Auditing and Monitoring of Projects

Management needs to ensure that the correct work is being performed throughout the entire life-cycle of a project. 

About this Course

  • As business and organizational environments become increasingly complex, work initiatives must be controlled effectively. Management needs to ensure that the correct work is being performed throughout the entire life-cycle of a project. How many times have we encountered situations where project timelines and budget overruns have occurred? Furthermore, what happen when the reasons that motivated the selection of
    a project has altered – are projects set up to recognize that they must alter their requirements and deliverables to meet changing stakeholder needs? Effective management of these situations is achieved through the application of control mechanisms that include ongoing monitoring of project performance and effective governance structures that support clear reporting to
    senior decision-makers.
  •  This interactive, applications -driven 5-day training course will prepare delegates to recognize the need for effective control mechanisms and how to apply these mechanisms using standard tools and techniques.

At the end of this training course, you will learn to:


• Establish clear project governance structures that
support the involvement of senior management and
enable effective reporting and control of “the big
picture”
• Engage effectively with stakeholders in order to
manage expectations around project objectives
• Develop key baseline plans that can be used to
control project progress
• Control project execution by using standard
monitoring and change management practices
• Propose the emergent adaptive project lifecycle in
volatile environments where effective control is
difficult to achieve using the traditional predictive
lifecycle approach

  • Usage of charters to control project selection, approval and sponsor/pm alignment
  • Development of key plans in order to establish the fundamental controlling structure of the triple constraints: Scope, Time and Budget
  • Using baseline plans and the triple constraints to control project change
  • Overview of the adaptive life cycle used to control very volatile situations
  • Effective project progress reporting using the Earned Value Management system
  • The facilitator will introduce each of the core
    topics using a lecture format. Presentations are
    supported by reinforcement exercises related to case studies to emphasize the application of theory in real-world project settings. Delegates explore the fundamentals of project management so that they may appreciate how a project management framework supports effective control processes. The training course then explores specific practices used to control a project throughout its lifecycle

The Applying Project Control training course helps organizations to benefit from:

•Excelling in project management practice and increasing organizational maturity
•Equipping employees in refining abilities for project leadership and management
•Becoming more flexible and adaptive by using different project lifecycles
•Gaining confidence from customers by having project professionals capable of applying consistent generally accepted project management techniques
•Improved governance using clear reporting structures
•Reduction in project overruns through consistent control mechanisms

Participants will benefit from:

•Introduction to project management fundamentals, methodologies and benefits
•A clear grasp of why it is vital to engage with senior management
•Detailed understanding of the criticality of effective project initiation techniques
•Knowing how to build an integrated project plan
•Being able to immediately apply key project management tools and techniques
•Introduction to the PMI PMBOK® standard which will support any future endeavors in pursuing the widely recognized CAPM® and PMP® certifications

DAY 1
Project Fundamentals -Controlling Project Startup

•Characteristics of Projects
•Fundamentals of Project Management
•Project Governance -controlling project selection
•Project Governance -controlling project commencement using the charter
•Controlling Understanding -effective kickoff with the project team


DAY 2
Controlling the Timeline

•Controlling the Project Outputs -requirements collection practices
•Controlling the Project Deliverables -requirements specifications
•Controlling the Project Work -work breakdown structures
•Controlling the Timeline -apply dependencies
•Controlling the Timeline -critical path management

DAY 3
Controlling Budget Overruns

•Developing the Project Budget
•Understanding Uncertainty -Risk Planning
•Managing Project Risks
•Budget Reserve Management


DAY 4
Monitoring and Reporting Project Progress

•Controlling Project Communications
•Variance Analysis using Earned Value Management
•Forecasting Overruns
•Variance Management through Baselines and Change Management
•Effective Progress Reporting

DAY 5
Appropriate Controlling Mechanisms

•Controlling Project Close-out
•Concerns of Traditional Project Management
•Adaptive Project Life cycle -SCRUM
•The SCRUM Roles and Responsibilities
•Core SCRUM Practices

Team of engineers working in robotic factory monitoring the project on the tablet

 4850 USD

About this course:
Venues

Cairo, Bahrain, Dubai & Oman

Duration:

5 Days

Date

1st Feb 2024

Course Details Files:

Click to Check PDF

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