The Driving Factors of Project Management Success in the Financial Sector (Specialised Workshop)

Course Description

This is a specialised workshop in Project Management that provides insight into the factors that drive success of projects within the financial services industry.

Project management concepts are traceable to century old practices however; it is the last two decades that has established a global practice framework to advance the professional success of project management.

Today’s projects in the financial services sector are faced with high complexity, uncertainty, inability to define final outcomes, tight budget constraints, unstable market conditions and many other challenges. Hence, the fundamental base of a core business strategy lies in the combination of the tactful planning in the implementation of projects, foreseeing the risks it brings along, and successfully tackling all challenges to ensure best project outcomes.

Therefore, learning about how to lead projects successfully can be a competitive weapon for all the players in the financial services sector. This workshop will focus on providing an insightful briefing about a number of important project management concepts and skills applicable to the financial services sector along with unique project management team building exercises.

*Note: This workshop is not included in the corporate package

Key Details

Trainer: Ilango Vasudevan

Duration: 2 Days

Date: 23 - 24 November 2016

Timings: 8:30AM - 3:30PM

No. of Hours: 10

PDUs: 10

Fees: BD 350/-

Venue: External

Day One

The Driving Factors of Project Management Success in the Financial Services Sector

Learning Objectives

Establish projects in the financial sector as knowledge driven projects
Define the fundamentals of project management framework
Understand the unique challenges and opportunities of knowledge driven projects
Learn about the sponsor-manager partnership model
Learn about the agile practices as an emergent solution to knowledge projects
Understand the importance of project management systems in maturing the project performance

Main Topics

The topics of this workshop are based on the good practices of project management as per international standards and leading publications/journals that have been researched on the subject.

Construct of projects and relevance to business strategy
Project framework within financial sector, the project types, classification etc
Project management life cycle and knowledge areas overview
Understanding the differentiating tools in project management
Challenges and solutions to financial sector project context
How to be an effective Sponsor
Overview of good practices of agile as applied to knowledge projects
Project management information system – strategy and scope
Overview of good practices of agile processes as applied to knowledge projects

Day One

The Driving Factors of Project Management Success in the Financial Services Sector

Learning Objectives

Establish projects in the financial sector as knowledge driven projects
Define the fundamentals of project management framework
Understand the unique challenges and opportunities of knowledge driven projects
Learn about the sponsor-manager partnership model
Learn about the agile practices as an emergent solution to knowledge projects
Understand the importance of project management systems in maturing the project performance

Main Topics

The topics of this workshop are based on the good practices of project management as per international standards and leading publications/journals that have been researched on the subject.

Construct of projects and relevance to business strategy
Project framework within financial sector, the project types, classification etc
Project management life cycle and knowledge areas overview
Understanding the differentiating tools in project management
Challenges and solutions to financial sector project context
How to be an effective Sponsor
Overview of good practices of agile as applied to knowledge projects
Project management information system – strategy and scope
Overview of good practices of agile processes as applied to knowledge projects

Day Two

Project Management Team Building Game

About the Game

The Project Management Team Building Game is a one day event where project teams from various organisation will compete in demonstrating their project management capabilities in a highly realistic simulated environment. The game helps in learning the real life project management challenges through multiple rounds of exciting and powerfully designed decisions, analysis, strategy and team engagement exercises. These rounds will also cover many real life scenarios related to leadership, analytics, planning, team conflicts, bidding, price war, stakeholders, recovering troubled scenarios, resource optimisation exercises and more. Every strategy you take, every decision you make; will decide the winning team. So, are you ready for the challenge?

Game Guidelines

All teams will start the day with a pre-defined investment amount and project choices.
The teams will decide and choose projects based on competitive bidding.
Project management good practices are rewarded with a bonus, and poor practices will create a liability on the team’s performance.
The teams will compete on the effectiveness of their strategies, decisions and choices.
These strategies, decisions and choices will be submitted in different templates, excel sheets,
documents etc. which will be analysed and discussed at the end of each round.
The trainer will provide feedback at the end of each round to enhance the learning experience.

Day Two

Project Management Team Building Game

About the Game

Game Guidelines

All teams will start the day with a pre-defined investment amount and project choices.
The teams will decide and choose projects based on competitive bidding.
Project management good practices are rewarded with a bonus, and poor practices will create a liability on the team’s performance.
The teams will compete on the effectiveness of their strategies, decisions and choices.
These strategies, decisions and choices will be submitted in different templates, excel sheets,
documents etc. which will be analysed and discussed at the end of each round.
The trainer will provide feedback at the end of each round to enhance the learning experience.

Trainer

Ilango Vasudevan PgMP, PMI-ACP, CSCP (APICS), TOGAF,
MBCI (BCI), CISA (ISACA)

Consultant l Trainer l Coach l Mentor

Osama A.Wahid66

Mr. Ilango leads a highly influential career in programme/project management domains spanning two decades of international engagements. Ilango has worked for the two largest international consulting firms having led the PMO services and strategic projects. Ilango has authored a number of publications in the PMO Global and has made a number of presentations in the PMI global conference summits in the Gulf Region. Moreover, Mr.Ilango has led large scale international business and IT transformation projects with vast complexity and heavy budgets. These projects include PMO operations of high visibility government projects in India, Africa & USA.

Mr. Ilango has overall 5000 training hours in strategic project management, PMO coaching, and PMI examination preparation training. He is well known for his extensive knowledge in project management making him one of the best trainers in this field.

He delivered many of PMI credentials preparatory courses for leading international IT & consultancy firms with highly successful examination passing rates in PMI credentials in Bahrain and in the region. In addition, Ilango designed and delivered a number of PMI PDU courses focusing on specific project/program management strategy, performance and operations.