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Project Management Principles
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Project Management Principles

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overview

Key Learning Objectives

  • Develop project plans using proven techniques
  • Identify project tasks by creating work breakdown structures
  • Use scheduling techniques to create achievable schedules
  • Employ different estimating methodologies for calculating required resources
  • Develop a project risk management plan to identify, assess and mitigate project risks
  • Communicate project status to stakeholders, team members and managers
  • Establish baselines, monitor progress and handle changes in project scope to keep on track
  • Closeout a project and capture essential lessons learnt for repeatable project success

About the Course

Project management as a discipline is recognised as one of the fastest growing professions in today’s service, product development, and industrial based industries. While it is becoming a required area of expertise for career advancement, it is rarely taught in traditional business programs or at universities.

As projects continue to grow in complexity, scope and size, a broad understanding of the concepts of project management is needed to ensure an organisation’s success in the marketplace.

This course is designed to develop the basic knowledge base of persons working as project managers and project personnel who perceive project management as their career path.

The course focuses on basic principles across the breadth of the project management body of knowledge. It covers the key concepts in managing a project from its initiation to final closeout discussing the project management processes in an organised framework The course is consistent with the knowledge areas of the Project Management Institutes’ Guide to the Project Management Body of Knowledge, 3rd Edition (known as the PMBOK® Guide). Recommended pre-reading is Harold Kerzner’s Project Management: A Systems Approach to Planning, Scheduling, and Controlling, Eighth Edition.

Participants will be able to

  • Develop project plans
  • Prepare a project charter
  • Develop project Work Breakdown Structures (WBS)
  • Employ scheduling techniques
  • Identify advantages and disadvantages of project organisational structures
  • Discuss the roles and responsibilities of project stakeholders
  • Manage project conflicts
  • Use different estimating methodologies
  • Identify, assess, and mitigate project risks
  • Develop a risk management plan
  • Establish baselines
  • Manage changes to project scope throughout the project life cycle
  • Use earned value techniques
  • Monitor progress and update the project plan using multiple techniques
  • Close a project and capture lessons learned

Testimonials

This course brought together a lot of knowledge I had but now will give me the ability to act more confidently in my role in contracts.
Contracts Specialist, Woodside

Agenda

Introduction to project management

  • Understand the difference between projects and processes
  • Identify the various types of projects and how they relate to contract administration, and how project management can improve your contract admin process
  • Introduction to administering and managing multiple contracts
  • The challenges of managing multiple contracts
  • Apply 5 winning project principles for the successful handling of multiple contracts:
    • planning
    • scope management
    • risk management
    • monitoring and control
    • administration and organisation

The project life cycle

  • Identify and define the need for a logical approach to project managing your contract administration process
  • Clarifying the objectives
  • Developing a project plan

Management & control principles

  • Use critical chain management to shorten project timelines and reduce probability
    of overruns and missed deadlines
  • Manage scope, time and costs
  • Understand the traditional triple constraints model to balance performance,
    time and cost
  • Managing vs. controlling a project
  • Develop a solid contract project management structure
  • Looking at the responsibility matrix – key success factors
  • Implementation and transition planning
  • Delving into on-going contract administration planning
  • Contract administration methodology overview and world class best practices
    in project management of contract administration

Manage the people

  • Get the right people on board
  • Recognise the key leadership and managerial skills required for success
  • Understand two-way communication
  • Effective vs. ineffective listening
  • Manage relationships and expectations for your multiple contracts
  • Recognise the key leadership and managerial skills required for success

Managing multiple contracts using project planning tools

  • Why it is necessary to plan?
  • Use the work breakdown structure to plan the administration of various contracts
  • Look at an example of work breakdown structure and understand how you can apply this to your projects
  • Using project timeline charts
  • Brainstorm how to create a single master project schedule for all your contracts

Effective time management amidst numerous projects

  • Tools to make efficient use of your limited time
  • Methods used in prioritising contracts, projects and tasks
  • Distinguish between what is urgent and important by using Steven Covey’s
    prioritisation matrix
  • Categorise and sequence your tasks
  • General tips for handling multiple contracts effectively

The art of delegation & resource sharing

  • Delegation tips and to get your people to work as a team
  • Use your existing resource pool for your contracts
  • Learning to share resources between projects

On-site & in-house training

Deliver this course how you want, where you want, when you want – and save up to 40%! 8+ employees seeking training on the same topic?

Talk to us about an on-site/in-house & customised solution.

contact

Still have a question?

Devi Nyunt
Training Consultant
+65 6992 8760
[email protected]

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