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Training Services → Half Day Workshops
A Business Value Approach to Project Management
The Challenge
It is a primary tenet of Project Management that every project will produce something of value for the project Sponsor. That positive outcome may be referred to as Business Value. While the Business Value of a project is always implicit, it is often not clearly defined at the start of a project and even less often measured after the project’s completion. It should be clear that, in the absence of this definition and measurement, we are deprived of knowing the true value of a project to the organization that commissioned it. What may not be clear is that the definition and measurement of Business Value have deep implications for some of the most fundamental concepts in project management.
The Solution
This advanced project management workshop guides participants through an in-depth discussion of the implications of Business Value for project definition, our understanding of the goals and practice of project management, and the role of the project manager. Seen through the lens of Portfolio Management (PPM), our profession takes on a whole new dimension that is currently not fully appreciated. Participants leave with a new set of concepts and tools that can be applied to any project.
Who should attend
This advanced PM workshop will be of value to project and program managers, PMO and portfolio management staff, anyone who requests that projects be done, and senior executives who are concerned with fulfillment of Business Strategy.
Learning Objectives – Understand the following:
- Perspectives: What is a Project?
- Project versus product lifecycle
- Importance and timing of Business Value
- Every project is an investment – the PPM perspective
- Implications for our definition of project success
- A Business Value view of project management practice
- Project Objectives versus Business Objectives – assigning accountability
- Rethinking the role of Project Sponsor
- Implications for the role of Project Manager
- Transition – Making product delivery happen
- Current project practices that cause trouble
- Managing projects to optimize gain
- Business Value drives Best Practices - Five Steps you can take now
Learning Approach
- A highly experienced instructor will use interactive lecture format, hands on exercises and group discussions 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.
- If you have modest project management knowledge, you will find that the clarity of the material and direct presentation style of the instructor will make the subject matter easy to understand.
- 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?
- This course explains how to ensure that Business Value is fully considered throughout the life of a project and beyond. As a result, your organization is more likely to get what it wants from its projects.
- Attendees take home a whole new set of best practice, tools and techniques that can make them more effective in their work.
- Learn what you can do to enhance the Business Value that your projects deliver.
Every course and workshop in our Project Training program is fully customizable. We can deliver the training program you need onsite and at an attractive discount. Call us toll free in the US at 1.800.877.8129, or +1.919.495.7371 International.
All Project Management training courses from CVR/IT Consulting are fully compliant with the latest release of each relevant PMI® standards document such as the PMBOK®, Standard for Portfolio Management, and others.
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Course Information
Course ID: 7056
Duration: Half Day
Class size: 6 to 40
Includes:
· 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.
Discounts for New Customers!
For a limited time, first-time customers will receive a 20% discount on the cost of any course or workshop. Click here for details.
Announcing 30% off any second course!
For a limited time, any customer can receive a 33% discount on the second of two courses or workshops. Click here for details.
Public Session Training
Many of our workshops are available in public sessions at training facilities around the US. Check out Fast Lane, our partners in training.
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