Advanced
Management of Portfolios (MoP™) Practitioner
A two-day follow-up to the MoPTM Foundation course. This course examines the MoPTM methodology in greater depth and provides corporate portfolio managers with the tools to better coordinate and plan their investment in Programmes and Projects.
MoPTM (Management of Portfolios) is the Portfolio Management standard available from OGC which enables you to:
· Run the right projects and programmes, delivering a measurable contribution to strategic objectives
· Remove redundant and duplicate projects and programmes
· Realize benefits that align with corporate strategy
· Report effectively to improve transparency, accountability and corporate governance
Portfolio Management (PfM) plays a critical role in organizational survival and growth by better co-ordination and investment in Programmes and Projects, improving risk management, encouraging collaborative working and providing timely, accurate information to enhance management decision making.
By the end of this course, participants will be fully prepared for the official MoPTM Practitioner exam which is held on the final day of training. Attendees must have completed the 3-day MoPTM Foundation course in order to take the Practitioner. Most participants take the two courses together.
On completion of this course, participants will achieve a detailed and practical understanding of the MoPTM principles. The MoPTM course is based on 5 flexible Principles which provide the foundation for a successful Portfolio Management (PfM) practice. The course is structured as follows:
What is PfM?
-
Background & Definitions
-
Portfolio Management Models
-
Benefits of PfM
-
Some misconceptions
Strategic and Organizational context
-
PfM vs. Business As Usual
-
PfM and strategic & business planning
-
PfM and budgeting and resource allocation
-
PfM and Programme and Project Management
-
PfM and performance management
-
PfM and Corporate Governance
-
PfM and corporate functions
Principles of PfM
- Senior Management commitment
- Governance alignment
- Strategy alignment
- Portfolio Office
- Energized change structure
PfM Cycles
-
Implementing & Sustaining PfM
-
Using organizational energy
-
Portfolio Definition & delivery cycles
Portfolio definition cycle
-
Understand
-
Categorize
-
Prioritize
-
Balance
-
Plan
Portfolio delivery cycle
-
Management control
-
Benefits management
-
Financial management
-
Risk management
-
Stakeholder engagement
-
Organizational governance
-
Resource management
Portfolio Analysis Techniques
- Driver based contribution assessment
- Three point estimating
- Multi-criteria analysis
- Decision conferencing
- Staged release of funding
- Financial analysis of the Portfolio
MoPTM Practitioner Exam Preparation
- Sample Practitioner Exam Paper
- Exam tips and techniques
2 Days | 14 PDUs
SOMOS' experience has shown that the optimal class size is between 14 and 20 students. This enables proper interaction between the participants and the instructor.
- MoPTM manual: "Management of Portfolios"
- Pre-Course Readings
- Course slides & Exercises
- Project Managers
- Project Executives
- Programme Managers
- Portfolio Managers
Successful completion of the MoPTM Foundation Course.
In association with Advantage Learning Ltd., this course is offered publicly to individuals and in-house to groups of 8 to 20.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x303.
Refer to course code 2MP01 - Management of Portfolios (MoPTM) Practitioner.
*Management of Portfolios® is a trademark of the UK Cabinet Office.
Portfolio, Programme & Project Offices (P3O®)
P3O® is the formalisation of guidance from the Office of Government Commerce (OGC) about how Support Offices can use Programme and Project Management to deliver business change. The P3O model is process-based and demonstrates how effective support can help organisations deliver their strategy and ensure effective governance by bridging the gap between objectives and projects, programmes and portfolios.
The SOMOS P3O® (Portfolio, Programme and Project Offices) training is in two parts: a three-day Foundation course for those new to the P3O® methodology and a two-day advanced Practitioner component for those who wish to become accredited practitioners.
The P3O® Practitioner course is a two-day follow-on to the P3O® Foundation course. It is for individuals wishing to gain formal qualifications and who are newly-appointed to leading Portfolio, Programme or Project office roles. This qualification is designed for those responsible for setting up, managing or improving a P3O. The course fully prepares participants for the official P3O® Practitioner exam on the final day of the course.
