Course Objectives
When you have completed
this workbook you will be better able to:
- understand the ways in which changes and ideas develop into
projects
- use techniques to
appraise investment
- prepare a financial
case
- manage a project
successfully
Assessment Criteria
Know how to manage a
simple workplace project
1.1 Identify a simple workplace project
1.2 Use one simple tool for determining the financial viability of
the project
1.3 Plan the project using one appropriate project planning
technique
1.4 Set objectives and targets/milestones to monitor performance and
review plans
1.5 Use one project evaluation technique
Understand the costs and benefits resulting from a workplace project
2.1 List areas where net savings could be achieved as a result of
the workplace project
2.2 Identify wider non financial implications that could result from
the workplace project
International
Curriculum
Unit 3.22 - 2 credits
Official ILM
Curriculum, Institute of Leadership & Management
Course Outline
Workbook introduction
1 ILM Super Series study links
2 Links to ILM qualifications
3 Links to S/NVQs in management
4 Workbook objectives
5 Activity planner
Session A - CHANGES, IDEAS AND PROJECTS
1 Introduction
2 Identifying Changes in the Organization (Activity 1, 2)
- The need to make a financial case for change (Activity 3)
3 The Forces for Change (Activity 4)
- SWOT analysis (Activity 5)
- PESTLE analysis (Activity 6)
4 Time for Change
(Activity 7)
- The life cycle (Activity 8)
5 How Are
Projects Selected (Activity 9)
6 What Can Go Wrong
(Activity 10, 11)
Self
Assessment,
Summary
Session B - ANALYSIS OF COSTS AND BENEFITS
1
Introduction
2 Committed and Discretionary Costs
(Activity 12, 13)
3 Capital and Revenue Costs (Activity
14, 15)
- Making savings
4 Payback Period
- Use of
the technique (Activity 16)
- Gathering information for analysis
(Activity 17, 18, 19)
5 Return On Investment (Activity
20)
- Profit-based measures (Activity 21, 22)
- Information
gathering (Activity 23)
6 Non-Financial Cost-Benefit
Analysis (Activity 24, 25)
- Externalities (Activity 26)
Self
Assessment,
Summary
Session C - PRESENTING A FINANCIAL CASE
1
Introduction
2 The Right Presentation (Activity 27)
3 Gathering Information (Activity 28, 29)
4 Submitting
the Financial Case (Activity 30)
Self
Assessment,
Summary
Session D - MANAGING PROJECTS
1 Introduction
2 Stage 1 : Assess the Feasibility of the Project (Activity 31)
-
Should it be done
3 Stage 2 : Plan the Project
- Gantt
charts and managing projects (Activity 32, 33)
- Gantt charts,
software and managing resources (Activity 34, 35, 36)
- Managing
the process
4 Stage 3 : Implement the Project
5 Stage 4 : Review the Outcomes of the Projects (Activity 37)
Self
Assessment,
Summary
Performance checks
1 Quick quiz
2 Workbook assessment
3 Work-based assignment
Reflect and review
1 Reflect and review
2 Action plan
3 Extensions
4 Answers to self-assessment questions
5 Answers to activities
6 Answers to the quick quiz
7 Certificate