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Course Schedule
Classroom Sessions:
Date Venue Fees
01 - 12 Jul 2024 Dubai - UAE $11,900
02 - 13 Dec 2024 Dubai - UAE $11,900
Course Description

INTRODUCTION

This GLOMACS Advanced Project Management training course is unique in the market as it helps the participants to get ready for the PMP Exam; not to mention the business application portion that ensure the pragmatic implementation of the project management methodology. It will correlate the exam questions with a practical workshop to cover the daily business activities.

This GLOMACS Advanced Project Management training course is intended for candidates undertaking the Project Management Institute (PMI)® Project Management Professional (PMP)® examination. The designation title PMP® is an internationally accepted recognition of project management knowledge and professionalism of the successful candidate. In ever increasing numbers, organizations are turning to project management to help them gain competitive advantage.

It will emphasize awareness of project risk management to minimize project cost / schedule overruns & improve project execution.

Project management is all about the management of risks; the ability to seize opportunities, minimize threats and to optimize results. However, risk management is too often treated as a reactive process, or worse, not done at all.

Highlights of this GLOMACS training course are:

  • Developed and facilitated by a professional subject expert with extensive industrial experience and academic background
  • Providing practical skills in rationalizing proper managerial actions, as in the case of typical PMP® examination multiple-choice questions
  • Get to interact with other delegates and build a learning network for industrial experience and for the PMP® examination
  • Understanding the behavioural and ethical aspects of professional project managers to exercise proper judgement in the decision-making process
  • Examine both the threats and opportunities facing your projects from both a top-down and bottom-up perspective using a proven six-step risk management process
  • Evaluate and respond to risk at the project as well as the task levels
  • Anticipate possible causes of cost and schedule overruns, together with poor quality of work. By identifying the warning signs to these as early as possible in the project timely corrective action can be taken to minimize or mitigate the impact
  • Discussions of case studies and exercises emphasizing the learning across the five process groups and the professional responsibility domain

MODULES

This training course is split into two modules:

MODULE I - PMP Exam Preparation Training : The Project Management Professional

MODULE II - Project Risk Management & Compliance

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Objectives

This GLOMACS training course helps in:

  • Building confidence to immediately take the PMP® examination upon the conclusion of the course
  • Providing tips to delegates to answer difficult multiple-choice questions
  • Creating a study technique and setting up a network of learners or group study
  • Practising answering questions like in the real examination during the classes and outside classes
  • Rationalizing answers to examination questions
  • Get an overview of the Risk Management Process
  • Learn to identify risks that affect project quality, time & schedule, cost and scope
  • Apply useful techniques to identify, analyze, mitigate and monitor risks in the project life cycle
  • Learn how to create an effective risk monitoring plan and risk management strategies
  • Use a practical, six-step process to manage project risk
  • Develop a risk budget based on Expected Monetary Value (EMV)

Training Methodology

The Facilitator, through presentations, will give the participants help and guidance during the pre-examination process and the sessions are challenging and practical through the use of simulated test questions and answers where learning comes with a test of 15 key and very challenging questions upon the completion of each module. 

The training methodology will incorporate as well both theory and skill training components, utilizing both traditional lectures, as well as hands-on exercises, group discussions and case studies.

Organisational Impact

Both private and public organizations will greatly benefit from systematic approach to managing project, which will improve the likelihood of on-time and on-budget project completion by focusing on:

  • Excelling in project management practice and increasing organisational maturity
  • Equipping employees in refining abilities for project leadership and management
  • Gaining confidence from customers by having project professionals having  a world-renown professional certification in project management
  • Risk management planning in line with project objectives
  • Proactive identification of risk sources and minimization of their impact
  • Knowledge of risk compliance issues and practices
  • Understanding the relationship between risk, scope, cost & time
  • Knowledge of mathematical techniques used in risk analysis
  • Evaluating alternative risk strategies and modifying project plans accordingly 

Personal Impact

Participants will benefit from:

  • Becoming an expert in project management practice
  • Gaining confidence and professional insights needed for a project management career
  • Applying best practices that apply to diverse projects in multiple industries
  • Obtaining a world-renown professional certification in project management
  • Passing the PMP® examination could boost the earning potential by developing project management skills
  • Project management experience can open up the doors to rapid promotion

WHO SHOULD ATTEND?

This training course is suitable to a wide range of professionals but will especially benefit:

  • Associate Project Managers, Project Managers, IT Project Managers, Senior Project Managers
  • Project Coordinators
  • Project Analysts
  • Project Leaders, Team Leaders
  • Product Managers, Program Managers
  • Project Sponsors and Project Team Members
  • Project Management Professionals planning on taking the PMP® Exam
Course Outline
Module 1: PMP Exam Preparation Training : The Project Management Professional

DAY 1

Business Environment

  • Foundation
  • Strategic Alignment
  • Project Benefits and Value
  • Organizational Culture and Change Management
  • Project Governance
  • Project Compliance

DAY 2

Start The Project

  • Identify and Engage Stakeholders
  • Form the Team
  • Build Shared Understanding
  • Determine Project Approach

DAY 3

Plan The Project

  • Planning Projects
  • Scope
  • Schedule
  • Resources
  • Budget
  • Risks
  • Quality
  • Integrate Plans

DAY 4

Lead The Project Team

  • Craft Your Leadership Skills
  • Create a Collaborative Project Team Environment
  • Empower the Team
  • Support Team Member Performance
  • Communicate and Collaborate with Stakeholders
  • Train Team Members and Stakeholders
  • Manage Conflict

DAY 5

Support Project Team Performance

  • Implement Ongoing Improvements
  • Support Performance
  • Evaluate Project Progress
  • Manage Issues and Impediments
  • Manage Changes

Close The Project / Phase

  • Project/Phase Closure
  • Benefits Realization
  • Knowledge Transfer
Module 2: Project Risk Management & Compliance

DAY 6

Risk Management Framework and Planning

  • Key Definitions
  • The PMBOK® Six Risk Management Processes
  • Purpose & Benefits of Risk
  • Responsibilities in Project Risk Management
  • Integrating Risk Management into the Project Management Process
  • Risk Management Planning
  • Risk Planning Process

DAY 7

Risk Identification Process

  • The Effect of Project Macro-Environment on Risk
  • The Effect of Project Complexity on Risk
  • Risk Identification Techniques
  • Managing Risk through Project Estimating
  • Managing Risk through Earned Value Management
  • Schedule Risk Management – Critical Path Method & PERT

DAY 8

Risk Assessment Process

  • Qualitative Risk Analysis
  • Bow-Tie Risk Analysis Technique
  • Probability/Impact Risk Matrix Technique
  • Quantitative Risk Analysis
  • Monte Carlo Simulation
  • Decision Trees and Expected Monetary Value
  • Managing Project Risks through Integrity Assurance

DAY 9

Risk Response Plan Development

  • Risk Prioritisation
  • Risk Response Strategy Guidelines
  • Response Strategies for Threats & Opportunities
  • Response Planning & Analysis
  • Alternative Responses
  • Risk Response Validation
  • Contingency & Management Risk Reserves

DAY 10

Risk Response Control

  • Resource Management
  • Risk Control Guidelines
  • Risk Control Inputs
  • Risk Control Tools & Techniques
  • Risk Control Outputs
  • Risk Reporting & Documenting
  • Course Summation & Work Session Review
Certificates
  • On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Providers and Associations

Endorsed Education Provider

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A PMI registered mark

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

PetroKnowledge

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

Visit website

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

Visit website

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