Attendees must have successfully completed the three-day P3O® Foundation course in order to take the Practitioner course. Most participants take the two courses together.
SOMOS’ experience has shown that the optimal class size is between 14 and 20 students. This enables proper interaction between the participants and the instructor.
- P3O® manual: "Portfolio, Programme, and Project Offices"
- Pre-Course Readings
- Course slides & Exercises
- Project Managers
- Project Executives
- Programme Managers
- Portfolio Managers
A knowledge of other OGC standards (PRINCE2®) is useful, but not essential. Pre-course reading of the P3O manual is required in preparation for the start of instruction.
If you would like more information on this or other project management training at SOMOS, please click here or call 613.592.5050 x303 or 877.766.6776 x303.
Refer to courses P3O® Foundation and Practitioner - Ottawa.
P3O® is a registered trademark of the UK Government Cabinet Office.
Management of Portfolios (MoP™) Foundation
The SOMOS MoPTM course begins at the Foundation level, delivered over three days, concluding with a multiple choice exam. The course is ideally suited to someone who will be involved in Portoflio Management or who is planning to move to this corporate level in the near future.
MoPTM (Management of Portfolios) is the Portfolio Management standard available from OGC which enables you to:
· Run the right projects and programmes, delivering a measurable contribution to strategic objectives
· Remove redundant and duplicate projects and programmes
· Realize benefits that align with corporate strategy
· Report effectively to improve transparency, accountability and corporate governance
Portfolio Management (PfM) plays a critical role in organizational survival and growth by better co-ordination and investment in Programmes and Projects, improving risk management, encouraging collaborative working and providing timely, accurate information to enhance management decision making.
On completion of this course, participants will achieve a detailed and practical understanding of the MoPTM principles. The MoPTM course is based on 5 flexible Principles which provide the foundation for a successful Portfolio Management (PfM) practice. The course is structured as follows:
What is PfM?
-
Background & Definitions
-
Portfolio Management Models
-
Benefits of PfM
-
Some misconceptions
Strategic and Organizational context
-
PfM vs. Business As Usual
-
PfM and strategic & business planning
-
PfM and budgeting and resource allocation
-
PfM and Programme and Project Management
-
PfM and performance management
-
PfM and Corporate Governance
-
PfM and corporate functions
Principles of PfM
- Senior Management commitment
- Governance alignment
- Strategy alignment
- Portfolio Office
- Energized change culture
PfM Cycles
-
Implementing & Sustaining PfM
-
Using organizational energy
-
Portfolio Definition cycle
-
Portfolio Delivery cycle
Portfolio definition cycle
-
Understand
-
Categorize
-
Prioritize
-
Balance
-
Plan
Portfolio delivery cycle
-
Management control
-
Benefits management
-
Financial management
-
Risk management
-
Stakeholder engagement
-
Organizational governance
-
Resource management
3 days | 21 PDUs
SOMOS’ experience has shown that the optimal class size is between 14 and 20 students. This enables proper interaction between the participants and the instructor.
- MoPTM manual: "Management of Portfolios"
- Pre-Course Readings
- Course slides & Exercises
- Project Managers
- Project Executives
- Programme Managers
- Portfolio Managers
A knowledge of other OGC standards (PRINCE2®) is useful, but not essential. Pre-course reading of the MoPTM manual is required in preparation for the start of instruction.
In association with Advantage Learning Ltd., this course is offered publicly to individuals and in-house to groups of 8 to 20.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x303.
Refer to course code 3MP01 - Management of Portfolios (MoPTM) Foundation
*Management of Portfolios™" is a trademark of the UK Cabinet Office.
Managing Successful Programmes (MSP®) Practitioner
A one-day follow-up to the Managing Successful Programmes (MSP®) Foundation course. It examines the MSP® methodology in greater depth and provides Project and Program Managers with the tools to effectively lead programmes of all sizes and types.
Managing Successful Programmes (MSP®) is a widely used international standard for Programme Management that navigates you through all the essentials for running a successful programme. It builds on the definitions and structure of PM knowledge and defines a series of processes, components, and techniques that can be applied managing any size or subject of programme. Learn how to run a portfolio of interlinked projects to make the tactical and operational changes required to transform an entire organization.
