Developing Your Project Business Savvy
Day 1
Project management as a business function
- Examining business-savvy project management and why it is important
- Exploring how finance and accounting are tied to project management
- Understanding organizational cost management — budgeting, funding, costing
- Working with the core elements of organizational management — strategy
- Examining Enterprise Project Management — selecting, prioritizing, resourcing
- Developing solid business cases and improving existing business cases
- Working with the business case process, sponsors and finance staff
Day 2
Applying financial management at the project level
- Examining the project cost vs. benefits process
- Preparing project cash flow analysis using different models
- Performing a project financial analysis using four critical metrics
- Integrating risk management with project decision-making
- Performing a sensitivity analysis
- Applying what you learned to a project
Day 3
Managing the business expectations of a project
- Preparing the financials for a project scope change
- Making effective presentations to executives
- Managing other project-related financial issues
- Tracking tangible and intangible actual benefits after project completion
- Addressing the behavioral side of being business-savvy
- Applying the main things you learned back at your workplace
Schedule
Evening before course — 5:30 – 7:00 p.m. Optional dinner for those arriving early
Days 1 and 2 — 8:00 a.m. – 5:00 p.m. Session
Day 3 — 8:00 a.m. – 3:00 p.m. Session