ESSENTIAL PROJECT MANAGEMENT SKILLS

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Why Attend

The overall aim of this course is to provide participants with the necessary skills required to plan their projects by creating project scope statements and project work breakdown structures. Additionally, participants will be able to develop key performance indicators for monitoring and controlling their project schedule and budget. The course also aims at assisting participants in appraising the feasibility of their projects by applying capital budgeting techniques. Finally, participants will effectively plan project stakeholders’ engagement and manage their expectations.

Event Date: 21/02/2023 – 23/02/2023

Request an In-House Proposal

Download 2024 Training Calendar

More Dates

04/07/2024 – 06/07/2024	Price: $ 195.53
12/09/2024 – 14/09/2024	Price: $ 195.53

Overview
Course Outline

Course Outline

Planning projects
- Project management definitions
- Projects versus operations
- Managing project constraints
- Applications of project management
- Potential benefits of project management
- Definition of project life cycle
- Defining project requirements
  - Statement of Work (SOW)
  - Project specifications
  - Milestone schedule
  - Work Breakdown Structure
- WBS decomposition problems
- WBS guidelines and checklists
Scheduling projects
- Linking activities and WBS sequencing
- Forward and backward scheduling
- Critical Path Method (CPM)
- Slack management
- Program Evaluation and Review Technique (PERT)
- Schedule compression techniques
- Myths and realities of schedule compression
- Resource planning and leveling
Organizing and controlling projects
- Project organization and project control
- Mastering earned value management
- Schedule and budget variances
- Project forecasting
- Project management reporting
- Auditing a project
- The role of software in project management
Selecting projects using capital budgeting techniques
- Definition of capital budgeting
- Cost of capital
- Accounting Rate of Return (ARR)
- Payback Period (PP)
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
Managing project stakeholders
- Identifying stakeholders
- Stakeholders types
- Stakeholder power and interest grid
- Planning stakeholder management
- Managing stakeholder engagement
- Controlling stakeholder engagement

Duration: 3 days

Class Session : 10:00am – 4:00pm each day including Breakfast and Lunch time

Customize Your Training

This training solution and other training topics from McTimothy Associates are currently available as residential/in-house option.

Please Note

McTimothy Associates Reserves the right to postpone or cancel a course due to unforeseen circumstances beyond our control. In such cases delegate(s) will be registered for the next run of the Course.