Advanced Management Program
Course Code:
MN08
Course Objective:
- Building confidence to immediately take the PMP® examination upon the conclusion of the course
- Providing tips to delegates to answer difficult multiple-choice questions
- Creating a study technique and setting up a network of learners or group study
- Practising answering questions like in the real examination during the classes and outside classes
- Rationalizing answers to examination questions
- Get an overview of the Risk Management Process
- Learn to identify risks that affect project quality, time & schedule, cost and scope
- Apply useful techniques to identify, analyze, mitigate and monitor risks in the project life cycle
- Learn how to create an effective risk monitoring plan and risk management strategies
- Use a practical, six-step process to manage project risk
- Develop a risk budget based on expected monetary value (EMV)
Target Audience
This course will mainly benefit to purchasing managers, senior buyers, project managers, civil engineers, construction managers, contractors, sub-contractors, site engineers, senior management, and government agencies, architects, construction professionals, and anyone responsible for purchasing at a senior level who seeks to enhance their skills further.
Course Outline
DAY 1
MODULE 1: Framework
- PMI® certification process to become a PMP®
- Define processes, methodologies, and concepts within the 10 knowledge areas
- Define key terms
- Describe application of principles and techniques to manage projects
- Personal expectations correlated to learning objectives
MODULE 2: PMP® Preparation
- Review of PMP® Certification process
- Test-taking strategies
- Review of the 5 project management process areas and the professional responsibility domain
- Review the 10 knowledge areas
MODULE 3: Project Integration Management
- Develop Project Charter
- Develop Project Management Plan
- Direct & Manage Project Work
- Monitor & Control Project Work
- Perform Integrated Change Control
- Close Project or Phase
DAY 2
MODULE 4: Project Scope Management
- Plan Scope Management
- Collect Requirements
- Define Scope
- Create WBS
- Validate Scope
- Control Scope
MODULE 5: Project Stakeholders Management
- Identify Stakeholders
- Plan Stakeholders Management
- Manage Stakeholder Engagement
- Control Stakeholder Engagement
DAY 3
MODULE 6: Project Time Management
- Plan Schedule Management
- Define Activities
- Sequence Activities
- Estimate Activity Resources
- Estimate Activity Durations
- Develop Schedule
- Control Schedule
MODULE 7: Project Cost Management
- Plan Cost Management
- Estimate Cost
- Determine Budget
- Control Costs
DAY 4
MODULE 8: Project Quality Management
- Plan Quality
- Perform Quality Assurance
- Perform Quality Control
MODULE 9: Project Human Resource Management
- Develop Human Resource Management
- Acquire Project Team
- Develop Project Team
- Manage Project Team
MODULE 10: Project Communications Management
- Plan Communications Management
- Manage Communications
- Control Communications
DAY 5
MODULE 11: Project Risk Management
- Plan Risk Management
- Identify Risks
- Perform Qualitative Risk Analysis
- Perform Quantitative Risk Analysis
- Plan Risk Responses
- Control Risks
MODULE 12: Project Procurement Management
- Plan Procurement Management
- Conduct Procurements
- Control Procurements
- Close Procurements
MODULE II – Project Risk Management & Compliance
DAY 6
Risk Management Framework and Planning Introduction
- Key definitions
- Project Management Body Of Knowledge (PMBOK) – 6 risk management processes
- Project risk management goal
- Purpose of risk management
- Benefits of risk management
- Responsibilities in risk management
- Integrating risk management into the project management process
- Components of risk
- Types of risk
- Six steps of risk management
- Plan the approach to risk management
- Risk Identification
- Risk Assessment & Quantification
- Risk Response Plan Development
- Risk management plan execution
- Evaluating risk response results
Risk Planning (Step 1)
- Plan the approach to risk management
- Planning inputs, tools & outputs
DAY 7
Risk Identification Processes
Risk Identification (Step 2)
- Identification inputs & tools
- Identification guidelines
- Risk identification techniques
- Risk categories
- Risk identification outputs
Review of Cost & Schedule Estimating in Relation to Risk
- Cost estimating classes & types
- Cost estimating methods
- Accuracy, allowances, contingency & management reserve
- Work Breakdown Structures (WBS)
- Schedule diagramming – critical path method (CPM)
- Resource management
- Earned value method (EVM)
- Baselining
DAY 8
Risk Assessment and Quantification Processes
Risk Assessment & Quantification (Step 3)
- Risk analysis inputs
- Risk analysis guidelines
- Probability analysis
- Impact analysis
- Risk analysis approaches – qualitative & quantitative
- Risk analysis tools & techniques
- Statistical sums in risk analysis
- Program Evaluation & Revue Technique (PERT)
- Monte Carlo simulation
- Decision trees
- Project risk rating & prioritizing
- Risk analysis outputs
DAY 9
Risk Response Plan Development
Risk Response Plan Development (Step 4)
- Risk response development inputs, tools & techniques
- Risk response strategy guidelines
- Response strategies for threats
- Response planning & network diagramming
- Response analysis
- Alternative responses
- Reserves – contingency & management
- Response planning outputs
DAY 10
Risk Response Control
- Risk management plan execution (Step 5)
- Risk response control tools
- Risk response control guidelines
- Risk strategy execution
- Evaluating risk response results (Step 6)
- Risk documentation
DAY 11
Enhancing Our Personal Effectiveness
- Acting with intentionality and purpose
- Appreciating and displaying a transformational leadership style
- Matching your manager’s needs with your outcomes
- Enhancing your self-confidence and personal power
- Using personality insights to influence others better
- Managing, harnessing and exploiting the power of your emotions
DAY 12
Understanding Teams and their Functioning
- Understanding the development of teams and their changing nature
- Considering the five types of teams
- Appreciating the key team roles and your unique contribution
- Assessing the development stage of a team
- Guarding against ‘Group think’ and risk-aversion
- Recognising the 7 negative neurological triggers
DAY 13
Enhancing Team Effectiveness
- Understanding the four team leadership styles
- Optimizing communication within the team
- Adopting a highly effective meeting framework
- Role-modelling, inspiring and stimulating within the team
- Coaching and acknowledging the contribution of your colleagues
- Encouraging creativity, innovation and entrepreneurship
DAY 14
Enabling Continuous Individual and Team Learning
- Monitoring your team’s performance and morale
- Providing non-threatening and up-building feedback to each other
- Using 360 degree feedback to support personal and group L&D
- Facilitating the design of personal development plans
- Using technology to encourage collaboration and commitment
- Scheduling regular and inspiring audit meetings
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