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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