Decision Making in Projects

An Intensive 5 - Day Training Course

Decision Making in Projects

Techniques Towards Successful Project Delivery

PMI® Registered training
PMI® Registered training

Scheduled Dates

12 - 16 Dec 2022 Barcelona - Spain $5,950
21 - 25 Aug 2023 London - UK $5,950
11 - 15 Dec 2023 London - UK $5,950
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Why Choose this Training Course?

Decision-making in Projects is a key skill that many project personnel struggle with. Project Management has evolved into a discipline of high-level decision making and the aim of this PetroKnowledge Decision Making in Projects training course is to help augment the intuition of a Project Manager and project team members taking and making decisions. It’s extremely useful to recognise that the ability to make good, solid decisions can make the difference between delivering projects successfully or leading towards failure.

Some find making decisions extremely difficult – it’s not always the actual decision per se. Some people are naturally creative, have the ability to think out of the box, but we may have to ensure that they are weighed up against the operational constraints or time, cost, quality and with an awareness of any associated risks.

This Decision Making in Projects training course will help to build, develop and hone the essential skills needed to improve decision-making in a dynamic project workforce, with the key areas of constraint being time, cost and scope having the ability to affect a project’s outcome. We will consider what must be done to maintain these three constraints and any associated risks.

This PetroKnowledge training course will highlight:

  • Learn how to diagnose a decision situation and design an efficient process to make the decision
  • Use decision quality principles and differences in framing, information, and preferences to jointly create greater value and reach win-win solutions in multi-party situations
  • Prepare for and conduct negotiations and deal with difficult negotiation tactics
  • Lead the decision process and effectively facilitate meetings
  • Manage interpersonal and organisational dynamics to facilitate agreement and clarity of action
  • Leverage information sharing and a relationship frame to maximise the value for each party
  • Learn skills to allow project team members to guide dialogue among those who outrank you

What are the Goals?

This Decision Making in Projects training course intends to guide successful projects based on intelligent and well-founded decisions to be made, escalated and carried out to assist project delivery.

Some of the key techniques that delegates will encounter on this training course:

  • Problem Solving Models
  • Objectives and Analytical Techniques
  • Recognising and Comparing Different Options
  • Recognising Barriers to Effective Problem Solving
  • Perceptual Processes
  • Consideration of Politics, Escalation and Entrapment

Who is this Training Course for?

Anyone who finds that they need to make decisions in projects and wish to develop the appropriate skills to improve this position would be most welcome to attend this Project Management training course. Anyone who plans to develop their own role in projects and feels that decision-making is an area to be improved will gain many useful skills to assist in this important area.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Project Decision Makers
  • Procurement Professionals
  • Project Managers
  • Project Management Professionals
  • Estimating Personnel
  • Related Project Support Managers
  • Project Control and Business Services Professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies

How will this Training Course be Presented?

Participants will receive a thorough training on the subjects covered with the instructor utilising a variety of proven adult learning teaching and facilitation techniques. Training course methodology includes an insight into decision-making methods and project constraint considerations. In addition, industry best-practice tools and processes will be introduced and used as practice examples. This Project Management training course on Decision Making in Projects includes teamwork around an applicable case study, group discussion and critical analysis of actual projects.

Organisational Impact

Project organisations would benefit from having personnel who have the key skills to make good project decisions. Having project managers or team members with the skills to make decisions in a creative yet analytical manner would hugely benefit projects being delivered in a successful manner.

Personal Impact

Participants who can hone their decision-making skills will be more confident, comfortable and satisfied with their roles in their projects. Having confidence based on past-performance will allow participants to develop their own inherent skills and hence their own careers.

Daily Agenda

Day One: Fundamentals of Project Management

  • Projects Decision-Making Opportunities
  • Project Life Cycles and Stage Gates

Project Context in the Oil & Gas Industry

  • Appreciation of Macro-environment in Relation to Projects
  • Understand Who Stakeholders are and How they may impact upon the project
  • Project Preparation & Planning Responsibilities

Day Two: Project Leadership Skills

  • Learn what decision leadership is?
  • Understand the Project Organisation and How decision-making differs
  • Project Manager – Unique Requirements
  • Leadership Styles
  • Build an executive leadership style that creates trust, sets a clear vision, and guides the team toward greater performance
  • Consider implications of unclear roles and responsibilities to project success

Day Three: Collaborative Decision-Making

  • General Decision-making Concepts
  • Types of Decision Models
  • The Decision-making Process

Using Risk to Assist in Decision-Making

  • Planning and Identifying Risk
  • Analysing the Key Areas of the Project
  • Measuring and Managing Risk
  • Evidence Based Decision Making

Day Four: Multi-Criteria Decision-Making

  • Multi-criteria Scoring Model
  • Analytic Hierarchy Process

How to Display a Decision Problem?

  • Decision Tables
  • Decision Trees
  • Influence Diagrams
  • Monte-Carlo Simulations

Day Five: How to Evaluate a Decision?

  • Review Decisions Made
  • Use Root-cause Models to Evaluate Decisions
  • Evaluate Effectiveness of Decision
  • Consider the Way Forward
  • Capture Lessons-learned

Certificate

  • On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates
  • On successful completion of this PetroKnowledge training course, Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Accreditation

PMI® Registered Training Course

The Registered Education Provider (R.E.P. ID:4349) status with the Project Management Institute (PMI®) enables PetroKnowledge to issue applicable Professional Development Hours/Units (PDHs/PDUs) to participants on our Project Management oriented training courses, to help them achieve or maintain PMI® professional credentials.

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

Visit Website ›

Oxford Management Centre

Our collaboration with Oxford Management Centre aims to provide the best training services and benefits for our valued clients.

Visit Website ›

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 56 222 7795 | +971 2 557 7389 or send an email to reg@petroknowledge.com

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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