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13 - PRJ - Project Management

PRJ 154 - Rapid Assessment and Recovery of Troubled Projects

Code Start Date Duration Venue
PRJ 154 05 September 2022 5 Days Istanbul Registration Form Link
PRJ 154 31 October 2022 5 Days Istanbul Registration Form Link
PRJ 154 26 December 2022 5 Days Istanbul Registration Form Link
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Course Description

Every project manager will have to face troubled projects sooner or later.  Knowing what to do when the time comes will be critical to their success. Taking immediate action– with speed, accuracy, power, balance and focus is vital. Rapid Assessment and Recovery of Troubled Projects demonstrates a proven process to project recovery. Participants will get everything they need (process, tools, techniques) to perform a rapid assessment of a project in trouble, develop a recovery plan and manage the transition to stabilization.

Course Objectives

  • Perform a rapid assessment of a project to determine its status
  • Determine whether stabilization is possible
  • Establish a stabilization plan
  • Lead a transition to a stabilized project
  • Define a continuous improvement system

Who Should Attend?

  • Project managers
  • Senior managers
  • Project executives

Course Details/Schedule

Day 1

  • Defining and Examining Troubled Projects
  • Project Management Tools
  • The rapid assessment and recovery process
  • Key variables: people, process, tools, metrics
  • Key inhibitors and sensitivities
  • Process summary

Day 2

  • Assessment and recovery charter
  • The development of the assessment plan
  • the project history and sensitivities
  • initial project team contact
  • assessment approach
  • Gaining approval 

Day 3

  • Planning the Assessment
  • Conducting the assessment
  • Assessment process
  • Conducting interviews
  • Analyzing and validating project data
  • Meeting with customers and -stakeholders
  • Determining and validating findings

Day 4

  • The development of the recovery plan
  • Recovery planning process
  • Determining and prioritizing risks, problems and opportunities
  • Prioritization using the Comparative Risk Ranking and Comparative Problem Ranking
  • Setting up metrics and an early warning plan
  • Re-establishing the baseline

Day 5

  • Transition and Stabilizing the Project
  • Executing risk, problem and opportunity management plans
  • Skills transfer
  • Implementing project control metrics tracking
  • Avoiding Troubled Projects in the Future
  • Project management skills and methodology