Project Initiation

Overview

The correct start-up of a project is vital to achieving true business benefit. This course looks at the key elements needed for the successful initiation of a project.

It begins by setting the project within the business environment and then looks at the tools and techniques used to appraise the investment. In addition, consideration is given to how the project is structured and organised. In order to measure success, appropriate indicators are defined to evaluate the project at completion. The course reviews the designation of the success measures and how they are used at the completion of the project.

Prerequisites

This course is suitable for project managers, project planners and project team members. Also senior managers, project board members and project sponsors.

As a Core Course, this starts at first principles and no previous knowledge is assumed.

Delegates will learn how to

• Understand the context of a project
• Define and apply appropriate measures of success
• Understand the need for phases
• Discuss the key roles and responsibilities found in the management of projects
• Apply commonly used techniques of investment appraisal

Course Outline.

• Project management overview
• Project life cycle
• Business case
• Investment appraisal
• Success criteria
• Project organisation
• Quality