Mastering Project Management Professional Certification Courses

Certified Advanced Project Management Professional - (PM 0)

Introduction:</h2>
Projects are the heartbeat of organizational growth and success, spanning all sectors and industries. The ability to lead a project efficiently from inception to completion is a highly sought-after skill. By opting for a strategic project management professional, you equip yourself with the knowledge and best practices to steer projects to successful outcomes.
Embarking on a Project Management Professional (PMP) Preparation Course is not just an educational journey. It's a strategic career move. Understanding the nuances of project coordination, risk management, and team leadership is essential in today's complex business environment.
This course prepares you for the PMP and equips you with the skills and understanding necessary to handle projects confidently and creatively. Discover why a project management course can be pivotal in unlocking your potential and accelerating your career advancement.
<h2>Why Take a Project Management Course:</h2>
Project management skills can significantly impact your career trajectory, offering extensive benefits, including:
<ul>
<li>Gain Confidence: Develop the confidence to manage projects of all sizes and the professional insights needed for a career in project management.</li>
<li>Professional: Aim to be professional in project management PMP.</li>
<li>Career Opportunities: Understand the project management course benefits that can open doors to rapid promotion.</li>
</ul>
<h2>Targeted Groups:</h2>
<ul>
<li>Associate Project Managers.</li>
<li>IT Project Managers.</li>
<li>Senior Project Managers.</li>
<li>Project Coordinators.</li>
<li>Project Analysts.</li>
<li>Project Leaders, Team Leaders</li>
<li>Product Managers, Program Managers</li>
<li>Project Sponsors and Project Team Members</li>
<li>Individuals aiming for the PMP Course.</li>
</ul>
<h2>Course Objectives:</h2>
Upon completing this robust project management training course, participants will:
<ul>
<li>Gain an overview of the Risk Management Process.</li>
<li>Identify risks affecting project quality, time, schedule, cost, and scope.</li>
<li>Apply valuable techniques to identify, analyze, mitigate, and monitor risks throughout the project life cycle.</li>
<li>Discover how to create an effective risk monitoring plan and risk management strategies.</li>
<li>Use a practical, six-step process to manage project risk.</li>
<li>Develop a risk budget based on Expected Monetary Value (EMV).</li>
<li>Become an expert in project management practice.</li>
<li>Apply best project management practices relevant to diverse projects across multiple industries.</li>
<li>Obtain the project management course benefits that lead to rapid promotions.</li>
</ul>
<h2>Targeted Competencies:</h2>
Upon completing this robust project management professional training, participants' competencies will:
<ul>
<li>Project Management.</li>
<li>Project Planning.</li>
<li>Project Controlling and Leading.</li>
<li>Risk Management.</li>
<li>Cost Control.</li>
<li>Project Communication.</li>
<li>Scope Management.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1- Project Integration Management:</h3>
<ul>
<li>Develop Project Charter.</li>
<li>Develop a Project Management Plan.</li>
<li>Direct and Manage Project Work.</li>
<li>Manage Project Knowledge.</li>
<li>Monitor and Control Project Work.</li>
<li>Perform Integrated Change Control.</li>
<li>Close Project or Phase.</li>
</ul>
<h3>Unit 2- Project Scope Management:</h3>
<ul>
<li>Plan Scope Management.</li>
<li>Collect Requirements.</li>
<li>Define Scope.</li>
<li>Create WBS.</li>
<li>Validate Scope.</li>
<li>Control Scope.</li>
</ul>
<h3>Unit 3- Project Stakeholders Management:</h3>
<ul>
<li>Identify Stakeholders.</li>
<li>Plan Stakeholder Engagement.</li>
<li>Manage Stakeholder Engagement.</li>
<li>Monitor Stakeholder Engagement.</li>
</ul>
<h3>Unit 4- Project Schedule Management:</h3>
<ul>
<li>Plan Schedule Management.</li>
<li>Define Activities.</li>
<li>Sequence Activities.</li>
<li>Estimate Activity Durations.</li>
<li>Develop Schedule.</li>
<li>Control Schedule.</li>
</ul>
<h3>Unit 5- Project Cost Management:</h3>
<ul>
<li>Plan Cost Management.</li>
<li>Estimate Costs.</li>
<li>Determine Budget.</li>
<li>Control Costs.</li>
</ul>
<h3>Unit 6- Project Quality Management:</h3>
<ul>
<li>Plan Quality Management.</li>
<li>Manage Quality.</li>
<li>Control Quality.</li>
</ul>
<h3>Unit 7- Project Human Resource Management:</h3>
<ul>
<li>Plan Resource Management.</li>
<li>Estimate Activity Resources.</li>
<li>Acquire Resources.</li>
<li>Develop Team.</li>
<li>Manage Team.</li>
<li>Control Resources.</li>
</ul>
<h3>Unit 8- Project Communications Management:</h3>
<ul>
<li>Plan Communications Management.</li>
<li>Manage Communications.</li>
<li>Monitor Communications.</li>
</ul>
<h3>Unit 9- Project Risk Management:</h3>
<ul>
<li>Plan Risk Management.</li>
<li>Identify Risks.</li>
<li>Perform Qualitative Risk Analysis.</li>
<li>Plan Risk Responses.</li>
<li>Implement Risk Responses.</li>
<li>Monitor Risks.</li>
</ul>
<h3>Unit 10- Project Procurement Management:</h3>
<ul>
<li>Plan Procurement Management.</li>
<li>Conduct Procurements.</li>
<li>Control Procurements.</li>
</ul>
<h3>Unit 11- Sustainability:</h3>
<ul>
<li>Definition, global context, and international sustainability frameworks.</li>
<li>Actors of change, environment, and climate change.</li>
<li>Inclusive economic growth, sustainability, and sustainable finance.</li>
<li>Sustainability measurement and reporting.</li>
</ul>
<h2>Conclusion:</h2>
Whether you are assessing the myriad of project management courses for a tactical crash course or seeking specialized, creative project management training, our comprehensive preparation aptly melds strategic content with real-world application. Take that pivotal step towards being a project management professional today.">

Lisbon (Portugal)

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Project Cost Estimating, Budgeting, and Value Engineering Skills - (PM 2033)

