The ultimate purpose of project management training is the creation of job skills. Andragogy - the science of adult learning - established that adults ideally create skills by solving job-specific problems with colleagues. Also, adults retain information in long-term memory only if it is useful, and social interaction enhances the adult's development of new skills. Unfortunately, common project management training mostly presents formulas and dictionaries and expects students to mentally correlate them to real-life situations. This approach misses a key andragogical element: application. Applying information to solve actual problems is critical for the formation of job skills. Online project management courses are widely available, and common face-to-face seminars are easily accessible in major metropolitan areas. However, these standardized courses do not always create skills. Participants from construction, IT, marketing, financial, government, and other organizations share standard course materials-which must be generic-and, unfortunately, fade from memory quickly unless they happen to coincide with a real-life problem that the participant is experiencing. An investment in these standardized courses may be misplaced if it does not improve job performance. Why, then, would organizations invest in project management training that may not improve the project manager's performance? The common answer has been cost. Most people would agree that customized training is better, but the price used to be prohibitive. Now there is an alternative: Hoffmann Conseho's Simproject . Hoffmann Conseho uses this proprietary method to create real-life skills from project management theory. Simproject allows participants to experiment with new ideas until they understand a project management concept without the threat of real-life failure. Hoffmann Conseho courses simulate a client's project without the need for redesigned course materials, which allow sound andragogical learning at competitive prices. Any organization with a training budget of $1,900 can leverage Hoffmann Conseho's approach. Hoffmann Conseho offers Basic and Advanced Project Management courses ranging from $940 to $1,380 per participant (all inclusive). The courses occur at a client's facility, and they teach the skills resulting from PMBOK concepts: Integration Communication Scope Time Cost Quality Risk Procurement Team The courses are roughly 10% instruction, 60% simulation, 10% reflection and 20% group discussions. Roland Hoffmann founded the company in 2007. He is a 20 year veteran who has led a wide spectrum of projects, ranging from colossal to miniscule, from IT to construction, and from Europe to Asia and the Americas. He decided to convey his two decades of experience through Hoffmann Conseho's project management courses.

1. If you would like, use the contents of these three slides in your presentation to
support your training request. Copy, cut, add, delete, replace, change, adapt ---
use the information freely.
I hope to work with you in the future.
Best regards,
Roland Hoffmann
NOTE: The original file has an xls worksheet with formulas, as well as ppt graphics that
are censored on this site. You can find it at:
http://www.conseho.com/project-management-training-comparison/
-> Download PowerPoint Pitch

2. Tangible Cost/Benefit Ratio
TANGIBLE BENEFITS CURRENT $ IMPROVEMENT RESULT
Cost Reductions $109,000 7% $7,690
Labor Budget $10,000 10% $1,000
Rework $9,000 9% $810
Duplication $8,000 8% $640
Scrap $7,000 7% $490
Downtime $6,000 6% $360
Overtime $5,000 5% $250
Absenteeism/tardiness $4,000 4% $160
Supervisory Time $3,000 3% $90
Grievances $2,000 2% $40
1. Double click to open the Excel worksheet Accidents
Turnover
$1,000
$2,000
1%
2%
$10
$40
Recruiting $3,000 3% $90
Procurement $4,000 4% $160
2. Delete, add or rename factors Inventory $5,000 5% $250
Utilities $6,000 6% $360
Compliance $7,000 7% $490
Claims, Lawsuits, Arbitration $8,000 8% $640
3. Enter your own $ and % in white areas Insurance Premiums $9,000 9% $810
Interest Expense (cash flow) $10,000 10% $1,000
Revenue Increases $38,000 10% $3,620
Prices $10,000 10% $1,000
Incentives $9,000 9% $810
Market Share $9,000 9% $810
Interest Income (cash flow) $10,000 10% $1,000
TOTAL BENEFIT $11,310
TOTAL COST $4,960
Seminar Fee $3,360
Participants Wages $1,600
BENEFIT-COST (NET BENEFIT) $6,350
BENEFIT/COST RATIO 228%
COST/BENEFIT RATIO 44%

3. Intangible Benefits
Enhanced communication
Clearer reports
Reduced uncertainty
Improved designs
Improved stakeholder relations
Less unintended consequences
Enhanced teamwork
Enhanced problem solving skills
1. Delete whichever benefits do not apply
Improved attitude toward management
Decreased time for people problems
2. If you can determine the $ value and % benefit, Improved change management
add the factor in the prior spreadsheet as a Customer loyalty
Corporate reputation
tangible benefit Greater flexibility
Improved career-pathing
Improved institutional knowledge
Improved morale
Improved SWOT
Faster access to information
Improved methodologies
Common vocabulary
Motivational improvement
Word of mouth improvement
New product ideas