Project Management Skills

Course details

Day 1: 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
 
Day 2: 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
 
Day 3: 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
 
Day 4: 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)
 
Day 5: Managing project stakeholders
· Identifying stakeholders
· Stakeholders types
· Stakeholder power and interest grid
· Planning stakeholder management
· Managing stakeholder engagement
· Controlling stakeholder engagement

Updated on 16 May, 2024