Introduction

Advanced project management helps to handle more complex projects and deal with a wider range of project management-related challenges. Managing more complicated projects involves the application of different project management theories and concepts, use of advanced tools and techniques and updated software to plan, implement and manage a project.

Organizational project management refers to a framework that constitutes programs, projects and the like to deliver organizational strategy in order to improve performance and produce better results. It is an integration of knowledge, processes and people, supported by tools and techniques.

Professionals in project management attain the Project Management professional (PMP) certification, which is the highest and universally recognized certification of one’s project management knowledge, skill, experience and capability to successfully manage complex projects, including international ones.

This Advanced Project Management Certification course by Xcelerate Training Institute will empower you with complete information, knowledge and experience to undertake and successfully complete the Project management Professional exam. Further, the understanding and knowledge gained through this course will enhance your potential and performance in managing a project despite time, budget and other constraints, thus demonstrating your capabilities to assume higher roles and responsibilities in your organization, in turn fostering career growth and progression.

Learning Objectives

• detailed understanding and knowledge of advanced project management concepts as well as tools, techniques and software
• the required awareness and knowledge of critical success factors of a project, such as quality, budget, risk management, etc., to be able to focus on these to deliver a successful project
• the required analytical skills to enhance the results of the project management process
• the potential, confidence and experience to successfully manage international projects
• the experience and foresight to conduct risk analyses, pre-empt challenges and take precautionary action to mitigate these challenges
• the necessary understanding of the importance of all stakeholders and the skill to maintain healthy relations with all these stakeholders
• the ability to understand the impact and contribution of strategic project management plans to organizational objectives
• the potential and skill to successfully manage complex projects, mitigating risks, maintaining relationships and implementing smart tracking measures
• the experience, knowledge and preparedness to successfully undertake and complete the PMP certification exam

Training Methodology

Xcelerate Training Institute Talent Solutions focuses on a practical rather than theoretical approach to learning. Lectures by an experienced professional form a small part of the training. Importance is laid on relevance to the training audience, and thus, each course is thoroughly reviewed and customized, if needed.

Trainee participation is encouraged through role-plays, one-on-one and group negotiations, assignments, etc. Relevant case studies are also discussed to foster reference.

Benefits For Your Organization

• Employees with experience, skill and knowledge similar to that of a PMP-certified professional
• Successful and risk-free management of complex projects, including international ones
• Use of advanced tools, techniques and software to manage large, complex projects seamlessly
• Regular project management training for other employees at no additional costs
• Organizational growth because of the alignment of strategic project management plans to organizational goals and objectives
• Effective cost and procurement management for projects
• Good relationships between all stakeholders involved in a project
• Objective metrics and indices to measure and track success and return on investment of projects

Benefits For You

• Complete knowledge, experience and skill to manage complex projects  , including international ones
• Increased confidence and skill to impart project management training to other employees
• Enhanced perspective to define and align strategic project management plans with organizational objectives
• Increased skill, confidence and capability to apply new concepts and use advanced tools, techniques and software for successful and seamless management of complex projects
• Greater perspective and foresight to conduct risks analyses, identify potential challenges and address these before they impact the project outcome
• Better preparedness, experience, knowledge and confidence to undertake and successfully complete the (project management Professional) PMP certification examination
• Greater ability and experience to manage projects within the defined costs and time
• Increased understanding and knowledge to define objective metrics and indices to measure and track a project and its success (return on investment), in turn demonstrating potential to assume higher roles and responsibilities in one’s organization, fostering career growth and progression
• Better analytical and planning skills to undertake project management roles in any organization or industry, increasing scope and avenues for career growth and progression
• Increased understanding of performance measurement, budget and quality management, transition planning, etc.

Target Audience

• Senior members of organizations who need to understand the importance of seamless project planning and management
• Project managers and executives responsible for planning and managing various projects for an organization
• Project management officers responsible for defining standards and guidelines around project management practices within an organization
• Finance and human resource department professionals who are important contributors to the success of a project by evaluating the need for and providing adequate resources
• Project sponsors, if any, who need to know all important aspects of project management to be able to make accurate decisions
• Any other professional who would be interested in understanding more about project management

Course Outline

Components of an Organizational Project Management Framework

• Strategy
• Portfolio
• Programs and projects
• Operations
• Business impact analysis
• Value performance analysis

Factors Influencing Project Management

• Strategy communication
• Goals
• Leadership
• Business processes
• Human capabilities
• Culture and performance systems
• Business and information systems
• Team structure

Critical Steps in Project Management

• Initiation
• Planning
• Execution
• Monitoring and control
• Closure

Step 1 – Project Management – Initiation

• Existing plan review
• Stakeholder analysis
• Key deliverable identification
• Project charter preparation
• Benefit analysis for strategic alignment

Step 2 – Project Management – Planning

• Requirement analysis
• Risk assessment
• Management plan development
  • Scope
  • Cost
  • Communications
  • Procurement
  • Quality
  • Change
  • Risk
  • Stakeholder
  • Human resource
• Project schedule development

Step 3 – Project Management – Execution

• Project resource acquisition and management
• Task execution management
• Quality management implementation
• Corrective action implementation
• Change and risk management
• Information flow management
• Stakeholder relationship

Step 4 – Project Management – Monitoring and Control

• Project performance measurement
• Project change management
• Project delivery quality management
• Risk assessment and monitoring
• Issue log review and correction action definition
• Learning capture and analysis
• Procurement activity monitoring

Step 5 – Project Management – Closure

• Deliverable acceptance achievement
• Ownership transfer
• Financial, legal and administrative closure
• Comprehensive project review
• Project document and material archiving
• Feedback collection

Differential Aspects Between Project and Program Management

• Tactical vs. strategic
• Objective alignment
• Responsibility scope
• Horizontal vs. vertical responsibility
• Work effort
• Risk management
• Life cycle involvement
• Process orientation
• Skills and capabilities