Code Date Venue Fees
PM053 17 - 21 Dec 2017 Muscat - Oman $4,500 Register
Home » Seminars » Project Management » Decision Making in Projects

Introduction

Decision-making in Projects is a key skill that many project personnel struggle with. Project Management has evolved into a discipline of high-level decision making and the aim of this course is to help augment the intuition of a Project Manager and project team members taking and making decisions. It’s extremely useful to recognise that the ability to make good, solid decisions can make the difference between delivering projects successfully or leading towards failure.

Some find making decisions extremely difficult – it’s not always the actual decision per se. Some people are naturally creative, have the ability to think out of the box, but we may have to ensure that they are weighed up against the operational constraints or time, cost, quality and with an awareness of any associated risks.

This training course will help to build, develop and hone the essential skills needed to improve decision-making in a dynamic project workforce, with the key areas of constraint being time, cost and scope having the ability to affect a project’s outcome. We will consider what must be done to maintain these three constraints and any associated risks.

This training seminar will highlight:

  • Learn how to diagnose a decision situation and design an efficient process to make the decision
  • Use decision quality principles and differences in framing, information, and preferences to jointly create greater value and reach win-win solutions in multi-party situations
  • Prepare for and conduct negotiations and deal with difficult negotiation tactics
  • Lead the decision process and effectively facilitate meetings
  • Manage interpersonal and organisational dynamics to facilitate agreement and clarity of action
  • Leverage information sharing and a relationship frame to maximise the value for each party
  • Learn skills to allow project team members to guide dialogue among those who outrank you

Objectives

This training seminar intends to guide successful projects based on intelligent and well-founded decisions to be made, escalated and carried out to assist project delivery.

By the end of the training course, delegates will be able to:

  • Understand the importance of integrating scope, time, resources and cost management
  • Learn problem-solving models to address decision-making situations in a systematic fashion
  • Understand some of the difficulties that can arise at the various stages in the project
  • Identify with and manage stakeholders and communication needs in projects
  • Understand the importance of accurately estimating and allocating project costs and resources
  • Identify risk sources and learn how to mitigate potential risks and deal with uncertainty

At the end of this training seminar, you will learn to:

  • Master problem solving models
  • Understand Objectives and Analytical techniques
  • Learn how to recognise and compare different option
  • Recognise barriers to effective problem solving
  • Gain an understanding of perceptual processes
  • Consider Politics, Escalation and Entrapment

Training Methodology

Participants will receive a thorough training on the subjects covered with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes an insight into decision-making methods and project constraint considerations. In addition, industry best-practice tools and processes will be introduced and used as practice examples. The course includes teamwork around an applicable case study, group discussion and critical analysis of actual projects.

Organisational Impact

Project organisations would benefit from having personnel who have the key skills to make good project decisions. Having project managers or team members with the skills to make decisions in a creative yet analytical manner would hugely benefit projects being delivered in a successful manner.

Personal Impact

Participants who can hone their decision-making skills will be more confident, comfortable and satisfied with their roles in their projects. Having confidence based on past-performance will allow participants to develop their own inherent skills and hence their own careers.

Who Should Attend?

Anyone who finds that they need to make decisions in projects and wish to develop the appropriate skills to improve this position would be most welcome to attend the course. Anyone who plans to develop their own role in projects and feels that decision-making is an area to be improved will gain many useful skills to assist in this important area.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Project decision makers
  • Procurement professionals
  • Project managers
  • Estimating personnel
  • Related project support managers
  • Project control and business services professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies

Seminar Outline

DAY 1

Fundamentals of Project Management

  • Projects Decision-Making opportunities
  • Project Life Cycles and Stage Gates

Project Context in the Oil & Gas Industry

  • Appreciation of macro-environment in relation to projects
  • Understand who stakeholders are and how they may impact upon the project
  • Project Preparation & Planning responsibilities

DAY 2

Project Leadership Skills

  • Learn what decision leadership is?
  • Understand the Project Organisation and how decision-making differs
  • Project Manager–Unique Requirements
  • Leadership Styles
  • Build an executive leadership style that creates trust, sets a clear vision, and guides the team toward greater performance
  • Consider implications of unclear roles and responsibilities to project success

DAY 3

Collaborative Decision-Making

  • General decision-making concepts
  • Types of decision models
  • The decision-making process

Using Risk to Assist in Decision-Making

  • Planning and identifying risk
  • Analysing the key areas of the project
  • Measuring and managing risk
  • Evidence based decision making

DAY 4

Multi-Criteria Decision-Making

  • Multi-criteria scoring model
  • Analytic hierarchy process

How to Display a Decision Problem?

  • Decision tables
  • Decision trees
  • Influence diagrams
  • Monte-Carlo simulations

DAY 5

How to Evaluate a Decision?

  • Review decisions made
  • Use root-cause models to evaluate decisions
  • Evaluate effectiveness of decision
  • Consider the way forward
  • Capture lessons-learned

Accreditation

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Decision Making in Projects


Upcoming Dates

Code Date Venue Fees
PM053 17 - 21 Dec 2017 Muscat - Oman $4,500

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI® Approved/Registered training seminar and hence attendance to this training seminar will enable those credentialed with PMI® to receive applicable PDUs upon updating their status with PMI®.

