. You will cover the following topics in this chapter:
- Techniques to collect portfolio performance data
- Five steps of performance management
- Examples of the impact of monitoring and not monitoring
- How to manage portfolio changes
- Resource allocation
- Examples of scenario analysis
- How to use change analysis
- Benefits of records management process
The lessons are taught by experienced and knowledgeable instructors. Our lesson quizzes also give you immediate feedback so you can quickly find out what your strengths and weaknesses are and so you can go back into the lesson to review certain areas if necessary.
1. Portfolio Initiation & Performance Measurement
In this lesson, learn about developing a portfolio roadmap that supports the initiation and activation of a portfolio. We'll discuss a case study on how to create the roadmap, develop performance measures, and determine portfolio results.
2. Monitoring Portfolio Performance: Techniques & Importance
Monitoring portfolio performance will make your job as a portfolio manager easier. Learn more about how to create a dashboard and get the data you need, as well as the most useful auditing techniques.
3. Change Management Techniques for Portfolio Management
In this lesson, you will learn about the core change management techniques that businesses use to manage and communicate portfolio changes suggested by top managers or end users.
4. Resource Allocation in Management: Methods, Process & Strategy
Only so many resources are available, and a business must decide where to use them. In this lesson, you'll learn about resource allocation, the ideal method, and a typical allocation process. A short quiz follows the lesson.
5. What is Benefits Realization Management?
There is more to a project then just getting it done. The project should also produce something beneficial. In this lesson we will learn how a company understands and realizes those benefits.
6. Benefits Realization - Metrics & Monitoring
An organization that invests in a project does so in order to advance its strategic goals. This lesson described the ways that an organization can maximize the project's benefits by monitoring metrics.
7. Updating Program Benefits Realization Plans
Nothing lasts forever - including benefits realization plans. This lesson explores the scenarios that often require updates to a program's benefits realization plan in both positive and negative directions.
8. Scenario Analysis in Portfolio Management
In this lesson we will learn about scenario analysis as a tool to allocate or reallocate capacity, and its benefits for portfolio management and performance.
9. Using Change Analysis to Refine Portfolio Roadmaps
When an organization is not performing as expected, change analysis helps move it to a more desired state. In this lesson, we learn about the life cycle of change as an organization implements changes to organizational resources.
10. Records Management Process in Organizations
Most organizations deal with large amounts of information on a regular basis and require a records management process. Learn how a records management process assists organizations in creating, classifying, and managing their documents.
11. Five Principles of Total Quality Management (TQM)
Total quality management (TQM) is achieved and becomes part of the overall organizational culture when the five principles - produce quality work the first time, focus on the customer, have a strategic approach to improvement, improve continuously and encourage mutual respect and teamwork - are practiced by all employees.
12. Implementing Total Quality Management (TQM) in an Organization
When an organization adopts total quality management, they are really creating a new culture of customer satisfaction and quality products and services utilizing the skills of highly qualified employees and strong supplier relations to meet and exceed organizational goals.
Earning College Credit
Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the PfMP® Study Guide - Portfolio Management Professional course