PMBA - Project Management Business Administration
Overview:
Business Administration is often very generalized and even more often overlooked by project managers. This course is targeted to teach you the strategic and business administration concepts that are specific to project management.
Too many times we try to manage our projects in a vacuum without awareness of how we impact the company overall, and how the company overall impacts our performance as project managers.
This course begins with general principles of Project Management Business Administration (PMBA) and continues to elaborate on specific topics relevant to pre-bid scenarios, execution phase strategies, and close out dilemmas.
Unlike political promises, which are never kept, bid day promises are what kill a lot of companies who cannot deliver what was promised for the agreed price. Learn to identify and avoid those traps.
Learn how to make your project goals break down for individual accountability across company lines. It is not enough to simply declare targets or deadlines. You must have a comprehensive understanding of other demands from other projects.
The most costly endeavor for projects are claims and litigation where only pennies on the dollar are ever recovered. Stop making the attorneys rich on your project budget by learning some key strategies to mitigating claims and avoiding litigation entirely.
When your clients feel comfortable with your broad perspective and business administration skills, they will want to work with your company again, and they will ask for you by name.
With these lessons you can be the person in demand, with your clients, and across your company. There is no better job security than to be the person everyone turns to for successful project management.
Why should you Attend: Do you know how many successful projects it takes to cover the loss from one bad project? Do you understand the stress on a company when a project does not have positive cash flow? Do you want to be sure that when layoffs come around, that you are kept on board?
Understanding what makes a project succeed is only a small fraction of what makes a company succeed. Mastering these concepts not only makes you more likely to stay on with your company when layoffs come around, but it makes you more likely to be promoted. Companies need people who see the big picture. Sometimes, shifting to the big picture is nothing more than shifting your attitude.
Our attitudes are the most important tool in our toolbox. It costs us nothing to purchase, if we use it well it can gain us everything, and if we use it poorly it can cost us everything. How we use it is up to us. Participants will learn how to get the most from their project team by focusing on key attitude changes.
These soft skills translate to hard dollars lost. Companies are not profitable when projects lose money. Companies do not get future work with clients when projects finish late. The people who get promoted are often the people who have mastered these soft skills. Be one of them.
Areas Covered in the Session:
- How to identify threats and opportunities during all stages of a project
- How to leverage your project performance into job opportunities
- How to translate execution strategies to individual accountability
- How to mitigate claims and litigation
- How to sell your clients for future projects
- How to make yourself priceless to your company
Who Will Benefit:
- Project Managers
- Assistant Project Managers
- Project Directors
- Program Managers
- Project Executives
