Project Management Skills
Project Management Skills
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Program Objectives:
By the end of the program, participants will be able to:
- Plan, schedule, implement and control projects in a structured and professional style
- Review the financial aspects of the projects they are currently handling
- Select the right projects using capital budgeting techniques
- Engage with project stakeholders through better negotiation and communication skills
- Develop an awareness of own personal strengths and weaknesses while managing projects
- Work with the problems and constraints related to managing project
Who should attend:
All personnel who are now, or plan to become, involved in any phase of project management.
Program 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)
- WBS Decomposition Problems
- WBS Guide lines and Checklists
Scheduling Projects
- Linking Activities and WBS Sequencing
- Forward and Backward Scheduling
- Critical Path Method (CPM)
- Slack/Float 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)
- Pay Back Period (PP)
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
Project Stakeholders Management
- Identifying Stakeholders
- Stakeholders Types
- Stakeholder Power/Interest Grid
- Planning Stakeholder Management
- Managing Stakeholder Engagement
- Controlling Stakeholder Engagement
