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How Project Management Improves the Bottom Line
Overview:

The Challenge
These are challenging times. With current focus firmly on the quarter to quarter bottom line, there simply is no room for waste of any kind. So what is an organization to do when important projects continue to complete over budget, late and/or short on deliverables? Every project is an important corporate investment. Failed projects represent significant financial loss. What can we do to ensure that our project investment pays off?

The Solution
First the good news: it is absolutely true that project success can be the norm in your organization. A key ingredient in this success is the use of a formal (but practical) project management practice. No one has room for bureaucracy where it is not needed, but it is truly the case that a well designed and fully supported project management methodology can make the difference between routine success and frequent failure. This management workshop describes a practical approach to project management that can be used in any enterprise, and then details how this practice can improve your bottom line.

Audience:

This highly focused workshop will benefit anyone who wants to get the most out of every project dollar: CEO, CFO, COO, CIO, other Senior Executives, PMO Director, Functional Managers and Executives with project responsibility, Portfolio Managers, and anyone who uses projects to execute Business Strategy.

Course duration:

Half day

Learning Objectives :

  • Where project success comes from
  • Redefining our understanding of project success
  • Project versus product lifecycle
  • Maximizing the Business Value derived from projects
  • Managing the Project Portfolio
  • Impact of seeing projects as investments
  • Choosing the right projects
  • Business Case and Project Charter
  • Characteristics of Practical Project Management
  • Stage gates and project forecasts
  • Transition – optimizing Business Value
  • Organizational Adoption – Minimizing the DIP
  • Distinguishing PM Methodology from product development approach (Agile versus Waterfall)
  • How to implement practical project management
  • Creating a culture that supports project success
  • Use project management to improve the bottom line
Learning Approach:

  • A highly experienced instructor will use an interactive lecture format, group discussions and other techniques to drive home the essential points of this material
  • We will build on your prior experience in this topic, while providing you with a structure and vocabulary to use in future projects.
  • You will receive a Student Guide which will help you follow the material, take notes and retain what you learned so that you can apply it on your job.
Why should I take this workshop?:
  • How Project Management Improves the Bottom Line presents unique insights into why projects succeed and how to make project success the norm. Attendees should be able to make immediate use of the practical steps presented in this management workshop.
  • Engage in this management training and learn what you can do to ensure that your projects support your strategy, and your organization fully supports the success of every project.
  • Learn what you can do to enhance the Business Value that projects deliver.

Please contact your training representative for more details on having this course delivered onsite or online

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