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A highly interactive training course on
Project Formulation
Training course overview
Investing in projects demands effective Project Initiation and Planning. This second module of the Project Formulation and Feasibility Studies Analysis Course builds on the outcomes of Feasibility Study Analysis, focusing on engaging stakeholders to define projects thoroughly and crafting clear, executable plans.
Aligned with PMI PMBOK® Project Management Standards, this module emphasizes essential Project Initiation and Planning Processes for achieving sustainable project outcomes. Key components include understanding Principles and Performance Domains crucial for effective project management, Stakeholder Identification, and Project Charter development. Participants will learn to create robust Project Management Plans encompassing processes for Scope, Quality, and Risk Management, as well as strategies for Schedule, Cost, Resource, Communication, Stakeholder, and Procurement Management.
This training course will feature:
- Principles and Performance Domains for effective Project Management
- Identifying Stakeholders and Creating the Project Charter
- Creating the Project Management Plan
- Planning processes for Scope, Quality, and Risk Management
- Planning processes for Schedule and Cost Management
- Planning processes for Resource, Communication, Stakeholder, and Procurement Management
What are the goals?
By the end of this training course, participants will be able to:
- Engage effectively with Project Stakeholders
- Create a Project Charter
- Create a Project Management Plan
- Carry out Project Planning Processes
- Prepare a Project for Execution
Who is this training course for?
This Coventry Academy training course will benefit anyone who might need to take part in projects including people responsible for leading, managing or delivering projects or parts of projects. It is suitable for those relatively new to the discipline as well as to more seasoned managers who may need to undertake Project Initiation and Planning following important investment decisions.
This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:
- Project Managers
- Project Planners
- Managers responsible for launching new products and services
- Senior operations managers
- People launching new business ventures
How will this training course be presented?
This Coventry Academy training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This training course focuses strongly on interactivity and practical exercises. Short presentations are combined with extensive discussions, team activities and case study exercises. Examples from the delegates own organizations are used to bring training to life and to ground it in reality.
Course Outline
Day One: Project Management and Project Initiation
- Project Management Principles
- Project Management Performance Domains
- Project Management Life Cycles
- Identifying Stakeholders
- Prioritising Stakeholders
- Developing a Project Charter
Day Two: Integration, Scope and Quality Management Planning Processes
- Developing the Project Management Plan
- Planning Scope Management
- Collecting Requirements
- Defining Scope
- Creating Work Breakdown Structures
- Planning Quality Management
Day Three: Risk Management Planning Processes
- Planning Risk Management
- Identifying Risks
- Creative Thinking Techniques
- Qualitative Risk Analysis
- Quantitative Risk Analysis
- Planning Risk Response
Day Four: Schedule and Cost Management Planning Processes
- Planning Schedule Management
- Defining and Sequencing Activities
- Estimating Activity Durations and Developing the Project Schedule
- Planning Cost Management
- Estimating Costs
- Determining the Budget
Day Five: Resource, Communication, Stakeholder and Procurement Management Planning Processes
- Planning Resource Management
- Estimating Project Resources
- Planning Communications Management
- Planning Stakeholder Engagement
- Planning Procurement Management
- Preparing the project for Execution
The certificate
- Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course
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