The Need for Metrics - Measuring the Ongoing Value of a Project Establishing metrics that measure the project´s value, both during execution and at the end of the project, is critical. Also, the true value of the project may not be known until well after the project has been completed. Executives, clients and stakeholders today are re-thinking the definition of project success. While time and cost considerations are still important, emphasis must also be placed upon the value that the project will deliver. Establishing metrics that measure the project's value, both during execution and upon completion, is critical. The true value of the project may not be known until well after the project has been completed. Each value metric is project-specific and requires different value attributes as selected by the project manager, client, and stakeholders, at the onset of the project. Bear in mind, it is possible that agreement on the value metric(s) may not be reached. In such cases, different value metrics may be required for each individual dashboard audiences. In the near future, each project team will have a specialist assigned with expertise in dashboard design. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs.
The Need for Metrics - Measuring the Ongoing Value of a Project Establishing metrics that measure the project´s value, both during execution and at the end of the project, is critical. Also, the true value of the project may not be known until well after the project has been completed. Executives, clients and stakeholders today are re-thinking the definition of project success. While time and cost considerations are still important, emphasis must also be placed upon the value that the project will deliver. Establishing metrics that measure the project's value, both during execution and upon completion, is critical. The true value of the project may not be known until well after the project has been completed. Each value metric is project-specific and requires different value attributes as selected by the project manager, client, and stakeholders, at the onset of the project. Bear in mind, it is possible that agreement on the value metric(s) may not be reached. In such cases, different value metrics may be required for each individual dashboard audiences. In the near future, each project team will have a specialist assigned with expertise in dashboard design. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs.
Effective Communication: The Make or Break for Projects Most, if not all, of the problems we encounter while managing our projects can be traced to a communications breakdown of some sort, perhaps even an overall lack of effective communication. When you communicate effectively, you are better able to interface with others and develop stronger relationships. This lively and engaging presentation will help to emphasize the importance of good communication within the project management arena and provide you with the whys, whats, whens and hows of effective project communication. This lively and engaging presentation will help to emphasize the importance of good communication within the project management arena and provide you with the whys, whats, whens and hows of effective project communication. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs. Each professional development activity yields one PDU for one hour spent engaged in the activity. Some limitations apply and can be found in the Ways to Earn PDUs section that discusses PDU activities and associated policies. Fractions of PDUs may also be reported. The smallest increment of a PDU that can be reported is 0.25. This means that if you spent 15 minutes participating in a qualifying PDU activity, you may report 0.25 PDU. If you spend 30 minutes in a qualifying PDU activity, you may report 0.50 PDU.
Creating the Most Value with Project Management Metrics This talk will provide guidance for participants who want to implement or improve the metrics they use for project management. The discussion will focus on important distinctions to keep in mind, including the key difference between a project which is tackling something brand new, vs. a project which is only execution oriented, as these will be best served by different types of metrics. It will also look at qualitative versus quantitative metrics and describe when to use which, present a formula for Project Management Effectiveness with the associated metrics, and explain the new ISO 56000 innovation management standard. Key Takeaways: A decision tree structure that shows how to think about project management metrics Project Leader Perspective vs. PMO Perspective Qualitative vs. Quantitative Metrics and the top ones to use The Project Management Effectiveness Formula Dashboards for the PMO The New ISO 56000 Innovation Management Standard
Reinventing Project Management Now! Projects are taking up a more and more prominent role within organizations and the economy as a whole. Simultaneously, the skill set demanded of project management professionals is changing, too. Recently, Gartner claimed that 80% of today's project management tasks will be eliminated by 2030 as Artificial Intelligence takes over. This statistic alone is an indicator that the project management profession will undergo profound changes in the next decade, if not earlier, and we should see this as a call for action to redefine the future of our profession. This session, founded upon some of the latest research conducted in collaboration with HBR, will explore the challenges that the project management profession is facing both from a methodological point of view, as well as the disruptions that are already impacting us, such as AI, robots, and blockchain. If we act now, project management will become one of the most sought-after competencies by organizations in the new world. Understand the disruption that the project management profession is about to face Learn new and simpler project management concepts that will help us become the profession of the future Understand the skills and competencies needed to be successful in the project economy This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs.
