COLLEGE OF BUSINESS MBA PROGRAM DELAWARE STATE UNIVERSITY COURSE SYLLABUS Fall 1 2008 I. Course Course Name: Program and Portfolio Management Course Number: MBA Thursday 6:00 M – 9:30 PM, Wilmington II. Instructor III. Office Hours Tuesday, Wednesday, and Thursday: 2:00 – 4:00 p.m. And by appointment IV. Required Text Text: PMI’s The Standard for Program Management Introduced to help program managers achieve organizational goals, The Standard for Program Management aims to provide a detailed understanding of program management and promote efficient and effective communication and coordination among various groups. It was developed for a variety of practitioners including program managers who would like to improve their skills, project managers who would like to understand more about the role of program managers and portfolio managers who want to learn about the interface between program and project managers. The standard provides guidance and shares best practices for managing multiple programs and places program management in the context of portfolio and project management. The Standard for Portfolio Management The Standard for Portfolio Management was designed to provide a guide to those processes generally recognized as good practices in portfolio management and focuses on portfolio management as it relates to the disciplines of program and project management. Published in 2006, the standard is an expansion on A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Third Edition and the Organizational Project Management Maturity Model (OPM3®). Prerequisites: MBA605 Organizational Leadership and Behavior Advanced Project Portfolio Management and the PMO Gerald I. Kendall, PMP and Steve C. Rollins, PMP Detailed Description: Covers the strategy, tactics, and processes needed for successful project portfolio management. It discusses how the PMO can effectively influence project teams and their team members to consistently seek out delivery acceleration opportunities and/or delivery threats relative to their work, and the overall mission of the project team. It also provides a detailed plan for both strategic planning and a PMO, reviews the most popular EPM tools and provides a way to evaluate PMO implementation using a PMO Maturity Model. This book illustrates how Six Sigma and the PMO can support each other and be used to drive bottom-line value. This book includes real PMO case studies detailing techniques that have helped businesses grow and kept them at the top in their industry; presents the new Theory of Constraints 4x4 method of strategic planning, and the Critical Chain Multi-Project Management approach. ISBN10: 1932159029 ISBN13: 9781932159028 PMI Product ID: 00100030701 Recommended Web Sites: www.PMI.ORG V. Course Description Project Risk Management (MBA000) is concentration course in Project Management for graduating MBA students. This is an exciting, challenging course that focuses on how Project and program risks are managed in real life and based on the Standards for PMI (Project Management Institutes’ PMBOK methodology. All organizations execute multiple projects at any given time. The success of the organization largely depends on its resource allocation to its portfolio and successful execution of its programs. This course will help students to develop skills in Program Management and Portfolio management. This course will enable the students to understand the concepts and prepare them for a real life project management. Two -Four person teams will be formed early in the course. Each team of students will give a 50-minute interactive oral presentation on the project they have chosen. The team will need to answer questions from the class during and after the presentation. A written report will need to accompany this presentation, and your team may want to use handouts, posters, PowerPoint, and/or overheads. Professor will complete a formal evaluation of the presenting team; a copy of the evaluation form is attached to this syllabus. Prerequisites for the course include all core courses including, knowledge of Excel, Word, Power point, and the ability to use e-mail and Blackboard. Microsoft Project experience will be a plus. VI. Course Objectives This course has the following learning objectives – 1. 2. 3. 4. 5. Understand the concept of Program and Portfolio Management. Develop strategies for program executions. Learn to develop managing portfolios and develop portfolio planning Learn resource allocation , audits and Portfolio management metrics Strategic planning of a PMO (Project Management Office) VII. Instructional Approach The instructional approach will consist of lectures, discussion, hands-on exercises, and student presentations. You are expected to participate actively in class and be able to work in small groups. VIII. Evaluation Method Item In-depth Project risk plan, written and presented Class Exams (6 Exams) Multiple choice final exam Class participation (including Blackboard) Total Weight Responsibility 35% 30% 25% 10% 100% Team Individual Individual Individual In-depth Project risk plan: Develop a in depth project risk plan, written and presented by teams of 2-4 members. The grade on the project will depend on the quality of plan, clarity of written case, and the quality of presentation. A grading rubric is presented below and will be returned with each graded case. Severe penalties will be imposed for late assignments and poor writing. Class exams: Every week there will be 3-5 questions (short answers) exam Multiple Choice Final Exam: There will be 30-50 question multiple choice exam (similar to PMI certification) will be given from the Five phases and nine knowledge areas. Class participation: This includes participation in discussion in the classroom as well as in threaded discussion on Blackboard. The emphasis is on the quality rather than on frequency. IX. Class Attendance The School of Management’s policy on attendance will be observed. Unexcused absences will result in a lower or failing grade with no possibility of makeup after the course ends. X. Selected Project Sample Projects Develop a Strategic planning of PMO for an Organization Develop a Portfolio planning for Public sector TEAM MEMBER PEER EVALUATION FORM Do not put your name at the top of this form, but do put your name in the spaces provided below. This semester you worked with three other students on preparing a comprehensive case analysis. Please rate yourself and your team members on the relative contribution made to preparing and presenting the case. Your ratings will be confidential and anonymous. Be honest on this evaluation. In rating yourself and your team members, use a one- to five-point scale, where 5 = superior, 4 = above average, 3 = average, 2 = below average, and 1 = really weak. Add the scores to obtain a total score for yourself and the other group members. Put any comments you like on the bottom or back of this page. Fold this sheet when you complete the ratings below. Thank you. Put your name and your team members’ names in the spaces provided, one name at the top of each column. Names: Ratings: On time for all group meetings: Helped keep the group cohesive: Number of useful ideas contributed: Quantity of work done: Quality of work done: + Add Total Scores Here: + + + CASE PRESENTATION EVALUATION FORM Company: Date: Presenting Team Members: Place comments after each rating. Ratings (circle the appropriate numbers). Poor Below Average Average Above Average Superior 1. Thoroughness, accuracy, and depth of Project Initiation 1 2 3 4 5 2. Thoroughness, accuracy, and depth of Planning Process 3. Thoroughness, accuracy, and depth of Execution process 4. Thoroughness, accuracy, and depth of Controlling and monitoring phases 5. Quality, quantity, feasibility, and relevance of plan 6. Thoroughness, accuracy, and depth Project closing, and Lesson learned 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 1. Organization of presentation 1 2 3 4 5 2. Professionalism of presentation 1 2 3 4 5 3. Use of visuals and color 1 2 3 4 5 4. Communication skills of team 1 2 3 4 5 5. Use of time 1 2 3 4 5 6. Handling of questions 1 2 3 4 5 CONTENT DELIVERY OVERALL EVALUATION: