Project Performance Measurement and Management

At the end of this training course, you will learn to:

• Appreciate the need to apply Value-driven Project Management
• Create Key Performance Indicators & establish additional metrics to measure the increasingly complex nature of modern projects
• Compose effective dashboards and scorecards to report project performance
• Initiate projects effectively by incorporating success criteria to charters
• Apply generally accepted project management techniques to establish an integrated project plan baseline
• Measure, forecast, present status and control project performance by employing earned value techniques
• Embrace the dynamic nature of many project environments through proactive change management

CONTENT

Understanding Project Success and Failure

• Characteristics of Projects
• Fundamentals of Project Management
• Starting a Project - The Charter
• Starting a Project - The Team

Value-Driven Project Management

• Value Modelling and Value Metrics
• Metric Characteristics, Selection, Training and Management
• Project Scope Planning - work breakdown structures
• Schedule Planning - build and optimize project timeline
• Cost Planning - estimation and construction of the project budget

Monitoring Performance through Effective Planning and Reporting Techniques

• Controlling Uncertainty - Risk Management
• Controlling Stakeholders - communications considerations
• Key Performance Indicators
• Status Reports and Project Dashboards

Monitoring and Controlling Project Performance

• Variance Analysis using Earned Value Management
• Forecasting to Control Project Budgetary and Schedule Concerns
• Managing Change
• Advanced Status Reporting Techniques

Stakeholder Management

• Issues Management
• Scope Verification - requirements traceability
• Management of Project Records
• Problem-Solving: Identification, Analysis and Generation of Solutions
• Decision-making Tools and Techniques

FOR WHOM:

Works, Services and Maintenance Personnel

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.