Project & Strategic Value Management

Course Introduction

This 5-day course focuses on the essential principles and practices of Project and Strategic Value Management to maximize organizational performance and achieve long-term business objectives. Participants will learn how to apply value management techniques in projects, optimize resource allocation, and align project outcomes with strategic goals. The course emphasizes value creation, risk management, and performance measurement to ensure sustainable business success.

Objectives

By the end of this course, participants will be able to:

•     Understand the concepts of value management and strategic planning.
•     Apply value engineering techniques to improve project outcomes.
•     Align project deliverables with organizational strategic objectives.
•     Enhance decision-making through cost-benefit analysis and value analysis.
•     Identify and mitigate risks in project execution.
•     Implement performance metrics to measure project and strategic value.

Target Audience

•     Project Managers
•     Strategy and Business Development Professionals
•     Operations Managers
•     Financial Analysts
•     Business Consultants
•     Senior Executives involved in strategic planning

Daily Topics

Day 1: Introduction to Project and Value Management

•     Understanding Project Value Management (PVM)
•     Key principles of Strategic Value Management (SVM)
•     The relationship between project value and organizational strategy
•     Identifying stakeholder value expectations

Workshop: Case study on identifying project value drivers

Day 2: Value Engineering and Value Analysis

•     Value Engineering (VE) principles and applications
•     Identifying and eliminating unnecessary costs
•     Techniques for value analysis in projects
•     Balancing cost, quality, and performance in project execution

Practical Session: Conducting a value engineering study

Day 3: Strategic Alignment of Projects

•     Linking projects to organizational strategy
•     Developing Key Performance Indicators (KPIs) for strategic value
•     Understanding Balanced Scorecard (BSC) for project alignment
•     Managing project portfolios for value creation

Case Study: Strategic project alignment exercise

Day 4: Risk Management in Value Management

•     Identifying and assessing value risks
•     Risk mitigation strategies for value preservation
•     Cost-benefit analysis and decision-making tools
•     Ensuring long-term value creation through proactive risk management

Workshop: Developing a risk management plan for value preservation

Day 5: Measuring and Maximizing Value

•     Tools and techniques for measuring project value
•     Cost of Ownership (COO) and Return on Investment (ROI) analysis
•     Continuous value improvement in project execution
•     Implementing value management frameworks

Final Project: Group project: Developing a Strategic Value Management Plan

Assessment:

•     Daily quizzes
•     Practical exercises and case studies
•     Final project presentation

Certification:

Participants will receive a Certificate in Project & Strategic Value Management upon successful completion of the course.

For registration & more information please contact

NAYEL Training Centre 

Tel: +971 4 5587735 | Mob: +971 54 7962098 |WhatsApp: +971 54 7962098

Email:  [email protected]