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 Objectives

Advanced 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