Introduction:</h2>
The decision to proceed with a project is often based almost exclusively on early conceptual cost estimates, and these estimates provide the basis for the cash flow projections and budget forecasts used during the project feasibility study.
Unreliable cost estimates can result in significant cost overruns later in the project life when it is too late to contain them. As potential projects are considered, management not only requires cost estimates of high accuracy but also seeks opportunities to reduce lifecycle costs, improve budget accuracy, and optimize whole-life project value.
Determining which estimation method to use at each stage of project development depends on the information available during preparation and its desired accuracy. Besides, decisions regarding optimizing project costs without sacrificing quality or functionality depend on using systematic and logical procedures and techniques to enhance the whole-life project value.
This project cost estimation course will provide the delegates with the necessary skills for accurately estimating the total cost of their proposed projects, eliminating unnecessary expenses, linking cost estimates to selected procurement methods, and enhancing the overall value of project delivery.
The project cost estimation course offers a series of estimating techniques and processes to forecast accurately the anticipated costs of projects with a focus on budget estimates, estimates for pre-construction services, estimating contractor and subcontractor work, estimating general conditions, pricing self-performed work, estimating negotiated contracts and performing lump-sum and unit-price estimates.
The project cost estimation course also presents the value engineering methodology, emphasizing the return-on-investment aspect of decision-making regarding lifecycle costs during project planning, procurement, and execution. This methodology can identify alternative ideas/solutions to produce the client's best value requirements at any project phase.
This project cost estimation course significantly enhances cost estimating, budgeting, creative thinking, problem-solving, and informed decision-making skills within the project management context.
<h2>Targeted Groups:</h2>
<ul>
<li>Project managers.</li>
<li>Project cost estimators.</li>
<li>Cost controllers.</li>
<li>Project planners.</li>
<li>Contract professionals.</li>
<li>Project procurement staff.</li>
<li>Anyone interested in project initiation, project estimation budgeting, and development.</li>
</ul>
<h2>Course Objectives:</h2>
At the end of this project cost estimation course, the participants will be able to:
<ul>
<li>Gain knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate.</li>
<li>Understand the different types of estimates used to accurately and progressively estimate project costs.</li>
<li>Understand the different types of contracts based on the distribution of risk between contracting parties.</li>
<li>Apply incentive arrangements to get the best results from the agreement.</li>
<li>Understand the fundamental concepts of Value Engineering and Analysis.</li>
<li>Understand how value engineering supports effective project management by providing a continuous thread of good practice throughout the project development.</li>
<li>Appreciate the level and nature of the information needed to develop a project scope.</li>
<li>Gather and organize information and costs relevant to critical elements of the project.</li>
<li>Learn how to capture and incorporate stakeholders' input in developing the project charter.</li>
<li>Report effectively to top management and project stakeholders in the context of proposing alternatives that improve the overall project value.</li>
<li>Demonstrate proficiency in applying life cycle costing principles.</li>
<li>Present a convincing case in support of specific project alternatives.</li>
<li>Integrate all relevant project elements into a cohesive and comprehensive cost estimate.</li>
<li>Prepare budget estimates that will enable the owner-organization to make informed decisions as to the feasibility of a potential project.</li>
<li>Compare the costs of alternative strategies or technical approaches to ensure the most economical project at the desired level of quality.</li>
<li>Structure the contract compensation arrangement to provide the highest incentives to complete the project on schedule and within the determined budget.</li>
<li>Keep accurate control of the progressive budgeting process based on the various design stages.</li>
<li>Prepare accurate budget estimates through the programming phase, the schematic design phase, and finally, the design development phase</li>
<li>Compare the costs of alternatives to ensure the most economical project at the desired level of quality.</li>
<li>Understanding the most appropriate contracting structure to ensure the desired project results</li>
<li>Apply proper risk analysis to mitigate risks at minimal costs effectively and to determine appropriate contingencies for residual risks.</li>
<li>Obtain the skills required to prepare and manage the bidding process.</li>
<li>Prepare lump-sum, unit-price, cost plus, and time-and-materials estimates and contracts.</li>
<li>Keep accurate control of the progressive budgeting process based on the various design stages.</li>
<li>Manage the interface between many value-adding project phases and management expectations.</li>
<li>Apply systematic and innovative methodology with a multi-disciplinary approach to achieve better value and project cost optimization.</li>
</ul>
<h2>Targeted Competencies:</h2>
At the end of this project cost estimation course, the target competencies will be able to:
<ul>
<li>Skill and confidence to estimate project costs accurately and sidestep the most common cost-estimating pitfalls and problems.</li>
<li>Developing an initial project budget for the owner.</li>
<li>Determining project feasibility.</li>
<li>Preparing bids and cost proposals.</li>
<li>Determining the cost impacts of change orders.</li>
<li>Preparing a schedule of values.</li>
<li>Creating historical cost databases to improve future estimating accuracy.</li>
<li>Bringing value engineering into the organization's project initiation and planning processes.</li>
<li>Evaluating alternatives based on their cost and actual value throughout the project lifecycle.</li>
<li>Identifying major roadblocks to thinking creatively about project challenges and ways to mitigate them.</li>
<li>Assess the results of a brainstorming session to develop the best value-adding scenario for the project.</li>
</ul>
<h2>Course Content:</h2>
<h3>Unit 1: Cost Estimating Basics</h3>
<ul>
<li>The estimated life cycle.</li>
<li>Phases of the design process:</li>
<ul>
<li class="ql-indent-1">Programming phase.</li>
<li class="ql-indent-1">Schematic design.</li>
<li class="ql-indent-1">Design development.</li>
<li class="ql-indent-1">Construction documents.</li>
</ul>
<li>Estimating accuracy by phase.</li>
<li>Conceptual cost estimates.</li>
<li>Rough order of magnitude estimates (broad scope estimates).</li>
<li>Assemblies cost estimates.</li>
<li>Cost indices.</li>
<li>Semi-detailed estimates (narrow scope estimates).</li>
<li>Definitive estimates (detailed scope estimates).</li>
<li>Basic procedures.</li>
<li>Lump-sum contracts.</li>
<li>Unit-price contracts.</li>
<li>Cost-plus contracts.</li>
<li>Cost-plus contract with the Guaranteed Maximum Price (GMP).</li>
<li>Time-and-materials contracts.</li>
<li>Bid method.</li>
<li>Negotiated method.</li>
<li>Quantity take-off.</li>
<li>Types of construction contracts.</li>
<li>Procurement methods.</li>
<li>Pre-construction services.</li>
<li>Risk analysis and contingencies.</li>
</ul>
<h3>Unit 2: Broad Scope Cost Estimating Techniques:</h3>
<ul>
<li>Adjustments to project cost for broad scope estimates.</li>
<li>PERT project cost analysis.</li>
<li>PERT unit cost estimates.</li>
<li>Formulae for cost estimating.</li>
<li>The standard distribution curve.</li>
<li>Z-value table.</li>
<li>The probability of project completion within budget.</li>
<li>Estimating project unit cost by using the standard deviation.</li>
<li>Evaluating the project unit cost at a required probability.</li>
<li>The likelihood of completing the project at a required cost.</li>
