Who can benefit?

• All personnel who are now, or plan to become, involved in any phase of project management.

Course objective

• Plan, schedule, implement and control projects in a structural and professional style.
• Review the financial aspects of the projects they are currently handling.
• Deal with all parties concerned through better negotiation and communication skills.
• Develop an awareness of own personal strengths and weaknesses while managing projects.
• Work with the problems and constraints related to managing projects.

Course outline

• Project Planning
  • What is Project Management? and Applications of Project Management
  • Why Project Management?
  • Potential Benefits of Project Management
  • History of Project Management
  • Project Problems
  • Setting Project Objectives and Elements of Project Management
  • Building Project Work Breakdown Structure (WBS)
• Network Modeling and Project Scheduling
  • WBS Sequencing
  • Understanding Project Schedules
  • Critical Path Method, ES, EF, LS, LF and Float
  • Forward and Backward Scheduling and Setting Project Milestones
  • Program Evaluation and Review Technique (PERT)
  • Crashing a Project
  • Resource Planning
  • Role of the Project Manager
• Dealing with Contractors, Consultants, Users and Team Members
  • Skills of a Project Manager
  • The Importance of Clear Communication and Negotiation Skills
  • Group Work and Team Building
• Project Organizing, Control and Reporting
  • Project Organization and Project Control
  • Earned Value
  • Schedule and Budget Variances
  • Project Management Reporting
  • Auditing a Project
  • The Role of I.T. in Project Management and Project Management Software Vendor Directory
• Capital Budgeting Techniques
  • Definition of Capital Budgeting and Cost of Capital
• Project Rate of Return
  • Accounting Rate of Return (ARR)
  • Pay Back Period
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)