Project Business Management
Balancing Business Issues with Technical Objectives
All too often the technical focus of the project overrides the business functions - the project becomes a technical success but is a business failure. Usually this is due to fragmented management of the business aspects of the project.
This course provides the understanding, techniques, tools and skills necessary to manage the balance between technical and business issues.
Cost, schedule and technical compliance are the hallmarks of a successful project. However, these three aspects are not easily balanced. Successful Project Managers must rely on the advice and support of both technical and business personnel in achieving the balance necessary to deliver on time, within budget, and as promised to the customer. Managing the business aspects of a project requires an understanding of the function and value of planning, costing, pricing, negotiating and cost, schedule status and control. This course is packed with practical information on managing the business aspects of a project.
This course is available in three and five-day formats. The three-day version is for participants that have already completed the prerequisite Advanced Project Management course. In addition to interactive lectures and discussions, exercises are used to provide experience in preparation of project work breakdown structures, project plans, analysis of overhead cost, project costing and pricing, the use of cost estimating in evaluating costs and performance measurement system design and use.
Who Should Attend
Anyone involved with the business aspects of a project. It is particularly valuable for personnel working in project business management, project managers with one to three years experience, and experienced project business managers who desire an update on the techniques, tools and skills associated with managing the business aspects of projects.
You Will Learn How To