PROJECT MANAGEMENT I

Training Objective:

A very detailed study of what project management is and what are the various methodologies that is accepted in the Market to manage a Project. The Learning Objectives are given hereunder

• To understand the concept, characteristics and elements of Projects
• To understand the stages in Project Life Cycle
• To know the classification of Projects on various bases
• To appreciate the importance of Project Management
• To understand the importance of an integrated approach in Project Management
• To understand the concept of a Project Portfolio Management System
• To appreciate the need for Project Portfolio Management System
• To understand the design of the Project Portfolio Management System
• To understand the various Project Management structures
• To know the considerations in choosing the appropriate Project Management Structure
• To know about Project Management Office as a modern business practice
• To understand the steps in defining a project
• To understand the process of creating a work breakdown structure
• To know the pitfalls in creating WBS
• To understand the role of Project Rollup and Responsibility Matrices (RMs).
• To understand the external causes of project overruns
• To understand the internal constraints of project overruns
• To know about Opportunity Studies
• To know about Pre-Feasibility Studies
• To know about Functional or Support Studies
• To understand the components of Techno-Economic –Feasibility Studies
• To know about Detailed Project Report
• To know the various investment phases from project planning to project completion
• To understand the various stages in Project Life Cycle
• To learn about project constraints

• Course Content

 The entire course is divided into 5 lessons and the following topics have been discussed

• Project Management – An Introduction – Concept of a Project – The Characteristics of a Project – The Basic Elements of a Project – Stages in Project Life Cycle – How do you classify Projects – Project Management – Importance of Project Management – An integrated approach to Project Management -Need for Project Portfolio Management System – Design for Project Portfolio Management System

• Project Portfolio Management System & Structure – Details about Project Portfolio Management – What are Project Management Structures – Choosing appropriate Project Management Structure – Steps in Defining the Project – Outline of Project Breakdown Structure –Outline of Project Roll Up

• Process Breakdown Structure – Role of Project Roll up in Identifying Project Cost & Schedule Problems – Responsibility Matrix – Description of Responsibility Matrix – Description of Responsibility Matrix – What is RACI – Developing a Responsibility Matrix – Project Overruns & External Causes of Delay – Internal Constraints

• Project Feasibility Studies – Discussion in Opportunity Studies – To know about Functional or Support Studies – Components of Project Feasibility Studies – To understand the components of Techno-Economic Feasibility Studies

• Pre – Investment Phases – To know the various investment phases from Project Planning to Completion – To understand the various stages in Project Life Cycle – To learn about Project Constraints

Target Audience

• Business Professionals, Project Managers, Project Leaders, Junior Management, Middle Management, Engineering/HR/Any Functional Management
• Students – Management, Engineering, General
• Anyone who wants to know more about Project Management and how to effectively manage Projects

Pedagogy:

• PowerPoint Presentation – Audio & Video
• Real-life Case Studies with Examples
• Language of Delivery: English
• Duration of Course: 14 hours