It provides project managers with a practical road map from conception to close for all types of projects and a framework to deliver projects that benefit stakeholders, the business, and the bottom line.
The Managing Successful Programmes (MSP®) Practitioner course is a 1-day follow-up course to the MSP® Foundation course. It examines the MSP® methodology in greater depth in order to effectively lead programmes of all sizes and types. By the end of the course, participants will be fully prepared for the official Practitioner exam, which is held in the final stage of the course. Attendees must have successfully completed the 4-day MSP® Foundation course in order to take the Practitioner course. Most participants take the two courses together.
On completion of this course, participants will achieve a detailed and practical understanding of the MSP® programme management method. Participants will learn how to use MSP® for programmes of all sizes and types, avoiding unnecessary overheads and gaining maximum benefit.
Participants will learn the MSP® programme management framework including:
Nine Programme Governance Themes:
- Vision
- Blueprint
- Organisation
- Benefits Management
- Stakeholder Engagement
- Risk Management and Issue Resolution
- Programme Planning and Control
- Business Case Management
- Quality Management
The MSP® Transformational Flow:
- Identifying a Programme
- Defining a Programme
- Managing the Trenches
- Delivering the Capability
- Realising Benefits
- Closing a Programme
Attendees will receive:
- MSP® Practitioner Certificate
1 days | 7 PDUs
Limited to 14 students
- Accredited MSP® course materials designed to help students understand the MSP® method in depth
- MSP® manual: "Managing Successful Programmes®"
- Project Managers
- Project Executives
- Programme Managers
- Programme Support Staff
- Anyone who needs to operate confidently in a multi-project transformational environment
Successful completion of the MSP® Foundation course or equivalent
In association with Advantage Learning Ltd., this course is offered publicly to individuals and in-house to groups of 8 to 14.
Attendees on this course are eligible to receive an additional 7 PDUs towards their PMI certification or renewal if completed together with the MSP® Foundation course.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x303.
Refer to course code 2MSP02 - Managing Successful Programmes(MSP®) Practitioner
*Managing Successful Programmes® is a trademark of the UK Office of Government Commerce.
Managing Successful Programmes (MSP®) Foundation
A four-day course for Senior Project Managers that want to manage an entire portfolio, or programme of projects. This course provides a practical road map from conception to close for all types of high-level programmes and a framework to deliver transformational project portfolios that benefit stakeholders, the business, and the bottom line.
Managing Successful Programmes (MSP®) is a widely used international standard for Programme Management that navigates you through all the essentials for running a successful programme. It builds on the definitions and structure of PM knowledge and defines a series of processes, components, and techniques that can be applied managing any size or subject of programme. Learn how to run a portfolio of interlinked projects to make the tactical and operational changes required to transform an entire organization.
It provides project managers with a practical road map from conception to close for all types of projects and a framework to deliver projects that benefit stakeholders, the business, and the bottom line.
The Managing Successful Programmes (MSP®) Foundation course is a 4-day course that provides participants with a general understanding of the key components and processes of MSP® in order to manage groups of projects in the scope of a larger programme. It is a necessary building block for the Managing Successful Programmes (MSP®) Practitioner course and the two courses are typically taken together.
On completion of this course, participants will achieve a detailed and practical understanding of the MSP® programme management method. Participants will learn how to use MSP® for programmes of all sizes and types, avoiding unnecessary overheads and gaining maximum benefit.
Participants will learn the MSP® programme management framework including:
Nine Programme Governance Themes:
- Vision
- Blueprint
- Organisation
- Benefits Management
- Stakeholder Engagement
- Risk Management and Issue Resolution
- Programme Planning and Control
- Business Case Management
- Quality Management
The MSP® Transformational Flow:
- Identifying a Programme
- Defining a Programme
- Managing the Trenches
- Delivering the Capability
- Realising Benefits
- Closing a Programme
Attendees will receive:
- MSP® Foundation Certificate
4 days | 28 PDUs
Limited to 14 students
- Accredited MSP® course materials designed to help students understand the MSP® method in depth
- MSP® manual: "Managing Successful Programmes®"
- Project Managers
- Project Executives
- Programme Managers
- Programme Support Staff
- Anyone who needs to operate confidently in a multi-project transformational environment
- Experience of Project Management is useful
- Knowledge of the PRINCE2® framework is highly recommended
- Participants will be required to complete the pre-course reading provided
In association with Advantage Learning Ltd., this course is offered publicly to individuals and in-house to groups of 8 to 14.
