Predictive Analysis in Project Management

OVERVIEW

Wouldn’t it be great to be able to predict possible outcomes of a project not strictly by analyzing data, but by simple introspection?

Your corporate executives can create projects and assign responsibility. They demand success but how do you know when and if your project will truly be successful? Analyzing your existing organization’s processes and team can help mitigate future project failures. This Predictive Analytics Training Course will discuss methods and techniques that you can use to better help predict the success of your project.

WHY SHOULD YOU ATTEND

Early detection of why or if project failures might occur can save your organization not only large amounts of capital investment, but also gain future buy-in possibilities from major stakeholders and improved morale from project team members. Detecting the possible outcomes of a project early on, aide in streamlining a greater success rate and tremendously boost morale of the organization.

AREAS COVERED

We can’t guarantee that you will have ESP after attending this webinar but what we will do is this:

We will take a close look at the major components that contribute to project success or failure:

• Understanding the business objectives

a) Is the organization able to clearly identify the business objective(s)

b) Have they been able to parlay those objectives effectively to the team?

• Project complexity

a) Describing project complexity in itself can be a complex thing

b) How many interdependent things are there on the project

c) How often has this been done before

d) The number of requirements and number stakeholders issuing requirements add to complexity

• Risk

a) The number of risks

b) The risk quantification

• The project team’s make up and morale

a) How experienced is your team?

b) Is the corporate atmosphere such that they can help prevent their own failures or is it a totally autocratic environment?

• Process inspection and improvement

a) Rather than waiting until the end of the project it is often better to constantly inspect the process and work on improvement initiatives prior to project end.

b) Again, looking at the team, do they have ability to initiate their own process improvements?

• On time and under budget does not necessarily equate to project success.

LEARNING OBJECTIVES

How to analyze/predict project success from a somewhat subjective point of view.

WHO WILL BENEFIT

• Project Managers
• Project Sponsors
• Project Team members
• Executives

Email: [email protected]

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

Others Details

This Predictive Analytics Training Course will discuss methods and techniques that you can use to better help predict the success of your project. Book now!