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 Overview
PRINCE2 is a powerful project method. It includes very basic information on a few techniques and illustrates a few more, but otherwise it expects you to go out and find suitable project techniques elsewhere together with instruction on how to use them. Inspirandum gives you that ‘elsewhere’ with a powerful package of techniques that work particularly well in a PRINCE based project.
This fast paced, fun and highly practical 3 day course includes product planning which is incorporated into the method but which is often poorly taught on PRINCE practitioner courses (not Inspirandum’s!) resulting in practitioners just not seeing how to get the power out of this approach. Added to that are a range of proven techniques for activity planning, the business case, risk analysis progress control and version control. A lot of time is given over to ‘hands on’ practical work to develop the skills you need to use the techniques, and use them with confidence.
PRINCE2 gives you the structure. This course fleshes it out with powerful, proven project techniques to help get the job done. The extensive practical work means that you leave with the confidence that you can go back to a project and use them well.
Who should attend this course?
The course is for Project Managers, Team Managers and Project Support staff involved with the ‘nuts and bolts’ of project planning and control. It is anticipated, but not necessary, that those attending will be familiar with the PRINCE2 method.
Inspirandum’s clear delivery style makes this event effective where those attending have English as a second language. We work worldwide with English speaking audiences or with translation.
Content
Business Case
Techniques
- Direct Payback
- Discounted Cash Flow (DCF/NPV)
- Internal Rate of Return (IRR)
- Return on Investment (ROI)
Advanced topics
- Identifying and measuring benefits
- Avoiding benefits contamination
- Characteristics and limits of DCF
Product Planning
Techniques
- Product Flow Diagram
- Product Descriptions
- Product Breakdown Structure (PBS)
Advanced topics
- Intermediate products on the PBS
- Alternatives for grouping on the PBS
- Advanced uses of the Product Flow
Activity Planning
Techniques
- Precedence (Activity) Network
- Critical Path Analysis (CPA)
- Gantt Chart
- Resource Levelling (Smoothing)
- Critical Chain
Advanced topics
- Dependent float
- Tracking Critical Path movements
- Time lapses and fixed events
- Options for contingency
- Multitasking and performance
- Estimating - Inspirandum 3 strand
Risk Analysis
Techniques
- Risk Checklist
- Ishikawa (Fishbone)
- Diagrams
- Risk anatomy diagrams
- Risk Matrix (‘Summary Profile’)
- True Risk Profiling
- Monte Carlo on activity networks
Advanced topics
- Risks vs impacts
- Probability - the Achilles Heel of risk
Financial Control
Techniques
- S Curve
- Budget, actual and deviation
- Earned Value Analysis
Advanced topics
- Baseline for cost control
- Understanding cost deviation
Progress Control
Techniques
- Product Checklist
- Product Flow Diagrams (for control)
- Earned Value Analysis (for control)
Advanced topics
- Progress reports on 1 side of A4
- Progress ‘dashboard’ reports
Version Control
Techniques
Advanced topics
- Configuration control procedures
- Status accounting
PRINCE2™ is a Trademark of the Office of Government Commerce. PRINCE2™ training is provided by our partners Inspirandum an Accredited Training Organisation
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