Why Attend
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The overall aim of this course is to provide participants with the skills needed to design and apply project metrics and Key Performance Indicators (KPIs). Moreover, the course assists participants in identifying the driving forces for better value based project metrics and allows them to design project dashboards. The course enables participants to master the features of Microsoft Project in reporting project performance and taking corrective and preventive actions.
Course Objectives
By the end of the course, participants will be able to:
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Identify the driving forces that will lead to better project metrics
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Define and select the right project metrics
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Develop and apply project KPIs
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Create project KPIs and reports using MS project
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Design a project dashboard and traffic light reports
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Construct value based project metrics
Target Audience
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Project managers, members of project offices, project sponsors, functional managers, senior management and individuals involved in developing and managing project metrics and Key Performance Indicators (KPIs).
Course Outline:
The driving forces for better project metrics
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Executive view of project management
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Traditional versus Non-Traditional Project Management
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Moving from “Triple” to “Competing” Project Constraints
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Stakeholder relations management
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Project scope creep
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A new look at defining project success
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Project health checks
Project metrics
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Defining metrics
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Benefits of using metrics
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Understanding project metrics
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Metrics requirements
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Project metrics categories and types
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Business-based for financial metrics
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Success-based metrics
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Project-based metrics
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Project management process metrics
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Selecting the right project metrics
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Metrics and the Project Management Office (PMO)
Project key performance indicators
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Defining Key Performance Indicators (KPIs)
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The need and use for project KPIs
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Characteristics of KPIs
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Categories of KPIs
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Selecting KPIs
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Measuring KPIs
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KPIs' interdependencies
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Targets and failures
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Most common project KPIs
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Earned Value Management System (EVMS)
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Top 25 project management KPIs
Managing project metrics and KPIs using MS project
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Developing earned value metrics and KPIs
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Advanced report formatting
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Formatting tables in a report
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Formatting charts in a report
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Creating a custom report
Project dashboards
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Defining dashboards
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Benefits of dashboards
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Gathering KPI and metric requirements for a dashboard
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The KPI wheel
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Dashboard core attributes
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Traffic light dashboards reporting
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Rules for dashboards
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How to create a dashboard
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Choosing the correct KPI visualization components
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Designing your dashboard
Value based project management metrics
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Combining success and value
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Recognizing the need for project value metrics
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Creating project value metrics
Date: 26 – 30 December 2022
Location: Amsterdam
Fees per person: 2450 Us Dollar