Why Attend

The overall aim of this course is to provide participants with the necessary skills required to plan their projects by creating project scope statements and project work breakdown structures. Additionally, participants will be able to develop key performance indicators for monitoring and controlling their project schedule and budget. The course also aims at assisting participants in appraising the feasibility of their projects by applying capital budgeting techniques. Finally, participants will effectively plan project stakeholders’ engagement and manage their expectations.

Course Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants and psychometric assessments. The course also features the use of a number of group exercise and case studies followed by plenary discussions.

Course Objectives

By the end of the course, participants will be able to:

  • Plan projects using statement of work and Work Breakdown Structure (WBS)
  • Schedule projects activities and build the project network model
  • Calculate project budgets and schedule variances using Earned Value (EV) techniques
  • Select the right projects using capital budgeting techniques
  • Relate to project stakeholders through better negotiation and communication skills

Target Audience

Project managers, members of project office, project sponsors, functional managers, senior management and individuals interested in project management. This course is worth 30 PDUs.

Target Competencies

  • Planning projects
  • Organizing projects
  • Executing projects
  • Controlling projects
  • Cognitive ability
  • Communication


3 Days

Course Outline

o Project management definitions
o Projects versus operations
o Managing project constraints
o Applications of project management
o Potential benefits of project management
o Definition of project life cycle
o Defining project requirements
 Statement of Work (SOW)
 Project specifications
 Milestone schedule
 Work Breakdown Structure (WBS)
o WBS decomposition problems
o WBS guide lines and checklists
o Linking activities and WBS sequencing
o Forward and backward scheduling
o Critical Path Method (CPM)
o Slack and float management
o Program Evaluation and Review Technique (PERT)
o Schedule compression techniques
o Myths and realities of schedule compression
o Resource planning and leveling
o Project organization and project control
o Mastering earned value management
o Schedule and budget variances
o Project forecasting
o Project management reporting
o Auditing a project
o The role of software in project management
o Definition of capital budgeting
o Cost of capital
o Accounting Rate of Return (ARR)
o Payback Period (PP)
o Net Present Value (NPV)
o Internal Rate of Return (IRR)
o Identifying stakeholders
o Stakeholders types
o Stakeholder power and interest grid
o Planning stakeholder management
o Managing stakeholder engagement
o Controlling stakeholder engagement