Introduction

Decision-making in Projects is a key skill that many project personnel struggle with. Project Management has evolved into a discipline of high-level decision making and the aim of this course is to help augment the intuition of a Project Manager and project team members taking and making decisions. It’s extremely useful to recognise that the ability to make good, solid decisions can make the difference between delivering projects successfully or leading towards failure.

Some find making decisions extremely difficult – it’s not always the actual decision per se. Some people are naturally creative, have the ability to think out of the box, but we may have to ensure that they are weighed up against the operational constraints or time, cost, quality and with an awareness of any associated risks.

This training course will help to build, develop and hone the essential skills needed to improve decision-making in a dynamic project workforce, with the key areas of constraint being time, cost and scope having the ability to affect a project’s outcome. We will consider what must be done to maintain these three constraints and any associated risks.

This training seminar will highlight:

  • Learn how to diagnose a decision situation and design an efficient process to make the decision
  • Use decision quality principles and differences in framing, information, and preferences to jointly create greater value and reach win-win solutions in multi-party situations
  • Prepare for and conduct negotiations and deal with difficult negotiation tactics
  • Lead the decision process and effectively facilitate meetings
  • Manage interpersonal and organisational dynamics to facilitate agreement and clarity of action
  • Leverage information sharing and a relationship frame to maximise the value for each party
  • Learn skills to allow project team members to guide dialogue among those who outrank you

Objectives

This training seminar intends to guide successful projects based on intelligent and well-founded decisions to be made, escalated and carried out to assist project delivery.

By the end of the training course, delegates will be able to:

  • Understand the importance of integrating scope, time, resources and cost management
  • Learn problem-solving models to address decision-making situations in a systematic fashion
  • Understand some of the difficulties that can arise at the various stages in the project
  • Identify with and manage stakeholders and communication needs in projects
  • Understand the importance of accurately estimating and allocating project costs and resources
  • Identify risk sources and learn how to mitigate potential risks and deal with uncertainty

At the end of this training seminar, you will learn to:

  • Master problem solving models
  • Understand Objectives and Analytical techniques
  • Learn how to recognise and compare different option
  • Recognise barriers to effective problem solving
  • Gain an understanding of perceptual processes
  • Consider Politics, Escalation and Entrapment

Training Methodology

Participants will receive a thorough training on the subjects covered with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes an insight into decision-making methods and project constraint considerations. In addition, industry best-practice tools and processes will be introduced and used as practice examples. The course includes teamwork around an applicable case study, group discussion and critical analysis of actual projects.

Organisational Impact

Project organisations would benefit from having personnel who have the key skills to make good project decisions. Having project managers or team members with the skills to make decisions in a creative yet analytical manner would hugely benefit projects being delivered in a successful manner.

Personal Impact

Participants who can hone their decision-making skills will be more confident, comfortable and satisfied with their roles in their projects. Having confidence based on past-performance will allow participants to develop their own inherent skills and hence their own careers.

Who Should Attend?

Anyone who finds that they need to make decisions in projects and wish to develop the appropriate skills to improve this position would be most welcome to attend the course. Anyone who plans to develop their own role in projects and feels that decision-making is an area to be improved will gain many useful skills to assist in this important area.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Project decision makers
  • Procurement professionals
  • Project managers
  • Estimating personnel
  • Related project support managers
  • Project control and business services professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies

SEMINAR OUTLINE

DAY 1

Fundamentals of Project Management

  • Projects Decision-Making opportunities
  • Project Life Cycles and Stage Gates

Project Context in the Oil & Gas Industry

  • Appreciation of macro-environment in relation to projects
  • Understand who stakeholders are and how they may impact upon the project
  • Project Preparation & Planning responsibilities

DAY 2

Project Leadership Skills

  • Learn what decision leadership is?
  • Understand the Project Organisation and how decision-making differs
  • Project Manager–Unique Requirements
  • Leadership Styles
  • Build an executive leadership style that creates trust, sets a clear vision, and guides the team toward greater performance
  • Consider implications of unclear roles and responsibilities to project success

DAY 3

Collaborative Decision-Making

  • General decision-making concepts
  • Types of decision models
  • The decision-making process

Using Risk to Assist in Decision-Making

  • Planning and identifying risk
  • Analysing the key areas of the project
  • Measuring and managing risk
  • Evidence based decision making

DAY 4

Multi-Criteria Decision-Making

  • Multi-criteria scoring model
  • Analytic hierarchy process

How to Display a Decision Problem?

  • Decision tables
  • Decision trees
  • Influence diagrams
  • Monte-Carlo simulations

DAY 5

How to Evaluate a Decision?

  • Review decisions made
  • Use root-cause models to evaluate decisions
  • Evaluate effectiveness of decision
  • Consider the way forward
  • Capture lessons-learned

Quality Logo

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

Quality Logo

GLOMACS is proud to be an approved Registered Education Provider (R.E.P.) with PMI®. As an R.E.P. GLOMACS is qualified to issue applicable Professional Development Units (PDUs) to participants of any of its PMI® registered/approved seminars where one (1) PDU is equivalent to one (1) contact hour of training.

REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.



© 2017. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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