Numerous studies conclude that a high percentage of projects do not meet their objectives or encounter significant challenges throughout their lifecycle. This course shows participants how to identify and analyze a troubled project, and take corrective action.
During the course, participants learn how to recognize, assess and plan to recover a troubled project. They analyze the project at each stage of the project lifecycle, reviewing the charter, risk analysis, the estimating process, schedules, and the budget. They learn how to determine the state of the project, review alternatives, recommend a go-forward strategy, communicate the strategy to management, and execute the strategy.
This course shows you how to address critical issues such as:
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Recognizing the signs of a troubled project.
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Responding to a project with no charter or a poorly written charter.
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Handling a missing or incomplete risk management plan.
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Handling underperforming project team members.
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Dealing with stakeholders' concerns and expectations.
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Developing and implementing a recovery plan.
A Guide to the Project Management Body of Knowledge(PMBOK® Guide) areas covered:
Project Scope Management, Project Cost Management, Project Human Resources Management, Project Communication Management and Project Risk Management
Who should attend?
Those with previous experience as a project manager and detailed knowledge of the project management lifecycle and inclusive activities.
What will my seminar experience cover?
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Identification of troubled projects
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Troubled Project Assessment and Investigation in:
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Initiating
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Planning
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Executing & Controlling
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Closing
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Developing, Recommending and Executing Recovery Options
How will I benefit?
Develop and enhance the contributions you make to your organization by being able to:
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Recognize various signs, symptoms of troubled projects
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Identify root causes of troubled projects
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Assess troubled projects at each stage of the project management lifecycle
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Develop and recommend options for recovery of projects appropriate for each phase of the project management lifecycle
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Determine and execute methods for recovering troubled projects
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Employ follow-up and monitoring processes to ensure recovery plans are effective
What instructional materials will be used?
Lectures, group discussions and team exercises.