Project Management Planning
Course Code: PJ 26
Course Objective
- Describe how to initiate a project by defining the project goal, identifying the priorities, and establishing the organization.
- Explain how to develop a project plan by identifying the scope, task dependencies, schedule, critical path, and risks.
- Identify factors that lead to project success.
- Describe the four stages of the project-life-cycle and the role each stage has in the evolution of a project.
- Explain how to execute a project by monitoring the progress, communicating with stakeholders, and deciding how to correct and control.
- Develop an awareness of some behavioral biases in project settings and identify how these impact the planning and execution of a project.
- Develop the language and mindset for planning and managing projects by properly setting and prioritizing project goals and objectives.
- Identify the most appropriate project management methodology given the project objectives, the degrees of uncertainty, and the constraints.
Target Audience
- Managers
- Project managers, civil engineers
- Construction managers
- Contractors, sub-contractors
- Site engineers, senior management
- Government agencies
- Commercial managers
- Divisional managers
Course Outline
First day
- Project planning
- Project management definitions
- Comparison of projects and processes
- Manage project constraints
- Project management applications
- Benefits inherent in project management
- Phases of the project management cycle
- Define project requirements
- Identification of technical aspects
- Define key appointments
- Building the project's work split structure
- Problems of building a work split structure
- Guidelines for building a business segmentation structure
Second day
- Scheduling projects
- Linking the activities of the WBS
- Schedule the front and back paths of the project network
- Critical path method
- Manage grace periods
- Estimated duration of project activities
- Three-point method to estimate the activity time
- Methods of total project pressure
- Planning and settlement of project resources
Third day
- Monitoring projects
- Project organizational structures
- Manage acquired value
- Calculations of acquired value management account
- Schedule and budget performance indicators
- Calculate expectations
- Project performance reports
- Project audit
- The role of software in project management
Fourth day
- Select projects using capital budgeting techniques for the project
- Determining the cost of project capital
- Methods of calculating the feasibility of the project
- Rate of return
- Capital response
- Net present value
- Internal rate of return
Fifth day
- Dealing with strategic partners of the project
- Identify strategic partners for the project
- Types of strategic partners
- Scale of participation of strategic partners
- Managing the level of participation of strategic partners
- Communicate with strategic partners
- Negotiation with strategic partners
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