BSB80415 Graduate Diploma of Portfolio Management
Project Portfolio Management (PPM) is the centralised management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyse and collectively manage current or proposed projects based on numerous key characteristics.
The objectives of PPM are to determine the optimal delivery path to achieving an organisation’s strategic goals, while honouring the constraints imposed by resources, customers and external, ‘real-world’ factors.
To that end, the Institute of Project Management (IPM) is proud to be the first in Australia to publicly offer the government accredited BSB80415 Graduate Diploma of Portfolio Management.
Unlike the vast majority of providers, IPM is genuinely expert in the field of project, program and portfolio management, bringing to bear many thousands of hours and literally billions of dollars of project delivery experience to our postgraduate product.
Your mentors – an unlimited, on-demand resource throughout your study – are battle-hardened project professionals, each with over ten (10) years of portfolio leadership experience and an MBA (or equivalent) post-graduate degree.
As a result, our graduates are not just good at passing tests. They are job-ready project professionals armed with a proven suite of project, program and portfolio management knowledge, skills and assets.
At a glance…
What do you get in the IPM Graduate Diploma of Portfolio Management?
- Comprehensive multi-media lectures
- Unlimited, on-demand mentor support
- Streamlined assessment process
- Alternative delivery options
- Lifetime enrolment, with no hidden charges
- Microsoft Project Pro 2016 (12 month licence)
- Free portfolio management tools and templates
- Privileged University and career pathways
- the analytical skills necessary for robust intelligence gathering, data management and diagnostic problem-solving to support portfolio and strategic decision-making
- the leadership and team membership skills needed for implementing and coordinating complexprojects and programs of work, and managing change
- the expertise to integrate resources, tools and knowledge from multiple functional areas to enable innovation
- the ability to integrate portfolio knowledge and management techniques to aid planning and control in a dynamic global environment
- ethical, diverse and multicultural perspectives when making portfolio decisions
Admission to the BSB80415 Graduate Diploma of Portfolio Management program is highly competitive, and a strict selection criteria applies.
At a minimum, you will require:
- An undergraduate degree (or equivalent qualification) from a recognised University, and a minimum of (2) years professional or managerial work experience in a project environment, or
- At least six (6) years professional work experience in a project environment.
International students must evidence English competency via a minimum IELTS score of 6.0 across all bands. Students need to independently prepare for and obtain this standard.
As part of the application process, eligible candidates are invited to submit a detailed curriculum vitae, contact details for at least two (2) referees, and a 500 word personal essay that answers the question, “What are you most proud of in your professional career, and why?”
Your application will be holistically assessed on:
- Written communication – clearly and logically expressing ideas in writing using appropriate terminology and good grammatical form.
- Business management – establishing a course of action to perform complicated tasks successfully.
- Leadership – demonstrating individual leadership by taking a principal role in identifying goals, determining strategies and initiating actions and/or demonstrating team leadership by guiding groups of people to work effectively together.
- Adaptability to change – maintaining effectiveness in changing organisational situations and in different cultures.
- Influence and decision making – using appropriate interpersonal styles and methods to persuade others internal or external to the organisation of an idea, product or service and exercising appropriate judgement in reaching conclusions based on factual information and logic.
- Leadership potential – assessment is based on leadership history at school, university, in the workplace, the personal statement essay and referees’ reports. The criteria include: Strong interpersonal and communication skills; a willingness to show leadership in a team environment; a high degree of self-confidence and independence of mind; a strong sense of commitment and drive to succeed, combined with a preparedness to be flexible when required; a willingness, based on natural curiosity, to learn continually, interview.
Applicants will also need workplace access to a fully funded, on-going and complex program or portfolio of projects, and the full support of the portfolio sponsor(s).
How do I get this qualification?
The Graduate Diploma program is delivered one-on-one into your workplace over 12-18 months, using projects, programs and events as ‘cases’ – there are no classes, text-books, quizzes, tests or exams.
Instead, our expert mentors work with you to consolidate your existing knowledge (your vast and hard-earned repository of common sense) and extend this with practical, relevant and timely tricks, tips and techniques.
Our mentors are not just proven portfolio leaders; where possible, you will be paired with someone with specific experience and expertise in your industry. Over the course of your partnership, you will also develop and/or refine a suite of assets common to portfolio management.
The capstone assessment activity for this degree then mirrors the Certified Project Director (CPD) examination – you are required to identify a complex public or private program of work and conduct a comprehensive review of its performance.
It is not, however, a requirement that you are a stranger to the program.
In order to successfully complete this examination, you will need to be familiar with larger issues, such as the portfolio management frameworks, theories and best practice; more importantly, you need to have a deep understanding of the portfolio you have reviewed and the major issues encountered.
Lifetime enrolment means that once you enrol, there is no time deadline to complete your course requirements – you can submit assessment tasks anytime from 6 days, 6 years to 6 decades after your commencement.