Attendees on this course are eligible to receive 28 PDUs towards their PMI certification or renewal.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x303.
Refer to course code 4MSP03 - Managing Successful Programmes (MSP®) Foundation
*Managing Successful Programmes® is a trademark of the UK Office of Government Commerce.
Tools For Project Risk Management
This two-day course covers the basics of risk management and the application of the general concepts in a project environment. It also addresses different risk management methodologies, tools, and techniques, including their strengths and weaknesses. PLUS, all participants receive a copy of Deltek Risk+ for MicroSoft Project.
Benefit from the strategic partnership between SOMOS Consulting Group and Deltek, the leading vendor of Project Management tools. For a limited time, customers attending SOMOS' Risk Management training will receive a licence to the best-in-class Risk Management software - Risk+™.
This two-day course provides an in-depth examination of the management of risk in projects. Different risk management methodologies and techniques are presented, including both Qualitative and Quantitative processes. Attendees receive hands-on practice with WelcomHome™ (Qualitative Risk Management) and Risk+™ (Quantitative Risk Analysis), and will take home a licensed copy of Risk+ at the end of the course.
The course uses a combination of lectures, exercises, case studies, and hands-on practice with software tools.
Achieving objectives in the presence of uncertainty is a requirement of most projects. In projects involving research, new technology, aggressive deadlines, or changing staff, the uncertainty is greater and the stakes are often higher.
After completing the Tools for Managing Project Risk course, participants will be familiar with basic risk management theory, concepts, and principles. They will learn some techniques for identifying and analyzing risk along with standard techniques for managing risk. Participants will learn about the PMBOK® framework for Risk Management and the SEI framework for Continuous Risk Management.
The course also prepares participants to write the Project Risk Management component of the Project Management Professional (PMP®) examination. Current PMP's earn 14 PDUs for attending.
2 Days | 14 PDUs
-
Course Introduction
-
Introduction to Project Risk Management
-
Intro to Risk
-
Principles of Project Risk Management
-
Continuous Risk Management
-
-
Risk Management Planning
-
Risk Management Planning Process
-
Stakeholder Analysis
-
Risk Tolerance
-
Risk Management Plan
-
-
Risk Identification
-
Risk Identification Process
-
Types of Project Risk
-
Project Risk Identification Techniques
-
Project Risk Data Collection
-
-
Qualitative Risk Analysis
-
Qualitative Risk Analysis Process
-
Characterizing Risk
-
Ranking Risks
-
Assessing Quality of Information
-
Assumptions Analysis
-
-
Quantitative Risk Analysis
-
Quantitative Risk Analysis Process
-
Decision Trees
-
Expected Monetary Value
-
Statistical Sums
-
Monte Carlo Simulation
-
-
Deltek Risk+™
-
Risk Response Planning
-
Risk Response Planning Process
-
Risk Transfer
-
Probability Reduction
-
Impact Reduction - Proactive
-
Impact Reduction - Contingent Response
-
Risk Response Planning Summary
-
-
Risk Monitoring & Control
-
Risk Monitor and Control Process
-
Project Risk Monitoring
-
Project Risk Control
-
Risk Tracking Examples
-
-
-
Course Conclusion
- Licensed copy of Deltek Risk+ ™
- Course notes
- Exercise booklet
Project managers with experience in scheduling and planning or those called upon to perform project risk management.
Project scheduling experience or an introductory project management course is recommended.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 Ext 229.
Refer to course code 2TRM01 - Tools For Project Risk Management.Project Sponsorship and Governance for Executives
A one-day course that provides senior managers with the essentials required to lead and support projects.