<li>PERT vs. standard deviation and Z-values.</li>
<li>Adjustments to estimates based on previous projects.</li>
<li>Adjustments for time.</li>
<li>Review: Future value of money.</li>
<li>Review: Present value of money.</li>
<li>Equivalent annual interest rate.</li>
<li>Index to adjust for time.</li>
<li>Equivalent compound interest.</li>
<li>Location index for construction.</li>
<li>Adjustments for location.</li>
<li>Adjustments for size.</li>
<li>Combined adjustments.</li>
<li>Economic price adjustment.</li>
<li>Estimating durations based on the learning curve effect.</li>
<li>Estimating costs based on the learning curve effect.</li>
<li>Unit-cost adjustments.</li>
<li>Learning curves.</li>
</ul>
<h3>Unit 3: Budget Estimating Process:</h3>
<ul>
<li>Estimating by design phase.</li>
<li>Programming budget estimates.</li>
<li>Schematic design budget estimates.</li>
<li>Design development budget estimates.</li>
<li>Estimating pre-construction services.</li>
<li>Request for proposal.</li>
<li>Development of pre-construction services estimate.</li>
<li>Pre-construction services contract.</li>
<li>Budget control log.</li>
</ul>
<h3>Unit 4: Bid Contract Estimating Process:</h3>
<ul>
<li>Pre-estimate activities:</li>
<ul>
<li class="ql-indent-1">Estimating process.</li>
<li class="ql-indent-1">Solicitation of lump-sum bids.</li>
<li class="ql-indent-1">Order-of-magnitude estimates.</li>
<li class="ql-indent-1">Work breakdown structure.</li>
<li class="ql-indent-1">Estimating team.</li>
<li class="ql-indent-1">Scheduling the estimating work.</li>
<li class="ql-indent-1">Subcontractors and major suppliers.</li>
<li class="ql-indent-1">Estimating forms.</li>
<li class="ql-indent-1">Accuracy and error prevention.</li>
</ul>
<li>Pricing self-performed work.</li>
<li>Recap sheet.</li>
<li>Materials.</li>
<li>Labor.</li>
<li>Applying pricing factors.</li>
<li>Summary recap.</li>
<li>Subcontractor work.</li>
<li>Project summary schedule.</li>
<li>Alternative techniques.</li>
<li>Elements of the estimate of the general condition.</li>
<li>Final document review.</li>
<li>Completing the bid summary.</li>
<li>Final mark-ups.</li>
<li>Sales tax.</li>
<li>Validating the estimate.</li>
<li>Estimating subcontractor work.</li>
<li>Estimating general conditions.</li>
<li>Completing the estimate.</li>
</ul>
<h3>Unit 5: Unit Price Estimates:</h3>
<ul>
<li>Unit price bid forms.</li>
<li>Direct cost estimation:</li>
<ul>
<li class="ql-indent-1">Materials.</li>
<li class="ql-indent-1">Labor.</li>
<li class="ql-indent-1">Indirect labor.</li>
<li class="ql-indent-1">Subcontractors.</li>
<li class="ql-indent-1">Recap summary sheet.</li>
<li class="ql-indent-1">Direct-to-indirect cost factor.</li>
</ul>
<li>Mark-up determination.</li>
<li>Variation-in-quantity contract provision.</li>
<li>Risk analysis.</li>
<li>Bid finalization.</li>
</ul>
<h3>Unit 6: Negotiated Contract Estimating:</h3>
<ul>
<li>Guaranteed maximum price estimates:</li>
<ul>
<li class="ql-indent-1">Contract procurement process.</li>
<li class="ql-indent-1">Documents.</li>
<li class="ql-indent-1">Strategies.</li>
<li class="ql-indent-1">Estimating process.</li>
<li class="ql-indent-1">Contingencies.</li>
</ul>
<li>Fee determination for negotiated contracts.</li>
<li>Reimbursable versus non-reimbursable costs.</li>
<li>Home office overhead.</li>
<li>Risk evaluation.</li>
<li>Fee structure.</li>
<li>Cost savings split.</li>
<li>Strategies for responding to the request for proposal.</li>
<li>Documents are to be included with the request for proposal.</li>
<li>General contractor interview and selection process.</li>
<li>Negotiated subcontracts.</li>
<li>Cost proposals for negotiated contracts.</li>
</ul>
<h3>Unit 7: Contract Types and Compensation Arrangements:</h3>
<ul>
<li>Risk distribution in contracting.</li>
<li>Project risk profiles.</li>
<li>Contract types according to risk distribution.</li>
<li>Fixed price contracts:</li>
<ul>
<li class="ql-indent-1">Firm fixed price.</li>
<li class="ql-indent-1">Fixed price with economic adjustment.</li>
</ul>
<li>Incentive contracts.</li>
<li>Fixed price incentive.</li>
<li>Cost plus incentive.</li>
<li>Cost reimbursement.</li>
<li>The cost plus the award fee.</li>
<li>Cost plus a fixed fee.</li>
<li>Cost-plus contracts.</li>
<li>Time-and-materials.</li>
</ul>
<h3>Unit 8: Narrow Scope Cost Estimating Techniques:</h3>
<ul>
<li>Power-sizing techniques (capacity ratios).</li>
<li>Factor estimates.</li>
<li>Cost Estimating Relationships (CER).</li>
<li>Design-to-cost-estimates.</li>
<li>Target cost estimates.</li>
<li>Adjusting for project type and quality level.</li>
<li>Features determining the quality level (Grade) of a structure.</li>
<li>Adjusting for quality level by using a costing publication.</li>
<li>Economic constraints.</li>
<li>Parametric cost estimating.</li>
<li>Analysis of estimating accuracy.</li>
</ul>
<h3>Unit 9: Framework for Applying Value Engineering in Projects:</h3>
<ul>
<li>What is value engineering? Why is it important?</li>
<li>Defining value engineering concepts and principles.</li>
<li>Purpose of value engineering and value analysis.</li>
<li>Strengths and weaknesses of value engineering.</li>
<li>How and when is value engineering applied?</li>
<li>Project definition and initiation.</li>
<li>Project scope and charter development.</li>
<li>Lifecycle costing techniques.</li>
<li>Project stakeholders analysis and management.</li>
<li>Identifying relationships between value, cost, and worth.</li>
<li>Initiating Value engineering process.</li>
<li>Overview of different value engineering phases.</li>
<li>The information phase - steps and procedures.</li>
<li>Developing a value engineering job plan.</li>
</ul>
<h3>Unit 10: The Function Analysis Phase - Expressing Project Functional Needs and Constraints:</h3>
<ul>
<li>The need for function analysis in projects.</li>
<li>Defining project constraints - relationships and tradeoffs.</li>
<li>Conceptual project cost estimating techniques.</li>
<li>Function-cost-worth analysis.</li>
<li>Developing FAST diagrams to identify critical project components.</li>
<li>The technical FAST model to perform project value analysis</li>
<li>Case study.</li>
<li>Cross-functional project team approach.</li>
</ul>
<h3>Unit 11: The Creative Phase - Inspiring Creativity in Your Project Team:</h3>
<ul>
<li>Creativity and Creative thinking within the project environment.</li>
<li>Individual vs. group thinking to improve the quality of project decisions.</li>
<li>Creativity techniques are applied to optimize project value.</li>
<li>Blocks to creativity within the project team.</li>
<li>Brainstorm project solutions.</li>
<li>Reaching consensus and leveraging the power of project team collaboration.</li>
<li>Project risk perception and identification.</li>
<li>Project prioritization process using the "Delphi" technique.</li>
<li>The use of force-field analysis in project problem-solving.</li>
<li>Output of the creative phase.</li>
</ul>
<h3>Unit 12: The Evaluation Phase -Making Informed Project Decisions:</h3>
<ul>
<li>Project ideas screening.</li>
<li>Project evaluation methods.</li>
<li>Quantitative evaluation using objective data.</li>
<li>Subjective evaluation – project-related criteria weighting.</li>
<li>Revisiting project lifecycle costing analysis.</li>
<li>Incorporating inflation in project economic analysis.</li>
<li>Performing project risk and scenario analyses.</li>
<li>Risk lifecycle simulation modeling - best and worst project cost scenarios.</li>
<li>Pitfalls associated with the use of existing financial models.</li>
<li>Incremental benefit-cost analysis for project evaluation.</li>
<li>Effective decision-making in a project environment.</li>
<li>Output of the evaluation phase.</li>
</ul>
<h3>Unit 13: The Planning and Reporting Phases -Getting Results through Effective Communication:</h3>
<ul>
<li>Develop and assess VE proposals to optimize project value.</li>
<li>Develop action plans and assign project roles and responsibilities.</li>
<li>Report VE of findings to senior management and project stakeholders.</li>
<li>Mastering oral presentation techniques and interpersonal skills.</li>
<li>Strategies for project plan execution.</li>
<li>Incorporating VE into the early project phases.</li>
<li>Integrating VE with continuous improvement techniques.</li>
</ul>">

