Technical Project Management

Technical Project Management

Applying Professional Project Management Practices to Technical Projects

Introduction

Project Management is an emerging profession operating in an increasing range of industries. As projects become more complex, and as more organisations move to management by projects, there is an increasing demand for competent project managers. Surprisingly, many small and large projects go wrong. 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 project planning and control. The cause of project failures can often be traced back to poor project definition, planning or control.

Project success is the key outcome in project management. There is nothing more important to the success of a project than making ‘good’ informed decisions. This technical skill is certainly crucial, yet few managers have had formal training in decision-making and project management. This LAKESHORE ISL, Technical Project Management training course provides you with the training you need to manage your projects more efficiently. This LAKESHORE ISL training course adopts a managerial perspective with an analytic rather than prescriptive emphasis. It also considers both the human and technical sides of management.

This LAKESHORE ISL training presents insights into: 

  • Understanding Planning
  • Development of Project Goals
  • Understanding and handling Project Risk
  • Correct application of Project Control
  • Knowledge of Project Economic Evaluation

Objectives

Attendees of this LAKESHORE ISL training will fully understand:

  • Project Evaluation
  • Project Estimating and budgeting
  • Appropriate knowledge of the concepts of project planning
  • Elements of Successful Control Systems
  • Techniques for Project Control
  • Project Reporting

Training Methodology

This LAKESHORE ISL, Technical Project Management training methodology incorporates both theory and skill training components. This LAKESHORE ISL training course uses both well-tried and non-traditional techniques, utilises hands-on several mini-case studies and group discussions and provides thorough coverage of concepts, techniques and relevant case studies in project management.

Organisational Impact

The organisation will benefit by:

  • Development of a skilled workforce which is capable of planning and managing projects
  • Systematic and efficient management of Projects
  • Increasing success rate of projects meeting quality, time, and budgetary goals
  • More efficient utilization of company resources
  • Reduction of wasted time and money

Personal Impact

Attendees will gain by participation in this LAKESHORE ISL training course through:

  • Ability to plan a project balancing competing objectives
  • Proactive identification of risk sources and minimisation of their impact
  • Understanding the relationship between cost & time
  • Knowledge of mathematical techniques used in resource planning and control
  • Evaluating project progress and modifying project plans accordingly

Who Should Attend?

This training course is intended for individuals who want to hone their project management skills. So whatever background you have (i.e. Oil & Gas, Engineering, Information Technology or Business), this training course will cover both fundamental principles and modern tools of project management.

Seminar Outline

DAY 1

Overview of Project Management

  • Projects in Contemporary Organisations
  • The Nature and Context of Project Management
  • Benefits of Project Management
  • Possible Sources of Variance
  • The Project Control Cycle
  • Project Delivery Systems

DAY 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

DAY 3

Project Planning

  • Fundamentals of Project Planning
  • Network Analysis Techniques
  • Critical Path Scheduling
  • Resource Allocation
  • Resource Leveling
  • Compressing Schedules
  • Monitoring and Control using Networks

DAY 4

Project Control

  • What is a Control System?
  • The Concept of Variance
  • Time-cost Trade Off
  • Cash Flow Analysis
  • Earned Value Management

DAY 5

Project Reporting & Advanced Topics

  • Economic Evaluation of Projects
  • Interest & Bid Unbalancing
  • Integration of Estimating, Planning & Control
  • Lean Project Management: Concept and Applications

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