COURSE OVERVIEW

This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using our state-of-the-art simulators. 

 

This course is designed to provide participants with a detailed and up-to-date overview of Maximizing Project Value. It covers the stakeholder value perception, project success criteria and project benefits realization; the project lifecycle and value mapping and the role of project manager in value delivery; the principles of value engineering, function analysis and brainstorming; the cost versus function optimization and examples in construction and engineering; and aligning projects with business strategy; and the business case and benefit realization management (BRM). 

 

Further, the course will also discuss the project portfolio value optimization, innovation for value creation and customer-centric project management; the value-based planning, value-focused risk management and quality and performance management; the agile and lean for value delivery, contract and procurement strategies for value and managing project changes for value; the leading and lagging indicators and financial versus operational value measures; customizing KPIs for project context; and dashboards for value tracking. 

During this interactive course, participants will learn the basics of earned value management (EVM); the limitations in value tracking and integrating with outcome-based metrics; the environmental, social, governance (ESG) factors, sustainable project design and delivery; the lifecycle thinking in value planning and value creation beyond project closure; the project reviews and value assurance, post-implementation value assessment and tools and technologies for value management;  the characteristics of value-driven leaders, empowering teams for value delivery, building cross-functional collaboration and accountability and ownership; the value storytelling techniques, communicating intangible benefits and tools for visualizing value; and the ethics and governance in value delivery, action planning and continuous improvement.