8
Monitoring and Controlling Project
Change and Risk
What you will learn:
• Demonstrate how t o assess individual and overall project
risk and implement appropriate risk response strategies.
• Analyze work performance data using the earned
value management technique.
• Analyze variance to determine if corrective or
preventive action is required and if a change to
cost, scope, or schedule baselines is necessary.
• Describe what steps are necessary in a change
control procedure to ensure only authorized
changes are made.
MDP978B
l
2 Day
Risk-Focused Approach to Recovering
and Managing Troubled Projects
What you will learn:
• Develop categories for an assessment methodology
for distressed projects to define the symptoms and
why and how projects get into trouble.
• Conduct an effective program management
phase review through establishing thresholds for
performance reviews and variance reporting.
• Incorporate lessons learned to prevent future project
from falling into trouble.
MDI199
l
3 Day
A Practical Approach to Estimating
and Managing Project Finances
What you will learn:
• Understand how the application of various financial
evaluation models can influence your total project
management approach used in managing margins
and cash flows throughout the project life cycle.
• Build the work breakdown structure at the right
level of detail to support optimum project cost plan-
ning and control.
• Build on past performance as the basis for future
forecast and cost variance analysis.
MDI1029
l
1 Day
A Practical Approach to Assessing
and Managing Project Risk
What you will learn:
• Establish and implement a structured approach to
forecasting, monitoring, and mitigating the project
risk factors throughout the project life cycle.
• Understand how non-mitigated project and opera
-
tional risks can adversely impact project schedule,
cost, and quality commitments.
• Effectively communicate and share responsibility
or managing the project risk with key project
stakeholders.
MDI1051a
l
2 Day
Earned Value Management
What you will learn:
• Evaluate performance against the baseline.
• Accurately measure the physical work progress.
• Establish rule of credit.
• Estimate and anticipate cost/schedule
performance.
• Use EVM to control a project.
• Accurately relate cost, schedule, and deliverables.
• Connect time-phased budgets to particular tasks
and/or statements of work to generate a useful
and accurate baseline.
• Report performance issues.
MDI1052
l
2 Day
