Advanced Project Leadership - Bringing Home the Value
Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number
Overview/Description
Advanced Project Leadership: Bringing Home the Value teaches project managers to consider both the monetary and non-monetary value of a project, first of all by understanding how a project supports strategy. Project Managers will learn how to calculate Earned Value, Return on Investment and Net Present Value. They will also learn how to interpret the results to make decisions about the value of a project. Finally, project managers will learn about the characteristics of Internal, Client and Research and Development Projects and how the valuation techniques apply to each.
Target Audience
Project managers who are responsible for managing all aspects of a project from start to finish. They will be responsible for managing multiple projects, and maximizing utilization of resources to achieve the project goals. It is recommended that individuals take the first two courses in the series or have equivalent knowledge.
Expected Duration (hours)
3.0
Lesson ObjectivesAdvanced Project Leadership - Bringing Home the Value
Identify the value types in a project
Identify characteristics of monetary value
Identify characteristics of nonmonetary value
Identify the three basic business strategies
Identify how each business strategy adds value to the organization
Identify key concepts of net present value
Calculate the net present value for a project
Interpret net present value to determine project viability
Calculate the return on investment for a project
Interpret return on investment to judge the project payback period
Identify key concepts of earned value management
Calculate deviations and efficiency indexes for an ongoing project
Interpret earned value management systems to judge project progress
Identify characteristics of different project types
Identify other parameters used to classify projects
Identify the benefits of classifying projects
Identify potential issues and guidelines for applying valuation techniques to internal projects
Identify potential issues and guidelines for applying valuation techniques to client projects
Identify potential issues and guidelines for applying valuation techniques to R&D projects
Course Number:en_US_41526_ng