Technical Project Management
Technical Project Management
OBJECTIVES
An appropriate knowledge of the concepts and techniques of project planning and control. The key objective of this course is to provide you with such knowledge and to enable you to master the techniques for project scheduling, estimating, budgeting, monitoring and controlling.
WHO SHOULD ATTEND?
This course is intended for individuals who want to hone their project management skills. So whatever background you have (i.e. engineering, information technology or business), this course will cover both fundamental principles and modern tools of project management.
COURSE OUTLINE
Overview of Project Management
- Projects in contemporary organizations
- The nature and context of project management
- Benefits of project management
- Possible sources of variance
- Project selection and evaluation techniques
- Benefit/cost analysis
- Break-even analysis
- The project control cycle
Project Planning
- Fundamentals of project planning
- Network analysis techniques
- Critical Path Scheduling
- Program Evaluation and Review Technique
- Resource allocation
- Resource leveling
- Compressing schedules
- Monitoring and control using networks
Budgetary and Cost Control
- Cost Fundamentals
- Cost estimation: approximate and detailed estimates
- Direct and indirect costs
- Time-cost trade off
- Budgeting
- Cash flow analysis
- The concept of variance
- Earned value management
Risk Management in Projects
- Risk vs. uncertainty
- Risk terminology
- Objective and subjective risk assessment
- Risk analysis and management
- Basic techniques for handling risk
- Decision-making and Expected Monetary Value
- Personal attitudes towards risk
Managing Project Staff, Information and Quality
- Team life-cycle
- Staff allocation and optimization
- Principles of quality management
- Data, information, and knowledge management
- Lean project management: concept and applications
Tendering Procedures Homework Stage
- Identify Requirements
- Set SoW and Specs
- Planning and Pricing
- Sourcing and Appraisal
- Expression of Interest
- Bidders’ Selection
Tender Evaluation Principles
- Evaluation Process
- Technical Analysis
- Commercial Analysis