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Masterclass [clear filter]
Saturday, December 8
 

9:00am

Masterclass 1: Benefit Realization
Abstract
“The best-laid strategies of any organization are useless without proper implementation”, (The Economist Intelligence Unit, 2013).  In today’s complex world, management in both the private and public sector is increasingly concerned by the wide gap between formulating their strategy and the ability to execute on it.  The gap results in missed opportunities and ultimately business failures.
Today’s successful organization must be able to identify new objectives and effectively implement change toward achieving those objectives.  Evidence-led benefits realization lays the cornerstone for this competency.

There are two key elements to consider in benefits management.  The first is the “front end”; what are the benefits, and how does this influence the business case and investment process? However, equally important is the confirming feedback; did we make a good investment as “evidenced” by achieving our intended benefits? It is that last stage, the follow up to confirming the business case, that usually gets lost in the rush to move on to other projects. With a structured benefits realization life cycle, this step is a formal part of the process, including adjustments if the desired results are not initially realized. Therefore, the probability that objectives are met, within acceptable portfolio performance thresholds, increases for organizations who adopt Benefits Realization.

Objectives
Explain the relationships between portfolio, project, and benefits management and successful investments.
Clarify the key roles for the stages in investment analysis, enabling changes, and ‘booking the benefits”.
Discuss and review key aspects of tracking and reporting benefits to ensure successful results
Recognize how to optimize your investments in strategic organizational changes.
 
Who Should Attend 
Intermediate / advanced PMs and BAs, those making investment decisions in project selection and funding, change directors.
 
Course Overview
  • Introduction
  • Logistics of the day
  • Objectives of the participants from the workshop
  • Goals of the workshop

  • Foundation Concepts
  • Introduction to Benefits Management
  • The pressures of change
  • Relationship to PMI’s projects, programs, and portfolios domains

  • Key Components of Benefits Management
  • Alignment of benefits to organizational objectives
  • Use of benefits categorization
  • Documentation
  • Roles

  • The Benefits Management Life Cycle
  • Stages in a change initiative life cycle with respect to benefits realization
  • Examples of prioritization approaches of initiatives for portfolio selection
  • Exercise in developing an Investment Logic Map

  • Roles and Responsibilities
  • Review and discuss the key roles and their importance in benefits management
  • 3 approaches for implementation of benefits management

  • Documentation and Reporting
  • Identifying and documenting the benefits: metrics and measurements
  • Key success criteria
  • The importance of “trends” in tracking benefits
  • Investment reporting versus project / programme reporting

  • Summary and Next Steps
  • Highlights of the workshop
  • Review of content, goals and expectations
  • Personal Action plan

Speakers
avatar for Russel McDowell

Russel McDowell

Senior Consultant and Trainer, International Institute for Learning (IIL)
Russell is Project Management Professional, senior manager, trainer, presenter, author, and speaker with over 30 years of experience working on large-scale projects in a variety of companies and industries. Russell has a proven and disciplined systematic approach to identifying core... Read More →


Saturday December 8, 2018 9:00am - 10:30am
Joharah Ballroom - Madinat Jumeirah Conference Centre

11:15am

Masterclass 1: Benefit Realization
Abstract
“The best-laid strategies of any organization are useless without proper implementation”, (The Economist Intelligence Unit, 2013).  In today’s complex world, management in both the private and public sector is increasingly concerned by the wide gap between formulating their strategy and the ability to execute on it.  The gap results in missed opportunities and ultimately business failures.
Today’s successful organization must be able to identify new objectives and effectively implement change toward achieving those objectives.  Evidence-led benefits realization lays the cornerstone for this competency.

There are two key elements to consider in benefits management.  The first is the “front end”; what are the benefits, and how does this influence the business case and investment process? However, equally important is the confirming feedback; did we make a good investment as “evidenced” by achieving our intended benefits? It is that last stage, the follow up to confirming the business case, that usually gets lost in the rush to move on to other projects. With a structured benefits realization life cycle, this step is a formal part of the process, including adjustments if the desired results are not initially realized. Therefore, the probability that objectives are met, within acceptable portfolio performance thresholds, increases for organizations who adopt Benefits Realization.

Objectives
Explain the relationships between portfolio, project, and benefits management and successful investments.
Clarify the key roles for the stages in investment analysis, enabling changes, and ‘booking the benefits”.
Discuss and review key aspects of tracking and reporting benefits to ensure successful results
Recognize how to optimize your investments in strategic organizational changes.
 
Who Should Attend 
Intermediate / advanced PMs and BAs, those making investment decisions in project selection and funding, change directors.
 
