Course Description

INTRODUCTION

It is widely recognized that the field of Project Management is vital to the success of businesses especially during times of uncertainty and operational disruption. As projects become more complex and more organizations move to management by projects, there is an increasing demand for competent project managers. Surprisingly, many projects go wrong, and the question is: why do they go wrong? Most of the answer has little to do with project size or degree of complexity but a lot to do with competent project planning and control. The cause of project failures can often be traced back to poor project definition, planning, or control.

Objectives

Attendees of this Technical Project Management training course will fully understand:

Project Economic Evaluation and Cash Flow

Project Estimating and budgeting

Project planning and scheduling using networks

Elements of Successful Control Systems and Cost Management

Techniques for Project Control and Earned Value Management

Project Reporting

The benefit of this course

Development of a skilled workforce which is capable of planning and managing projects

Systematic and efficient management of Projects

The increasing success rate of projects meeting quality, time, and budgetary goals

More efficient utilization of company resources

Ability to plan a project balancing competing objectives

Proactive identification of risk sources and minimization of their impact

Understanding the relationship between cost & time

Course Outline

DAY 1

The Fundamentals of Technical Project Management

Project Delivery Systems

Project Life-Cycles and Stage-Gates

Project Feasibility Analysis

Project Sanctioning and Approval

Project Complexity Factors

DAY 2

Project Strategizing and Planning

Developing Effective Project Management Strategies

Understanding the Project Macro-Environment

Controlling the Project Triple Constraint

Identifying Project Success Factors

Key Financial Concepts

DAY 3

Scope Development and Stakeholder Management

Identifying and Managing Project Stakeholders

The Project Management Sequence

Developing the Project Scope

Identifying Project Roles & Responsibilities

Creating Effective Work & Cost Breakdown Structures

DAY 4

Managing Project Uncertainties

Project Estimating Techniques

Why Projects Fail

Planning for Risk Management

The Importance of Risk Attitude

Risk Identification Techniques

DAY 5

Resource Management and Leadership

Project Resource Planning

The Importance of Effective Meeting Management

Unique Project Manager & Leadership Skills

Developing Effective Project Teams

The Team Development Cycle