Adaptive Project Management & Analysis

• Characteristics of Projects
• Fundamental Concepts of Project Management
• Setting-up for Success - The Charter
• Setting-up for Success - The Project Team
• Setting up for Success – Needs analysis & Solution Vision
• Understanding Stakeholders

• Product Scope Planning - requirements collection
• Project Scope Planning - establish work breakdown structure
• Schedule Planning - constructing the project timeline
• Schedule Planning - optimizing the project timeline
• Cost Planning - cost planning and estimation
• Cost Planning - establishing the project budget

• Risk Management - Risk Identification and Analysis
• Risk Management - Establishing Risk Response Approaches
• Managing Project Change
• Controlling Adversity through Effective Contingency Planning
• Controlling Progress through Earned Value Management

• SCRUM Foundations - Characteristic of Highly Effective Teams
• The SCRUM Framework
• Key Roles of Scrum - The Product Owner
• Key Roles of Scrum - The Scrum-master
• Key Roles of Scrum - The Self-organized Team
• Key Artifacts of Scrum

• Sprint Planning Techniques
• Executing Iterations - The Scrum “Sprint”
• Continuous Learning Techniques through Project Retrospective
• Course and Techniques Review
• Contrasting Control Mechanisms of these Different Approaches

• What is project management decision analysis?
• The purpose of the project business case
• The need for systematic risk management for decision-making
• Risk and uncertainty on projects
• Option analysis
• Identifying key decision-making factors

• Fundamental tools of engineering economics
• Time value of money
• Appraisal methods - Discounted Cash Flow Projections
• Time equivalence

• Financial Modelling and Project Evaluation
• Internal Rate of Return computations (IRR)
• Determining the Internal Rate of Return (IRR)
• The risk of not understanding IRR

Analysing Project Specifics

• Understanding the project context to assist in decision-making
• Determine stakeholders and their level of influence
• Capture requirements
• Determine scope of work

• Capital & Operating Expenditures (CAPEX / OPEX)
• Estimating the cost of capital for a project
• Benefit-Cost Ratio (BCR)
• Dis-benefits

Risk Modelling in Practice

• Identify Risks
• Forecasting risk impacts & probabilities
• Opportunity costs, sunk costs & salvage value of a project
• Determining the Risk Priorities
• The need for company cash flow

• Basic Probability Concepts
  • Fundamental probability concepts
  • Mutually & non-mutually exclusive, independent events
• Quantitative Project Risk Analysis
  • Semi-quantitative bow-tie process
  • Detailed risk quantification and prioritisation
  • Expected monetary value
  • Scenario planning
• Sensitivity Analysis Tools
  • Simulation process
  • Tornado diagram
  • Defining the variables - PERT

• Decision Tree Analysis
  • Developing decision trees
  • Solving decision trees
• Risk Responses
  • Developing risk responses
  • Evaluating response relevance
• ROI Analysis
  • Understanding ROI
  • Identifying ROI
  • Evaluating and presenting your project options