Project Management II: Execution, Controlling & Closing

Dive deeper into advanced project management concepts in this hands-on course. This course will cover topics like task analysis, critical path method, and more.

In this Intermediate/Advanced Project Management course, students delve deeper into project management concepts include task analysis, critical path method, planning, project timelines, and ongoing monitoring. Students will review the five phases of project management, examining the complexities of each stage.

Students learn the required skills for executing, controlling, and closing projects, with emphasis placed on budgeting and managing risk. This course is designed to be an engaging, interactive workshop where participation is encouraged throughout. Students will receive a workbook that contains both practical knowledge along with a large variety of exercises to be completed during class.

By the end of this course, students will understand how to actively manage projects while they are being executed. Students may take this course as a stand-alone course, or in conjunction with Project Management: Initiation and Planning to be exposed to the complete project management experience.

Course Overview

Students begin by taking a closer look at the project team. How can a top team be assembled? How can talent best be developed? What characteristics must be looked for? These questions and many others are explored through small group brainstorming and facilitated discussion.

Next, the course takes a slightly more quantitative turn, as students transition into the Execution phase of Project Management. In this phase, students will be presented with brief project case studies and will be guided through the process of determining actual costs and the value of work performed through basic calculations and drawing graphs. This will culminate in the analysis of cost performance and estimation of costs at completion.

Troubleshooting resources are then discussed, as students encounter mock situations where project resources are either overallocated or limited in quantities. Students will construct the appropriate tables and charts to visually solve these issues.

Risk Management is mapped into four categories: identification, assessment, planning, and monitoring. Students will work in teams to examine a sample project and evaluate the potential risk in that project.

What meetings should be held? Which reports should be created and who should receive them? What plans need to be drawn up? Students will practice creating efficient project meeting agendas, summarizing progress in the appropriate reports, and creating a plan for optimal communication.

Finally, the Closing phase will describe what should be done at the conclusion of the project. Such topics as collecting final payments, recognizing team members, and archiving project details will be covered, with students creating a sample post-project evaluation.

This one-day workshop concludes with a brief overview of Project Management software/apps, Project Management associations, and Project Management certifications.

This Class is For Students That:

• Understand the five phases of a project
• Know how to create a project proposal and business case
• Desire a more in-depth study of project management
• Need strategies and tools to work better with a project team

Prerequisite

Knowledge/skills equivalent to our Project Management Level I course is required.

What You’ll Learn at a Glance

• Learn to assemble a team and kick off the project
• Manage and estimate costs for the project
• Maximize your resources
• Identify project risks and plan
• Learn how to identify project milestones and resources
• Utilize Work Breakdown Structure (WBS) to prioritize tasks
• Manage challenges, changes, and uncertainty

Course Syllabus

• The Project Team
• Team Development
• Stages of Team Development
• Budgets & Costs
• Types of Costs
• Determining Activity Costs
• Determining Project Budget
• The Execution Phase
• Determining Actual Costs
• Determining the Value of Work Performed
• Cost Performance & Project Status
• Cost Analysis
• Controlling Costs & Corrective Action
• Limited Resources: Leveling & Smoothing
• Resource Leveling
• Resource Limited Scheduling
• Risk Management
• Risks & Issues
• Common Types of Risks
• Risk Mitigation
• Project Communication
• Meetings
• Reports
• Plans
• The Closing Phase
• Final Payments
• Staff Recognition & Evaluation
• Post Project Evaluation
• Lessons Learned
• Archive Project Documents
• Customer Feedback
• Early Project Termination
• Agile Project Management
• Overview of Agile
• The Agile Manifesto
• Agile vs. Waterfall
• Agile Frameworks
• Scrum
• Kanban
• Extreme Programming (XP)

Learn more about Project Management Level II: Execution, Controlling, & Closing at NYIM Training.