The Advanced Skills for Project Managers


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Course overview

The program also aims at assisting participants in assessing the usefulness of their tasks by using capital budgeting techniques. Ultimately, the course will certainly cover how to successfully prepare project stakeholders' interactions and handle their assumptions.

Course Purposes of The Advanced Abilities for Task Managers

  • Plan jobs making use of the statement of job and also Work Break down Structure (WBS).

  • Arrange tasks activities and develop the task network version.

  • Compute job budgets and schedule variations making use of Gained Worth (EV) strategies.

  • Select the best tasks utilizing resource budgeting methods.

  • Relate to project stakeholders via better negotiation and interaction abilities.

Day 1
Planning projects

  • Project management definitions

  • Projects versus operations

  • Managing project constraints

  • Applications of project management

  • Potential benefits of project management

  • Definition of the 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┬ámanagement

  • 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

  • Types of stakeholders

  • Stakeholder power and interest grid

  • Planning stakeholder management

  • Managing stakeholder engagement

  • Controlling stakeholder engagement

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