Become a master in the Project Management world. This hands-on, case-study/exercise based program will demonstrate specific proven techniques and approaches that will enable you to create, structure and unequivocally communicate project management information for use in the decision making process. This program is unlike anything you have ever experienced before. It is a hard-core, value-added, take-it-to-the-bank learning opportunity.

Define work scope, structure deliverables, define precedence relationships, accomplish quantitative progress assessment and make uncanny predictions for the future of your project efforts. You will be able to stop talking about project management and become a moving force in realizing a substantial ROI on your project management training. The content is spectacular, the delivery is refreshing and fun, AND the learning opportunities are unlimited!

A Guide to the Project Management Body of Knowledge (PMBOK^® Guide) areas covered: Integration Management, Scope Management, Time Management, Cost Management, Human Resources Management, Communication Management, and Risk Management.

Who should attend?

Any individual actively involved in the process of project management. Not just the project manager, but any of the professionals who contribute to creating and communicating decision support information.

What will my seminar experience cover?

Introduction & Review of the Current Project Management Environment

Project Selection/Retention Techniques

- Portfolio Considerations
- Benefit Cost Ratio
- Economic Value Added
- Present Value/Net Present Value
- Pay Back Period/Break Even Point
- Market Positioning/Image
- Regulatory

Project Definition Methodology

- Scope Decomposition
- Work Breakdown Structure/Work Packages
- Task/Activity Lists
- Prototyping

Project Estimating (Triple Constraint)

- Methodologies
- Accounting for Uncertainty (PERT)
- Determining Confidence (SD)
- Effort vs. Duration
- Impact of Productivity & Availability
- Creating a Realistic PMB

Project Status Determination

- Triple Constraint Integration
- Passage of Time
- Subjective % Complete
- Plan to Actual Cost Comparison
- Milestone Completion
- Earned Value Management System

Variance Analysis & Forecasting

- Considering the Effects of History
- Creating Performances Indices
- Application of the Rule of Three
- Isolating the Root Cause

Predicting the Future Condition

Identifying Potential Actions

How will I benefit?

Develop and enhance the contributions you make to your organization by being able to:

- Understand the relationship between projects and business portfolios

- Use techniques to communicate project impacts to business partners

- Use approaches to achieve realistic Scope decomposition/definition

-Estimate and create a realistic, useful and comprehensive PMB

- Understand the challenges of a multi-project, shared-resource environment

- Determine actual project status/progress against the PMB

- Make uncanny and accurate predictions for the project’s future condition

- Determine cause-and-effect relationships throughout the project life cycle.

 What instructional materials will be used?

Lectures, group discussions and team exercises.