Introduction:
This 5-day training course is designed to provide Directors of Real Estate Development with a comprehensive understanding of Project Management practices, principles and tools in Real Estate Development. The course will cover all the essential components of project management, from project initiation to project closure, including planning, execution, monitoring, and controlling.
Outputs:
Upon completion of this training course, participants will be able to:
Develop project management plans and processes that meet project goals, constraints and requirements.
Use project management tools and techniques to effectively manage projects from initiation to closure.
Develop and manage project schedules, budgets, and resources.
Manage risk, issues, and change requests.
Evaluate project performance and make necessary adjustments to ensure project success.
Objectives:
The objectives of this training course are to:
Provide an overview of the project management process and its components.
Discuss the importance of project management in real estate development.
Teach participants how to plan, execute, monitor and control projects.
Provide hands-on experience in using project management tools and techniques.
Empower participants to manage project risks, issues and change requests.
Evaluate project performance and provide recommendations for improvement.
Who Should Attend this Course:
This course is designed for Directors of Real Estate Development who are responsible for leading project teams and managing projects from initiation to closure. The course is also suitable for professionals in the real estate development industry who are looking to develop their project management skills.
Outline:
Day 1: Introduction to Project Management for Real Estate Development
Module 1: Overview of Project Management
- Definition of project management
- The project management process and its components
- The importance of project management in real estate development
Module 2: Project Initiation
- Defining project scope
- Developing project objectives and goals
- Identifying project stakeholders
- Conducting a feasibility study
Day 2: Project Planning
Module 3: Developing the Project Management Plan
- Developing the project schedule
- Developing the project budget
- Identifying project risks and developing risk management plans
Module 4: Resource Planning and Allocation
- Identifying project resources
- Allocating project resources
- Developing a project team structure
Day 3: Project Execution
Module 5: Managing Project Deliverables
- Developing project deliverables
- Managing project quality
- Conducting project status meetings
Module 6: Project Monitoring and Control
- Monitoring project performance
- Identifying project issues and risks
- Developing and implementing corrective actions
Day 4: Project Risk Management
Module 7: Project Risk Assessment
- Identifying project risks
- Assessing project risk impact and likelihood
- Developing risk response plans
Module 8: Project Change Management
Day 5: Communication and Presentation Skills
Overview of the importance of effective communication in the development advisory process.
Discussion of different communication techniques, including storytelling, visualization, and data analysis.
Hands-on exercises practicing the presentation
Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.