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Project Planning, Scheduling & Cost Estimating Skills Course - (PM 2035)

Introduction to Project Planning, Scheduling, and Cost Estimating Course:</h2>
The late delivery of projects has become the scourge of project professionals worldwide. Countless projects undertaken by organizations in the private and public sectors significantly overrun the project schedule and budget and, as a consequence, fail to achieve the organization's financial and strategic objectives, often with sizable increases in costs and substantial economic losses to the organization. Why?
This project planning, scheduling, and cost estimating training course is due mainly to the failure of many project professionals to successfully apply modern project planning, scheduling, and control tools to their projects. Likewise, the development of reliable cost estimates during the design and early conceptual stages of a proposed project is of critical importance to the success of the project.
The decision to proceed with a project is often based almost exclusively on early conceptual cost estimates, and these estimates provide the basis for the cash flow projections and forecasts used during the project feasibility study. Unreliable cost estimates can result in significant cost overruns later in the project life when it is too late to contain them.
In addition to the potential financial losses suffered by the organization, many such projects fail to deliver the required quality of outcomes intended for the project as a direct consequence of poor estimating. Budgeting inaccuracies inevitably result in lower-quality workmanship and materials.
The estimating techniques and processes covered in this project planning, scheduling, and cost estimating training course will provide delegates with the necessary skills to forecast accurately the anticipated costs of projects with a focus on budget estimates, estimates for pre-construction services, estimating contractor and subcontractor work, estimating general conditions, pricing self-performed work, estimating negotiated contracts, and performing lump sum and unit-price estimates.
This project planning, scheduling, and cost estimating training course will significantly enhance the skills and knowledge of delegates and improve their ability to properly plan and schedule their projects, perform estimates at both the conceptual and detailed levels, and compare feasible alternatives quickly and efficiently.
<h2>Targeted Groups:</h2>
<ul>
<li>Project managers.</li>
<li>Project cost estimators.</li>
<li>Cost controllers.</li>
<li>Project planners.</li>
<li>Contract professionals.</li>
<li>Project procurement staff.</li>
<li>This project planning, scheduling, and cost estimating training course is for individuals interested in project initiation, project estimating and budgeting, and development.</li>
</ul>
<h2>Course Objectives:</h2>
At the end of this project planning, scheduling, and cost estimating training course, the participants will be able to:
<ul>
<li>Integrate scope, time, resources, and cost management into a dynamic, manageable plan.</li>
<li>Develop project network diagrams for CPM and advanced PERT calculations to identify schedule and cost risks.</li>
<li>Maintain continuous project performance and delivery control.</li>
<li>Estimate and allocate project costs and resources.</li>
<li>Measure, forecast, and control project performance by employing earned value techniques.</li>
<li>Accelerate the schedule when required by adverse circumstances.</li>
<li>Manage and mitigate schedule, cost, scope, and resource risks associated with the project.</li>
<li>Develop a line of balance schedules and velocity diagrams for repetitive or recurring work.</li>
<li>Benefit from the financial effects of the learning curve on routine work.</li>
<li>Develop a project recovery plan for budget and schedule overruns.</li>
<li>Produce clear and concise project progress reports.</li>
<li>Integrate all relevant project elements into a cohesive and comprehensive cost estimate.</li>
<li>Prepare budget estimates that will enable the owner-organization to make informed decisions as to the feasibility of a potential project.</li>
<li>Compare the costs of alternative strategies or technical approaches to ensure the most economical project at the desired level of quality.</li>
<li>Structure of the contract compensation arrangement to provide the highest level of incentives to complete the project on schedule and within the determined budget.</li>
<li>Keep accurate control of the progressive budgeting process based on the various design stages.</li>
<li>Prepare accurate budget estimates through the programming phase, the schematic design phase, and finally, the design development phase.</li>
<li>Understanding the most appropriate contracting structure to ensure the desired project results.</li>
<li>Apply proper risk analysis to mitigate risks at minimal costs effectively and to determine appropriate contingencies for residual risks.</li>
<li>Obtain the skills required to prepare and manage the bidding process.</li>
<li>Prepare lump-sum, unit-price, cost plus, and time-and-materials estimates and contracts.</li>
</ul>
<h2>Targeted Competencies:</h2>
At the end of this project planning, scheduling, and cost estimating training course, the target competencies will be able to:
<ul>
<li>Ability to deliver projects on time and within budget.</li>
<li>Understanding of what it takes to be a successful project manager.</li>
<li>Skill and confidence to plan and control projects successfully and sidestep the most common project management pitfalls and problems.</li>
<li>Appreciation of the philosophy, framework, standards, and approaches to the delivery of the projects.</li>
