Industrial Project Management and Capital Planning

Explore industrial project management and capital planning strategies to optimize resources, control costs, and drive long-term business growth.

Project Management

2 Hours

Description

Industrial projects—such as plant expansions, equipment installations, and major upgrades—require rigorous project management and effective capital planning to deliver value on time and within budget. This course, “Industrial Project Management and Capital Planning,” gives participants a practical foundation in managing large-scale projects, from initial concept and business case development through execution, control, and project closeout. Attendees will learn key techniques for capital budgeting, stakeholder engagement, risk management, and delivering successful outcomes in industrial environments.

Course Objectives

Understand the unique challenges and stages of industrial project management. Develop and evaluate business cases and capital expenditure (CapEx) proposals. Apply essential project planning, scheduling, and budgeting techniques. Manage risks, resources, and stakeholders throughout the project lifecycle. Monitor project performance and ensure successful project delivery and closeout.

Target Audience

Project managers and engineers involved in industrial projects. Plant managers, operations leaders, and maintenance planners. Finance professionals responsible for capital budgeting and project justification. Project sponsors and decision-makers evaluating large investments. Anyone interested in the fundamentals of capital planning and industrial project execution.

Basic Understanding

No prior industrial project management experience is required.

Course Content

No sessions available.

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Fremont, CA 94539, USA

Industrial Project Management and Capital Planning

Session 1: Introduction to Industrial Project Management

  1. What Makes Industrial Projects Unique?
  2. Types of Industrial Projects (expansions, retrofits, greenfield, brownfield)
  3. Overview of the Industrial Project Lifecycle

Session 2: Capital Planning and Business Case Development

  1. What is Capital Planning?
  2. Developing and Justifying Business Cases
  3. CapEx vs. OpEx: Key Differences and Considerations

Session 3: Project Planning and Scheduling

  1. Defining Scope, Objectives, and Deliverables
  2. Work Breakdown Structure (WBS)
  3. Scheduling Techniques (Gantt charts, Critical Path Method)

Session 4: Budgeting and Cost Management

  1. Creating and Managing Capital Budgets
  2. Estimating Costs and Managing Cash Flow
  3. Financial Metrics (NPV, IRR, Payback Period)

Session 5: Risk, Resource, and Stakeholder Management

  1. Identifying and Managing Project Risks
  2. Resource Planning (labor, materials, contractors)
  3. Stakeholder Engagement and Communication

Session 6: Project Execution, Monitoring, and Closeout

  1. Project Controls and Performance Tracking
  2. Change Management and Issue Resolution
  3. Project Handover, Lessons Learned, and Closeout

Session 7: Case Study and Q&A

  1. Real-World Example of Industrial Project Success
  2. Discussion of Challenges and Best Practices
  3. Open Q&A Session

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