Course Duration: 1 day
Professional Development Units (PDU’s): 7
Course Description: This course will provide the manager with techniques to effectively capture and analyze projected costs and benefits from their project efforts. The examination of both one-time and ongoing costs, as well as the integration of extensive checklists and analysis tools makes this course useful for the project manager who is looking to justify a new project or validate an in-process project effort.
Key Learning Objectives
- discuss business implications of selecting & implementing a project
- review implications of not selecting a project
- understand how projects tie-in to business metrics
- verify how projects impact business processes and procedures
- discuss typical project benefits
- learn to define successful completion criteria
- review the following project components to be estimated – equipment, software, resources, vendor resources, maintenance agreements, post implementation support, and long-term costs
- perform project cost benefit analysis using return on investment (ROI) and payback period
- know how to build a business case end-to-end
- understand how to validate project results
Audience: This course is intended for managers, project managers, financial analysts and business analysts responsible for justifying projects via business cases.
Course Prerequisites: A basic understanding of project processes prior to the course is helpful.
Course Price: For on-site courses please contact Mindavation on 1-866-888-MIND(6463) or e-mail info@mindavation.com. For public course availability and price see Public Course Schedule.
PMBOK® Guide Knowledge Areas:
- Project Cost Management
- Project Procurement Management
- Project Quality Management
- Project Risk Management
- Project Scope Management
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PMBOK is a registered mark of the Project Management Institute, Inc.