An Intensive 5-day Training Course
Essentials of Project Management
This highly participative MHMMD Essentials Of Project Management training course will enable you to develop project management skills and knowledge, in order...
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Course Overview
This highly participative MHMMD Essentials Of Project Management training course will enable you to develop project management skills and knowledge, in order to deliver small to large scale projects within your organisation. Learning will focus on how to apply planning processes and the proven tools used to make sure the customer and supplier chains work in harmony within the project environment. Skills and capabilities will be developed from project initiation, though execution and to closure.
The development of reliable estimates, from the concept and planning phases, are of critical importance for the decision to proceed and they provide the basis for time and cash flow projections or forecasts. Unreliable time and cost estimates will result in significant overruns later in the project lifecycle when it is too late to contain them. In addition, many projects subsequently fail to deliver the required quality as a direct consequence of poor estimating - inaccuracies result in lower quality workmanship and materials.
Participants attending the MHMMD Essentials Of Project Management training course will develop an understanding of the following:
- Project management overview
- Project lifecycle
- Stakeholder management
- Depreciation analysis
- CAPEX/OPEX analysis
- Project planning & scheduling
- Cost estimation & analysis
- Project cost management
- Resource management
- Project contract management
- Risk and change management
- Overcoming issues
- Project monitoring & control
Training Objectives
This MHMMD Essentials Of Project Management training course aims to enable participants to achieve the following objectives:
- Compose well thought out project schedules and cost plans using the knowledge and techniques in project time and cost estimating, from the conceptual stage to final detailed estimate
- Understand the different types of estimates used to progress project cost estimating
- Identify different types of contracts, and understand risk between contracting parties
- Be able to forecast and discuss probability of completion within budget with senior management
- Monitor project performance and control the project when not going to plan.
Training Methodology
The MHMMD Essentials Of Project Management training course will combine presentations with interactive practical exercises, supported by video materials, activities and case studies. Delegates will be encouraged to participate actively in relating the principles of project management to their workplace needs.
Organisational Impact
The MHMMD Essentials Of Project Management training course covers the essential skills of planning and estimating cost and time, but also allows the delegate to communicate with stakeholders confidently and to handle challenging situations. Understanding and applying a professional approach to planning is crucial towards inspiring project team members to contribute, achieve and support the project goal and objectives.
Training Outline
Day 1 - Introduction to Project Management
- What is a project? What is project management?
- The Project life cycle
- The “Hard & soft” skills of managing a project
- Managing stakeholders
- Project Initiation & Mission
- Financial appraisal
- Depreciation analysis
- CAPEX/OPEX analysis
Day 2 - Planning Time and Cost
- Project planning steps
- Scope definition & developing the requirements
- Make or buy analysis
- Defining and sequencing project activities
- Activity resources and estimating durations
- Resource Management
- Critical Path Method and scheduling the project work
- Direct & indirect project costs
- Estimating costs and determining project budget
- Quality planning
Day 3 - Procurement Management and Risk
- Procurement management & types of contract
- Risk management
- Risk identification
- Qualitative & quantitative risk analysis
- Strategies to manage risks
- Risk tracking and reporting
Day 4 - Project Monitoring & Control
- Directing and managing project execution
- Monitoring work performance
- Managing the project team
- Deliverable tracking
- Project control approach
- Earned Value Analysis (EVA)
- Integrated change control
- Issue management
- Quality assurance and quality control (QA/QCResponse planning outputs
Day 5 - Project Closure
- Lean project management
- Effective project closure
- Project closure plan
- Administrative closure
- Contract closure
- Post-project review & lessons learned
- Success celebration
ACCREDITATION
MHMMD is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
Taught by our team of highly qualified trainers, our KHDA approved training courses will provide you with an enriching learning experience and practical knowledge that will help you future-proof your career and support professional development within your organisation.
The beautiful thing about learning is nobody can take it away from you.
B.B. King
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