Foundational Courses (18 credits)
MPPP 600: Program Management Lifecycle (3 credits)*
Prerequisite: PMP certification or MPPM 520: Project Management Fundamentals
(See How to Apply for further information about prerequisite requirements.)
This course introduces students to program management and its lifecycle. Learning objectives for this course include an in-depth examination of the program lifecycle and identification of success factors at each step in the process. Students learn how to describe the relationship between program requirements and overall success criteria, including recognition of the benefits of maintaining continuous alignment of program scope with strategic objectives by realizing the stated program benefits. Through the use of real-world scenarios and case studies, students examine various program management tools and techniques and ensure the quality of deliverables and their impact on program-level management. This includes the ability to distinguish between program risks and project risks and maintain communication with internal and external stakeholders at multiple levels. The coursework aligns with the Project Management Institute’s Standard for Program Management.
*Any student with a PgMP in good standing may have the Program Management Lifecycle course waived. Students who have this course waived will complete the balance of the 30 required credits through elective coursework, selecting from courses offered in the MPS in Project Management degree program or other Georgetown University programs, with permission from their academic advisor and the department offering the course.
MPPP 650: Program Evaluation for Improved Decision-Making (3 credits)
Prerequisite or Co-requisite: MPPP 600: Program Management Lifecycle
This course examines key decision-making elements for evaluation of complex projects and programs. Learning objectives for this course include providing students with the tools to analyze and take action to resolve program problems and concerns; critique strengths and weaknesses of evaluations conducted by others; select data sources and data collection and analysis techniques to be used for a program evaluation; and evaluate program risk and develop plans or take action to mitigate the identified risks. Students learn about and utilize qualitative and quantitative tools in order to determine how portfolio managers would make a decision using a trade-off analysis and cost-benefit analysis for complex projects and program decision-making.
MPPP 700: Global Portfolio Management (3 credits)**
Prerequisite: MPPP 600: Program Management Lifecycle
This course provides an introduction to global portfolio management. Students examine proven approaches for ensuring that an organization is investing in the right projects and programs, providing the right resources, and completing those projects and programs at the right time. Additionally, students learn how to utilize a strategic framework, encompassing clearly identified and agreed upon success metrics to align projects and programs with business strategies. This includes benefits identification and realization by effectively managing resources and delivering the strategic intent through effective risk management and investment optimization. Class discussions and exercises illustrate that the depth, quality, and flexibility of a strategy provide competitive advantage. Students learn how to use frameworks for benefits and value identification, assessment, validation, and realization through theory and technique discussions and applied exercises, which incorporate real-world industry examples. Resource optimization is taught through group discussion and exercises designed to provide insight and methodology to optimize time, money, and work hours available to run portfolio components in order to obtain the maximum benefits and value in return. Students learn and apply tools and techniques through industry standard software applications. Discussion and exercises include selecting projects through formalized portfolio management processes and facilitating the successful execution of projects and programs.
**Students with a PfMP in good standing may have the Global Portfolio Management course waived. Students who have this course waived will complete the balance of the 30 required credits through elective coursework, selecting from courses offered in the MPS in Project Management degree program or other Georgetown University programs, with permission from their academic advisor and the department offering the course.
MPPP 750: Governance & Financial Management (3 credits)
Prerequisite: MPPP 700: Global Portfolio Management
This course builds upon students’ understanding of corporate finance and investment analysis, as practiced by leading managers. By viewing programs and projects as investments, students are able to maximize the return on those investments and identify what they can do to improve a portfolio’s financial performance. Students utilize tools and techniques for tracking and mitigating the broad range of portfolio risks and uncertainty inherent in the management of complex projects and programs. The course examines industry standard project portfolio management tools designed to assist PMOs with governance and financial management decisions to optimize their portfolio.
MPPP 800: Strategic Leadership (3 credits)
Prerequisite: MPPP 700: Global Portfolio Management
This course teaches students the leadership traits required to execute strategy. Students learn about the crucial role that leadership plays in achieving better organizational performance and how best to use that role through innovative techniques for making astute decisions, translating strategy, assessing risk, managing change, and applying a personal framework to increase leadership effectiveness.
MPPP 850: Converting Strategic Plans to Tactical Execution (3 Credits)
Prerequisite or Co-requisite: MPPP 800: Strategic Leadership
This course explores methods for gaining a strategic perspective. A large percentage of the portfolio manager’s role is to understand the strategic intent and deliver that intent in a tactical format via project and program delivery. This course demonstrates what it takes to improve organizational alignment and deliver on strategic objectives. Students learn the framework for strategic execution, which incorporates a full range of proven approaches and emerging concepts for aligning project and program initiatives with strategic objectives. Learning objectives for this course include creating an aligned way of thinking and behaving to support full strategy execution to bridge the gap between strategic plans and individual daily work. Students learn how to apply a process view to strategy execution; communicate priorities and change in a simple and compelling way; create and align smaller, achievable projects and initiatives; engage and prepare individuals and teams to accomplish strategic goals; apply best practices and frameworks to address execution challenges; ensure discipline in measuring performance and managing accountabilities; identify and reduce organizational barriers to strategic execution; formulate approaches for improving alignment between the organization and the PMO’s culture, structure, strategy, and metrics; recognize, communicate, and influence project, program, and portfolio decisions and deliverables; build a stronger project-based organization that consistently delivers high-performance results; and improve their ability to impact results beyond the project level.