Advanced Skills in Project Management
Course Code:
ML201
Course Outline
Components of an Organisational Project Management Framework
- Strategy
- Portfolio
- Programs and projects
- Operations
- Business impact analysis
- Value performance analysis
Factors Influencing Project Management
- Strategy communication
- Goals
- Leadership
- Business processes
- Human capabilities
- Culture and performance systems
- Business and information systems
- Team structure
Critical Steps in Project Management
- Initiation
- Planning
- Execution
- Monitoring and control
- Closure
Step 1 – Project Management – Initiation
- Existing plan review
- Stakeholder analysis
- Key deliverable identification
- Project charter preparation
- Benefit analysis for strategic alignment
Step 2 – Project Management – Planning
- Requirement analysis
- Risk assessment
- Management plan development
- Scope
- Cost
- Communications
- Procurement
- Quality
- Change
- Risk
- Stakeholder
- Human resource
- Project schedule development
Step 3 – Project Management – Execution
- Project resource acquisition and management
- Task execution management
- Quality management implementation
- Corrective action implementation
- Change and risk management
- Information flow management
- Stakeholder relationship
Step 4 – Project Management – Monitoring and Control
- Project performance measurement
- Project change management
- Project delivery quality management
- Risk assessment and monitoring
- Issue log review and correction action definition
- Learning capture and analysis
- Procurement activity monitoring
Step 5 – Project Management – Closure
- Deliverable acceptance achievement
- Ownership transfer
- Financial, legal and administrative closure
- Comprehensive project review
- Project document and material archiving
- Feedback collection
Differential Aspects Between Project and Program Management
- Tactical vs. strategic
- Objective alignment
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