<li>Understanding and practicing effective project management techniques in completing and handing over projects.</li>
<li>Developing an initial project budget for the owner.</li>
<li>Determining project feasibility.</li>
<li>Designing the project within the owner's budget.</li>
<li>Evaluating alternative design concepts and project components.</li>
<li>Preparing bids.</li>
<li>Preparing cost proposals.</li>
<li>Establishing project budgets.</li>
<li>Determining the cost impacts of change orders.</li>
<li>Substantiating claims and resolving disputes.</li>
<li>Preparing a schedule of values.</li>
<li>Creating historical cost databases to improve future estimating accuracy.</li>
</ul>
<h2>Project Planning, Scheduling, and Cost Estimating Training Course Content:</h2>
<h3>Unit 1: Project Scope Planning and Definition (Fundamentals):</h3>
<ul>
<li>Scope planning.</li>
<li>Work Breakdown Structures (WBS).</li>
<li>Work packages.</li>
<li>Statement of Work (SOW) - technical baseline.</li>
<li>Scope execution plan.</li>
<li>Triple constraints - time, cost, and scope.</li>
<li>Project quality issues.</li>
<li>Project risk analysis.</li>
<li>Project deliverables.</li>
<li>Resource requirements.</li>
</ul>
<h3>Unit 2: Project Schedule Planning and Critical Path Method:</h3>
<ul>
<li>Precedence network diagramming.</li>
<li>Job logic relationship chart.</li>
<li>Critical path analysis.</li>
<li>Project float analysis.</li>
<li>Lead and lag scheduling.</li>
<li>Activity duration estimation.</li>
<li>Milestone charts.</li>
<li>Gantt chart - schedule baseline.</li>
<li>Project estimating processes.</li>
<li>Production and productivity planning.</li>
<li>Resource and cost allocation.</li>
</ul>
<h3>Unit 3: Resource Allocation and Resource Levelling:</h3>
<ul>
<li>Management of resources.</li>
<li>Planning and scheduling limited resources.</li>
<li>Resource allocation algorithms for resource prioritization.</li>
<li>Solving resource contention.</li>
<li>Resource leveling when project duration is fixed.</li>
<li>The "Brooks" method of resource allocation.</li>
<li>Increasing the workforce.</li>
<li>Solving interruptions to the schedule.</li>
<li>Scheduling overtime.</li>
</ul>
<h3>Unit 4: Accelerating the Project Schedule:</h3>
<ul>
<li>Circumstances requiring project acceleration.</li>
<li>Time-cost-scope trade-off.</li>
<li>Project time reduction.</li>
<li>Direct project costs.</li>
<li>Indirect project costs.</li>
<li>Options for accelerating the schedule.</li>
<li>Crashing the schedule - How?</li>
<li>Pre-accelerated schedule.</li>
<li>Developing a crash cost table.</li>
<li>Acceleration in practice.</li>
<li>The optimal acceleration point.</li>
<li>Gantt chart for an accelerated schedule.</li>
<li>Network activity risk profiles.</li>
<li>Additional considerations.</li>
<li>Multiple critical paths.</li>
<li>Project cost reduction.</li>
</ul>
<h3>Unit 5: Project Contingency Planning:</h3>
<ul>
<li>Program Evaluation and Review Technique (PERT).</li>
<li>Path convergence analysis.</li>
<li>Solving the path convergence problem.</li>
<li>Network risk profile types.</li>
<li>Normal distribution.</li>
<li>PERT, probability, and standard deviation formula.</li>
<li>Calculating the standard deviation.</li>
<li>The standard deviation for the critical path.</li>
<li>Z-values: The likelihood of project completion at a required date.</li>
<li>True critical path.</li>
<li>Network activity risk profiles.</li>
<li>Application: estimating project duration.</li>
</ul>
<h3>Unit 6: Line of Balance Scheduling - The Planning of Recurring Activities:</h3>
<ul>
<li>Preparing a line of balance schedule.</li>
<li>Velocity diagrams and linear scheduling.</li>
<li>Velocity diagram production rate calculations.</li>
<li>The linear sequence of activities is a series of velocity diagrams.</li>
<li>Balancing the schedule.</li>
<li>Calculations for a line of balance schedule.</li>
<li>Line of balance formulae.</li>
<li>Target units per week.</li>
<li>Determining crew size.</li>
<li>Actual rate of output.</li>
<li>Time to complete one activity.</li>
<li>Elapsed time for recurring activity.</li>
<li>The slope of the line from activity start to activity finish.</li>
<li>Balanced project schedule without buffers (Finish-Start).</li>
<li>Inserting buffers.</li>
<li>Comparison of unbalanced with balanced schedules.</li>
<li>Measuring planned progress on schedule.</li>
<li>Velocity diagram reflecting expected conditions.</li>
<li>Actual progress and work conditions.</li>
<li>Variable conditions.</li>
</ul>
<h3>Unit 7: Project Execution Management, Control and Reporting:</h3>
<ul>
<li>Progress tracking and monitoring.</li>
<li>Project cost management.</li>
<li>Earned value control process.</li>
<li>Schedule variances.</li>
<li>Cost variances.</li>
<li>Progress control charts - trend analysis.</li>
<li>Schedule and cost variance forecasting.</li>
<li>Labor management and cost control.</li>
<li>Materials management and cost control.</li>
<li>Earned value analysis.</li>
<li>Earned value reporting.</li>
</ul>
<h3>Unit 8: Project Recovery Plan Development:</h3>
<ul>
<li>Project variance analysis and quantification.</li>
<li>Schedule Performance Index (SPI).</li>
<li>Cost Performance Index (CPI).</li>
<li>Setting project scheduling and cost estimating control limits.</li>
<li>Project recovery data assessment.</li>
<li>Project scheduling and cost estimating recovery analysis.</li>
<li>Schedule and cost recovery plan.</li>
<li>Project recovery baselines and controls.</li>
</ul>
<h3>Unit 9: Cost Estimating Basics:</h3>
<ul>
<li>The estimated life cycle.</li>
<li>Phases of the design process.</li>
<li>Programming phase.</li>
<li>Schematic design.</li>
<li>Design development.</li>
