Training description
Strategic Project Management: Achieving Organisational Goals LT0287E 
Target audience
- Project and programme managers responsible for managing business-focused projects.
Course objective
Requirements
- Experience creating
- WBS, Gantt and Network charts, and performing basic risk analysis at the level of Course 296, "Project
- Management: Skills for Success", or Course 340, "Project Management for Software Development", is assumed.
Course content
- Defining and managing project complexity
- Combining project lifecycle and project process
- Examining the art and science of project management
- Implementing essential support documentation and systems
- Assessing Project Viability
- Selecting projects based on financial assessment
- Payback
- ROI
- DCF
- NPV
- IRR
- Exploring cash flow profile implications
- Examining costs and benefits
- Appraising business benefits
- Evaluating the project's soft benefits
- Determining project feasibility
- Identifying strategic risks in the project
- Analysing project environment factors that influence success
- Employing checklists
- Managing Stakeholders and Project Communication
- Adopting a stakeholder management process
- Managing stakeholder priorities
- Determining stakeholder significance and impact
- Putting in place actions to manage the stakeholders
- Defining an effective communication plan
- Identifying barriers to communication
- Selecting the appropriate media
- Implementing and using a RACI diagram
- Choosing a communication channel
- Deciding how frequently to communicate
- Developing the Project Lifecycle
- Methodology challenges
- Handling rapid development cycles
- Mitigating increased risks
- The role of the Project Management Office (PMO)
- Defining the functions of a PMO
- Leveraging the advantages of a PMO
- Managing Strategic Risks
- Developing a risk management process
- Identifying strategic risks in the project
- Employing checklists
- Analysing strategic project risks
- Evaluating the impact of risk on your plan
- Qualitative vs. quantitative techniques
- Managing project risk budget
- Prioritising risk action plans
- Managing Contracts and the Procurement Process
- Planning procurement strategies
- Applying a vendor selection process
- Evaluating "make or buy" decisions
- Calculating cost of ownership
- Evaluating vendor proposals
- Soliciting external contracts
- Deciding the type of contracts to use
- Negotiating contracts to manage risk
- Employing Earned Value Management (EVM)
- Reporting project status
- Tracking against schedule and budget
- Computing CV, SV, CPI and SVI measures
- Charting project performance
- Predicting likely project outcomes
- Ensuring the EVM data is correct
- Avoiding common traps of EVM
- Interpreting EVM charts for decision making
- Managing Project Change
- Implementing change management
- Mapping the business processes
- Planning for soft issues in change
- Designing an effective change control process
- Identifying sources of change
- Setting controls and thresholds for change
- Crafting a change management process
- Avoiding the "gold plating" culture
- Creating project-based proposals
- Presenting recommendations
- Preparing a project proposal
- Key strategies for delivering the proposal
- Closing and evaluating the project
- Leveraging lessons learned
Notes
- Through an authentic case study simulation, you gain experience presenting plans and managing business
- issues in a complex project. Activities include:
- Identifying and managing stakeholders
- Analysing project feasibility
- Preparing a communication plan
- Identifying and analysing strategic risk
- Assessing suppliers against established standards
- Evaluating project progress using EVM
- Responding to project change
- Measuring and presenting results
- Presenting project proposals to stakeholders
- Tracking lessons learned for organisational improvement
Duration
4 Days
