In a demanding regional and global commercial environment, mature firms concurrently manage a portfolio of initiatives. Choosing and ranking the ideal combination of projects to facilitate the implementation of strategies is the first step in the challenge. You should now integrate all the different project plans, such as the schedule, resources, costs and risks, into one master plan.
Even so, multitasking can cause certain problems that require fixing, since it reduces the team’s effectiveness. The project management course will define and analyze the cost planning process. At the Oxford training center, participants will be trained in cost-planning techniques and strategies in addition to learning how to use a range of technologies effectively.
Objectives and target group
Objective:
The following goals are intended to be accomplished by participants in the training course:
- Recognize the principles involved in overseeing several projects.
- Create and carry out integrated schedules and plans for several projects.
- Using dashboards and KPIs, report the integrated status to senior managers while monitoring performance and managing deviation during deployment.
- Reduce hazards and oversee interfaces that arise from overseeing several projects
- Enhance teamwork while multitasking and lessen its detrimental effects.
Target groups:
Professionals who manage several projects or have recently been elevated to such a role are the target audience for this training session.
- Middle management, program managers, and senior project managers
- Senior managers and portfolio managers
- Leaders and employees of the Enterprise Project Management Office (EPMO)
- Members of the team are working on several projects or multitasking
How will attendees benefit?
The PMI standards for portfolio, program, and project management are thoroughly covered in this very helpful managing multiple projects training course.
- In managing projects, programs and portfolios, you start, plan, carry out, monitor, control and close different tasks.
- This course will provide an overview of essential project management approaches and supply opportunities to use them in practice.
- A portfolio of projects, programs, and operational work that is more evenly distributed
- Program and project goals are in line with corporate objectives.
- Prioritize maximizing value
- Project and program plans are clearer, and coordination between projects is improved.
- Expanding their understanding of project management
Course Content
Choosing the ideal combination of initiatives
- Introduction and course goals
- Essential ideas in program, portfolio, and project management
- What makes managing several projects different?
- The Importance of Using a Portfolio Approach to Choose the Project Mix
- Recognizing, classifying, setting priorities, and balancing the project mix
- The Function of the Program Management Office (PMO) in Project Management
- Organizing and arranging several projects
Project organization and categorization
- The Work Breakdown Structure (WBS) and the Enterprise Project Structure (EPS)
- Organizing several projects at once
- Allocation of resources for several projects
- Multiple Projects’ Cost Breakdown Structure (CBS)
- Master Schedule Integrated (IMS)
- Managing risk in several projects
Multiple reporting and project control
- Overview of monitoring and controlling for choosing the best multi-project control system
- The function of earned value management (EVM) and Variance Analysis
- Issue Management for Several Projects
- Reporting EVM in a Multi-Project Setting
- Management Reporting Dashboards
Oversight and benefit management for several projects
- The distinctions between governance and management
- Organizational Project Management (OPM) and Organizational Governance Project Governance using the Governance stage gate approach
- Benefits analysis, identification, and planning delivery by using a variety of projects
- Benefits, transition, and advantages of maintenance