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May 21, 2008 8:30 AM - Dec 31, 2050 12:00 AM

Introduction to Portfolio Management and Performance Metrics

Overview

This highly interactive course will teach participants how to identify and consider the implications of managing performance metrics in their companies. It will provide case studies, simulation exercises, shared experiences, and lessons learned from others who have worked with performance metrics in their organizations. Tools and reference lists will be provided.
Course Level: Beginner

What you will learn

  • How to develop viable portfolio and pharmaceutical value processes
  • How to develop and use performance metrics for pharmaceutical development projects and for portfolios of development projects
  • Why performance metrics are needed and their value at the project and portfolio levels
  • How performance metrics contribute to improved business processes
  • Metrics available for measuring project and portfolio performance
  • Steps and challenges involved in the various stages of conducting and managing metrics
  • How project-level goal-setting integrates into the portfolio metrics process to enable good decision making

Who should attend?

  • Project managers
  • New portfolio managers and performance managers
  • Project team leaders
  • Project support office managers and staff
  • Operational leads

Learning objectives

Participants who complete this training should be able to:

  • Define how corporate strategy is delivered through the portfolio of new and lifecycle drug projects; and correlate corporate strategy to portfolio and project strategies
  • Discuss in general terms some performance metrics that might be valuable to measure for either projects or a portfolio of projects
  • Explain the importance of managing the process of conducting metrics, communicating and implementing recommendations resulting from metrics information
  • Support portfolio, strategy, and metrics/measurement processes effectively with sufficient knowledge to contribute to ongoing process improvement initiatives for these three processes

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