“Project managers are the most creative professionals in the world; we have to figure out everything that could go wrong, before it does”
Project management professionals are increasingly required to make business decisions under pressure in complex, uncertain and highly dynamic situations. This Coventry Academy training course will look at a number of advanced concepts in Project Management and Risk Management that will enable the participants to deal with the ever-changing business environment and to apply a proven systematic approach to the project management process to facilitate effective and efficient achievement of business objectives. It will include tips, techniques and strategies to assist this process, including the establishment of a project plan, a risk management strategy and a stakeholder management strategy for a project.
What are the goals?
This Coventry Academy training course aims to enable participants to achieve the following critical objectives:
Obtain a Fundamental Understanding of Project Management Concepts
Prepare and Execute an Effective Project Plan
Identify and Analyse Project Risk
Apply Effective Strategies to Address Typical Project Issues
Who is this training course for?
This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit:
Professionals Who Make or Support Project Decisions and Would Like to Be Able to Develop and Justify Effective Solutions
Project Management Professionals and Supporting Personnel
Internal Auditors and Management Accountants
Course Outline
Day One: Introduction to Project Management and Risk Management
The nature of projects and project management
Project/program and portfolio management
Project organization, project life cycle and Stage Gate approach
Project Initiation
Scope definition and Work Breakdown Structure (WBS)
Day Two: Project Schedule and Cost Management
Defining and sequencing project activities
Schedule Development
Resource management
Estimating costs and determining budgets
The earned value management (EVM) concept
Day Three: Risk Identification and Planning
Decisions under certainty, risk and uncertainty
Risk management overview
Contemporary concepts and standards in risk management
Risk management planning process
Risk identification and assessment
Qualitative risk analysis
Day Four: Risk Response Strategies and Risk Control
Schedule-Risk and Cost-Risk Analysis
Risk Response Strategies
Risk Response Implementation
Risk monitoring and follow-up
Risk Reporting
Day Five: Project Execution, Monitoring & Closure
Managing stakeholder expectations
Managing project communications
Managing the project team
Effective project closure
Lesson learned
Post-project evaluation and Benefit Realisation
The certificate
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course