Unlike other programs, we also do not charge any fees to re-submit an assessment task.
Students are guaranteed unlimited re-submission and unlimited feedback for all assessments.
Australian Government accredited
This ensures that our qualifications meet established industry, enterprise, educational, legislative and community needs. It also certifies that the skills and knowledge gained are nationally recognised, regardless of where the training was undertaken, and that they are recognised across businesses and in all states and territories.
Frequently asked questions
That depends on where you work…
In 2015, the median salary for a project manager in Australia was AU$139,037 per year – in the USA, it was US$108,000.
Interestingly, having even a basic certification or qualification in project management added around 20% to the value of of an individual’s salary.
The best country to work as a project manager is Switzerland (Australia is ranked #2, and the USA is #3), while the worst is Egypt. If you want to know what a project manager usually earns in your country, just ask us!
Our courses do not make you wait until a fixed date, such as the start of a semester, before allowing you to commence your course. Study can begin as soon as your enrolment is processed, usually within 24 hours!
Even if you are enrolled in a facilitated workshop, access to online study materials and your Microsoft Project licence is immediate.
At any time throughout your Qualification you may also request a Statement of Attainment, which is formal recognition of the units that you have completed. Each AQF unit that you complete is fully recognised and transferable for credit within the Australian Vocational Education system.
Our programs may also fast-track your entry into a higher level related or University level Qualification – contact us for more information.
Each activity, unit or module in your qualification is continually assessed as you progress through the course.
Your mentor will give you detailed feedback on each item. If he or she feels that you are not yet competent in an area, then you will be advised on how you can improve your work for reassessment.
There is no limit to the number of times you may reattempt an assessment task – we will stick with you until you get it right!
All email enquiries are responded to within two business days, and the turnaround for assessment feedback is usually within five days.
We also encourage you to look for answers beyond the scope of the learning material, either from within your own experience, your workplace, or on the web. This will make for a richer learning experience and a more fulfilling progression through the course.
Successful completion of the assessment tasks will demonstrate to us (and your present and future employers) that you have the ability to apply the theory you have learnt to practical workplace scenarios.
Note that although assessment tasks are made easier if you are employed in a workplace, those without this opportunity may complete the course as long as they have sufficient access to a project environment to facilitate learning and demonstrate competence.
Past experience indicates that the time you spend on study is positively correlated with your performance and results in this course.
You should allow up to 1,200 hours in order complete this qualification. This includes time spent actually delivering programs and portfolios of projects in the workplace.
You should ensure you are able to allocate the required amount of time before commencing study.
Because every learning experience is unique, at IPM we customise our offerings to uniquely match your circumstances. We take into account your current employment and experience, as well as a range of personal considerations, such as your general interests, ambitions, availability, motivation and financial situation.
For example, if you have already delivered projects or programs of work, either in paid employment or as a volunteer, the skills you’ve developed are probably very valuable. You may have done other studies that include similar subjects, here or overseas. Even some of your hobbies and interests might include relevant skills and knowledge.
To be recognised, you need to prove you are already competent in that study area. If you have just left school, don’t do part-time work or have many interests, you may not be a candidate for skills recognition. If you are an older person with a wide range of successful work and study experiences, you are probably a very strong candidate.
If your skills can be “recognised” (ie mapped to unit and course criteria), you may be able to shorten the length of time for your studies. In some cases, you may get 100 per cent recognition of your qualification, meaning you would not have to study at all.
Visit here for more information on our recognition of prior learning (RPL) policy.
As these exemptions are assessed on a case-by-case basis, and may significantly discount your overall course fee, please contact us directly to invite consideration of your circumstance.
As our qualifications are delivered and assessed in English, students who reside in a country where English is not the primary language, and others for whom English is a second language, are expected to have English language competence as a pre-requisite to enrolment.
You can demonstrate this by providing evidence that you have completed an English language proficiency exam to the Australian government’s skilled migration standard for Vocational English.
As a rule, students with English language, literacy and/or numeracy special needs should contact us prior to enrolment to confirm their suitability for the program of study.
The cost of this qualification varies depending on the pathway you follow into it and the assessment approach.
You can either pay online when you complete the enrolment form, in instalments by prior arrangement, or request an invoice (if, for example, you would like your employer to pay on your behalf).
In some circumstances, this qualification may be supported by state or federal government funding – please contact us for an up-to-date schedule of scholarships or subsidies you may be eligible for.
Our mentors and assessors are highly experienced project leaders with a minimum of ten (10) years’ practical experience, a Masters of Business Administration (or equivalent degree), and an appropriate teaching qualification.
If this is you – especially if you speak a second language – we would love to hear from you!
Students who successfullly complete the IPM Graduate Diploma of Portfolio Management are guaranteed academic credit at a number of Australian and international Universities.
Please contact us to learn more.