Engineering Project Management in the Public Sector

Course Overview

It is widely recognized that the field of Project Management is vital to the success of businesses especially during times of uncertainty and operational disruption. As projects become more complex and more organizations move to management by projects, there is an increasing demand for competent project managers. Surprisingly, many projects go wrong, and the question is: why do they go wrong? Most of the answer has little to do with project size or degree of complexity but a lot to do with competent project planning and control. The cause of project failures can often be traced back to poor project definition, planning, or control.

Among the three top desired project management skills, technical knowledge rates as a key component that employers require. While leadership is paramount, the success of a project requires making ‘good’ informed decisions based on solid data. Yet, few managers have had formal training in decision-making and project control. This course provides you with the training you need to estimate, plan, and control your project and show you how to translate data into action that ultimately saves the project

Course Objectives:

At the end of this course, the participants will be able to:

Understand the project's economic evaluation and cash flow
Understand the project estimating and budgeting
Learn about project planning and scheduling using networks
Explore the elements of Successful control systems and cost management
Learn techniques for project control and Earned Value Management
Learn about the project reporting

Course Content:

Unit 1: Overview of Project Management:

Projects in contemporary organizations
Project delivery systems
The nature and context of project management
Leadership, power and influence
The project control cycle

Unit 2: Project Estimating:

Developing a work breakdown structure
Risk terminology
Objective and subjective risk assessment
Basic techniques for handling risk
Cost fundamentals
Cost Estimation: Approximate and detailed estimates
Direct and indirect costs

Unit 3: Project Planning:

Fundamentals of project planning
Network analysis techniques
Critical path scheduling
Resource allocation
Resource levelling
Compressing schedules
Monitoring and control using networks

Unit 4: Project Control:

What is a control system?
The concept of variance
Time-cost trade-off
Cash flow analysis
Earned value management
Unit 5: Project Reporting & Advanced Topics:
An economic evaluation of projects
Interest & bid unbalancing
Integration of estimating, planning & control
Lean project management: concept and applications

Targeted Groups:

Project Management Professionals
IT Professionals
Business Professionals
Individuals who want to sharpen their project management skills