Organizations that are project driven are faced with the challenge of effective management of inter-dependent, varied priority, varied value, multi-players, shared-resources, short and long term, multiple-accountability, shared-authority, variable risk level and dynamic projects. Therefore, it is not enough to deliver normal single projects successfully. Leaders in companies are focusing on the effectiveness of whole organizations, and the delivery of a web of changing and interacting troubled projects to achieve the aims of their organizations. This calls for a systematic and rapid assessment methodology for delivering these troubled projects.

As a result of this course, attendees will be able to:

• Basics Project Management, planning, and costing

• Crashing and resource optimization

• Prioritization, Decision making and effective selection of alternatives

This course is targeted for Chief Executive Officers, Finance Managers, Human Resources Managers, Project Managers, Engineers and Planners, Information Technology Managers.

In What Industries:

Government, Real State Development, Aerospace, Defense, Engineering and Construction, Manufacturing and Industrial, Oil and Gas\Petrochemical, Power and Water Utility Plants, Education and Training, Retail, Banking, Financial Services, Information Technology, Telecommunication, Automotive, Media Production, E-Business Enablers, Marketing and Sales, Pharmaceuticals, Environmental Management, Hospitality Management, Shipbuilding and Repair Yards.

Day One

• Project Management Key Concepts

o What is a project

o Delivery Methods of Projects

o Types of Contracts for engineering projects

o Projects and Operations

o PM Key Concepts

• Project Life Cycle and PM Phases

o Project Phases

o Project Life Cycle

o Project Management Processes



Day Two

• Time Management

• Crashing of Projects

• Resource Optimization



Day Three

• Evaluation Criteria of Troubled Projects

• Paired Evaluation

• Decision Making practices



Day Four:

• Project Monitoring and Control

• Risk Management



Day Five:

• Time value of Money

• Prioritization