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Strategic Project Management: Achieving Organizational Goals

Strategic Project Management: Achieving Organizational Goals

Course Objectives : 


  • Manage complex projects involving substantial budgets, strategic risks and aggressive time scales 

  • Determine key business benefits and project financial feasibility 

  • Communicate effectively with key stakeholders to ensure project success 

  • Monitor and report project progress using Earned Value Management 

  • Evaluate vendor proposals using a contracts and procurement process to match the project requirements 

  • Prepare and present project-based proposals to solve business needs

 

Who Should Attend : 


Project and program managers responsible for managing business-focused projects. Experience creating WBS,Gantt and Network charts.

 

Course Contents: 


Defining and Managing Project Complexity

  • Combining project life cycle and project process 

  • Examining the art and science of project management 

  • Implementing essential support documentation and systems 
Assessing

 

Project Viability

Selecting projects based on financial assessment

  • Payback 

  • ROI 

  • DCF 

  • NPV 

  • IRR 

  • Exploring cash flow profile implications 


 

Examining costs and benefits

  • Appraising business benefits 

  • Evaluating the project’s soft benefits 


 

Determining project feasibility

  • Identifying strategic risks in the project 

  • Analyzing project environment factors that influence success 

  • Employing checklists 


 

Managing Stakeholders and Project Communication

Adopting a stakeholder management process

  • Managing stakeholder priorities 

  • Determining stakeholder significance and impact 

  • Putting actions in place to manage the stakeholders 


 

Defining an effective communication plan

  • Identifying barriers to communication 

  • Selecting the appropriate media 

  • Implementing and using a RACI diagram 

  • Choosing a communication channel 

  • Deciding how frequently to communicate 
Developing the Project

 

Lifecycle

Methodology challenges

  • Handling rapid development cycles 

  • Mitigating increased risks 


 

The role of the Project Management Office (PMO)

  • Defining the functions of a PMO 

  • Leveraging the advantages of a PMO 


 

Managing Strategic Risks

Developing a risk management process

  • Identifying strategic risks in the project 

  • Employing checklists 


 

Analyzing strategic project risks

  • Evaluating the impact of risk on your plan 

  • Qualitative vs. quantitative techniques 

  • Managing project risk budgets 
• Prioritizing risk action plans 


 

Managing Contracts and the Procurement Process

Planning procurement strategies

  • Applying a vendor selection process 

  • Evaluating “make or buy” decisions 

  • Calculating cost of ownership 

  • Evaluating vendor proposals 


 

Soliciting external contracts

  • Deciding the type of contracts to use 

  • Negotiating contracts to manage risk 


 

Employing Earned Value Management (EVM)

Reporting project status

  • Tracking against schedule and budget 

  • Computing CV, SV, CPI and SVI measures 

  • Charting project performance 


 

Predicting likely project outcomes

  • Ensuring the EVM data is correct 

  • Avoiding common traps of EVM 

  • Interpreting EVM charts for decision making

Managing Project

ChangeImplementing change management

  • Mapping the business processes
  • Planning for soft issues in change

 

 
Designing an effective change control process

  • Identifying sources of change 

  • Setting controls and thresholds for change 

  • Crafting a change management process
  • Avoiding the “gold plating” culture

Creating Project-Based ProposalsPresenting recommendations

  • Preparing a project proposal 

  • Key strategies for delivering the proposal 

  • Closing and evaluating the project 

  • Leveraging lessons learned

Event Information

Event Date 20-03-2022
Event End Date 24-03-2022
Individual Price $2,800.00
Location cairo
Categories Project Management