Strategic project management integrates the principles of project management with strategic business objectives to achieve long-term success. Unlike traditional project management, which focuses primarily on meeting project-specific goals like deadlines, budgets, and scope, strategic project management aligns each project with the broader goals and vision of the organization. This approach ensures that projects not only succeed in their own terms but also contribute to the company's competitive advantage and growth.
A key aspect of strategic project management is prioritizing projects that provide the highest value to the organization. Project managers in this approach work closely with executives to select, plan, and execute projects that align with business strategies, such as market expansion, cost reduction, or innovation. This alignment requires clear communication, extensive planning, and continuous adjustment to adapt to shifting business environments and organizational needs.
By embedding strategic priorities into project management practices, organizations can optimize resources, improve decision-making, and measure the impact of projects beyond immediate results. Ultimately, strategic project management enhances the organization’s ability to respond proactively to market trends and internal changes, making it a critical approach for businesses seeking sustainable growth and resilience in a competitive landscape.
This Certificate in Strategic Project Management training course will highlight:
- Understanding the fundamentals of Strategic Project Management
- Key Project Management skills needed to maximise project performance
- Project Strategizing and Strategic Planning
- Planning, Organising, Implementing, and Controlling Projects
- Project Leadership and Team Building
- Knowing what it takes to get the job done
This Energy Training Centre training course is designed to provide team leaders, project managers, engineers, and technical specialists with the skills and knowledge to successfully manage and deliver projects in line with strategic business objectives.
By the end of this training course, delegates will have learned to:
- Apply a professional and systematic approach to Strategic Project Management
- Understand the project life-cycle and complexity factors
- Develop a practical and efficient Project Management Plan
- Establish essential project control methods and procedures
- Effectively identify, analyse, and control project risks
- Maximise project leadership and team building skills
The training methodology will incorporate both theory and skill training components, utilising both traditional lectures, as well as hands-on exercises, group discussions, and case studies.
Both private and public organisations will greatly benefit from enhancing their skills base in project management. This will improve the likelihood of achieving business and project objectives through on-time and on-budget delivery by focusing on:
- Project strategizing in line with core business values and objectives
- Proactive identification of risk sources and minimization of their impacts
- Knowledge of project control issues and best practices
- Understanding the inter-dependant relationship between quality, cost, and time
- Enhancing project management skills and knowing how to get the job done
- Developing strong project teams that can be transferred between projects
Participants will develop additional and valuable project management and project delivery skills, essential not only to project management, but to getting things done as a whole, including:
- Learning to improve the speed and efficiency of delivery in all projects
- Improving their risk identification and analysis skills
- Refining their strategic project planning and estimating techniques
- Enhancing their integrated team management skills
- Developing key attributes required of a Project Management Professional
- Becoming an indispensable project team member and leader
This Certificate in Strategic Project Management training course is specifically tailored to team leaders, project managers, engineers and technical specialists, but will also benefit anyone who is involved in business management and delivery.This course is suitable to a wide range of professionals but will greatly benefit:
- Project Managers & Engineers
- Project Control Managers & Engineers
- Proposal Managers
- Risk Managers
- Contract Managers
- Project Engineers
- Discipline Engineers
- Technical Specialists
Day One: Project Management Planning and Strategizing
- Projects and Programs
- Project Identification
- Understanding the Organisation & Complexities in Oil & Gas Projects
- Project Life Cycles and Stage Gates
- Project Sanctioning and Approval Process
- Development of the Strategic Project Business Case
- Exploratory Decision Analysis
Day Two: Strategic Project Delivery Preparation
- Understanding the Macro-Environment in Relation to Projects
- Working with Stakeholders and Managing their Expectations
- Preparing for Project Delivery through 20 Steps
- Defining Project Roles & Responsibilities
- Developing a Strategic Project Execution Plan
- Compiling Project Estimates
- Producing Work & Cost Breakdown Structures
Day Three: Project Analysis & Control
- Financial Feasibility Analysis
- Financing & Credit Risk Considerations
- Developing Realistic Project Schedules
- Critical Path Analysis
- Project Control & Management of Change
- Key Performance Indicators & Earned Value Management
- Monitoring & Reporting Project Progress
Day Four: Identifying, Analysing & Controlling Project Risks
- Defining & Describing Risk
- Planning the Risk Management Process
- Identifying Risk
- Qualitative & Quantitative Risk Analysis
- Risk Response Planning
- Prioritising Risks Strategically
- Controlling Risks
Day Five: Developing Strategic Management and Leadership Skills
- Project Managers & Leaders – Unique Requirements
- The Need for a Team Approach
- The Team Development Cycle
- Developing Effective Teams
- Keys to Effective Influence & Persuasion
- Communication, Delegation & Motivational Skills