An Intensive 10-day Training Course
Adaptive Agile Project Management & Analysis
Modules
This course is split in two modules:
Module 1: Adaptive (Agile) Project Management
Module 2: Project Analysis: Tools & Techniques for Managing Risk & Uncertainty
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Course Outline
Module 1: Adaptive (Agile) Project Management
The course aims to enable delegates to compare and contrast predictive and adaptive project management approaches.
To achieve this goal, the high-level course structure includes the following topics
- An Overview of the Traditional or Predictive Project Management Approach
- An Explanation of Subtle Wastes that can Lead to Failure using Predictive Approaches
- A Presentation of the Values that underpin Adaptive or Agile Thinking
- An Investigation of the Principles that guide teams to perform practices that adhere to Agile Values
- A step-by-step walkthrough the core practices of Adaptive Project Management (SCRUM)
- In-depth Reinforcement Exercises that serve to provoke reflection on the Power of Adaptive Thinking
Module 2: Project Analysis: Tools & Techniques for Managing Risk & Uncertainty
Day 6
Fundamentals of Decision Analysis
- What is Project Management Decision Analysis?
- The Purpose of the Project Business Case
- The Need for Systematic Risk Management for Decision Making
- Risk and Uncertainty on Projects
- Option Analysis
- Identifying Key Decision-making Factors
- Fundamental Tools of Engineering Economics
- Time Value of Money
- Appraisal Methods - Discounted Cash Flow Projections
- Time Equivalence
Day 7
Cash-Flow Modelling and Project Decision Analysis
- Financial Modelling and Project Evaluation
- Rate of Return Computations (IRR)
- Determining the Internal Rate of Return (IRR)
- The Risk of not understanding IRR
- Understanding the Project Context to assist in decision-making
- Determine stakeholders and their level of influence
- Capture Requirements
- Determine Scope of Work
Day 8
The Cost of Capital
- Capital & Operating Expenditures (CAPEX/OPEX)
- Estimating the Cost of Capital for a Project
- Benefit- Cost Ratio (BCR)
- Dis-benefits
- Identify Risks
- Forecasting Risk Impacts & Probabilities
- Opportunity Costs, Sunk Costs & Salvage Value of a Project
- Determining the Risk Priorities
- The Need for the Company Cash Flow
Day 9
Decision Analysis: Expected Value Concept
- Basic Probability Concepts
- Fundamental Probability Concepts
- Mutually & Non- Mutually Exclusive, Independent Events
- Qualitative Project Risk Analysis
- Semi-Quantitative Bow-Tie Process
- Detailed Risk Qualification and Prioritisation
- Expected Monetary Value
- Scenario Planning
- Sensitivity Analysis Tools
- Simulation Process
- Tornado Diagram
- Defining the Variables- PERT
Day 10
Decision Trees, EMV, Risk Responses and ROI
- Decision Tree Analysis
- Developing Decision Trees
- Solving Decision Trees
- Risk Responses
- Developing Risk Responses
- Evaluating Response Relevance
- ROI Analysis
- Understanding ROI
- Identifying ROI
- Evaluating and Presenting your Project Options
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
Accreditation
In association with
