This one-day Business Simulation is about Project Management. Its focus is on creating value to the business applying strategic project management principles and skills. Your challenge is to explore the requirements of the customer, translating the requirements to the right plans and project instruments and make sure your project team will deliver to products on time, within budget and with the agreed quality.
In each of the 4 rounds the team will define and implement the right processes and make sure the whole team understands the consequences in terms of responsibilities and required behaviors.
You are employed by the company TOPMeeting. This company hires out conference and meeting facilities. You work within the project organization. The project sponsor who is the owner of the company has an ambitious plan to build 3 new business objects aimed at increasing the revenue of the company. He has assigned the task and the designs to the Steering group and delegated the management and control of the projects to the them. The team determines the requirements and translates these into project plans, work plans and monitoring mechanisms. The projects are then executed. Various unforeseen events will put the projects under pressure; the project organization will need to effectively respond to ensure that the revenue targets are achieved.
- Project teams
- Business managers
- Project managers
Each of the simulations will be customized towards your own organizational learning objectives and problems to be solved. You will have demonstrated your understanding of:
- How to manage multiple projects
- How to focus on business value when managing projects
- How to set priorities when dealing with multiple project
- How to apply project management principles in this realistic simulated environment
- How to communicate in projects
- How to organize governance in more complex projects
Benefits of Taking This Simulation:
- Experience working in a project organization that must help realize business goals.
- To learn and experience the 7 CMM-I processes relating to CMM-I level 2.
- To recognize your own role in a project organization and the behavior required.
- Experience how to analyze and improve project performance
No basic understanding of project management and processes is needed.
The training organization will bring the required equipment and materials for playing the simulation.
The business simulation is typically played as a 1-day simulation, and there are 4 rounds in the simulation.
|09:00 – 09:3||Introduction of the Simulation|
|09:30 – 10:00||Reading and Preparation|
|10:00 – 10:30||Execute round 1 of the simulation|
|10:30 – 10:45||Reflection round 1 of the simulation|
|10:45 – 11:00||Break|
|11:00 – 11:30||Preparation round 2|
|11:30 – 12:15||Execution Round 2|
|12:15 – 13:15||Lunch break|
|13:15 – 13:45||Reflection Round 2|
|13:45 – 14:15||Preparation Round 3|
|14:15 – 15:00||Execution Round 3|
|15:00 – 15:15||Break|
|15:15 – 15:45||Reflection Round 3|
|15:45 – 16:15||Preparation Round 4|
|16:15 – 16:35||Execution Round 4|
|16:35 – 17:00||Closure|
Round 1 – Requirement Management and Project Planning
|You will analyse business requirements and make the first plans.|
|Round 2 – Project Monitoring and Control|
|The first plans will be executed and you will need to manage project issues.|
|Round 3 – Measurement and Analysis|
|You will analyse the project performance and implement project improvements. You will also perform Process and Product Quality Assurance.|
|Round 4 – Final|
|Final Process and Product Quality Assurance and Configuration Management.|
|Project Closure and Lessons Learned|