<li>Construction documents.</li>
<li>Estimating accuracy by phase.</li>
<li>Conceptual cost estimates.</li>
<li>Rough order of magnitude estimates (broad scope estimates).</li>
<li>Assemblies cost estimates.</li>
<li>Cost indices.</li>
<li>Semi-detailed Estimates (narrow scope estimates).</li>
<li>Definitive estimates (detailed scope estimates).</li>
<li>Basic procedures.</li>
<li>Lump-sum contracts.</li>
<li>Unit-price contracts.</li>
<li>Cost-plus contracts.</li>
<li>Cost-plus contract with the Guaranteed Maximum Price (GMP).</li>
<li>Time-and-materials contracts.</li>
<li>Bid method.</li>
<li>Negotiated method.</li>
<li>Quantity take-off.</li>
<li>Types of construction contracts.</li>
<li>Procurement methods.</li>
<li>Pre-construction services</li>
<li>Risk analysis and contingencies</li>
</ul>
<h3>Unit 10: Broad Scope Cost Estimating Techniques:</h3>
<ul>
<li>Adjustments to project cost for broad-scope estimating.</li>
<li>PERT project cost analysis.</li>
<li>PERT unit cost estimates.</li>
<li>Formulae for cost estimating.</li>
<li>The standard distribution curve.</li>
<li>Z-value table.</li>
<li>The probability of project completion within budget.</li>
<li>Estimate project unit cost by using the standard deviation.</li>
<li>Evaluating the project unit cost at a required probability.</li>
<li>The likelihood of completing the project at a needed cost.</li>
<li>PERT vs. standard deviation and Z-values.</li>
<li>Adjustments to estimates based on previous projects.</li>
<li>Adjustments for time.</li>
<li>Review: Future value of money.</li>
<li>Review: Present value of money.</li>
<li>Equivalent annual interest rate.</li>
<li>Index to adjust for time.</li>
<li>Equivalent compound interest.</li>
<li>Location index for construction.</li>
<li>Adjustments for location.</li>
<li>Adjustments for size.</li>
<li>Combined adjustments.</li>
<li>Economic price adjustment.</li>
<li>Estimating durations based on the learning curve effect.</li>
<li>Estimating costs based on the learning curve effect.</li>
<li>Unit-Cost adjustments.</li>
<li>Learning curves.</li>
</ul>
<h3>Unit 11: Budget Estimating Process:</h3>
<ul>
<li>Estimating by design phase.</li>
<li>Programming budget estimates.</li>
<li>Schematic design budget estimates.</li>
<li>Design development budget estimates.</li>
<li>Estimating pre-construction services.</li>
<li>Request for proposal.</li>
<li>Development of pre-construction services estimate.</li>
<li>Pre-construction services contract.</li>
<li>Budget control log.</li>
</ul>
<h3>Unit 12: Bid Contract Estimating Process:</h3>
<ul>
<li>Pre-estimate activities.</li>
<li>Estimating process.</li>
<li>Solicitation of lump-sum bids.</li>
<li>Order-of-magnitude estimates.</li>
<li>Work breakdown structure.</li>
<li>Estimating team.</li>
<li>Scheduling the estimating work.</li>
<li>Subcontractors and major suppliers.</li>
<li>Estimating forms.</li>
<li>Accuracy and error prevention.</li>
<li>Pricing self-performed work.</li>
<li>Recap sheet.</li>
<li>Materials.</li>
<li>Labour.</li>
<li>Applying pricing factors.</li>
<li>Summary recap.</li>
<li>Subcontractor work.</li>
<li>Project summary schedule.</li>
<li>Alternative techniques.</li>
<li>Elements of the estimate of the general condition.</li>
<li>Final document review.</li>
<li>Completing the bid summary.</li>
<li>Final mark-ups.</li>
<li>Sales tax.</li>
<li>Validating the estimate.</li>
<li>Estimating subcontractor work.</li>
<li>Estimating General Conditions.</li>
<li>Completing the estimate.</li>
</ul>
<h3>Unit 13: Unit Price Estimates:</h3>
<ul>
<li>Unit price bid forms.</li>
<li>Direct cost estimation.</li>
<li>Materials.</li>
<li>Labor.</li>
<li>Indirect labor.</li>
<li>Subcontractors.</li>
<li>Recap summary sheet.</li>
<li>Direct-to-indirect cost factor.</li>
<li>Mark-up determination.</li>
<li>Variation-in-quantity contract provision.</li>
<li>Risk analysis.</li>
<li>Bid finalization.</li>
</ul>
<h3>Unit 14: Negotiated Contract Estimating:</h3>
<ul>
<li>Guaranteed maximum price estimates.</li>
<li>Contract procurement process.</li>
<li>Documents.</li>
<li>Strategies.</li>
<li>Estimating process.</li>
<li>Contingencies.</li>
<li>Fee determination for negotiated contracts.</li>
<li>Reimbursable versus non-reimbursable costs.</li>
<li>Home office overhead.</li>
<li>Risk evaluation.</li>
<li>Fee structure.</li>
<li>Cost savings split.</li>
<li>Strategies for responding to the request for proposal.</li>
<li>Documents are to be included with the request for proposal.</li>
<li>General Contractor interview and selection process.</li>
<li>Negotiated subcontracts.</li>
<li>Cost proposals for negotiated contracts.</li>
</ul>
<h3>Unit 15: Contract Types and Compensation Arrangements:</h3>
<ul>
<li>Risk distribution in contracting.</li>
<li>Project risk profiles.</li>
<li>Contract types according to risk distribution.</li>
<li>Fixed price contracts.</li>
<li>Firm fixed price.</li>
<li>Fixed price with economic adjustment.</li>
<li>Incentive contracts.</li>
<li>Fixed price incentive.</li>
<li>Cost plus incentive.</li>
<li>Cost reimbursement.</li>
<li>The cost plus the award fee.</li>
<li>Cost plus a fixed fee.</li>
<li>Cost-plus contracts.</li>
<li>Time-and-materials.</li>
</ul>
<h3>Unit 16: Narrow Scope Cost Estimating Techniques:</h3>
<ul>
<li>Power-sizing techniques (capacity ratios).</li>
<li>Factor estimates.</li>
<li>Cost Estimating Relationships (CER).</li>
<li>Design-to-cost-estimates.</li>
<li>Target cost estimates.</li>
<li>Adjusting for project type and quality level.</li>
<li>Features determining the quality level (Grade) of a structure.</li>
<li>Adjusting for quality level by using a costing publication.</li>
<li>Economic constraints.</li>
<li>Parametric cost estimating.</li>
<li>Analysis of estimating accuracy.</li>
</ul>">