Course Overview
  • Introduction
  • Logistics of the day
  • Objectives of the participants from the workshop
  • Goals of the workshop
  • Foundation Concepts
  • Introduction to Benefits Management
  • The pressures of change
  • Relationship to PMI’s projects, programs, and portfolios domains
  • Key Components of Benefits Management
  • Alignment of benefits to organizational objectives
  • Use of benefits categorization
  • Documentation
  • Roles
  • The Benefits Management Life Cycle
  • Stages in a change initiative life cycle with respect to benefits realization
  • Examples of prioritization approaches of initiatives for portfolio selection
  • Exercise in developing an Investment Logic Map
  • Roles and Responsibilities
  • Review and discuss the key roles and their importance in benefits management
  • 3 approaches for implementation of benefits management
  • Documentation and Reporting
  • Identifying and documenting the benefits: metrics and measurements
  • Key success criteria
  • The importance of “trends” in tracking benefits
  • Investment reporting versus project / programme reporting
  • Summary and Next Steps
  • Highlights of the workshop
  • Review of content, goals and expectations
  • Personal Action plan

Speakers
avatar for Russel McDowell

Russel McDowell

Senior Consultant and Trainer, International Institute for Learning (IIL)
Russell is Project Management Professional, senior manager, trainer, presenter, author, and speaker with over 30 years of experience working on large-scale projects in a variety of companies and industries. Russell has a proven and disciplined systematic approach to identifying core... Read More →


Saturday December 8, 2018 11:15am - 12:45pm
Joharah Ballroom - Madinat Jumeirah Conference Centre

1:00pm

Masterclass 1: Benefit Realization
Abstract
“The best-laid strategies of any organization are useless without proper implementation”, (The Economist Intelligence Unit, 2013).  In today’s complex world, management in both the private and public sector is increasingly concerned by the wide gap between formulating their strategy and the ability to execute on it.  The gap results in missed opportunities and ultimately business failures.
Today’s successful organization must be able to identify new objectives and effectively implement change toward achieving those objectives.  Evidence-led benefits realization lays the cornerstone for this competency.

There are two key elements to consider in benefits management.  The first is the “front end”; what are the benefits, and how does this influence the business case and investment process? However, equally important is the confirming feedback; did we make a good investment as “evidenced” by achieving our intended benefits? It is that last stage, the follow up to confirming the business case, that usually gets lost in the rush to move on to other projects. With a structured benefits realization life cycle, this step is a formal part of the process, including adjustments if the desired results are not initially realized. Therefore, the probability that objectives are met, within acceptable portfolio performance thresholds, increases for organizations who adopt Benefits Realization.

Objectives
Explain the relationships between portfolio, project, and benefits management and successful investments.
Clarify the key roles for the stages in investment analysis, enabling changes, and ‘booking the benefits”.
Discuss and review key aspects of tracking and reporting benefits to ensure successful results
Recognize how to optimize your investments in strategic organizational changes.
 
Who Should Attend 
Intermediate / advanced PMs and BAs, those making investment decisions in project selection and funding, change directors.
 
Course Overview
  • Introduction
  • Logistics of the day
  • Objectives of the participants from the workshop
  • Goals of the workshop
  • Foundation Concepts
  • Introduction to Benefits Management
  • The pressures of change
  • Relationship to PMI’s projects, programs, and portfolios domains
  • Key Components of Benefits Management
  • Alignment of benefits to organizational objectives
  • Use of benefits categorization
  • Documentation
  • Roles
  • The Benefits Management Life Cycle
  • Stages in a change initiative life cycle with respect to benefits realization
  • Examples of prioritization approaches of initiatives for portfolio selection
  • Exercise in developing an Investment Logic Map
  • Roles and Responsibilities
  • Review and discuss the key roles and their importance in benefits management
  • 3 approaches for implementation of benefits management
  • Documentation and Reporting
  • Identifying and documenting the benefits: metrics and measurements
  • Key success criteria
  • The importance of “trends” in tracking benefits
  • Investment reporting versus project / programme reporting
  • Summary and Next Steps
  • Highlights of the workshop
  • Review of content, goals and expectations
  • Personal Action plan

Speakers
avatar for Russel McDowell

Russel McDowell

Senior Consultant and Trainer, International Institute for Learning (IIL)
Russell is Project Management Professional, senior manager, trainer, presenter, author, and speaker with over 30 years of experience working on large-scale projects in a variety of companies and industries. Russell has a proven and disciplined systematic approach to identifying core... Read More →


Saturday December 8, 2018 1:00pm - 2:00pm
Joharah Ballroom - Madinat Jumeirah Conference Centre
 
Sunday, December 9
 

9:30am

Masterclass 1: Benefit Realization
Abstract
“The best-laid strategies of any organization are useless without proper implementation”, (The Economist Intelligence Unit, 2013).  In today’s complex world, management in both the private and public sector is increasingly concerned by the wide gap between formulating their strategy and the ability to execute on it.  The gap results in missed opportunities and ultimately business failures.
Today’s successful organization must be able to identify new objectives and effectively implement change toward achieving those objectives.  Evidence-led benefits realization lays the cornerstone for this competency.

There are two key elements to consider in benefits management.  The first is the “front end”; what are the benefits, and how does this influence the business case and investment process? However, equally important is the confirming feedback; did we make a good investment as “evidenced” by achieving our intended benefits? It is that last stage, the follow up to confirming the business case, that usually gets lost in the rush to move on to other projects. With a structured benefits realization life cycle, this step is a formal part of the process, including adjustments if the desired results are not initially realized. Therefore, the probability that objectives are met, within acceptable portfolio performance thresholds, increases for organizations who adopt Benefits Realization.

