Category: Project Management & Engineering
Overview
Value Engineering & Optimization in Complex Projects provides project and engineering professionals with structured methods, tools, and best practices to plan, control, and deliver complex technical projects successfully.
Objectives
- Understand the end-to-end project lifecycle in technical and engineering contexts.
- Plan scope, schedule, cost and resources using proven tools and techniques.
- Identify and manage project risks, issues and stakeholder expectations.
- Monitor and control progress through meaningful KPIs and reporting.
- Apply lessons learned and continuous improvement to future projects.
Who Should Attend
- Project managers, engineers and technical leads in projects.
- Site, discipline and construction supervisors involved in project delivery.
- PMO staff and professionals supporting project planning and control.
5-Day Course Outline
Day 1 – Engineering Project Context & Lifecycle
- Define the characteristics of engineering and technical projects.
- Review the typical project lifecycle and key milestones.
- Clarify project roles, responsibilities and governance structures.
- Identify common challenges in engineering and infrastructure projects.
- Analyze a sample project from scope to close-out.
Day 2 – Planning Scope, Schedule & Cost
- Break down project scope into work packages and deliverables.
- Develop realistic schedules using simple network techniques.
- Estimate resources and cost at a practical level.
- Integrate scope, schedule and cost into a coherent baseline.
- Practice building a mini project plan and Gantt chart.
Day 3 – Risk, Quality & Technical Coordination
- Identify technical, commercial and HSE risks in projects.
- Assess risk probability and impact and prioritize responses.
- Discuss quality management principles and documentation requirements.
- Coordinate disciplines and manage interfaces between teams.
- Draft a simple risk register and quality checklist.
Day 4 – Progress Control, Reporting & Stakeholders
- Monitor progress and performance using practical KPIs.
- Use status reports, dashboards and progress meetings effectively.
- Manage changes, variations and claims at project level.
- Engage stakeholders: clients, consultants, contractors and authorities.
- Role-play key project communication scenarios.
Day 5 – Lessons Learned & Continuous Improvement
- Plan structured reviews and lessons learned sessions.
- Capture and document technical and managerial learning.
- Discuss recurring issues and root causes across projects.
- Identify opportunities for standardization and improvement.
- Develop personal and team actions to improve future projects.
Value Engineering & Optimization in Complex Projects (Course No. 18924)