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	Training
	Executive Management Courses

Making the Go Decision for a Project
- One-Day Seminar

Program Number: PMGNOK
PDUs: 6

1.0 Introduction

• Seminar member introduction and overview of course material

2.0 Introduction to Making the Go Decision

• Responsibility for PMO Management / Executive Management
• Examine gathering data and identifying needs for the project
• Go-No-Go Decision Criteria

3.0 Data Gathering

• Research Information on the Internet and Ask Experts
• Research Other Projects and Study Historical Data on Past Similar Projects
• Ask Project Stakeholders

4.0 Establish Project Goals and Objectives

• Establish Project Goals (Identify Need, Authority and Responsibility and Project Charter)
• Identify Project Objectives, Deliverables, Project Constraints, and Project Milestones
• Develop High-level Project Work Breakdown Structure (WBS)
• Identify High-level Time-Line, Methods and Procedures, Required Accuracy Control Charts, and Required Stakeholders
• Establish Project Strategy

Group exercise on Project Goals and Objectives

5.0 Guesstimate Schedule, Resources and Cost

• Guesstimate Schedule
• Tips on Putting Together a Project Schedule, Definitions, and Activity Relationships
• Guesstimate Resources
• Identify Team Members Required, Recruitment Practices, Personnel Training, and Labor Relations
• Guesstimate Costs
• Economic Analysis, Profitability Analysis, financing Options, Project Estimating, and Design Review Costs

Group exercise on Guesstimate Schedule, Resources and Cost

6.0 Identify Quality Requirements

• Learn why knowing the Quality Requirements are important to making the Go Decision

  Group exercise Identify Quality Requirements

7.0 Identify Risk

• Gather Data on Possible Risks
• Identify Possible Risk and Project Risk Level
• Develop Risk Response Development

Group exercise on Identify Project Risk

8.0 Get Portfolio Approval