...Guidance to help organisations understand if investments are correctly matching their strategic objectives...

LONDON – Wednesday 6th April 2011 – ILX Group plc, the global software company delivering innovative Best Practice learning solutions, today launched Management of Portfolio (MoP™) Foundation classroom course to help organisations to answer a fundamental question: ‘Are we sure this investment is right for us and how will it contribute to our strategic objectives?’ The three-day intensive classroom course will introduce key concepts of portfolio management, its benefits to an organisation, how it fits in with current business processes and how to get started.


Eddie Kilkelly Chief Operating Officer ILX Group plcDelegates studying for the Foundation level of MoP™ will understand the key Principles, Practices, Techniques, Roles and Responsibilities, Documents and Organisational context within which Portfolio Management operates. The ILX course will also provide delegates with valuable advice and examples of how to apply the Principles, Practices and Techniques to help optimise an investment in change alongside its Business As Usual (BAU) work.

Eddie Kilkelly, Chief Operating Officer at ILX Group, commented, “Investment is the key word because Portfolio Management is about investing in the right change initiatives and implementing them correctly. Management of Portfolio achieves this by ensuring that the programmes and projects undertaken are prioritised in terms of their contribution to the organisation’s strategic objectives and overall level of risk. Secondly the guidance ensures that programmes and projects are managed consistently to ensure efficient and effective delivery. And the third element ensures that the benefits are maximised to provide the greatest return from the investment. In strategic terms this means that the contributions match the efficiencies and savings from the investment of resources.”

According to the ILX Group, specific audiences that are likely to benefit from the MoP™ courses include:

•Members of Management Boards and Directors of Change;

•Senior Responsible Owners (SROs);

•Portfolio, Programme and Project managers

•Business Change and Benefits Managers; and Business Case Writers and Project Appraisers.

Kilkelly adds, “A project can be viewed as a composite of resource investments such as skilled labour, IT hardware and software, plus the opportunity cost of deferring other project work. As project resources are constrained, managers are being pressed to prioritise and derive the greatest value by allocating resources towards project work that will meet business objectives. The Management of Portfolio guidance provides an objective and non-political way of making the right decisions for the business or organisation.”

ILX’s three day course includes the Management of Portfolio Foundation examination on the final day. There are no formal prerequisites to attend this course but a broad understanding of Programme or Project Management will be beneficial to delegates. For further information and prices please contact [email protected] or call on +44 (0)1270 611600 or visit www.ilxgroup.com/mop