Introduction
This training course shows you how to turn business strategy into successfully delivered projects. It links vision, mission and strategy to the selection, planning, control and review of projects, so that every project contributes to competitive advantage and long-term growth. Most organisations now rely on projects to deliver new products, services, processes and change, yet success depends on more than meeting deadlines, budgets and scope. Strategic project managers work closely with executives to prioritise high-value projects, adapt to shifting business environments and measure impact beyond immediate results.
Combining strategic planning, business performance management and change with practical project management, the training course takes you through initiation, business case development, planning, risk, control, audit and closure. You will learn to apply governance, stage gates and project reviews, develop realistic plans, estimates and schedules, identify and control risk, and lead and motivate high-performing project teams. The result is a complete, strategy-led approach to delivering projects on time, within budget and to quality standards, while keeping every project aligned with organisational strategy.
This training course will highlight:
- Vision, mission, strategy, the balanced scorecard and business performance management
- Business process re-engineering, lean project management and change management
- Project initiation, governance, business cases and stage gates
- Planning, estimating, risk management and project control, including earned value
- Project reviews, audit and closure, and project leadership and team building
Objectives
At the end of this training course, you will learn to:
- Link business strategy to project delivery
- Apply governance, stage gates and project reviews
- Develop and control practical project plans
- Identify, analyse and control project risks
- Strengthen project leadership and team building skills
Training Methodology
This training course combines theory with skill-building, using traditional lectures, interactive case studies, group discussions and videos. Delegates evaluate the latest techniques and complete hands-on, practical exercises that simulate real project scenarios. Proven adult learning techniques ensure maximum understanding, comprehension and retention of the material presented.
Organisational Impact
Both private and public organisations will benefit from this training course in the following ways:
- Project strategies aligned with core business values and objectives
- Greater confidence in project assurance and faster senior management decisions
- Proactive identification of risk sources and minimised impact
- Better project control, managing quality, cost and time together
- A consistent project management language and tools used across the organisation
- Stronger project teams that can be transferred between projects
Personal Impact
Delegates will personally benefit from this training course in the following ways:
- Ability to integrate projects within the context of the organisation and its strategy
- Knowledge of what top-quality, strategy-focused project plans look like
- Refined strategic project planning and estimating techniques
- Improved risk identification and analysis skills
- Confidence to undertake project reviews and maintain stakeholder communication
- Stronger team management and leadership skills as a project professional
Who should Attend?
This training course is designed for professionals directly or indirectly involved in the delivery or assurance of projects. It will also benefit anyone involved in business management and delivery.
This training course is suitable to a wide range of professionals but will greatly benefit:
- Programme Managers and Project Sponsors
- Project Managers and Project Engineers
- Project Control Managers and Engineers
- Proposal, Risk and Contract Managers
- Team Leaders, Engineers, Discipline Engineers and Technical Specialists
- Members of Process Improvement Teams
- Project Support and Project Assurance Personnel
- Administrators responsible for supporting projects
- Directors and Functional Managers
Managing Business Performance, Re-engineering and Change
- Vision, mission and strategy
- The Balanced Scorecard
- Business performance management
- Lean project management
- Principles and benefits of Business Process Re-engineering (BPR) and the re-engineering process stages
- Process mapping and how to re-engineer business processes
- Change management and a mind-set for engaging change in the business
- Aligning projects with strategic business
objectives
Project Initiation and Governance
- Projects and programmes, project identification and key project terms
- Understanding the organisation, the macro-environment and the complexities of projects, including oil and gas projects
- Project life cycles and stage gates
- Governance of project management
- Stakeholders, managing expectations, project roles and responsibilities
- Project success criteria and factors, and project initiation
- Project sanctioning and approval process
- The strategic project business case, project mission, exploratory decision analysis and Stage Gate 1
Strategic Project Planning and Delivery Preparation
- Preparing for project delivery through 20 steps
- Planning and developing a strategic project execution plan
- Compiling project estimates
- Producing work and cost breakdown structures
- Scope management to schedule management
- Developing realistic project schedules and critical path analysis
- Financial feasibility analysis, financing and credit risk considerations
- Stage Gate 2
Project Risk, Analysis and Control
- Defining and describing risk, and planning the risk management process
- Identifying risk
- Qualitative and quantitative risk analysis
- Risk response planning, prioritising risks strategically and controlling risks
- Professional review of project risk
- Project control and management of change
- Key performance indicators and earned value management
- Monitoring and reporting project progress
Project Reviews, Closure and Strategic Leadership
- Project reviews from requirements to implementation
- Project audit and effective communication of audit findings
- Project closure, post-project reviews and lessons learned
- Unique requirements of project managers and leaders
- The need for a team approach, the team development cycle and developing effective teams
- Keys to effective influence and persuasion
- Communication, delegation and motivational skills
- Upon successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance
Endorsed Education Provider