2016 Archived Content

October 31-November 1, 2016
Black Chess


The Project Portfolio Management Certification Master Class will be held October 31-November 1, 2016 at the Loews Philadelphia Hotel in Philadelphia, PA. The course is being led by Dr. Richard Bayney, President & Founder of Project & Portfolio Value Creation.

The Master Class will be held in conjunction with the 14th Annual Strategic Resource Management and 11th Annual Portfolio Management conferences, taking place November 2 - 4, creating a five-day event covering the topics most important to you (see Conference At A Glance).

Register   ...Want to Register by Phone? Contact our Registration department at 781-972-5400.  


2016 Certification Course Flyer Download


  • This class begins with well-founded economic and portfolio theory, and quickly moves to practical training in portfolio value maximization using Excel add-in optimization software.
  • Economic principles learned in the master class can be used during preparations and analysis for portfolio reviews and executive decision-making right away.
  • Unlike other courses that focus on value creation and project prioritization, this master class utilizes a comprehensive approach to value maximization using cutting edge portfolio methodologies within a holistic portfolio management framework – CREOPMTM.
  • Learn how to shape the strategic and financial goals of your company by using compelling and actionable portfolio analysis to influence corporate decision-makers.


  • The CREOPMTM framework, a proven, step-by-step approach to positioning R&D portfolios for short-, medium-, and long-term success.
  • Categorize project and program investments into non-discretionary and discretionary buckets.
  • Analyze Risk and assess overall probability of success.
  • Evaluate assets using four critical drivers – benefit, risk, cost, time.
  • Optimize portfolios to make the best use of constrained budgetary and human resources.
  • Prioritize projects using quantitative and qualitative decision criteria.
  • Manage risk, resources and stakeholders and improve decision-making under conditions of risk and uncertainty.


Pharmaceutical and biotech industry professionals involved in:

  • Research
  • Clinical Development
  • Project, Program & Portfolio Management
  • Resource Management
  • Marketing
  • Licensing & Business Development
  • Finance


Day 1 is an intensive day of training from 12:30 pm - 5:30 pm. Day 2 continues the training in the morning from 8:30 am until our shared luncheon, at which point the training and interactive exercises are completed. In the second portion of Day 2 after lunch Master Class participants then take a 30-minute multiple choice examination followed by a 90-minute portfolio optimization and project prioritization examination. The papers are then graded and PPVC issues certification in Project Portfolio Management to the successful participants.


12:30 pm Registration
1:00 Session 1: Overview, Goals, Survey Results
2:00 Session 2: Decision-making under Risk and Uncertainty
3:00 Coffee Break
3:15 Session 3: CREOPM
4:30 Session 4: Portfolio Management Capability Maturity Models
5:30 pm End of Day One

8:30 am Session 5: Portfolio Optimization (I)
10:00 Coffee Break
10:15 Session 6: Project Prioritization
11:30 Session 7: Portfolio Optimization (II)
12:30 Lunch
1:30 Session 8: Certification Examination (I) Multiple choice test
2:00 Session 9: Certification Examination (II) Case study
3:45 Session 10: Review of Portfolio Management Certification Examination
4:15 pm End of Master Class

The 14th Annual Strategic Resource Management and 11th Annual Portfolio Management conferences continue Wed-Fri after the Master Class, creating a five-day event covering the topics most important to you (see Conference At A Glance).


Richard BayneyDr. Richard Bayney is President & Founder of Project & Portfolio Value Creation, a consulting boutique providing training and education in project, program, portfolio, resource, and risk management as well as client services in strategic, business, and portfolio planning. He is an adjunct faculty member at the University of Pennsylvania. Dr. Bayney is a 23-year veteran of the Pharmaceutical & Biotechnology industry at Merck & Co., Bayer Corp. and AG, Bristol-Myers Squibb, and Johnson & Johnson Pharmaceutical Research & Development. He obtained his M.Sc. and Ph.D. from University of London, MBA from Columbia University, and PMP from the Project Management Institute. In his last corporate position, Dr. Bayney was Head of Decision Analysis & Portfolio Management at Johnson & Johnson Pharmaceutical Research & Development.

Register   ...Want to Register by Phone? Contact our Registration department at 781-972-5400.  

2016 Certification Course Flyer Download

Group Discounts and NIH/Government Discounts Available! Special rates are available for multiple attendees from the same organization and for NIH/Government employees. For more information on group and government discounts contact David Cunningham at 781-972-5472

Training Seminar delegates will receive one complimentary e-book of Enterprise Project Portfolio Management by Richard M. Bayney, Ph.D.

Complimentary with Registration

Each attendee will receive a complimentary e-book of ‘Enterprise Project Portfolio Management: Building Competencies For R&D And IT Investment Success’, the definitive guide to Project Portfolio Management written by Dr. Richard Bayney and Ram Chakravarti (J. Ross publishers, 2012).


Submit a Speaker Proposal

For more details on the conference, please contact:

Bridget Kotelly
Senior Conference Producer
Cambridge Healthtech Institute
Phone: (+1) 781-972-5404

Program and Portfolio Management