Portfolio and Project Management Strategies for Vision 2030

Course Overview

The “Portfolio and Project Management Strategies for Vision 2030” training by Pideya Learning Academy is a comprehensive program meticulously designed to equip professionals with the knowledge and strategies to align their organizational initiatives with the ambitious goals of Saudi Arabia’s Vision 2030. This visionary framework emphasizes economic diversification, sustainable development, and an enhanced quality of life, supported by Vision Realization Programs (VRPs) that ensure progress through structured five-year milestones.

Effective portfolio and project management are pivotal in translating Vision 2030’s aspirations into actionable results. Research highlights that organizations leveraging portfolio management principles experience a 25% higher project success rate. Furthermore, aligning initiatives with strategic goals can boost overall organizational performance by over 30%, demonstrating the indispensable role of structured portfolio and project execution in achieving long-term success.

This course focuses on imparting cutting-edge principles, frameworks, and methodologies to empower professionals to navigate the complexities of large-scale initiatives while delivering tangible results. Participants will gain deep insights into the seamless integration of strategic objectives with practical execution through proven techniques and models.

Key highlights of this transformative training include:

Exploring the interconnection between vision, strategy implementation, and portfolio management, providing participants with a clear roadmap for effective execution.

Identifying pitfalls in strategy execution and vision realization, along with actionable solutions to overcome them.

Gaining proficiency in portfolio management frameworks that drive decision-making and prioritization of initiatives aligned with Vision 2030 objectives.

Mastering project management principles in alignment with globally recognized standards like the PMBOK® Guide.

Learning to define, categorize, and optimize portfolios to ensure maximum return on investment and alignment with strategic goals.

Building expertise in governance and risk management practices tailored to portfolio and project oversight.

This course not only addresses the critical need for alignment between strategy and execution but also empowers participants with the tools to manage portfolios effectively in dynamic environments. By bridging the gap between planning and outcomes, participants will leave with actionable knowledge that drives measurable results, all within the context of Vision 2030’s transformative agenda.

As part of Pideya Learning Academy’s commitment to excellence, this training combines robust theoretical knowledge with real-world applications. Participants will gain the confidence to champion portfolio and project management within their organizations, directly contributing to the realization of Vision 2030’s ambitious goals.

Course Objectives

After completing this Pideya Learning Academy training, participants will learn to:

Design a structured methodology for vision realization and strategy implementation.

Establish and manage a portfolio management office within the Vision Realization Office (VRO).

Select, define, and prioritize initiatives and projects that align with strategic objectives.

Deliver portfolios that achieve desired benefits while mitigating risks.

Apply principles of governance to portfolio management effectively.

Utilize project management principles across various performance domains.

Training Methodology

At Pideya Learning Academy, our training methodology is designed to create an engaging and impactful learning experience that empowers participants with the knowledge and confidence to excel in their professional roles. Our approach combines dynamic instructional techniques with interactive learning strategies to maximize knowledge retention and application.

Key elements of the training methodology include:

Engaging Multimedia Presentations: Visually rich presentations with audio-visual elements to simplify complex concepts and ensure clarity.

Interactive Group Discussions: Participants engage in thought-provoking discussions, sharing insights and perspectives to enhance understanding and collaboration.

Scenario-Based Learning: Real-world scenarios are introduced to contextualize theoretical knowledge, enabling participants to relate it to their work environment.

Collaborative Activities: Team-based exercises encourage problem-solving, critical thinking, and the exchange of innovative ideas.

Expert Facilitation: Experienced trainers provide in-depth explanations, guiding participants through intricate topics with clarity and precision.

Reflective Learning: Participants are encouraged to reflect on key takeaways and explore ways to incorporate newly acquired knowledge into their professional practices.

Structured Learning Pathway: The course follows a “Discover-Reflect-Implement” structure, ensuring a systematic progression through topics while reinforcing key concepts at every stage.

This dynamic methodology fosters a stimulating environment that keeps participants engaged, encourages active participation, and ensures that the concepts are firmly understood and can be effectively utilized in their professional endeavors. With a focus on fostering a deeper connection between learning and application, Pideya Learning Academy empowers participants to unlock their potential and drive impactful outcomes in their roles.