The new SOMOS course - Project Sponsorship and Governance for Executives - has been developed specifically for the busy executive with responsibility for working with Projects and Project Managers.
In one day, senior managers are given the essentials that they need in order to lead and support their projects. Attendees will learn the key roles of the sponsor and the essential behaviours and actions they must perform to enable project success, without the exhaustive details of project management process and scheduling.
Using a mix of lecture and case studies, to draw upon the experience of the attendees, Project Management for Executives and Sponsors is an efficient time investment if you are an executive with sponsorship, portfolio management, or other project responsibilities.
- Provide senior managers with the essentials required to lead and support projects
- Present the big picture of projects and their environment
- Clarify project management and governance
- Profile the role of the sponsor and other key stakeholders
- Explain program management and portfolio management
- Emphasize the essential behaviours and actions of sponsors and executives to enable project success
1 day | 7 PDUs
- Introduction
- Projects in Organizations
- Governance in Projects
- Project Management and the PM's Tools
- Project Direction and Tools
- The Project Management Office
- Project Success
- Conclusions and Review
Class size is limited to 16 participants
Course manual
- Executives involved with projects
- Project Sponsors
- Functional Managers with Project responsibilities
- Executives involved in Portfolio Management and funding approval
Experience at the executive level
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x303.
Refer to course code 1PME01 - Project Sponsorship and Governance for Executives.
PRINCE2® Practitioner Course Description
A two-day follow-up to the PRINCE2® Foundation course. It examines the PRINCE2® methodology in greater depth and provides Project and Program Managers with the tools to effectively lead projects of all sizes and types.
PRINCE2® (Projects in Controlled Environments) is a widely used international standard for Project Management that navigates you through all the essentials for running a successful project. It builds on the definitions and structure of PM knowledge and defines a series of processes, components, and techniques that can be applied managing any size or subject of project.
It provides project managers with a practical road map from conception to close for all types of projects and a framework to deliver projects that benefit stakeholders, the business, and the bottom line.
The PRINCE2® Practitioner course is a 2-day follow-on course to the PRINCE2® Foundation course. It examines the PRINCE2® methodology in greater depth and provides Project and Program Managers with the tools to effectively lead projects of all sizes and types. By the end of the course, participants will be fully prepared for the official PRINCE2® Foundation and Practitioner exams, which are held in the final stage of the course. Attendees must have successfully completed the 3-day PRINCE2® Foundation course in order to take the Practitioner course. Most participants take the two courses together.
On completion of this course, participants will achieve a detailed and practical understanding of the PRINCE2® project management method. Participants will learn how to use PRINCE2® for projects of all sizes and types, avoiding unnecessary overheads and gaining maximum benefit.
Participants will learn the PRINCE2® project management framework including:
-
7 PRINCE2® Processes
- Starting Up a Project
- Initiating a Project
- Directing a Project
- Controlling a Stage
- Managing a Stage Boundary
- Managing Product Delivery
- Closing a Project
- 7 PRINCE2® Themes
- Business Case
- Organization
- Quality
- Plans
- Risk
- Change
- Progress
- 7 PRINCE2® Principles
- Continued Business Justification
- Learn from Experience
- Defined Roles and Responsibilities
- Manage by Stages
- Mangage by Exception
- Focus on Products
- Tailor to Suit the Project Environment
Attendees will also have written the PRINCE2® Practitioner exam as part of the course. Those who are successful on the examination will receive:
- PRINCE2® Practitioner Certificate
- Registered PRINCE2® Practitioner Accreditation
2 days | 20 PDUs
The three-day Foundation Course, plus:
Day 4
- Review of Day 3
- Practitioner Exam – Tips and Technique
- Revision of Key Areas
- Practitioner Exam Questions
- Homework – Revision for Practitioner Exam
Day 5
-
Review of Day 4
-
Practitioner Exam Revision
-
PRINCE2® Practitioner Exam
-
Close
Limited to 14 students
- Accredited PRINCE2® course materials designed to help students understand the PRINCE2® method in depth
- PRINCE2® manual: "Managing Successful Projects"
- Project Managers
- Team Managers
- Anyone responsible for delivering a project using the PRINCE2® method
- Anyone interested in receiving the PRINCE2® accreditation
- Successful completion of the PRINCE2® Foundation Course.