Take your business skills to the next level with our Competitive Business Strategies course, which includes a mini MBA. With modules covering everything from business law to entrepreneurship, you'll gain a comprehensive understanding of the foundations of business management. Our course will help you develop the skills and knowledge needed to succeed in a competitive business environment. Learning outcomes: Gain a comprehensive understanding of Business Management. Develop the skills to plan and execute successful business strategies. Learn the importance of effective communication and negotiation in a business setting. Understand the fundamentals of finance, accounting, and marketing. Acquire knowledge of corporate social responsibility and risk management. Learn to avoid common management mistakes. Our Competitive Business Strategies with Mini MBA course is designed to provide students with a comprehensive understanding of Business Management. With 25 modules covering everything from the foundations of business to project management, you'll gain a well-rounded education that will enable you to tackle any challenge that comes your way. Through this course, you'll learn how to plan and execute successful business strategies, including effective communication and negotiation techniques. You'll also gain an understanding of the fundamentals of finance, accounting, and marketing, which are essential for any business to succeed. Additionally, you'll explore the importance of corporate social responsibility and risk management, as well as how to avoid common management mistakes. Whether you're an entrepreneur looking to start your own business or a seasoned professional seeking to enhance your skills, our Competitive Business Strategies course will equip you with the knowledge and expertise you need to succeed in the ever-changing world of Business Management. Join us today to unlock your potential and take your career to new heights! Certification Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations. CPD 10 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Aspiring entrepreneurs Business professionals seeking to enhance their skills Managers and executives Individuals looking to gain a well-rounded education in Business Management Career path Business Manager (£24,000 - £60,000 per year) Operations Manager (£28,000 - £60,000 per year) Marketing Manager (£23,000 - £68,000 per year) Human Resource Manager (£24,000 - £56,000 per year) Entrepreneur (Salary varies depending on the business) Project Manager (£27,000 - £70,000 per year)
In the realm of strategic business, the art of formulating and implementing effective strategies is akin to navigating uncharted territories. strategic business course in Strategy Formulation and Implementation presents an opportunity to unravel the complexities of strategic management, equipping participants with the tools and knowledge to thrive in this dynamic industry. Learning Outcomes: Gain a comprehensive understanding of strategic management principles and their application in the business context. Explore the significance of corporate governance in shaping strategic decision-making processes. Master the techniques of industry analysis to identify opportunities and threats in the competitive landscape. Acquire skills in strategy formulation, enabling the development of effective and sustainable business strategies. Learn the intricacies of strategy implementation and the critical factors necessary for successful execution. Understand the importance of evaluation, control, and continuous improvement in strategic management. The Strategy Formulation and Implementation course is designed to equip individuals with the knowledge and skills necessary to excel in the field of strategic business. Through a comprehensive curriculum, participants will delve into the foundations of strategic management, exploring concepts such as corporate governance, industry analysis, and strategy formulation. They will gain insights into the process of creating robust business strategies that align with organisational goals and leverage market opportunities. Moreover, the course delves into the intricacies of strategy implementation, emphasising the importance of effective execution and monitoring to achieve desired outcomes. Participants will also learn about evaluation and control mechanisms to assess the success of implemented strategies and make necessary adjustments for continuous improvement. Additionally, the course explores the role of building a strong brand and fostering customer relationships in strategic business success. With a focus on social responsibility and ethics, participants will develop a holistic understanding of the broader implications of strategic management in today's business landscape. Certification Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations. CPD 10 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Aspiring managers and leaders seeking to enhance their strategic thinking and decision-making skills. Professionals in business development, strategic planning, or project management roles. Entrepreneurs and business owners aiming to develop and implement effective strategies for growth and sustainability. Individuals transitioning into strategic management roles or seeking career advancement opportunities in this field. Consultants and advisors specialising in strategic business planning and execution. Career path Strategy Analyst: £30,000 - £45,000 per annum Business Development Manager: £35,000 - £60,000 per annum Strategic Planning Manager: £45,000 - £75,000 per annum Chief Strategy Officer: £80,000 - £150,000 per annum Management Consultant (Strategic Focus): £40,000 - £80,000 per annum Director of Strategy and Innovation: £90,000 - £200,000 per annum