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Project Leadership in Action: Power, Influence, Politics, and Negotiations - (PM 4001)

Introduction</h2>
Leadership in project management is a journey of discovery, embarking on a path to discern the pinnacle of one's leadership qualities and progressing toward fostering and cultivating an ideal leadership identity. This endeavor aims to hone skills that significantly bolster the success of projects. The project leadership course fortifies your leadership identity to ensure its sustainability with every action you embark on or decide to delineate in all your project endeavors.
In project management, possessing robust interpersonal abilities is pivotal in efficiently executing tasks. Thus, this project leadership, politics, influence, and negotiation course will amplify your capability to wield personal skills to impact others positively. The project leadership course elucidates skills and methodologies vital to influencing others assertively and elegantly, especially within the framework of a project where direct control is not feasible.
The curriculum delves into various leadership traits, characteristics, behaviors, and styles. It scrutinizes interpersonal styles and skills and their effect on project leadership, motivation, team dynamics, trust, and the empowerment of employees. The seamless integration of these concepts provides a comprehensive view to spawn more opportunities for the success of your project while preserving your integrity.
The final sections of the project leadership, politics, influence, and negotiation course center on procuring what is essential for a project through the art of negotiation. The project leadership Course expounds on how the adept application of influence tactics, personal power, and organizational politics can be effectively harnessed during diverse project negotiating scenarios.
<h2>What is a Project Leadership Course?</h2>
A project leadership course is an educational program designed to equip professionals with the knowledge, skills, and abilities to lead and manage projects effectively. The project leadership course covers foundational leadership principles, project management best practices, and the art of negotiation to ensure that project leaders can guide their teams to success while navigating the complexities of organizational dynamics and stakeholder relationships.
In this project leadership in action course, participants will engage in comprehensive training, including power, influence, politics, and negotiations, to provide effective leadership in project management. The leadership in action course will address various aspects essential to project leadership training, such as leadership and influence skills, leadership politics, and organizational leadership dynamics.
This executive leadership course will prepare project managers and team leaders to become adept at political leadership in a project context. It will also provide them with the leadership influence training necessary to succeed. This organizational leadership course serves as a transformative experience for those seeking effectiveness and proficiency in leading their projects amidst the intricate mosaic of power dynamics and negotiations.
<h2>Targeted Groups</h2>
<ul>
<li>Project managers.</li>
<li>Team leaders.</li>
<li>Project technical.</li>
<li>Workstream leaders.</li>
<li>Project sponsors/owners.</li>
</ul>
<h2>Course Objectives</h2>
By the conclusion of this project leadership in action course, participants will be equipped to:
<ul>
<li>Learn practical techniques to enhance their project leadership skills.</li>
<li>Exercise a wide range of concepts to enhance their power and ability to influence others.</li>
<li>Manage corporate politics at both project and senior management levels.</li>
<li>Master forms of power and evaluate strategies to increase their total power to ensure the project's success.</li>
<li>Identify principles, guidelines, and common methods of negotiation on projects.</li>
<li>Develop negotiating strategies that focus on projects' common goals and interests rather than positions.</li>
<li>Discover and nurture a unique leadership identity, learning to project a dynamic image.</li>
<li>Continue the development of their leadership identity.</li>
<li>Become more politically astute while upholding integrity and ethics.</li>
<li>Understand the skills and competencies required to influence and negotiate project needs effectively.</li>
<li>Refine their skills in gaining and using influence positively.</li>
<li>Boost confidence when negotiating with project stakeholders.</li>
<li>Learn how to safeguard against the pitfalls of intra-organizational politics.</li>
</ul>
<h2>Targeted Competencies</h2>
<ul>
<li>Leading others.</li>
<li>Situation analysis.</li>
<li>Problem-solving.</li>
<li>Understanding motivational needs.</li>
<li>Customer orientation.</li>
<li>Leading projects.</li>
<li>Controlling projects.</li>
<li>Cognitive abilities.</li>
</ul>
<h2>Course Content</h2>
<h3>Unit 1: The Nature of Project Environment and Organizational Politics</h3>
<ul>
<li>Challenges in the project environment.</li>
<li>Politics: Project management leadership fact-of-life.</li>
<li>Leadership in project management: A political art.</li>
<li>Organizational politics and the project lifecycle.</li>
<li>Organizational culture and its impact on project management.</li>
<li>Project politics and self-awareness.</li>
<li>The role and influence of project stakeholders.</li>
<li>Factors contributing to organizational and project politics.</li>
<li>Political behaviors for project team members.</li>
<li>Developing political skills necessary for project team members.</li>
<li>Necessity of result-based leadership in project environments.</li>
</ul>
<h3>Unit 2: Project Leadership</h3>
<ul>
<li>Traits of effective project leadership.</li>
<li>Project leadership attitudes.</li>
<li>The three building blocks of project leadership.</li>
<li>Project leadership styles.</li>
<li>Personality and self-awareness in project leadership.</li>
<li>Comparing IQ vs. EQ in project leadership.</li>
<li>Project team leadership: communication and coaching.</li>
<li>Behaviors of developing exceptional project leaders.</li>
<li>Project leadership in action.</li>
</ul>
<h3>Unit 3: The Use of Power and Influence in Project Leadership</h3>
<ul>
<li>Creating excellence in project leadership through power and leadership.</li>
<li>Necessity of power in projects.</li>
<li>Sources of power.</li>
<li>Powerful vs. powerless talk in project leadership.</li>
<li>Building a sense of personal project leadership power.</li>
<li>Models and practices of empowerment.</li>
<li>Influence tactics for project leaders.</li>
<li>Keys to successful influence in project leadership.</li>
<li>Attitudes and behaviors of project stakeholders.</li>
<li>Developing credibility in projects.</li>
<li>Project leadership trust-building.</li>
<li>Communication/trust/agreement relationship in project leadership.</li>
<li>Project leadership in action.</li>
</ul>
<h3>Unit 4: Negotiation for Maximizing Project Results</h3>
<ul>
<li>Necessity of negotiation in projects.</li>
<li>The role of the project leader is as a negotiator.</li>
<li>Preparations for project-related negotiations.</li>
<li>Active listening and negotiation with project stakeholders.</li>
<li>Emotions and conflict in project negotiations.</li>
<li>Principle-based project negotiations.</li>
<li>Common negotiating errors.</li>
<li>Negotiation tactics are necessary for project leaders.</li>
<li>Using persuasion and delegation for project success.</li>
</ul>
<h3>Unit 5: Project Leadership Development</h3>
<ul>
<li>Self-awareness and self-discipline skills for project leaders.</li>
<li>Leadership learning and mentoring in project contexts.</li>
<li>Leadership transitions in project environments.</li>
<li>Political strategy formulation for project teams.</li>
<li>Fostering a positive project culture.</li>
<li>Navigating multi-relationship management with project stakeholders.</li>
<li>Being the complete project leader package.</li>
</ul>">

