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Cambridge Judge Business School Executive Education STEERING COMPLEX PROJECTS Too often we see projects in isolation. We view projects without context and fail to adequately bring our experience to the process. Kishore Sengupta Reader in Operations Management Cambridge Judge Business School Executive Education OVERVIEW Steering Complex Projects “ “ 02 Today’s companies understand that successful project management is crucial for business growth and organisational change. And while many are actively looking for ways to expand their project management capabilities in order to take on more complex and novel projects, few have been able to successfully connect the dots between their strategic goals and their project goals. This programme presents concepts essential for developing these broader project capabilities, enabling leaders to �ll in the context gaps within their projects and to envision what shape the implementation might take within their organisations. While other programmes focus on the technical aspects of project management, Steering Complex Projects explores three di�erent project types: execution, novel and change. Each type of project must be managed di�erently, taking into account the politics and negotiation of strategy within projects. As a participant, you will also learn how to build the personnel and incentive structure necessary to identify the right project for your strategy and implement it. Steering Complex Projects 03 WHO IS THIS PROGRAMME FOR? This programme is focused on the “why” and “how” of managing strategic projects, and provides essential best practices regarding their successful completion as well as delivering value for stakeholders. The programme’s lessons are applicable across most major industries, including banking and �nance, consulting, government, infrastructure, professional services, real estate, technology and telecom. This programme is ideal for: • C-suite and senior-level executives seeking an overview of project management, as well as insights on choosing the most appropriate project approach based on their strategic objective. • Highly experienced PMP-certi�ed project managers looking to go deeper than traditional PMP courses and develop their leadership skills in project management. • Consultants who need the skill to articulate the case for projects and in�uence multiple stakeholders. Steering Complex Projects Projects as Strategic Change Translate high level strategic goals into project goals. Aligning Projects with People Identify the key characteristics of di�erent types of projects, and articulate the appropriate management and personnel systems for each. Managing Risk and Uncertainty Anticipate project uncertainties and take mitigating or responsive actions. Governance and Accountability Build a framework for managing governance structures with accountability measures. Relationships and In�uence Develop e�ective practices in relationship management and exercising in�uence. Providing an Integrated Framework Apply established methods of knowledge exchange and learning tools in a way that is appropriate to the challenges of a project. 04 PROGRAMME HIGHLIGHTS The programme includes video lectures, discussions, live online teaching sessions and assignments. We expect participants to dedicate 4 – 6 hours per week over the eight weeks of the programme. Steering Complex Projects 05 SYLLABUS • Understand the strategic goals of the organisation and articulate what the project outcomes will contribute to the strategy • Understand the political process of creating project goals, including negotiating and seeking win-win coalitions • Translate high level strategic goals into project goals • Identify the key characteristics of di�erent types of project and articulate appropriate management and personnel systems for each Module 1: Projects as Strategic Change • Identify the key characteristics of execution projects • Understand the logic and assumptions behind Gantt charts to identify their limitations • Understand the managerial relevance of the critical path and limitations • Identify uncertainties and take mitigating or responsive actions Module 2: Execution Projects • Identify the key characteristics of novel projects and the technical steps of managing them • Articulate the steps to follow when encountering unforeseeable uncertainty • Understand pivoting/iterating and parallelism, and how to incorporate them into project planning and monitoring Module 3: Novel Projects • Identify the four methods for managing a change project • Generate guidelines for managing the social dimensions of change • Author a template for stakeholder management • Re�ect upon and apply the principles of change project management to a project in your professional work Module 4: Change Projects • Identify and apply ingredients of goal clarity and three criteria for them • Articulate competency-driven values for a project • Analyse how to deal with rule-breakers and high-performers and establish related guidelines • Answer the key questions for fostering e�ective interpersonal dynamics Module 5: Managing People and Teams Steering Complex Projects 06 • Understand the role that governance plays in maintaining strategic alignment in projects • Identify the �ve elements of well-designed governance structures • Build a framework for managing the governance structure with accountability measures • Learn how supervision and goals reveal the political nature of the role of the project within the organisation • Understand what contracts can and cannot do, and identify the four di�erent types of contracts for an appropriate �t • Understand the role that co-location can play in project management • Understand how renegotiation must be built into the contract from the beginning • Develop e�ective practices in relationship management and exercising in�uence Module 7: Partners • Identify the tools for each project type, and how to deploy them • De�ne how organisational learning is di�erent from individual learning • Make informed choices from the portfolio of tools to ensure projects encourage learning within the organisation • Apply established methods of knowledge exchange and learning tools in a way that is appropriate to the challenges of a project Module 8: Learning and Integration Module 6: Governance Steering Complex Projects 07 PROGRAMME FACULTY MBA, PhD (Case Western University) Kishore Sengupta Reader in Operations Management Dipl.