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What Are Portfolios, Programs and Projects & How do they fit together?

A FREE course putting Pfs, Pgs & Pjs in context with business and operations

Clarifying the muddle: Portfolio, Program, Project

The culture and character of organisations has evolved fater than the textbook held back by exam syllabi. What we read today in 'best practice' guides is a meme grown from the 'Scientific Management' movement of Fredrick Winslow Taylor and Henri Fayol. In there pioneering days engineers built stuff and that needed scheduling in a way different from routine operations. Only a fraction of their workforce was educated beyond basic arithmetic and reading and the world was sufficiently unconnected that ripples of change died-out before affecting much around them.

Step on 100+ years and much 'classic' written management guidance struggles to throw off thinking with the same trajectory as the past. But now the world is so connected that change in one place ripples everywhere, combining the influences of change from all those other everywheres. Now the workforce is universally educated and specialised. So now 'managers' are no longer the experts using command and control. Now they are ignorant of the work-force's expertise.

"Project" is a word loaded with unhelpful baggage given it by people who wrote about it with a supplier's perspective. Writing in the 80s from formative experiences gained in the 60s and 70s soon showed itself deficient. The word "Program" became adopted as a way of expressing needs not covered by project. Then portfolio extended the trend and is only slowly coming to wide understanding with a 'correct' (useful in the real world) definition.

Recent buzz such as the evolution of the agile movement recognises the old use of the terms is not well aligned to today's reality - Businesses react to change and pursue stable, beneficial operating models. In total their resource usage is a portfolio. That portfolio is split between RtO - Run the Organisation and CtO Change the Organisation. All CtO has to exist withing steps from evaluation through delivery to embedding and benefits start-up and ramp-up. A span of change activity that is best suited to the word 'program' because.... lets go see whats in the course! - Scroll down to 'Curriculum' and select the lesson.


This course is gives context relevant to all our on-demand eLearning and instructor led virtual or physical classroom training.
Please call +44 (0) 84 52 57 57 07 or eMail PfPgmPj@LogicalModel.Net

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Curriculum
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Your Instructor


Simon Harris
Simon Harris

Hi,

I'm Simon, I've been using Complex Adaptive Systems and Agile concepts in IT and non-IT settings for a decade or more, doing projects for 30+ years and teaching project management for 20-plus.

I live in Edinburgh Scotland with my wife and two adult kids

Im a member of the Outcome Delivery Network sharing new, holistic thinking on achieving project success. I run an AXELOS "Accredited Training Organisation" which means I can book you onto their PRINCE2 and PRINCE2Agile exams for @Home exams anytime - Exam Booking details



Frequently Asked Questions


When does the course start and finish?

Start is as soon as you're enrolled. End may be never, otherwise it is at th eend of the period in which you decide to end your subscription.

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Subscriptions run for one month or one year and roll-over automtically until you've had as much access as you need and stop them

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What if I am unhappy with the course?

We would never want you to be unhappy so we offer plenty of "try-before-you-buy" free access materials.

An important part of passing exam credential courses, particularly eLearning ones is that you make the personal commitment. We ask you to only buy when you've made your decision. Then know we and you are both fully focused on your success from then on.

We do not offer money back options because when you sign-up with "well I can always change my mind" as your justification there is a weakening to the resolve that is necessary for success - That is not in your best interest if you are to swiftly progress and pass exams.

Other provider's "Money back" guarantees are a way of appearing to reducing 'purchasing risk' by seemingg to to transfer the impact from you to them BUT...

They are common because they use the psychology of regret that recognises you can't get your time back AND asking for a refund implies telling your self "I made a bad choice".

Both reinforce a "I would not have chosen if i knew then what i know now BUT I'll keep going because now it will be a hassle to start again." The likely outcome is your involvement drags on you, progress is slow and may halt entirely.

So please enjoy the free-access materials and confirm we are a good fit and then make your commitment.

Ultimately if you've a genuine reason that is not simply trying to game-the-system then talk to us - we are people too, and we try to be reasonable.

Simon
p2@logicalmodel.net

P.S. maybe you'd like to do our risk management masterclass. I'm confident no-one else's project risk management has the content ours does. Others pretend risk is impact times probability of a single event single outcome chain. Niave in the extreme but common in text books.

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