Severely plagued by the primary constraints of scope, time, quality and budget, projects have become key cornerstones of most private and public organizations. Its importance is made critical by the secondary challenge of optimizing the allocation of necessary inputs and resources, and the need for a seamless integration to meet pre-defined objectives. This project management seminar has been designed to provide an end-to-end overview of the project management process from the initiation of a project to closing. It will provide the tools and frameworks to help an individual, team, department or an organization navigate smoothly through each phase of a project while making it easy to identify issues that have the potential of jeopardizing the project’s objectives.
This program is powerfully packed, and would be analytically delivered to assist participants spot weaknesses in project packages, and to be able to select the best structure that will lead to a realistic “financial close”. On another hand, the seminar delves into the tough terrain of the most potent strategies that organizations can adopt to ensure the prompt recovery of their initial capital outlays. At the end of the sessions, it is expected that delegates would have developed the skills necessary to build risk identification and analysis systems that are able to tackle any project financing and capital recovery package.
A significant number of projects have been canceled or are seen as a failure because they ran too far over budget. This program is structured to present the participants with straightforward approaches to developing a cost baseline and setting up a cost tracking system so that the budget is well managed during the project’s lifecycle. The programme will cover: The PMI PMBoK global standard for managing projects, Estimating cost techniques, S-curves, Control accounts and change control, Earned Value Management, and recovery options.
Monitoring the progress and evaluating the outcomes of projects are vital management functions that help in decision-making related to intended impacts. This program outlines the core principles and components of Monitoring and Evaluation as well as providing guidelines, examples, and tools to utilize in formulating and carrying out an evaluation strategy. A key attribute of the program is that it is to guide project implementers in formulating and implementing an effective M&E strategy.
This seminar will emphasize awareness of project risk management to minimize project cost/schedule overruns & improve project execution. Delegates will work through the proactive approach to both sides of risk: threats and opportunities. The program provides practicing project managers, program managers, technical leaders and sponsors with the skills and knowledge to successfully manage risk throughout the project cycle.
Most organizations have come to realize that the management of tenders, specifications, and contracts must emerge as a critical core competency if they are to increase revenue. This program is designed to explore many of the best practices in the initial phases of contracting so that participants will be able to implement the steps needed to create maximum total value for their organization.
This 6-day symposium covers all the critical factors in project financing and identifies projects that are worth financing. Delegates will improve their knowledge on how to spot pitfalls in project finance structures and identify risks, credit, and funding criteria. Through practical exercises, delegates would learn sector-specific modeling and structuring protocols, build cashflow models from scratch, and explore political risk structuring. The symposium also includes guided tours of relevant projects in Dubai and Abu Dhabi for real-world exposure.