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Project Management Time-Cost-Quality and Project Objectives

Introduction :
Project is defined as a series of related jobs, or activities, or tasks usually directed toward some major output and requiring a significant period of time and cost to perform. The past several decades have been marked by rapid growth in the use of project management (PM) as means by which organizations achieve their set objectives.

Project management can be defined as the process of organising, planning, directing, coordinating and controlling of all project resources from inception to completion to achieve project objectives on time, within cost, and to required quality standards. It involves choosing the optimum position in relation to the success criteria. The PM discipline was developed and led to the formation of the Project Management Institute in the USA and the Association for Project Management (APM) in the UK in the 1960s. The APM produced its Body of Knowledge in 1988, and assisted greatly in the preparation of BS6079 in 1996 and ISO10006 in 1997.

The main goal of this course is to provide the participants with powerful tools that improve their ability to plan, implement, and control projects as well as the ways in which they could utilize people and optimize resources when managing, supervising, or implementing different types of projects.

Course Objectives :
Providing the participants with a review of project Management (PM) Benefits and its Challenges. Introducing to participants the business environment and how it relates to PM. Familiarising the participants with tools that are used in evaluation of projects such as; NPV, IRR, PI, CBR, etc. Providing the participants with appreciation of risks and how to implement a project successfully in a risky environment. Introducing to participants the different project organizations and structure designs. Providing the participants with understanding of team communication processes and Motivation. Providing the participants with the skills necessary to plan, monitor, and control projects time and costs with the use of PERT/CPM and other tools. Acquainting the participants with tools to use quality measures in carrying out projects.

Who Should Attend :
The short course is targeted at project managers, project engineers, and practicing engineers who are involved in the area of project management or its relevant disciplines. However, the course should also be of interest to other people who wish to develop their career in managing projects or interested in acquainting themselves with tools necessary to evaluate, plan, implement, and control projects successfully.

Course Modules and Topics :

This is a basic skeleton of the course contents. Participants will be given detailed notes and will be trained on carrying out calculations and budgeting.

Module 1: Introduction.
Definition of Project, Project Management, Benefits of Project Management, Challenges to Project Management, and History of Project Management.

Module 2: Project Financial Analysis.
Introduction, Financial Markets, NPV, Cash Flow, IRR, Compounding of interest, Perpetuity Analysis, Securities and Bonds, Payback Analysis, CBR, and Profitability Index.

Module 3: Project Risk Management.
Definition of Risk, Risk Handling, Types of Risk, Risk Management, Risk and Contracts, Basic Contract Theory, Variation Orders and Change Notices.

Module 4: The Project Team.
Project Manager, Project Team Processes, Team Staffing Profile and Operation, Team Evolution, Team Motivation, Team Communications, Team Stress, and Conflict Identification and Resolution.

Module 5: PM Structures and Standards.
Project Management Structures, Function Structure, Project Structure, Matrix Structure, Project Sponsor, Mixed Organisational Structure, Project Management Standards, APM, IPMA, and APM BoK.

Module 6: Project Time Planning and Control.
Project Time Planning, Project Life Cycle, Project Plan Data Sources, Top down strategic (TDS) approach, The Statement of Work (SOW), Work Breakdown Structure (WBS), Project Logic Evaluation (PLE), Draft Master Schedule (DMS), Programme Evaluation and Review Technique (PERT), Critical Path Method (CPM), Trade Off Analysis, Resource Scheduling, and Project Planning Software.

Module 7: Project Cost Planning and Control.
Project Cost Planning, Cybernetic Control, Analogue Control, Feedback Control, Types of Costs, Life Cycle Costs, The Project Cost Control, Project Cost Control System (PCCS), The Project Budget Plan, The PCCS Operating Cycle, Earned Value Analysis, and Report Types.

Module 8: Project Quality Management.
Quality Standards, The Quality Gurus, Deming, Juran, Crosby, Imai, The Quality Management, Quality Policy, Quality Objectives, Quality Assurance, Quality Control, Quality Audit, Quality Assurance Plan and Review, Total Quality Management, TQM Definition, TQM Structure, Advantages and Disadvantages of TQM Systems, Configuration Management, and Configuration Management System Components.

Computer Applications :
Microsoft Project 2013 will be used in the course.

Course Instructor :
Graduated with First Class Honours B.Eng. degree in Electrical and Electronic Engineering from University of Manchester, UK in 1994. He received his MBA degree from Edinburgh Business School, UK, in 1998. He then completed his M.Sc. in Electrical Power Engineering from University of Manchester Institute for Science and Technology (UMIST), UK in 1999. He completed his Ph.D. degree in Electrical Engineering from University of Manchester, UK in 2001. He worked for 12 years in oil and gas industry in major companies including Petroleum Development Oman and Shell UK as Senior Project Manager. He then joined Sultan Qaboos University in August 2002 as faculty member in the Department of Electrical and Computer Engineering. In addition to his academic duties, in the department, he was appointed as the Assistant Dean for Industrial Training and Alumni in the College of Engineering in 2006. In 2010 he was appointed as the Dean of Oman Maritime College. He has founded a number of successful companies to serve the needs of power system in Oman and the GCC region. He is currently the chairman of Albanah Group of Companies delivering a wide range of products and services including power system simulation softwares, hardwares, consultancies and technical and managerial training. His areas of interest include Power System Modelling and Simulation, Power System Protection, High Voltage Engineering, Privatization of Electrical Supply Industry, and Project Management. He has extensive experience in delivering training courses to senior managers and experienced engineers in public and privates sectors' organisations in the areas of Project Management, Power System Protection, and Power System Economics.

Dates and Venue :
The course duration is one week. Dates will announced.
If an organisation needs the course, in-house then arrangements can be made with administration.
Dates will then be mutually agreed.

Registration:
There are limited seats and attendants will be served on first come first served basis.
All registration details and fees are clearly given in the registration form.
The form can be downloaded from attachments of the links below.
For any query, please do not hesitate to contact us by email.
web@digsilent.me