Objectives
Explain the relationships between portfolio, project, and benefits management and successful investments.
Clarify the key roles for the stages in investment analysis, enabling changes, and ‘booking the benefits”.
Discuss and review key aspects of tracking and reporting benefits to ensure successful results
Recognize how to optimize your investments in strategic organizational changes.
 
Who Should Attend 
Intermediate / advanced PMs and BAs, those making investment decisions in project selection and funding, change directors.
 
Course Overview
  • Introduction
  • Logistics of the day
  • Objectives of the participants from the workshop
  • Goals of the workshop
  • Foundation Concepts
  • Introduction to Benefits Management
  • The pressures of change
  • Relationship to PMI’s projects, programs, and portfolios domains
  • Key Components of Benefits Management
  • Alignment of benefits to organizational objectives
  • Use of benefits categorization
  • Documentation
  • Roles
  • The Benefits Management Life Cycle
  • Stages in a change initiative life cycle with respect to benefits realization
  • Examples of prioritization approaches of initiatives for portfolio selection
  • Exercise in developing an Investment Logic Map
  • Roles and Responsibilities
  • Review and discuss the key roles and their importance in benefits management
  • 3 approaches for implementation of benefits management
  • Documentation and Reporting
  • Identifying and documenting the benefits: metrics and measurements
  • Key success criteria
  • The importance of “trends” in tracking benefits
  • Investment reporting versus project / programme reporting
  • Summary and Next Steps
  • Highlights of the workshop
  • Review of content, goals and expectations
  • Personal Action plan

Speakers
avatar for Russel McDowell

Russel McDowell

Senior Consultant and Trainer, International Institute for Learning (IIL)
Russell is Project Management Professional, senior manager, trainer, presenter, author, and speaker with over 30 years of experience working on large-scale projects in a variety of companies and industries. Russell has a proven and disciplined systematic approach to identifying core... Read More →


Sunday December 9, 2018 9:30am - 11:15am
Joharah Ballroom - Madinat Jumeirah Conference Centre

12:00pm

Masterclass 4: Use of Big Data and AI in PM
Course Description
Artificial Intelligence (AI) and Big Data have come together to drive innovation in 2018 and 2019. AI works to light up Big Data. This combination elevates the potential for you to realize significant insights into customers, trends, and products in your domain. Big Data without analysis and tools that can navigate the petabytes of data, is much about nothing. This collectively is the art and science of Data Analytics. This includes general users, the dedicated Project Manager and Business Analyst role, and the specialized Data Scientist roles.
This course explores the value that is in the intersection of Big Data and AI as practiced with Data Analytics. We will look at the potential and the dangers that exist. We will also view the trends of Big Data and AI, providing a pragmatic and applicable survey of the technologies and the business applications.

Course Objectives
  • Evaluate what is realized, what is promised and what are the challenges of Big Data
  • Establish a plan allowing you to get the most out of a Big Data and AI using a Data Analytics initiative
  • Review the architecture and technical components of Big Data and Data Analytics
  • Investigate Data Mining and other applications for Big Data and Data Analytics

Course Topics

Introduction to Data analysis and analytics
  • Data analysis approach
  • Questions
  • Collecting data
  • Analyze data
  • The data analysis process
  • Interpreting the results
  • Statistics
  • Rules for data analysts
Big Data
  • Business challenges of Big Data
  • Technical challenges of Big Data
  • Common uses for Big Data
  • Structured, Semi-structured and Unstructured Data
  • Transform data into value for the business
  • Working with Big Data
  • Locating
  • Extracting
  • Processing
  • Storage
  • Analysis
  • Representation
  • Identifying data sources
  • Applying Big Data to business problems
Interpreting the Big Data
  • Guarding against bias
  • Conclusions
  • Conclusion validity
  • Internal validity
  • Construct validity
  • External validity or generalizing
Data Visualization
  • Plots and charts
  • Aggregation
  • Scaling
  • Normalizing data
  • Dimension reduction
  • Correlation
Applying analytics
  • Classification
  • Business examples for Data Mining – classification
  • Predictive Analytics
  • Business examples for Data Mining -  prediction
  • Clustering
  • Neural networks
Artificial Intelligence
  • Artificial Intelligence Introduction Course for Beginners
  • Artificial Intelligence Introduction
  • Decoding AI, what is it all about?
  • Use cases in various industries
  • Introduction to Machine Learning (ML) and Deep Learning
  • Innovations in AI and ML
  • Applications of AI
  • How to develop AI products
Final Words
  • Artificial intelligence
  • Where are we now
  • Where are we going to be
  • Making things happen with data analytics and big data

Speakers
avatar for George Bridges

George Bridges

Senior Consultant and Trainer, International Institute for Learning (IIL)
George is currently a Senior Consultant and Trainer in Project Management and Business Analysis with International Institute since 2005. George has more than 40 years of experience in business systems analysis, business process modeling, operations research and Information Technology.George... Read More →


Sunday December 9, 2018 12:00pm - 1:45pm
Joharah Ballroom - Madinat Jumeirah Conference Centre