Project Management Best Practices
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Download BrochureProject Management Best Practices is a 3-day training course that presents key learnings and Best Practices for project planning and execution. The course is taught from the perspective of owner organizations that plan and execute capital projects. It focuses on
the key aspects of project planning and execution: the critical Front-End Loading (FEL) phase; elements of contracting strategy, key components of team effectiveness, implementing Value Improving Practices (VIPs); identifying and managing project risks, drivers of improved construction safety, and activities needed for controlling a project through execution; and managing change. This program is registered with the Project Management Institute (PMI), allowing attendees to claim 22 Professional Development Units (PDUs) upon completion of the course.
Course materials are based on the cumulative findings of over 20 years of research. IPA maintains proprietary databases of projects executed by more than 200 companies. In total, the IPA databases store detailed information on approximately 10,000 capital projects. IPA uses these databases to conduct quantitative research. Project Management Best Practices integrates key aspects of this body of knowledge into a single course.
Course Content and Organization
The course covers three days and is made up of 12 separate modules, presenting the material in coherent and concise packages. The instruction method includes lectures supported with presentation slides and additional reading, active class discussions, and class exercises and breakouts. The specific course modules for Capital Project Delivery Excellence include the following:
Module 1: Business Stake
The first module sets the stage for the entire course by giving some basic definitions and reviewing the basic structure and purpose of the capital project delivery system. This module discusses the place of projects in the business supply chain and the impact of project performance on business competitiveness. Trends in project management will also be highlighted.
Module 2: Measuring Effectiveness
This module provides an overview of IPA’s databases and methodology. Topics also covered are differentiating good and poor cost schedule outcomes, linking practices to effectiveness, and drivers of project success.
Module 3: Front-End Loading
A key element of project success, Front-End Loading (FEL), is the process of defining the project before detailed design work begins. This module presents details around FEL and explains its importance.
Module 4: Team Effectiveness
Team effectiveness is an important driver of good project outcomes. This module focuses on the theory of teams and their use on capital projects. The module addresses the components of effective team and owner core competencies. This section also discusses effective integration of contractors into the project team.
Module 5: Site Definition
This module addresses the site definition component of FEL. It presents Best Practices for site definition and explains why these practices are critical to project success.
Module 6: Design Status
Design status is the second of the three FEL components. This component addresses aspects related to the status of the process design (or conceptual design) and project scope, considers status of specific engineering design deliverables and participation by key stakeholders, and reduces risks with proper definition because key engineering items are complete and provide sound basis for estimate
Module 7: Project Execution Planning
This module shows research linking project execution planning to project success and presents a description of a project execution plan and its components.
Module 8: Value Improving Practices
This module defines Value Improving Practices (VIPs), explains how the proper use of VIPs drives project outcomes, and describes each VIP in detail.
Module 9: Contracting Strategies
This module focuses on the critical elements of contracting strategy and the implications the choice of contracting strategy has on project management. Different contracting approaches and the rationale for using them will be shared in this module. It also presents research on the effect that different contracting approaches have on project outcomes.
Module 10: Risk Analysis
This module presents the basics of project risk analysis and management and also presents different tools and techniques for identifying, quantifying, and mitigating risks.
Module 11: Project Execution and Control
This module covers the owner role in project execution and control. Topics include design, procurement, and construction management. Best Practices in project control are discussed.
Module 12: Construction Safety
This module addresses the role of the owner in construction safety and presents research into the practices that drive better safety performance.
Course Benefits
IPA research quantifies the link between project practices and business value. The course will provide participants with a firm understanding of the critical drivers of project success based on this quantitative research. The learnings provided in the course will be directly applicable to ongoing and future projects. The Best Practices presented throughout the course provide participants with tools and techniques that can be immediately used to improve how they plan and execute capital projects. In addition, participants will benefit from networking with other project professionals throughout the course.
Target Audience
This program is intended for individuals who would benefit from a course on Best Practices and key learnings for project planning and execution. The course is designed for project professionals from owner companies, such as project managers, process engineers, design managers, construction managers, project engineers, project controls specialists, and operations and maintenance representatives. Contractor personnel sponsored by an owner are invited to attend. In addition, the course is appropriate for engineering managers and business managers who are responsible for project portfolios.
Claiming PDUs
Project Management Best Practices is officially registered with PMI, which allows attendees to easily claim 22 PDUs upon completion of the course. Simply visit the PMI Continuing Certification Requirements site and submit the PDU Activity Reporting Form (Provider Number: 2767 / Activity Number: XXXPMG). For those claiming PDUs through other education organizations, please note that the duration of this course is 22 hours.
Project Management Best Practices
Schedule
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Tuesday, October 12 to Thursday, October 14 2010 | Location: Singapore |
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Tuesday, October 26 to Thursday, October 28 2010 | Location: Brazil (Rio de Janeiro) |
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Wednesday, November 10 to Friday, November 12 2010 | Location: England (Reading) |
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Wednesday, November 24 to Friday, November 26 2010 | Location: South Africa (Johannesburg) |