The Project Professional MBA

The Project Professional MBA

OBJECTIVES

• Management
  • Consider methods for improving management performance
  • Gain insights into the successful implementation of teams
  • Study the techniques for strategic planning
  • Develop negotiation skills
  • Analyze the Baldridge Award criteria for excellence
  • Examine the application of management best practices
• Project Management
  • Understand various Project delivery systems
  • Conduct a Cash Flow Analysis
  • Apply Advanced Scheduling techniques
  • Develop a Project Control System
  • Improve Managerial and Leadership Skills
  • Handle proactive and reactive techniques for project management

WHO SHOULD ATTEND?

• Technical professionals and engineers
• Members of Process Improvement Teams
• Administrators responsible for managing projects
• Business Planners
• In fact, any professionals interested in further their management and project management skills would benefit from this program

COURSE OUTLINE

DAY 1 – People Management

• The importance of sociotechnical management
• Techniques for effective communication
• Motivating for results
• Enhancing your coaching skills
• Empowering employees for improved performance
• Characteristics of a successful manager

Leading Teams

• Obtaining the benefits of teamwork
• Characteristics of ineffective teams
• Characteristics of effective teams
• Managing conflict in a productive manner
• Understanding team member styles
• Creating a virtual team

DAY 2 – Strategic Planning

• Analyzing the strategic planning process
• Achieving competitive advantage
• Utilizing dynamic SWOT analysis
• Focusing on vision and mission
• The importance of contingency planning

Negotiating for Results

• Gaining insight into the negotiating process
• Characteristics of an effective negotiator
• Developing negotiating strategies
• Employing persuasive negotiation techniques
• Achieving the benefits of effective negotiating
• Negotiation exercises

DAY 3- Operational Excellence

• The Malcolm Baldrige quality award-standard of excellence
• Lessons from the best performing companies
• Benchmarking your operation against the best
• Creating employee commitment
• Managing continuous improvement
• Creating the high performance organization

Foundations of Project Management

• What is a “project”?
• What is project management?
• Managing the triple constraints
• The life cycle of a project
• Who are the stakeholders?
• What are the project manager’s responsibilities?
• Project Initiation
• What is the role of senior management?
• The project charter
• Conducting a Needs Assessment
• Project selection considerations
• Benefit/cost ratio
• Present value and net present value
• Management by objectives
• Developing Requirements

DAY 4 – Project Planning

• Scope definition
• Developing the Work Breakdown Structure
• Estimating the work
• Basic rules of estimating
• Types of estimates types and levels of estimating
• Budget
• Definitive
• Top-down vs. bottom-up
• Order of magnitude
• Estimating methodologies
• Identifying costs
• Resources
• Materials
• Direct and indirect costs
• Inclusion of risk

Scheduling the work

• Network scheduling
• Validating schedules
• Precedence relationships
• Basic scheduling and network calculations
• Finding the critical path
• Imposed constraints
• The Gantt chart
• Milestones
• Making up time in the Schedule
• Procurement planning
• Communication planning
• Quality planning

DAY 5 – Risk Management Planning

• The Basic Foundations of Risk Management
• Definition and elements of risk
• Types of risk
• Threats and opportunities
• Components of risk management
• Determining risk tolerances
• Risk management Planning
• Risk identification
• Risk qualification
• Risk quantification
• Risk analysis and Prioritization
• Analyzing risks
• Evaluating profitability
• Financial tools and techniques
• Decision trees and expected-value analysis
• Prioritizing risks
• Risk response Planning
• Risk response strategies for threats
• Avoidance
• Mitigation
• Transference
• Acceptance
• Risk response strategies for opportunities
• Pursue
• Enhance
• Ignore
• Risk response control
• Executing the risk strategies
• Contingency plans and workarounds
• Reassessing risk

Project Implementation

• Project Baselines
• Establishing baselines
• Types of baselines
• The “S” curve (cumulative cost curve)
• Evaluation and Forecasting
• The process of control
• Establishing a monitoring system
• Controlling costs and schedule during the project
• Sunk costs
• Earned value
• Causes of variances
• Project audits
• Dealing With Changes to the Project Plans
• Sources of change
• Screening and evaluating changes
• Updating the project plan
• Communicating change
• Project Closeout
• Scope verification
• Customer acceptance
• Administrative closure
• Contract closeout
• Lessons learned