In association with Advantage Learning Ltd., this course is offered publicly to individuals and in-house to groups of 8 to 14.
Attendees on this course are eligible to receive 20 PDUs towards their PMI certification or renewal.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x303.
Refer to course code 2PR202 - PRINCE2® Practitioner
*PRINCE2 is a trademark of the UK Office of Government Commerce.
Managing Complexity in Technology Projects
A two-day advanced course for Information Technology and Product Development project managers that routinely deal with multiple stakeholder environments, competing priorities, and constantly shifting requirements, technologies, and competition.
The SOMOS course Managing Complexity in Technology Projects is an advanced course for project managers whose projects require more than a Gantt chart and weekly team meeting to manage.
Project managers leading Information Technology and Product Development projects are expected to overcome extreme technical challenges in an environment of multiple stakeholders, competing priorities, and constantly shifting requirements, technologies, and competition. Of course, the basic demands for "First Class Results, On-Time, On Budget" still hold.
The SOMOS course Managing Complexity in Technology Projects gives attendees the tools to deal with those challenges.
This course begins by looking at the environment that is encountered in Product Development and Information Technology projects. We examine the nature of complexity, arising from issues of technology, organization, personality, legislation, competition, and dynamics. Some of the common models for describing and managing complexity are surveyed and compared. We then present several powerful tools that project managers can use to manage the complexity that they encounter.
This course is built on proven principles from Systems Engineering and Project Leadership, as well as the latest thinking in Agile Software Development and Management Science.
This course uses a combination of lecture presentation, case study, discussion, and group work. It is intended for experienced project managers. Attendees will take away a set of practical tools to analyze the nature of their project's complexity, to reduce that complexity, and to successfully deal with the different elements of complexity.
2 days | 14 PDUs
SOMOS experience has shown the optimal class size to be between 14 and 20 students. This enables proper interaction between the participants and the instructor.
Experienced project managers
This course is offered to groups of 15 or more.
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x229.
Refer to course code 2MCTP00- Managing Complexity in Technology Projects
Managing Project Quality
A two-day in-depth course that examines the management of quality in projects using best practices brought together from a variety of industries.
Quality is defined as meeting the customer's requirements. Project quality management is the process of managing the project activities and resources so that the customer's requirements and expectations are managed and met throughout the project execution as well as by the final product.
The SOMOS Managing Project Quality course was developed by examining the best project management practices of companies in a variety of industries. These best practices were analyzed and brought together to present a course that is applicable in both certified (ISO 9000) and non-certified environments. This course begins with an overview of quality management tools, techniques, and programs and moves quickly into the application of these concepts in the project environment. The unique characteristics and special challenges of projects are examined.
Through a combination of lectures, exercises, and case studies, this course provides an in-depth examination of the management of quality in projects.
After completing the Managing Project Quality course, participants will be familiar with basic quality management theory, concepts, and principles. They will be able to apply quality management techniques in a project environment. The course also prepares participants to write the Project Quality Management component of the Project Management Professional (PMP®) examination of the Project Management Institute (PMI®). Attendees earn 14 Professional Development Units (PDUs) for their PMP® Certification.
2 days | 14 PDUs
-
Course Introduction
-
Introduction to Project Quality Management
-
Quality Standards
-
Project Quality Management Process
-
Project Stakeholder Analysis
-
Project Quality Planning
-
Project Quality Management Tools and Techniques
-
Project Quality Implementation and Operations
SOMOS experience has shown the optimal class size to be between 14 and 20 students. This enables proper interaction between the participants and the instructor.
- Course notes
- Exercise booklet
-
New and experienced project managers
-
Senior technical personnel
This course is intended for presentation in all corporate environments, including those that are ISO 9000 certified as well as those that are not.
This course is offered to groups of 15 or more .
If you would like to discuss your organization's management development needs with a SOMOS account executive, please click here or call 613-592-5050 x229.
Refer to course code 2QUA01 - Managing Project Quality.


