Course Details
Your Growth, Our Mission
Course Description
Managing multiple projects that start and end at different times can be difficult. Projects often have to be prioritized and shoehorned into an annual budget with limited resources to manage the projects. An integrated approach is required to optimize the use of resources and predict resource requirements and expenditures accurately.
This one-week program will enable the delegates to manage unrelated projects that draw upon common resources and/or a variety of projects producing an integrated outcome blending common resources and dissimilar contributors.
Three principles of project integration are reviewed. They are:
• The application of consistent project management methodology
• The establishment of a 'project office'
• The use of the correct tools for effective management of projects
• An integrated approach is demonstrated using the Critical Path Method (CPM) and Earned Value Method (EVM) to accurately plan, schedule, and track progress and costs against the planned budget across multiple projects.
• Progress reporting can be tailor-made for all levels of the organization using a single source of data to ensure all are working together towards common goals.
The Training Course Will Highlight ?
Training Objective
By the end of this training course, participants should be able to:
- Determine the resource requirements for several concurrent projects
- Control the annual investment budget for several projects to prevent a large over or underrun at the end of the financial year
- Manage the inter-project relationships
Target Audience
This training course is suitable for a wide range of professionals but will greatly benefit:
This program is designed for all levels of project staff who must work in an environment where they manage multiple projects, as well as program managers and supervisors who work with managers of both related and unrelated projects, and who compete for resources within or outside the performing organization.
Training Methods
- This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas, and will include.
- Lectures
- Workshop & Work Presentation
- Case Studies and Practical Exercise
- Videos and General Discussions
Daily Agenda
Module One:
Reviewing Key Areas of Project Management Related to Multiple Projects
• Defining projects & project management, programs & program management
• The project life cycle
• The project management process groups
• The key areas of the Project Management Body Of Knowledge
• The triple constraint
• Principles of integrating projects
• Project management maturity models
• Types of multiple project management
• Project perspectives: Owner vs contractor
Selecting & Prioritizing Projects
• Aligning project objectives with corporate strategy
• Project development environments
• Project definition & strategy
• Strategic management process
• Project Portfolio Management system
• Project selection, categorization & prioritization
• Project investment appraisal techniques
• Project ranking methods
• Mutually exclusive projects
Module Two:
Integrating the Contract Management Process
• Range of contract types and risk management
• Selection of the type of contract for work to be carried out
• Integration issues
• Defining the contracts to be placed
• Bidding process
• Contract documents and contract administration
Managing Intra & Inter Project Risk
• Purpose of project risk management
• Risk Management Planning
• Risk Identification
• Risk Assessment & Quantification
• Risk Response Planning & Control
• Documentation
• Inter project risk issues
Module Three:
Implementing a Multiple Project Program
• Project governance : The project office
• Project planning and scheduling
• Transitioning from management of individual to multiple projects
• Benefits of integrating a project into a programme
• Work breakdown structure templates
• Project calendars (Project, Staff, Weather)
• Scheduling labour, equipment, materials and people
• Precedence Network Diagramming
• Critical path analysis
• Program Evaluation and Review Technique (PERT)
• Schedule control and progress tracking
• Project time acceleration techniques
Module Four:
Project Cost Estimation
• Types & classification of estimates
• Types of cost
• Estimating methods and steps
• Accuracy & contingency
• Standardized cost codes
Project Cost Management
• Using Earned Value
• Earned Value concepts, terminology and formulae
• Calculating cost & schedule variances
• Reporting
• Integration issues
Managing Change : The Change Order Process
• Elements of change control
• Scope change
• Change management process
• Change request documentation
• Change Order impact on schedule
Module Five:
Validating & Closing Out Projects
• Validation & Audits
• Lessons learned
• Project closeout
Accreditation
BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.
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