NEW! The Project Management MBA Crash Course — Mastering Business Acumen: Part 1 “The Business-Savvy Project Manager" with Frank Saladis
What You Will Learn
Upon completion of this training, learners will be able to:
- Facilitate a top-down, bottom-up strategic planning session
- Explain the importance of and develop a multicriteria decision matrix
- Prepare and evaluate a project financial analysis
- Develop a comprehensive business case
Description
To compete in today’s and future business and project environments, project managers will need a greater understanding of the connection between project management, portfolio management, strategic planning and the many factors associated with leading and managing an organization. Project managers must develop their business management expertise or, more specifically, they must become business savvy in addition to their technical project management skills.
In this informative, content-intensive, case-study-driven training program, attendees will gain considerable knowledge about typical MBA program topics that will differentiate them from other project managers and position them for advancement as project professionals. During this course, attendees will participate in three progressive case studies that will help to develop practical business skills and promote the sharing of knowledge within collaborative teams. These hands-on exercises include templates and spreadsheets that require reading comprehension, team analysis and attention to detail. Personal devices (laptops or other devices) are a necessary part of the program. The competency-building and business-centric case study activities include:
- Portfolio management — project justification, selection and prioritization
- Project business case analysis
- Business case development
- Project financial analysis — project cash flow development and assessment of ROI
This training program will also address a multitude of knowledge-building topics including:
- Techniques for top-down and bottom-up strategic, organizational and tactical planning
- Organizational cost management
- Capital expenditures versus project expense
- Methodologies for process management and modeling
- Addressing and managing the “voice of the customer”
Prework
AGENDA
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- Introduction and Objectives
- Knowledge Module: Understanding Business-Savvy Project Management
- Business Atrocities
- Strategic Planning The Project Connection to Strategic, Tactical and Operations Planning and Management Total Life Cycle Management
- Strategy Mapping
- Project Portfolio Development and Management The Portfolio Management Process
- Case Study 1: Develop a Multicriteria Decision Analysis for Project Prioritizations
- Optimization and Maintenance of Project Portfolios
- Organizational Planning Organizational Structure
- Process Management
- Value Planning and Value Metrics
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- Developing a Comprehensive Project Business Cases
- Case Study Activity 2: Critical Thinking and Analysis of a Business Case
- Key Business Case Considerations
- ROI Analysis - The Major Factors of Business Finance — Key ROI Metrics — MVA, EVA, NPV, IRR, Payback Period, WACC
- Case Study Activity 3 — Perform a Financial Analysis — Spreadsheet Exercise
- Special Topics in ROI Analysis — Understanding and Working With Soft Benefits
- Product Management and Marketing
- The Voice of the Customer and the Gap Analysis Model
PDU Allocation Table
| Ways of Working | Power Skills | Business Acumen | Total | |
|---|---|---|---|---|
| CAPM® / PMI-CP™ / PMP® / PgMP® | 0 | 0 | 15 | 15.00 |
| PMI-ACP® / Agile* | 0 | 0 | 15 | 15.00 |
| PMI-SP® | 0 | 0 | 15 | 15.00 |
| PMI-RMP® | 0 | 0 | 15 | 15.00 |
| PfMP® | 0 | 0 | 15 | 15.00 |
| PMI-PBA® | 0 | 0 | 15 | 15.00 |
 |  |  |  |
Instructor(s)
Frank P. Saladis PMP, PMI Fellow
Frank P. Saladis, PMP, is the president of Blue Marble Enterprizes, Inc. He has more than 35 years of experience working in the IT, telecom installation and project management training environment at AT&T and Cisco Systems, where he was responsible for large telecommunications and IT projects with capital budgets ranging from $3 million to $450 million USD.
Mr. Saladis is now a leading consultant, instructor, motivational speaker and an author within the discipline of professional project management. He has been providing training to aspiring and experienced project managers for more than 20 years.
He is the originator of International Project Management Day and was recognized as PMI Person of the Year for 2006. In addition, Mr. Saladis was awarded the prestigious title of PMI Fellow in October 2013 and received the PMI Distinguished Contribution Award in October 2015.