Wanda Curlee, PfMP, PgMP, PMP, DM -- Director, Portfolio & Program, HPE
Speaker Biography Wanda Curlee Director, Portfolio & Program Management at Hewlett-Packard Enterprise PMP Certified 26 Jun 1993 (#1468) PgMP Certified 21 Jun 2007 (#471696) PfMP Certified 28 Feb 2014 (#1715581) Active PMI Volunteer MAG Education and Research Core team Requirements Management Practice Guide Core Team Program Standard 4 th edition Core Team to update PgMP Core Team to develop PfMP Item Writing member for PgMP and PfMP Panel Review member for PfMP & PgMP North Carolina Piedmont Board member
Portfolio Program Project Fit & Alignment Program Management PgMP credential Panel Review Exam
PERFORM, Vol2, Issue 2, A Balancing Act, Rohm http://balancedscorecard.org/portals/0/pdf/perform.pdf Strategic Alignment Mission Vision Strategy Objectives Measures Targets How do your projects align with strategy? Components (Portfolio/Programs/Projects)
A program is a focused effort that drives part of a portfolio. A portfolio should be a true measure of an organization s intent, direction, and progress. Pulse of the Profession In-depth Report: Portfolio Management, Project Management Institute, 2014
Strategic Tactical
Project Management Program Management Portfolio Management Contributions to Organizational Goals Achieves specific deliverable within project constraints Harmonizes cost, schedule, and performance objectives of projects to realize intended benefits. Aligns programs/projects with organizational strategy, balancing conflicting demands for resources. Portfolio Management Professional (PfMP) Credential FAQs, Project Management Institute, 2013
Traditional focus: Benefits realization & delivery Program / Project Manager roles Future focus: Strategic alignment Portfolio Manager role Portfolio Building High-Performance Project Talent: A White Paper, Project Management Institute, 2013
Certified Associate in Project Management (CAPM) Scheduling Profession (PMI-SP) Risk Management Professional (PMI-RMP) Project Management Professional (PMP) Program Management Professional (PgMP) Portfolio Management Professional (PfMP) PMI Agile Certified Practitioner (PMI-ACP) PMI Professional Business Analyst (PBA)
PMP PgMP PfMP Responsible for leading and directing project tasks. Manages a group of projects that are directed toward a common organization objective. Oversees a strategic objective through the selection/monitoring of programs and projects. Responsible for overall project success. Works to ensure ultimate success of the program. Works to maximize success of a strategic objective. Manages projects to stay within specified scope, budget and timeline. Demonstrates sufficient knowledge and experience to make decisions that advance strategic objectives. Demonstrates strategic knowledge to manage a portfolio s financial and resource integrity. Responsible for individual projects. Defines and initiates projects and assigns project managers to manage them. Drives the portfolio ensuring the correct projects and programs are selected. Execution Execution Decision Making / Facilitation 658,525 --- 31 years 1,409 --- 8 years 261 --- 2 years No credential is better than the other each focus on another set of skills
Source: PMI Pulse of the Profession 2014 The High Cost of Low Performance
Responsible and accountable for the coordinated management of multiple, related projects directed toward strategic business and organizational objectives Assign project managers to manage cost, schedule and performance of component projects, while working to ensure the ultimate success and acceptance of the program Maintain continuous alignment of program scope with strategic business objectives Make recommendations to modify the program to enhance effectiveness toward the business result or strategic intent Share resources among projects to the overall benefit of the program Possess knowledge and skills needed to be effective in the project, business and/or government environments; make decisions that accomplish strategic objectives Advanced skills in finance, cross-cultural awareness, leadership, communication, influence, negotiation and conflict resolution.
Programs are large projects Good project managers make good program managers Programs succeed if component projects succeed Strong technical team make programs succeed I manage 5-6 projects, therefore I am a program manager As projects end, they get removed from my program Programs are organized for the project manager
The PgMP certification recognizes demonstrated experience, skill and performance in the oversight of multiple, related projects that are aligned with organizational objectives.
Those who: Manage programs that contain complex activities that span functions, organizations, geographic regions and cultures. Build credibility, establish rapport and maintain communication with stakeholders at multiple levels, including those external to the organization. Possess advanced skills in finance, cross-cultural awareness, leadership, communication, influence, negotiation and conflict resolution.
Educational Background High school diploma, associate's degree, or global equivalent Bachelor's degree, global equivalent or higher degree Project Management Experience 4 years/6,000 hours of project management experience within the last 8 years OR 4 years/ 6,000 hours of project management experience within the last 8 years Program Management Experience Project experience (left) PLUS at least 7 years (10,500) hours of program management experience within the last 15 years Project experience (left) PLUS at least 4 years (6,000) hours of program management experience within the last 15 years
Be Eligible experience Other Credentials not a requirement * must have project experience too Application Submit online/audit/pass Validate experience https://certification.pmi.org/ Pay $$ Credentialing pass: Panel Review Exam
Evaluation 1: Panel Review Evaluation 2: Examination 4 hour, 170-question, multiple-choice exam PMI Member: US$800 Non-Member: US$1000
5 domains : 5 questions Select from A or B option 1. Strategic Program Management 2. Program Life Cycle 3. Benefits Management 4. Stakeholder Management 5. Governance Answer limitation (demonstrates executive briefing skills) 500 words Narrative Evaluation based on Panel Review team: Panel Review members PgMP Formalized Rater Guidance Panel Review Goal Determine if candidate is functioning at the level of a portfolio manager based on their five experience summary responses not the best at it
#1: Strategic Program Management (select A or B) A. Developed program justification and business case in alignment with the organization s strategic plan A. Monitored the business environment, program goals, and benefits realization plan in order to ensure the program remains aligned with the organization s strategic objectives
Q#2: Benefits Realization (A or B) A. Defined and monitored benefits realization measurement criteria B. Identified opportunities that resulted in optimized program benefits
Q#3: Governance (select A or B) A. Established and adapted the program governance model B. Identified and evaluated risks and their impact on the program objectives throughout the program
Q#4: Program Life Cycle (select A or B) A. Managed and optimized the use of resources (human, materials, equipment, facilities, finance, etc.) across component projects B. Managed and resolved program-level issues and issues escalated from component project(s)
Q#5: Stakeholder Management (select A or B) A. Identified and analyzed program stakeholders B. Developed clear expectations and program acceptance criteria with program stakeholders
Domain % of Items on Test Strategic Program Management (11 tasks) 15% Program Life Cycle (35 tasks) 5 sub-domains 44% Benefits Management (8 tasks) 11% Stakeholder Management (7 tasks) 16% Governance (11 tasks) 14% Total 100% 4 Hours 170 questions (150 scored) across five (5) performance domains identified in RDS http://www.pmi.org/certification/project-management-professional- PgMP/~/media/PDF/Certifications/PgMP_Examination_Content_Outline_2011_sec.ashx
For Practitioners Demonstrates and validates advanced skill and competence in the practice of program management Distinguishes oneself from peers Holds a certification that is globally recognized and applicable across all industries and regions For Organizations Provides a mechanism to evaluate individuals and provide input to hiring process Helps advance program management maturity Complements employee professional development through the PMI Continuing Certification Requirements (CCR) program Courtesy of PMI
PfMPs = 261 PgMPs =1,409 PMPs = 658,525
Which credential is correct for you? http://www.pmi.org/~/media/pdf/certifications/pmi-certifications-brochure- 2014.ashx PgMP http://www.pmi.org/certification/program-management-professional-pgmp.aspx Handbook Exam Content Outline Exam Guidance Reference List ereads and Reference Books and Multimedia Find a course with a Registered Education Provider