ICAgile® Certified Professional: Lean Portfolio Management (ICP-LPM) [EN]

Lean portfolio management is revolutionizing how you manage your portfolios. Effective implementation of LPM is no longer optional – it is essential to remain competitive. Learn how to implement strategic alignment, optimised value creation, improved decision-making and the necessary techniques.

Start your journey to business agility with our Lean Portfolio Management training. Learn the paradigm shifts necessary to enable organisational agility in an innovative business environment. This practical training is aimed at professionals from various fields, including HR, finance, portfolio, programme and project managers, as well as decision-makers at every level.

Content

• Understanding LPM: Learn the core principles and practices of Lean Portfolio Management.
• Strategic alignment: Discover how to link strategic initiatives with implementation to improve value creation.
• Business agility: Develop the mindset and paradigm shifts necessary for organisational agility.
• Cross-domain relevance: Tailored for professionals in HR, finance, management and other areas.
• Interactive Learning: Engage in hands-on activities and an in-depth case study that traces the implementation of Lean Portfolio Management from inception to completion. Gain a comprehensive toolkit to effectively initiate and manage LPM implementation within your organization.

Goals

• The What and Why of Lean Portfolio Management
  • Understand the principles and benefits of LPM for business agility.
  • Differentiate between Lean Portfolio Management and traditional Project Portfolio Management.
  • Learn the importance of shifting from project-based to product-based organizational structures.
  • Recognize the historical trends and evolving business practices that influence LPM adoption.
  • Enabling LPM
• Align Execution to Strategy
  • Grasp the key elements of adaptive strategy linked to impacts and outcomes.
  • Understand how LPM supports the adoption of adaptive strategies.
  • Learn how different organizational drivers influence the approach to adopting LPM.
• Funding and Budgeting
  • Understand the concept of incremental funding and its advantages.
  • Learn the differences between funding, budgeting, and various funding approaches.
  • Implement decision-making guardrails for effective prioritization and resource allocation.
• Governing and Measuring LPM
  • Establish clear guidelines for initiative approval and portfolio entry/exit.
  • Learn methods to visualize and manage risks, conflicts, and variances.
  • Explore various metrics to measure portfolio health, performance, and impact.
  • Structuring for LPM
• Organization Design for LPM
  • Understand the interplay between organizational design and portfolio management.
  • Learn the shift from project-based to product-based organizational structures.
  • Explore the roles and interdependencies within an organization for successful LPM adoption.
• Portfolio Types
  • Use Portfolio Kanban for visualizing and managing work flow.
  • Recognize different portfolio types suitable for various organizational contexts.
  • Identify and avoid common anti-patterns in LPM adoption.
• Executing LPM
  • Enabling Cross-Team Visibility
  • Implement cross-team collaboration events for visibility and coordination.
  • Utilize physical or virtual spaces to enhance transparency and alignment.
  • Manage time as a crucial dimension in portfolio management.
• Capacity and Demand
  • Align multiple input streams to improve value delivery.
  • Approach capacity planning to balance demand and prioritize work effectively.
  • Continuous Planning & Delivering
  • Develop continuous planning and delivery mechanisms to sustain business agility.

Pre-requisites

Certificate ICAgile Fundamentals (ICP)

Duration

Onsite (Vienna): 2,5 days

Live-online: 5 half-days

Target Group 

• Program and Portfolio Managers
• Value Stream Owners / Managers
• Operational Executives
• HR Professionals
• Finance Leaders
• Any professional seeking to enhance their organization's agility and value delivery.

Certification

ICP-LPM, Certified Professional: Lean Portfolio Management. The certification fee is included in the course costs.

This course is conducted by our strategic partner Nagarro.