On April 20-21, 2023, European Academy provided an in-depth online training course on the PM² Project Management Methodology for Arhs Developments. This specialized course, based on the European Commission’s PM² framework, was designed to support Arhs Developments in mastering essential project management practices tailored to the unique requirements of EU-funded projects.
The training program, enriched with hands-on workshops and scenario-based exercises, covered key areas of the PM² methodology:
Core Project Management Principles and PM² Fundamentals: Participants explored various methodologies and understood PM²’s unique strengths. This included project management fundamentals such as the triple constraint—balancing time, scope, and budget—and aligning outcomes to maximize project value.
Governance and Lifecycle Phases in PM²: The course delved into PM² governance structures, assigning roles using the RASCI model, and detailed lifecycle phases from initiation to closure, with an emphasis on critical artefacts needed at each stage.
Initiation and Planning Phases: Participants developed key artefacts, including the Project Charter and Work Plans, and learned techniques for setting project goals, identifying critical success factors, and managing resources effectively.
Risk and Stakeholder Management: Through targeted workshops, Arhs Developments’ team practiced risk identification, analysis, and mitigation, as well as stakeholder mapping and engagement strategies, vital for project stability and success.
Execution, Monitoring, and Control: The course emphasized methods for efficient project tracking, quality assurance, and change management. Participants engaged with PM²’s monitoring tools to ensure adherence to project schedules and budgets, maintain performance, and manage communications.
Project Closure and Lessons Learned: The training concluded with project closure best practices, including conducting project-end reviews, documenting lessons learned, and final reporting, ensuring project value is fully realized and learnings are leveraged for future projects.
European Academy’s hands-on approach in this course enabled Arhs Developments’ team to gain practical PM² skills, preparing them to excel in managing complex EU-funded initiatives.
Prepare your team to handle EU-funded projects with expertise! Discover our upcoming PM² training courses or explore in-house training options for tailored project management solutions.
