This Transformation program looks at the various elements and demonstrates their impact using contemporary tools in project management practice. Unlike other training programs that emphasize on building strong concepts, this program is a transformation initiation program. Hence, every activity enables the participants to actually start applying and translating their work environments to improve their profitability.
Business in today's industry is largely driven through projects. However, managing these projects has often been considered a thin-line between the arts and the sciences involved. The resulting situation is that most projects experience typical issues in the management of their scope, time, cost, quality, etc. While many of the situations have been traditionally 'treated symptomatically', there have been significant advances in attempting to define a robust management system for projects. This program looks at some of these issues, helping the participants to develop and apply new skills as they go along the program. It also creates the foundation to change their existing practices, processes and philosophies to leverage from the modern know-how.
Program looks at the delivery of knowledge on the four pillars of Project Management:
Participants can initiate the applications of these tools, techniques and methods to help their company in the following ways:
Developing transparence on failures: The first step in improving profitability is to understand the incidences of systemic failures in project management methodology. The tools help demonstrate these failures from a management and the business perspective.
Identifying weak links: Program is designed at assisting people identify the weak links in their project value chains. This provides the participant to understand potential areas where organizational system can be improved
Reduce costs: Modeling and simulation techniques are widely used to reduce costs especially when the possible outcomes are many and the inter-dependence of outcomes on subsequent action is high. Simulation methods can help define a strategy with fair precision, giving a clear indication of what can be saved, when and how
Foster a culture of innovation: With a systematic approach used in this program to merge the business and operational perspectives, participants can look at new and the innovative ways to manage their projects better. The awareness provided by using these tools will help participants design new processes and managing methodologies for their organization.
Expect these benefits Participants, depending on their specific business and work contexts, will be able to understand the 'dynamics' of their projects better. As these tools and techniques are fairly complex, the participants will be able to understand what fundamental principles are used, how to use them and where to use them. Subsequent activity involves of using these techniques and delivering results is dependent on the technical skill and the availability of resources; which, for a senior management professional, is an activity of delegation, monitoring and control. Hence, these activities are not the focus of this training exercise. The tools are powerful in enabling the participants to understand their 'as-is' reality and look at the factors that affect their business in a rigorous manner.