Duration

FRONTEND PROJECT MANAGEMENT

3 day

OVERVIEW

This frontend project management training course involves a crucial initial phase of Project Management: the early stage of the frontend analysis and the primary requirements of the project. This frontend studies training course is aimed at helping you master the workmanship of a frontend study, thereby assist you in determining whether to continue or invest in the project.

Once you complete the frontend project management studies training, you will be able to guarantee that a proposal is viable legitimately, technologically, economically and administratively. This frontend studies training course will provide you with the correct frontend test methodologies, including an overview of organizational standards, analysis of operations, identifying consumer expectations and action plans, to cater to your organizations’ hard and soft saving needs.

Many organizations commit to a course of action that produces unsatisfactory results. This is almost always due to poor frontend analysis before critical strategic and operational decisions are made. There is overwhelming evidence that project outcomes are much more likely to be achieved when a rigorous frontend study has been carried out. Without accurate frontend analysis as a multi-dimensional part of the first phase of decision-making resources can be wasted with resulting under-performance.

This training course is designed to introduce best practices in frontend analysis to enable project managers and leaders to achieve market-leading levels of competitive performance - resulting in sustained competitive excellence. Successful participation in this training course will allow experienced managers to enhance the performance of themselves and their teams in evaluating new ideas that will help to create a successful organization of the future.

LEARNING BENEFITS

Employees with improved skills in integrating and managing projects
More powerful analytical capability at all levels of management
Improved business planning, targeting and goal setting
Better decision-making by managers on questions of change and development
Improved understanding of the basic drivers of the business
Greater confidence in choosing and directing resources
Improved decision-making at the operational level
Analyzing technical feasibility, economic, commercial and financial feasibility
Execute an effective feasibility study prior to making a major decision
Define the primary outcomes that will be monitored and measured
Integrate and align each feasibility study with the overall strategic plan
Set and achieve ambitious targets for the next stage of development Having clarity of what the organization exists for, where it is going and how it will get there, allows each member to assess their actions for compliance with the mission and purpose

MODULE 1: INTRODUCTION TO FRONTEND PROJECT MANAGEMENT

Scope and Basic Concept of Frontend
The Meaning of Frontend
Difference between Frontend Study and Business Plan
Why are frontend studies important?
Guidelines on Designing a Frontend Study
How to Link a Frontend Study with Your Business Plan
Monitoring Outcomes and Learning to Improve

MODULE 2: FRONTEND PROJECT MANAGEMENT STUDY & ANALYSIS

Introduction to Project Frontend Study
The Concept of “Time Value of Money”
Development of the Project Assumption Sheet
Project Cost / Revenue Considerations
Considering the Interest During Construction (IDC)
Developing the Depreciation Schedule
Integration of Financial Statements:
The Income Statement
The Balance Sheet
The Cash Flow Statement
Establishing a Check & Balance in the Model

MODULE 3: FRONTEND PROJECT MANAGEMENT STUDY & ANALYSIS

The Technical Dimension of Analysis
Assessing the Balance of the Proposed Activity with Current Capabilities
Quantifying the Resource Gap and Planning to Deal with this Gap
Case Example for Analysis and Discussion
Technological Change and the Risk of Product or Process Substitution
Frontend Studies as Sources of Ideas for Innovation
Case Example for Analysis and Discussion
Case Study for Group Work

MODULE 4: ECONOMIC AND COMMERCIAL DIMENSION

Impact of the Proposed Venture on Base-load Business
Analysis of the Life Cycle of the Venture and Assessment of Sustainability
Feasible Innovations and their Impact on the Business Model
Resourcing and Directing Additional Marketing Activity
Analyzing and Dealing with Tariff and Quota Questions
Frontend Issues in Managing Cross-cultural Integration

MODULE 5: LEADERSHIP AND MANAGEMENT FRONTEND PROJECT ANALYSIS

Designing and Writing the Frontend Report
Appointing and Empowering the Project Leaders
Identifying and Engaging All Stakeholders
Presenting the Frontend Report – Internally and Externally
Gaining Top Management Support and Project Visibility
Action Plan for the Next Stage

MODULE 5: CONTINUOUS IMPROVEMENT & FUTURE IMPLEMENTATION

Recognizing the benefits of standardization
Building/updating processes for your environment
Developing standard document templates
Leveraging Project Portfolio Management (PPM)
Bridging "doing the right projects" with "doing the project right"
Researching, recommending, and selecting the right PPM tool/features
Linking project management and portfolio management with a PPM tool
Centralizing resource and capacity management
Connecting PPM with a fiscal management system
implementing a content repository

NOTE: Training session will contain brainstorming session, interactive games, mind mapping and other activities to put into practice and cater accordingly, so that the participants will be able to digest and related the study area with their task and work in the organization.

Programme scope, delivery arrangements and suitability are confirmed during enquiry.