Having the right project management skills, strategy, and project teams can make a huge difference in the success or failure of a project. Organizations and professionals have realized the importance of project management skills and the strategy to plan and execute the projects. Therefore, organizations around the world have started to invest in the training and development of project teams and managers.
Research studies have shown that project success is highly dependent on project strategy, clarity of scope, planning, project manager’s leadership skills, project teams, and project management tools and techniques that are deployed on projects.
This three-day hands-on course will enable project managers, teams, and professionals to learn how to create a robust project strategy map, plan, scope document, and monitoring systems for successful execution and delivery of projects. Throughout the course, participants will utilize hands-on exercises, group discussions, and computer-based simulation to create a project strategy, plan, design, scope document, monitoring and evaluation mechanism, and risk assessment documents to execute projects successfully.
Key Topics
- What is strategy in the context of project management?
- Foundation and principles of successful project management and strategy
- What are the major causes of project failure and how to avoid them?
- Relationship between project strategy, plan, scope, and success
- How to create and manage a Project / Program Management Office (PMO)?
- How can entrepreneurs use project management and strategy in their new ventures and projects?
- Critical success factors in project management
- The project vision, leadership, strategy, and high-performance teams
- Relationship between project management and emotional intelligence (EQ)
- Creating high-performance project teams through emotional intelligence
- Relationship between EQ, IQ, and project success
- Balanced scorecard and project strategy map
- What is a project strategy map, and how to create it?
- Project risk assessment and contingency planning
- Project teams and conflict resolution techniques using emotional intelligence
- Role of communication, negotiation, persuasion, influence, and networking in project management
- Marketing projects internally and externally
- Project negotiation, procurement, and execution
- Negotiating contracts, price, resources, and other key elements of a project
- Can emotional intelligence be used for successful delivery of projects?
- Managing projects in a diverse, multicultural, and global environment
- Project monitoring and evaluation through Earned Value Approach (EVA)
Key Benefits and Expected Outcomes
After attending this program, participants will be able to:
- Learn how to create a robust project strategy, plan, scope, and design
- Understand the key concepts of strategic project management
- Learn about the critical success factors to design, plan, manage, and deliver a project successfully
- Create a project vision and strategy that is in sync with the project scope, plan, and design
- Learn how to perform a project risk assessment and contingency planning
- Understand how to create high-performance teams that can execute projects successfully
- Learn how to perform project and resource negotiations
- Create a project strategy map
- Explore the ways and benefits of project marketing
- Learn how to create a project vision, communication plan, and marketing strategy
- Explore the ways on how to utilize the earned value approach (EVA) to monitor and control projects
- Learn the team-building and leadership skills that are required to manage and lead project teams
- Understand the relationship between leadership, emotional intelligence, and project management
- Learn how to use a balanced scorecard to create a project strategy map and execute projects successfully
- Network with project managers, directors, team leads, project management professionals, and faculty from the world’s top business schools and universities
Key Benefits to Your Organization
- Enhance project governance, decision-making, project and team performance, leadership, and employee retention, which will lead to successful delivery of projects, competitive advantage, strategic growth, and improved quality and performance of projects as well as organizations.
- Research studies have shown that human capital is the hardest element to replicate or imitate. Therefore, organizations that invest in employee learning and development create a sustainable and long-term competitive advantage that enhances creativity, teamwork, efficiency, disruptive innovation, and growth.