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The Project Management MBA (1, 2, or 3 day versions)

Until now, most have viewed the project manager's role as largely that of a producer of technical solutions who is duty-bound by the triple constraints. That view will undoubtedly change in the near future. What will distinguish superior project managers from average ones is an ability to manage a project more like a small business than a technical marvel. The Project Management MBA will enable project managers to do just that.

Organizations are recognizing that projects are more than simply exercises in cost and schedule logistics, technology management, and team leadership. Projects represent an investment that the organization is making -- from which it probably expects a return! In this session, you’ll learn some key concepts, principles and practical tools aimed at helping you to increase your project-related business savvy.

Who should attend:

Anyone who wishes to "stay ahead of the performance curve" with respect to their understanding and knowledge of project management; project managers, managers of project managers, and key project team personnel will benefit from this program.

Key topics covered include (varies, depending on length of program):

  • The relationship between business and projects
  • What does upper management want -- what do they need -- what do they expect?
  • Portfolio management
  • Projects and strategic alignment
  • Using financial and non-financial criteria in project proposals
  • Calculating key economic metrics
  • Performing a Sensitivity Analysis
  • What should you have in your business skills "toolbox"

Participants will learn how to (varies, depending on length of program):

  • Appreciate the interface and interaction between the business world and the project world
  • Anticipate what management expects from projects in terms of business results
  • Understand which "traditional" project management practices you should rely on, and
  • how each contributes to positive business results
  • Learn how companies allocate their overall project budget by creating "portfolios"
  • Strike a balance between financial and non-financial criteria when preparing a project for
  • justification or approval
  • Appreciate (through calculation) the effects of budget overruns and project delays
  • Apply the key tools or skills that project managers should have in their "business tool box"
  • Avoid the classic business "pitfalls" that get project managers in trouble

Instructional methods and learning tools:

  • Interactive classroom instruction
  • "Hands-on" small group exercises
  • Case studies

Take-away tools:

  • Excel spreadsheets for performing comprehensive project financial analysis
  • PPM software evaluation spreadsheet (2 and 3 day program only)

If you'd like more information on this program contact us