Project Management

Strategic Project Management – An Expanded Insight

Programme description & objectives
Severely plagued by the primary constraints of scope, time, quality and budget, projects have become key cornerstones of most private and public organizations. Its importance is made critical by the secondary challenge of optimizing the allocation of necessary inputs and resources, and the need for a seamless integration to meet pre-defined objectives. This project management seminar has been designed to provide an end-to-end overview of the project management process from the initiation of a project to closing. It will provide the tools and frameworks to help an individual, team, department or an organization navigate smoothly through each phase of a project while making it easy to identify issues that have the potential of jeopardizing the project’s objectives.

Read more…

Project Financing & Recovery Strategies – Opportunities and Challenges

Programme description & objectives
This program is powerfully packed, and would be analytically delivered to assist participants spot weaknesses in project packages, and to be able to select the best structure that will lead to a realistic “financial close”. On another hand, the seminar delves into the tough terrain of the most potent strategies that organizations can adopt to ensure the prompt recovery of their initial capital outlays. At the end of the sessions, it is expected that delegates would have developed the skills necessary to build risk identification and analysis systems that are able to tackle any project financing and capital recovery package. Additionally, delegates would gain ideas on how to cut down on the third-party costs and be able to work out which funding market to approach.

Read more…

Project Budgeting and Cost Management

Programme description & objectives
A significant number of projects have been canceled or are seen as a failure because they ran too far over budget. This program is structured to present the participants with straightforward approaches to developing a cost baseline and setting up a cost tracking system so that the budget is well managed during the project’s lifecycle. The programme will cover:

  • The PMI PMBoK global standard for managing projects
  • Estimating cost techniques, including the Work Breakdown Structure, Work Packages, and risk management considerations
  • The S-curves for risk and cost estimates
  • Control accounts and change control
  • Earned Value Management, performance variances, and management recovery options

Read more…

Project Monitoring and Evaluation – Effectively Avoiding Scope Creep

Programme description & objectives
Monitoring the progress and evaluating the outcomes of projects are vital management functions that help in decision-making related to intended impacts, such as when implementation plans must be adjusted. This document serves to outline the core principles and components of Monitoring and Evaluation as well as providing guidelines, examples, and tools to utilize in formulating and carrying out an evaluation strategy. A key attribute of the program is that it is to guide project implementers in formulating and implementing an effective M&E strategy.

Read more…

Project Risk Management & Compliance

Programme description & objectives
This seminar will emphasize awareness of project risk management to minimize project cost/schedule overruns & improve project execution.Project management is all about the management of risks; the ability to seize opportunities, minimize threats and to optimize results. However, risk management is too often treated as a reactive process, or worse, not done at all. In this Project Risk Management course, delegates are expected to work through the proactive approach to both sides of risk: threats and opportunities. The approach is based on a clear understanding of both qualitative and quantitative approaches to risk management.The program is designed to provide practicing project managers, program managers, technical leaders and owner/sponsors with the skills and knowledge to successfully manage risk throughout the project cycle.

Read more…

Administration of Contracts, Tenders, & Specifications – From Award to Completion

Programme description & objectives
Most organizations have come to realize that the management of tenders, specifications, and contracts must emerge as a critical core competency if they are to increase revenue. This functions should be taken as core since a major portion of every organization’s operating cost is spent on outside goods and services. This program is designed to explore many of the best practices in the initial phases of contracting so that participants will be able to implement the steps needed to create maximum total value for their organization.

Read more…

Advanced Project Finance Management

Programme description & objectives
Chrome Consulting Associates presents this 6-day contemporary symposium for Project Finance Professionals. This symposium would cover all the critical factors in project financing and would also identify the projects that are worth financing. Speakers would also delve into the relevant negotiation tactics that can be employed to achieve the best deals. Delegates would improve their knowledge on how to spot the pitfalls in project finance structures and identify the risks, credit, and funding criteria. Through practical exercises, delegates would learn sector-specific modeling and structuring protocols and how to build a cashflow models from scratch. The symposium would also cover other issues that include political risk structuring, and tailor the project to suit the funding. In addition, the symposium would consider the future direction and developments in the sector and how to best take advantage of these. Finally, attendees would be taken on a guided tour of relevant projects in and around Dubai and Abu Dhabi on the last day of the symposium. Through this tour, attendees would have the opportunity to interact directly with experienced Project Finance Managers, Directors, and Executives.

Read more…