Mastering Project Management Professional Certification Courses

Certified Advanced Project Management Professional - (PM 0)

Project Cost Estimating, Budgeting, and Value Engineering Skills - (PM 2033)

Project Planning, Scheduling & Cost Estimating Skills Course - (PM 2035)

Project Leadership in Action: Power, Influence, Politics, and Negotiations - (PM 4001)

Effective Project Management Strategies Skills Course - (PM 4009)

Value Engineering Skills: Planning for Performance Excellence - (PM 4017)

Project Scheduling and Planning Skills Training Course - (PM 4018)

The Complete Course on Project Management Skills Training - (PM 4020)

Project Risk Management & Compliance Training Course - (PM 4044)

Project Scope and Requirements Management Training Course - (PM 4061)

Project Leadership Skills Training Course - (PM 4068)

Earned Value Management (EVM) for Project Performance Measurement - (PM 4071)

The 5-Days MBA Project Professional Micro Master Course - (PM 4077)

Project Risk Management Development Training Course - (PM 4083)

Project Management: Tools and Techniques Training Course - (PM 4089)

Financial Management for Projects & Contracts Training Course - (PM 4092)

Project Planning & Scheduling Training Course - (PM 4104)

Project Management Office (PMO Establishment Optimization and Modernization) - (PM 4113)

Technical Project Management Training Course - (PM 9217)

Advanced Value Engineering (VE) Training Course - (PM 9405)

Mastering Project Management Certification - (PM 9425)

Public-Private Partnership Project Management (PPP) Course - (PM 9450)

PRINCE2® Foundation and Practitioner Training - (PM 15015)

PRINCE2 Agile Project Management Training - (PM 15058)

Project Scope Management Tools & Techniques Training - (PM 15064)

The Project Professional Mini-Master Training Course - (PM 15066)

Risk Management Professional (RMP) Training - (PM 15141)

Project Financial Management: Scheduling, Budgeting & Cost Management - (PM 15166)

Construction Administration for Engineers - (PM 15228)

Integrated Total Project Management Planning, Organizing, & Control - (PM 15233)

Should-Cost Analysis - (PM 15332)

Certified Project Management Professional - (PM 15335)

Strategic International Project Manager - (PM 15337)

Project Budgeting & Cost Control - (PM 15402)

Managing Critical Projects and Management - (PM 15560)

Budget Estimation and Cost Control for Large Projects - (PM 15595)

Project Management Preparation Course - (PM 15613)

Advanced Engineering and Management Course - (PM 15629)

Management Engineering Course - (PM 15630)

Comprehensive Management Training for Engineers and Managers - (PM 15634)

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