Training Project Failure Recovery
Introduction
The key areas covered will be project assessment considerations followed by a structured and systematic approach to minimize further losses and delays and revert back as fast as possible to its original intended outcome.
The approach adopted for this course would be a case study approach.
Course Objectives
At the end of the program, the participants should be able to:
- Define the different categories of projects
- List characteristics of troubled projects
- Recognize key requirements for assessing project status
- Identify competencies needed to assess and recover from troubled projects
- Assess critical parameters of troubled projects
- Analyze findings from assessments made
- Select appropriate action plans needed for recovery
- Develop means to recover from troubled projects
- Undertake recovery process based on plan
- Monitor the recovery process
Course Outline
DAY 1
- An overview of the concept of “troubled” projects
- Why projects become “troubled”
- Key things to look out for to prevent project failure
- Importance of project assessment and recovery
- Requirements for project assessment and recovery
DAY 2
- Developing a project assessment plan
- Characteristics of an assessment plan
- Critical documentation analysis
- Opportunity, threats and issues recognition
- Tools and techniques for conducting project assessments
- Requirements for monitoring project recovery