Organizational Benefits

Organizations that sponsor this training will gain the following advantages:

Enhanced alignment of projects and initiatives with organizational strategies.

Improved governance and risk management in portfolio and project execution.

Increased project success rates, delivering greater return on investment.

Empowered leaders equipped to drive Vision 2030 initiatives successfully.

Access to proven frameworks and tools for portfolio management excellence.

Personal Benefits

Participants will personally benefit by:

Acquiring advanced skills in portfolio and project management.

Enhancing their ability to align projects with strategic objectives.

Gaining insights into the latest standards and best practices in the field.

Boosting their leadership and decision-making capabilities.

Expanding their professional network by connecting with peers and experts.

Who Should Attend?

This training is ideal for professionals involved in strategy implementation and portfolio management, including:

Senior managers responsible for strategic planning and execution.

Leaders overseeing governance and alignment of project portfolios.

Heads of Departments looking to optimize project outcomes.

Executives driving Vision 2030-related initiatives.

Experienced program and project managers aiming to refine their skills.

By attending this training, participants will gain the expertise and confidence to effectively manage portfolios and projects that contribute to the successful realization of Vision 2030.

Course Outline

Module 1: Foundational Concepts for Strategic Realization

Pre-Course Assessment and Introduction

Defining Vision, Mission, and Strategic Frameworks

Challenges in Strategy Realization and Overcoming Them

Fundamentals of Portfolio Management for Strategy Implementation

The Portfolio Management Lifecycle

Interconnection Between Strategy, Portfolio, Program, and Project Management (PPPM)

Integration of Portfolio Management with Corporate Functions

Module 2: Portfolio Structuring and Strategic Alignment

Assessing Organizational Readiness for Strategy Execution

Evaluating Portfolio Management Maturity Levels

Identifying New Initiatives and Reviewing Existing Projects for Strategic Fit

Techniques for Portfolio Selection and Categorization

Criteria for Prioritizing Portfolio Components

Strategies for Balancing and Optimizing Portfolio Mixes

Developing Portfolio Strategies and Implementation Plans

Module 3: Portfolio Monitoring and Delivery Management

Monitoring and Control Practices at the Portfolio Level

Benefits Realization Management for Vision Alignment

Financial Management and Phased Funding Cycles

Strategic and Portfolio Financial Planning Integration

Stakeholder Engagement in Portfolio Coordination

Resource Demand-Supply Cycle Optimization

Module 4: Governance Structures and Risk Management in Portfolios

Advanced Portfolio Risk Management Techniques

Differentiating Governance and Management in Portfolio Contexts

Establishing Portfolio and Project Governance Boards

Aligning Organizational and Portfolio Governance Practices

The Vision Realization Office (VRO) Structure and Role

Implementing Enterprise Portfolio Management Offices (EPMOs)

Module 5: Advanced Project Management in Portfolio Contexts

Selection of Project Delivery Models (Predictive, Adaptive, Hybrid)

Principles of Project Management Based on PMBOK® Guide, 7th Edition

Exploring Project Performance Domains from PMBOK® Guide, 7th Edition

Modern Tools and Techniques for Project Execution

Module 6: Strategic Benefits Management

Frameworks for Identifying and Tracking Strategic Benefits

Linking Benefits to Portfolio Objectives and Outcomes

Benefits Realization Metrics and Reporting Mechanisms

Case Studies in Successful Benefits Management

Module 7: Stakeholder and Change Management

Identifying and Categorizing Stakeholders at the Portfolio Level

Techniques for Stakeholder Influence and Collaboration

Change Management Processes Aligned with Portfolio Objectives

Addressing Resistance and Building Support for Strategic Initiatives

Module 8: Innovation and Continuous Improvement in Portfolio Management

Encouraging Innovation Within the Portfolio Framework

Techniques for Continuous Improvement in Portfolio Processes

Leveraging Analytics and Technology for Portfolio Optimization

Lessons Learned and Feedback Loops in Portfolio Management

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