Project Initiation


Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number


Overview/Description
In today's fast-paced business environment, successful project management is the equivalent of fiscal power. All major companies have recognised that the future of their corporate success lies in senior managers' abilities to effectively manage overlapping, complex projects. This course will introduce you to the generally accepted knowledge and practices surrounding the field of project management and equip you with skills used during project initiation.

Target Audience
Business professionals and business managers across all business sectors and industries who believe that basic project management skills will help them perform their job responsibilities more effectively

Expected Duration (hours)
6.5

Lesson Objectives

The Project Management Context

  • recognise the benefits of being able to manage various elements within the project management context.
  • recognise the common characteristics of project life cycle graphs.
  • choose the graphic representation of a project life cycle that best depicts a given project.
  • identify examples of strategies that ensure success with stakeholders.
  • use strategies that ensure success with stakeholders, given a scenario.
  • match categories of organisational influences with examples of their effects on a project.
  • identify examples of key external influences.
  • perform a PEST analysis on a given project.

    • Establishing Project Parameters

  • recognise the benefits of establishing project parameters.
  • label given project variables as assumptions, exclusions or constraints.
  • determine appropriate assumptions, exclusions and constraints for a given project.
  • perform a cost-benefit analysis, given a scenario.
  • sequence examples of the steps to performing a decision tree analysis.
  • use decision tree analysis to choose the best among given project alternatives.
  • sequence examples of the steps for obtaining sponsor approval for a given project charter.
  • obtain sponsor approval for a given project charter.

    • Course Number:
    PROJ8001