Introduction
Supply Management is the process of managing relationships, information, and materials flows across organisational boundaries to deliver enhanced customer service and economic value. Supply managers aim towards synchronizing and amalgamating these flows through the implementation of a specific ordering of work activities across time and place, with a beginning, an end, clearly identified inputs and outputs, as well as a structure for action.
Project Management is also a structured process of managing workflow in a specific order across time and place. The close similarities between these two processes provide a firm foundation to expand the supply manager’s world view to adopt project management principles and techniques. This course focuses on integrating project management principles into the supply management process. In this course, you will learn how project management concepts could be applied to enhance supply management. You will also gain an understanding of the tools and techniques used to initiate, execute, manage and control a project. Possible initiatives for the improvement of supply management through the application of project management concepts will be emphasised.
Course Objectives of Project Management for Supply Chain
Following completion of this course, delegates will learn how to:
- Organize, plan, launch, track, and close a project
- Create a clear project objective and work breakdown structure
- Master project planning, execution and control skills
- Identify the skills necessary to lead or serve on a project team
- Utilize project management related techniques
- Create an accurate project timeline
- Incorporate uncertainties in project time and cost plans
- Use various project scheduling techniques
- Plan a project balancing the constraints of scope, time, cost and quality
- Complete project cost estimation and financial evaluations
- Build and maintain effective and efficient project procedures and processes
- Identify improvement opportunities to better manage supply chains
- Demonstrate proficiency in developing project plans and making sound decisions
Course Process of Project Management for Supply Chain
The course is a mixture of speaker input, several mini-case studies and facilitated discussions. Participants will gain detailed knowledge of project management concepts and techniques by active participation in the group discussions.
Course Benefits of Project Management for Supply Chain
Delegates attending this course will gain:
- An understanding of the striking similarities between supply management and project management; and learn new skills in order to apply project management principles as effective tools which if successfully implemented will enhance the delegate’s professional capacity to manage supply chains.
- An improved personal knowledge of developing and managing project plans, and identifying, controlling and responding to project risks.
- An enhanced personal decision making capability.
Core Competencies of Project Management for Supply Chain
Delegates attending this course will enhance their competencies in the following areas:
- Project Management
- Project Planning and Monitoring
- Project Scheduling and Budgeting
- Risk Management Planning
- Team Building
- Relationship Management
- Principled Negotiations
- Trend Analysis and Forecasting
- Project Reporting
Course Outlines of Project Management for Supply Chain
Day One
Setting up the Scene
- Project management terminology and life-cycle project phases
- Overview of the Project Management Process
- Key areas of Project Management Body of Knowledge
- Supply management and project management: similarities and differences
- Types of integration
- Impact of early decisions on project success
- Classical project phases
- Project scope – parameters & constraints
- The concept of Value-for-Money project delivery
- The project supply chain
Day Two
The Project Environment – Objective Parameters
- Opportunities and Problems
- Identifying, analyzing and managing project stakeholders
- Project Charter Development
- Beyond SMART Objectives
- Introduction to project planning
- Work Breakdown Structure (WBS)
- Task characteristics and duration assessment
- Planning and scheduling methods, including critical path scheduling
- The importance of schedule updating
- Incorporating planning in planning and scheduling
- Principles of project estimating
- Understanding resource estimating in projects
- Cost estimation techniques
- Implementing cost control
- Contingency and escalation
Day Three
The Project Environment – Subjective Parameters
- Project quality and reliability issues
- Project information management
- Project communication management
- Project risk management
- Risk vs. uncertainty
- Risk mitigation strategies
- Contingency planning
- Performance measures and indicators
- Project process maturity
- Root cause analysis
Day Four
Effective Project Relationships Management
- Suppliers/contractors selection
- Project manager skills
- Building and sustaining professional relationships
- Trust and trust-building
- Principled negotiations
- Leadership skills
- Dealing with professional disagreements
Day Five
Project Execution and Closure
- Change control processes
- Identifying measurements of project success
- Project monitoring
- Integrating project scope, time and cost
- Leading and lagging indicators
- Project plan update
- Project reporting: to whom and to what level?
- Closing and evaluation of the project
- Project success factors
- Application of lessons learned
About Madrid
Madrid is a city that combines its enduring history with its cosmopolitan atmosphere to create a destination that favored amongst tourists from around the world. This is a city that is very much bursting at the seams with life and its vibrant atmosphere, cultural attractions and connection with history ensure travelers have everything they could possibly want from a European city break. At the end of a flight to Madrid, there are sites to see, picturesque streets to roam and, of course, excellent shopping opportunities to explore. Visitors can immerse themselves in Madrid's fantastic local culture, its peerless art scene and world acclaimed fine dining. In fact, there is very little that Madrid doesn't have to offer.
Things to do and places to visit in Madrid
The only problem travelers will encounter during their visit to Madrid is knowing what to do first. Sampling the mouth-watering tapas, strolling through one of the many excellent museums or even simply soaking up the atmosphere are all excellent options. Spend a sunny day wandering through the splendid squares or marvel at the intricate architecture of the churches.With so many options, flights to Madrid are great for people of any age or inclination.
When visiting Madrid, be sure to:
- See the superb collection of art is the Museo del Prado.
- Stroll down the Gran Via.
- Enjoy the atmosphere of the Plaza Mayor.
- Wander through the stunning gardens of the Parque del Buen Retiro.
- See the beautiful mansion of the Museo Lazaro Galdiano.
- Find quirky fashions in the Fuencarral market.
- Try some of the many different tapas dishes.
- Visit the statues of Don Quixote and Sancho Panza in the Plaza de Espana.
- See the breathtaking Basilica de San Francisco El Grande.
- Wander the Casa de Campo park, which is five times the size of Central Park.
- Shop in the luxury boutiques of the Golden Mile.
- Look for bargains at the El Rasto flea market.
- See Picasso's Guernica in the Reina Sofia museum.
- Snack on churros with chocolate.