-Wirtsch.-Ing. (Darmstadt Institute of Technology), MBA (University of Tennessee, Knoxville), PhD (Stanford Graduate School of Business) Christoph H. Loch Dean of Cambridge Judge Business School Professor of Technology and Operations Management Dr. Sengupta has served as advisor on several projects with the U.S. Government Department of Defense and NASA, and has consulted with organisations in Silicon Valley and Hong Kong. He has also worked at the AT&T Network Software Center (now Lucent Technologies) and Ernst & Young. His published research appears in journals in information technology and management, such as Management Science, MIS Quarterly, IEEE Transactions on Software Engineering, IEEE Transactions on Systems, Man, and Cybernetics, and IEEE Transactions on Engineering Management. He is currently working on a book on online electronic environments. Prior to joining the School, Dr Kishore Sengupta was an Associate Professor of Information Systems at INSEAD. Before this he was on the faculty at the Naval Postgraduate School in Monterey, California, USA. In 1996-1997 he was a Visiting Scholar at the Hong Kong University of Science and Technology, Hong Kong. Before coming to CJBS in 2011, Professor Loch was Chaired Professor of Technology and Operations Management at INSEAD, where he also served as Dean of the PhD programme and asthe director of the INSEAD Israel Research Center. He served as department editor and Associate Editor of Management Science, Manufacturing & Service Operations Management and Production and Operations Management, and as chair of the Behavioral Operations section of INFORMS. His research focuses on the management of innovation processes, and project management more broadly; including innovation strategy; projects under high uncertainty; the emotional aspect to the motivation of professional project workers, and project supervision and governance. In 2012, Professor Loch was identi�ed in a benchmarking study as one of the top 10 innovation researchers worldwide. He serves on the supervisory board of an educational software start-up company and is a member of the Cambridge United Football Club board of directors. Steering Complex Projects 08 CASE STUDIES Each week starts with a vignette or case reading in which participants examine not only the technical aspects of project management, but also the managerial and strategic implications. The vignettes compel participants to confront the problems of: Project Strategy See how a struggling natural resources company facing an uncertain future weighs the merits and risks of multiple projects to determine which one(s) will help move their organisation forward in this strategy-driven Project Planning An engineering company that builds drones is tasked with delivering a product proposal to a customer within an abbreviated timeframe. Follow their consideration of the bene�ts, duration, risks and costs of di�erent activities in an e�ort to maintain their project schedule. Novel Projects Follow the journey of a turnaround CEO at software startup tasked with a project with many unknowns that require her to get to the source(s) of the organisation’s problems in order to determine the appropriate goals for the project. Team Composition Delve into the makeup of two teams racing to reach the South Pole �rst in 1911 and see how their composition impacted their success, from their goals, values and problem-solving processes to team roles, interpersonal dynamics and leadership. Governance Discover how stakeholder buy-in and leadership issues led to the failure of a knowledge management project undertaken by an enterprise software management company. Project Contracts Explore fundamental problems with contracts and how an integrated approach can enhance success through the lens of three high-pro�le project contracts—the Eurotunnel, the Panama Canal expansion, and Heathrow Terminal 5. Project Learning Evaluate the e�cacy and necessity of a variety tools used by an IT consulting �rm to ensure that learnings from individual projects could be utilised by their entire project organisation. Steering Complex Projects 09 ASSIGNMENTS Assignments are structured around the project management workbook, in which participants re�ect on each week’s concepts and then plot next steps to apply what they’ve learned. Responding in the form of a few short paragraphs, participants place their key �ndings in the context of their own organisation. Participants also have opportunities to reinforce key concepts by participating in brainstorm activities, discussions, and interactive quiz questions. These non-graded activities are interspersed between the videos. Strategy & Change Describe a strategic change project your company should be tackling now but isn't, and determine what type of project it would be and its outcome. Execution Projects Explore opportunities for three areas of execution project management in your organisation: critical path; establishing bu�ers or risk management. Novel Projects Provide a rationale for why you’d ask a question with an unknown answer, explain how you would answer it, and identify the mini-project you'd need to set up to arrive at an answer. Structuring Contracts Develop a potential recommendation for how structuring contracts could be approached di�erently or better within your organisation, specifying the stakeholders you'd need to work with to execute it. Managing Change Projects Dissect a change project, identify takeaways, and use them to develop a playbook for future projects. Assembling and Managing Teams Analyse breakdowns in the key ingredients for high-performance teams—and evaluate your own organisation. Governance Structure Identify a systematic weakness in project governance at your organisation and describe how it could be remedied. Learning Tools Describe the function, bene�ts and limitations of a learning tool. Expound on how learning could be strengthened in your organisation and