Advanced Project Management

Our course will help you gain confidence in project management with modern techniques and enhance your skills in planning, execution, monitoring and control, problem solving.  

This intensive online course is created to cover the domain of project management, including both practical and theoretical areas. It will explore the nature of managing projects in uncertain environment, concentrating on the points that every project manager needs to know to stay on top of. 

We will focus on real-life business cases to provide industry insights and learn project management frameworks.     

Nowadays companies are seeking to cut costs and increase efficiency. In the current challenging business environment, it is critical to know how money works in projects. That’s why the problem of selecting, managing, and delivering the right projects has never been more important.  

Advanced Project Management is a cornerstone in reaching companies’ strategic goals, it provides the investment effectiveness from the idea to project close-out.  

It is also a key element to ensure that companies are ready to adapt to the future challenges and this course will help you improve skills in managing projects in your organization. 

The course includes six modules each of them comprises two or three topics to study. 

Module 1. Basic concepts of Project Management.   

Topics:   

• Definition of projects and processes  

• Terms of success and failure  

• Stakeholders and how to work with them  

What will you learn:  

• Project definition and how to distinguish it from the process 

• How to make project work and avoid failure, factors that contribute to project overall success 

• Who are project stakeholders and their roles, how to communicate so that they do not interfere with the project, but help? 

Module 2. Waterfall methodology   

Topics:   

• Classic approaches to Project Management: Waterfall model  

• Specifics of project's stages  

What will you learn:  

• Project path in Classic approach and why it is called the Waterfall 

• What is requirement gathering, analysis, design, implementation, and control 

• Waterfall advantages 

Module 3. Agile  

Topics:  

• Projects in uncertain environment  

• Agile basics  

 What will you learn:  

• The Big Bang deployment = Big risks  

• How to distinguish high uncertainty projects 

• Agile principles 

• Agile mindset  

• How to define in what environment Waterfall works and when it is risky 

• Iterative and incremental projects 

Module 4. Agile frameworks  

Topics:  

• Scrum  

• Kanban  

What will you learn:  

• Product backlog and Sprint backlog - creating a perfect product 

• Scrum process: main rituals and artefacts 

• Scrum roles. Who is Product owner, Scrum master and scrum team and why they might be called a Superheroes team?  

• Kanban and its evolution from auto industry to the IT 

• Kanban board: form a pipeline 

• Limitation on Work in Progress – let your tasks flow 

Module 5. Project economic efficiency  

Topics:  

• Definition of efficiency  

• Estimation of cashflow and importance of discounting  

• Effectiveness indicators: NPV, PI, IRR, DPP  

What will you learn:  

• Types of commercial efficiency 

• Cashflow and discounting and why time is important 

• Net Present Value and project efficiency 

• Profitability index 

• Discounted payback period 

• Internal rate of return 

• How to estimate the project efficiency in MS Excel 

Module 6. Project risk management  

Topics:  

• Definition of risk, types of risk  

• Qualitative and quantitative approaches  

• Risk register  

• Risk management within Agile