Project Management in Practice

Course Objectives

Student will learn characteristics of project, concept of Initiating the project, difference between project, program and portfolio, Trainees will learn the importance of PM in most industries and businesses and to apply specific tools, models and processes. Moreover, Trainees will learn the Importance of applying these methodologies and tools at the four distinct stages in the Project’s life cycle. The Definition, Planning, Execution and Closing Phase


Course Main Topics

  • Project scope triangle

Project & Project Management life cycle:

  • Organizational structure
  • Difference between project and project management life cycle
  • Scoping the project

Capital budgeting Techniques

  • Payback Period (PBP)
  • Net Present Value (NPV) 
  • Profitability Index (PI)
  • Practical Problems
  • Scheduling
  • Schedule management process Scheduling
  • Gantt Charts7.3: PERT / CPA
  • Basic Terminologies
  • AOA and AON Network Rules

Resource Allocations

  • Critical Path Method (CPM) Network
  • Critical Path, events, activities calculation
  • PERT distribution/three-point estimation technique
  • Practical Case

Project Human Resources Management Cost Management (Budgeting)                   

  • 9.4 SPI (Schedule Performance Index)
  • 9.5 BAC (Budget at Completion)      
  • With practical examples