the tools that could be incorporated to support it. Steering Complex Projects 10 THE LEARNING EXPERIENCE The Steering Complex Projects programme is spread over eight weeks and consists of Video Lectures, Live Webinars, Assignments, Q&A Sessions and Discussions. Orientation The Steering Complex Projects programme is spread over eight weeks and consists of Video Lectures, Live Webinars, Assignments, Q&A Sessions and Discussions. Goal Setting In other weeks, you have learning goals set for the week, including watching the video lectures and completing the assignments. All assignments have weekly deadlines. Video Lectures The recorded video lectures are conducted by programme faculty. Live Webinars During the programme, there are two live webinars conducted by Cambridge Judge faculty. Live webinars are usually conducted between 1 p.m. and 3 p.m. UTC on Tuesdays or Wednesdays. Q&A Sessions In addition to the live webinars, Course Leaders also conduct Q&A sessions every week or every alternate week to help participants clarify any questions they may have about the content. Follow-Up A Programme Support Team will follow-up through emails and via phone calls with participants who are unable to submit their assignments on time. Continuous Programme Access You will continue to have access to the programme videos and learning material for up to 12 months from the programme start date. Steering Complex Projects 11 CERTIFICATE Upon successful completion of the programme, participants will be awarded a digital Certi�cate of Completion by Cambridge Judge Business School Executive Education. Date Your Name STEERING COMPLEX PROJECTS Cambridge Judge Business School Executive Education University of Cambridge completed Allison Wheeler Heau Director of Open Programmes Cambridge Judge Business School Executive Education University of Cambridge Jane Davies Director Cambridge Judge Business School Executive Education University of Cambridge Steering Complex Projects 12 ABOUT CAMBRIDGE JUDGE BUSINESS SCHOOL Founded in 1990, Cambridge Judge Business School is part of the Faculty of Business and Management at the University of Cambridge. In 1991 sponsorship from Sir Paul and Lady Judge provided the funds that enabled construction of a building for the newly established school. One of Britain’s most brilliant and innovative architects, John Outram, was chosen to design the building, which has been widely acclaimed for its boldly imaginative and colourful design. The reputation of Cambridge Judge Business School has grown rapidly and today it is internationally celebrated as a provider of stimulating management education, with a particular emphasis on entrepreneurship and innovation management. With a world-class faculty of over 50 members and a philosophy of collaboration, the School is a place where people from many disciplines meet and share ideas – policy makers, entrepreneurs, leaders of industry, regulators, not-for-pro�t organisations and academics. One of the main strengths of Cambridge Judge Business School is its position at the heart of a vibrant entrepreneurial community – the so-called Silicon Fen, or Cambridge Cluster. Cambridge, and the area surrounding it. is home to a multitude of high-tech businesses and the Schoolbene�ts from this proximity by drawing on experienced business founders who can act as role models to aspiring entrepreneurs and business leaders. Alumni: Cambridge Judge Business School’s global community has over 6200 members in more than 100 countries worldwide; a truly international and dynamic network. Cambridge Judge Business School Executive Education Cambridge Judge Business School Executive Education o�ers a wide range of open enrolment and customised programmes. These programmes are designed for organizations, business professionals, managers, leaders, and executives from many di�erent functions who strive for professional and personal growth. Programmes are developed to help executives and organisations from both the private and the public sectors achieve operational excellence and results. Steering Complex Projects Cambridge ideas have changed the world. Over 100 Nobel Prizes have been awarded to Cambridge alumni. 14 PROGRAMME FEE AND DURATION Upon successful completion of the programme, participants will be awarded a digital Certi�cate of Completion by Cambridge Judge Business School Executive Education. Singapore residents who wish to enrol in this programme will be charged GST. USD 2,000 8 Weeks, Online PREREQUISITES ? in English. All videos are recorded in English. All assignments are written in English and are required to be responded to in English. The programme requires you to have a device and 1 Mbps (or faster) Internet connection. The device on which you access the programme should support one of the following browsers: Chrome 71, Firefox 64, IE 11, Edge 42, Safari 11. ABOUT EMERITUS Cambridge Judge Business School Executive Education is collaborating with online education provider EMERITUS to o�er a portfolio of high-impact online programmes. These programmes leverage Cambridge Judge Business School’s thought leadership in technical practice developed over years of research, teaching and practice. By collaborating with EMERITUS, we are able to broaden access beyond our on-campus o�erings in a collaborative and engaging format that stays true to the quality of Cambridge Judge Business School Executive Education. Steering Complex Projects This programme is being delivered in collaboration with EMERITUS. Prospective participants with questions on the programme are encouraged to contact EMERITUS, for further information. Email: info@emeritus.org Call: +44 122 858 5700 Cambridge Judge Business School Executive Education University of Cambridge Trumpington Street Cambridge CB2 1AG United Kingdom The organisers reserve the right to change any details of the Programme without notice. © JBS Executive Education Limited has copyright of all original material contained in this brochure. Schedule a call with a Programme Advisor to learn how this programme can help you SCHEDULE A CALL Apply for the programme here APPLY NOW https://bit.ly/2Q3l896 https://bit.ly/3kE7eby
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