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How Project Management Improves the Bottom Line

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.

Who should attend
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.

Learning Objectives - Understand the following:
  • 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.

Every course and workshop in our Project Training program is fully customizable. We offer virtual delivery of the training program you need. Call us: +1.919.495.7371.

All of our courses are fully compliant with the latest release of each relevant standards document such as the PMBOK® Guide, Standard for Portfolio Management, BABOK® Guide, and others.
Course Information
Course ID: 1728
Duration: Half Day
Class size: 6 - 40
· PMP® certified instruction
· Student Guide
· Participation Certificate
· 3 PDUs

Download this course description as a printable PDF document.
Pricing Information
On-site discounts are available.
Ready to enroll?
Fill out the Training Request Form online or call 1-800-877-8129
(+1 919-495-7371)

Questions?  Please feel free to Contact Us

Training Providers:
License this courseware!  Call 1-800-877-8129
(+1 919-495-7371)
for more information.
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