Course Methodology

This course uses individual and group exercises to train participants on all crucial project management skills. The course also relies on using several case studies and presentations by participants, followed by discussions. In addition, this course incorporates pre- and post-testing.

Course Objectives

By the end of the course, participants will be able to:

• Define project management frameworks, processes, and tools in compliance with the Project Management Institute (PMI) standards
• Apply financial and non-financial models to select the right project that aligns with overall organization strategy
• Construct project diagrams, schedules, and plans and use different techniques, including critical path and critical chain methods, to analyze project schedules and plans in-depth and develop plans and roadmaps for agile projects
• Identify different methods for cost estimating and project budgeting and perform cash flow analysis
• Employ risk management plans and apply risk response strategies to ensure the successful implementation of a project.
• Manage time and cost deviations by applying 'earned value analysis

Target Audience

Personnel who are seeking in-depth knowledge of creating and managing project plans. The course is also designed to comprehensively analyze time, cost, and risk and provide several techniques to regain control over projects. 

Target Competencies

• Project management
• Performing project scheduling
• Developing project plans
• Managing project budgets
• Developing project controls
• Risk management

Overview of Project Management

• Defining project management terminologies
• Project life cycles
• Predictive project management overview
• Agile project management overview
• Agile ceremonies

Project Selection

• Defining project success
• Aligning projects with strategy
• Project selection non-financial models
• Project selection financial models
• Ranking/prioritization analysis

Project Planning and Scheduling

• Critical Path Method
• Resource planning
• Critical chain Method
• Use of buffers
• Adaptive planning for agile projects
• Product roadmap

Project Budgeting

• Cost estimating techniques
• Cost baseline
• Project budget
• Cashflow analysis
• Cost optimization

Project Risk Management

• Project risk identification
• Project risk response planning
• Monte Carlo simulation
• Black swan

Project Control

• Earned value method
• Managing deviations
• Key performance indicators
• Dashboards and scorecards