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Portfolio Management

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A knowledge based project management qualification (3 hour written exam) ... APMP provides the skills and techniques needed for a successful project ... – PowerPoint PPT presentation

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Title: Portfolio Management


1
APMP for PRINCE2TM Practitioners By Graham
Williams APMP and PRINCE2 Practitioner
BPUG Workshops at Project Challenge are supported
by
PRINCE2TM is a Trade Mark of the Office of
Government Commerce.
2
Content of Presentation
  • Definitions (APM, APMP, PRINCE2, PRINCE2
    Practitioner)
  • Why write the book? (Business Case)
  • Whats in the book? (Product Description)
  • Whats next? (Post-Project Review Plan)

3
Definitions
4
APM
  • Association for Project Management
  • A UK Registered Charity
  • Mission To develop and promote the professional
    disciplines of project and programme management
    for the public benefit
  • At the heart of APM is the APM Body of Knowledge
    52 knowledge areas required to manage ant
    successful project
  • Not to be confused with the APM Group

5
APMP
  • A knowledge based project management
    qualification (3 hour written exam)
  • Covers 37 knowledge areas from the APM Body of
    Knowledge
  • Assesses a candidates breadth of knowledge in
    all areas of project management, from strategic
    and commercial implications, to technical,
    organisational, and people management skills
  • For people with up to two years project
    management experience

6
PRINCE2
  • A structured method for effective project
    management
  • Recognised as a world-class international product
    that embodies many years of good practice in
    project management
  • Consists of a Process Model, 8 Components, 3
    Techniques and supporting management products
  • A Trade Mark of the Office of Government Commerce
    (OGC)
  • Published by TSO

7
PRINCE2 Practitioner
  • An exam that measures whether a candidate would
    be able to apply PRINCE2 to the running and
    managing of a project within an environment
    supporting PRINCE2 (3 hour Objective Test Exam)
  • Candidates need to show that they can apply and
    tune PRINCE2 to address the needs and problems of
    a specific project
  • Candidates need to have passed the PRINCE2
    Foundation Exam (1 hour Multi-Choice exam)

8
Why write APMP for PRINCE2 Practitioners
  • The Business Case

9
PRINCE2 or APMP?
  • PRINCE2 provides the recepie for a successful
    project
  • APMP provides the skills and techniques needed
    for a successful project
  • Would you try to create a recepie from the
    Elbulli or Fat Duck Restaurants without the
    necessary skills and techniques?
  • BOTH PRINCE2 AND APMP

10
Some Facts
  • PRINCE2
  • APMP
  • Circa.150,000 PRINCE2 Practitioners worldwide
  • Nearly 2,000 PRINCE2 Practitioner Exams taken
    each month in the UK alone
  • 16,500 members in total
  • Conclusion?
  • There have to be lots of PRINCE2 Practitioners
    trying to follow a recipe, but without the
    necessary skills and techniques

11
Options?
  • Do nothing
  • Write a study guide for the APMP
  • Write a study guide for the APMP but aimed at
    PRINCE2 Practitioners

12
Costs, Benefits, and Risks?
  • Costs
  • Authoring
  • Reviewing
  • Printing
  • Benefits
  • Better skilled project management staff
  • Improved project outcomes
  • Supports the aims of both OGC and APM
  • Risks
  • Support from APM?
  • Dominance of PRINCE2?

13
Whats in the APMP for PRINCE2 Practitioners
  • Product Description

14
Purpose
  • To provide candidates for the APMP exam with a
    single source of reference material covering all
    aspects of the APMP Syllabus, aligned to the
    PRINCE2 method
  • To enable PRICE2 Practitioners to expand their
    project management knowledge to cover all topics
    within the APMP syllabus
  • To provide a basic level study guide to enable
    candidates familiar with PRINCE2 to prepare for
    the APMP exam

15
Composition
  • Introduction
  • Project Management Context
  • Business Case
  • Organisation
  • Planning
  • Controls
  • Risk Management
  • Quality Management
  • Configuration Management
  • Change Control Issue Management
  • Stakeholder Management
  • Procurement
  • People Management
  • Exercise Solutions

16
Derivation
  • PRINCE2 (2005)
  • APMP Syllabus
  • BS6079 Project Management
  • Other APMP publications such as
  • Contract Strategy for successful project
    management,
  • GoPM
  • Starting Out in Project Management

17
Format and Presentation
18
Allocated To
  • Main Text Graham Williams
  • Exercise Solutions David Atkinson
  • Lead Reviewer Peter Simon
  • Reviewers Association for Project Management
    and a selection of BPUG members

19
Quality Criteria
  • Does the book conform to the principles of
    PRINCE2?
  • Does it explain the APMP jargon-free?
  • Does the book match completely to the APMP
    Syllabus learning objectives
  • Does the book enable PRICE2 Practitioners to
    expand their project management knowledge to
    cover all topics within the APMP syllabus?
  • Does the book provide a basic level study guide
    to enable candidates familiar with PRINCE2 to
    prepare for the APMP exam?

20
Whats Next for APMP for PRINCE2 Practitioners?
  • Post-Project Review

21
Immediate next steps
  • Launch is today
  • Potential applications
  • Existing APMP Training Companies
  • Existing PRINCE2 Training Companies
  • Private study
  • Which will lead to
  • Increased take up of APMP and APM membership
  • Better rounded Project Managers

22
Any Questions
23
Best Practice User Group aims to be the official
user group of choice for programmes, projects and
risks.Our mission To help users adopt, use,
share and shape the application of OGC PPM
Products
www.usergroup.org.uk 0845 0548038 admin_at_usergroup
.org.uk
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