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Projects tend to take longer and cost more than expected. How is it possible to balance the many demands on a project manager to improve a project's outcome?
Project Management shows how to be a successful project manager by exploring how projects are initiated, evaluated, and selected. It also addresses all phases of project planning, the use of CPM and PERT to schedule tasks, and how to make trade-offs between the various project constraints.
The importance of project management cannot be truly emphasized.
If one has the best team, adequate resources as well as appropriate time and money on hand, but fails to utilize them in the best possible manner, then all the investments are as good as gone down the drain. Put the business angle into it and this failure would translate into losses—both in terms of money and credibility in the market. Therefore, it is important to follow a method to achieve success.
The responsibility of managing a project can be demanding, and following a tried and tested project management methodology can often take some weight off the shoulders of a project manager. While there are many systems or methods you can follow to bring a project to successful completion, there are three predominant methods that have evolved over the years for project management: traditional (waterfall), phase gate, and Agile Scrum.
In this CPE Business Management webinar, the strengths and weaknesses of each will be discussed along with identifying when they should be used and when they should not. Examples of each project management methodology will be presented.
, Product and Process Innovation, Inc.
Raymond Sheen, PMP® LSS BB, is president and founder of Product & Process Innovation, Inc. He is a veteran business leader with over 35 years of executive, functional, and project management experience working in GE, the US Air Force and as an independent consultant. Ray is author of the book, Guide to Building Your Business Case, published by Harvard Business Review Press and a contributor to the book, Guide to Project Management, also published by Harvard Business Review Press. Ray teaches process improvement, digital transformation, project management, product development and strategy development topics through Worcester Polytechnic Institute in Massachusetts.
Ray received his B.S. in Mechanical Engineering from the United States Air Force Academy and his M.S. in Astronautical Engineering from the Massachusetts Institute of Technology. He has recently completed a graduate certificate in Digital Leadership and Strategy from Boston University. He also attended numerous business management and executive management training programs while at GE. Ray is a Fellow at the Institute for Digital Transformation and a member of the Project Management Institute (PMI and the Institute of Electrical and Electronic Engineers (IEEE).
The focus of Ray’s work has been the management and deployment of technology in various industries and business functions including finance, engineering, marketing, manufacturing, service, and IT. Ray has completed projects, managed teams and delivered training and consulting on three continents and 15 countries.
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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy 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.NASBARegistry.org.
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