The Value Driven Project Manager This presentation addresses how core values are formed at the individual level and at the organizational level. It will also address how these values drive personal performance and influence the effectiveness of the professional project manager. Is project management a profession or simply a methodology? While the debate continues, there is no doubt that a well-trained, experienced, professional project manager will make a meaningful addition to any organization. The career-minded project manager is an authority on achieving success, and continually practices and develops the skills necessary to overcome any challenges encountered during the process. This video offers keen insight into how core values are formed at the individual level and at the organizational level, and how these values drive personal performance and influence the effectiveness of the professional project manager. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs. Each professional development activity yields one PDU for one hour spent engaged in the activity. Some limitations apply and can be found in the Ways to Earn PDUs section that discusses PDU activities and associated policies. Fractions of PDUs may also be reported. The smallest increment of a PDU that can be reported is 0.25. This means that if you spent 15 minutes participating in a qualifying PDU activity, you may report 0.25 PDU. If you spend 30 minutes in a qualifying PDU activity, you may report 0.50 PDU.
Ready to explore the latest trends and approaches in Business Studies? Our course offers a comprehensive curriculum that equips you with the knowledge and skills you need to succeed in the 21st century. With a focus on understanding the business environment, operations, organisational studies, and human resource management, you'll gain valuable insights into the world of business. Learning Outcomes: Develop a deep understanding of Business Studies Analyse the business environment and gain insights into its impact on organisations Gain an understanding of business operations and the key factors that contribute to success Explore the principles of organisational studies and their impact on businesses Learn effective human resource management techniques that drive employee satisfaction and success Gain insights into the latest trends and approaches in Business Studies In the fast-paced world of business, having the right knowledge and skills can make all the difference in your career. With our course, you can gain a competitive edge in business studies. Here are just a few of the career paths you could pursue with the knowledge and skills gained from our course: Business Analyst: Explore business operations and develop strategies to drive growth and success. HR Manager: Oversee employee relations, recruitment, and training and development programs. Operations Manager: Ensure that a business runs smoothly and efficiently on a day-to-day basis. Business Consultant: Help organisations identify areas for improvement and develop strategies for success. Marketing Manager: Develop and implement marketing strategies to promote products and services and drive sales. Enrolling in our Business Studies: Trends and Approaches in the 21st Century course is the first step towards unlocking these exciting and lucrative career paths. With a focus on the latest trends and approaches in Business Studies, our course offers a comprehensive curriculum that covers everything from understanding business principles to effective organisational and human resource management techniques. Don't wait - enrol today and set yourself up for success in the world of business. Certification Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations. CPD 10 CPD hours / points Accredited by CPD Quality Standards Who is this course for? This Business Studies: Trends and Approaches in the 21st Century course is ideal for: Recent graduates looking to start their careers in Business Studies Mid-level professionals looking to advance their careers Anyone interested in gaining a deeper understanding of business principles Individuals looking to improve their knowledge and skills in business operations and human resource management Anyone seeking to stay up-to-date with the latest trends and approaches in Business Studies Requirements Without any formal requirements, you can delightfully enrol in this course. Career path Business Analyst (average salary range of £25,000-£45,000 per year) Human Resources Manager (average salary range of £30,000-£70,000 per year) Operations Manager (average salary range of £30,000-£60,000 per year) Business Consultant (average salary range of £30,000-£80,000 per year) Marketing Manager (average salary range of £25,000-£60,000 per year)