A PMI Certified Training Course
Project Formulation
Preparing Projects to Maximise Sustainable Value
Why Choose Project Formulation Training Course?
The Project Formulation Training Course provides a structured foundation for transforming investment decisions into clearly defined, well-planned, and executable projects. Building on the outcomes of feasibility analysis, this course focuses on the early phases of project development, where strategic clarity, stakeholder alignment, and structured planning determine long-term project success. Participants learn to translate strategic intent into a workable project charter and a comprehensive project management plan that supports disciplined execution.
This Project Formulation Course aligns closely with the PMI PMBOK® standards and emphasises the critical performance domains required for sustainable project outcomes. Delegates explore how effective initiation supports improved predictability, reduced uncertainties, and stronger alignment with organisational priorities. Through interactive learning, participants will understand how to build robust planning processes for scope, quality, schedule, cost, and risk.
With a strong practical approach, the Project Formulation Training Course enables professionals to prepare projects for execution with confidence, ensuring all required planning elements—resource coordination, communication, stakeholder engagement, and procurement—are fully integrated before work begins. This structured preparation strengthens project governance, enhances team readiness, and ensures consistent delivery across diverse project environments.
What are the Goals?
This Project Formulation Training Course is designed to enhance the capability of professionals responsible for initiating, defining, and preparing projects for execution. It develops practical understanding of how to convert feasibility findings into structured project plans that support organisational decision-making and smooth project launch.
By the end of this training course, participants will be able to:
- Engage effectively with project stakeholders to establish clear expectations.
- Create a complete and accurate project charter.
- Develop a comprehensive project management plan aligned with PMBOK® standards.
- Carry out project planning processes across scope, quality, risk, schedule, and cost.
- Prepare a project for execution with structured documentation and stakeholder alignment.
Who is this Training Course for?
This Project Formulation Course is suitable for professionals involved in defining, initiating, or planning projects across different sectors. It is beneficial for both new practitioners and experienced managers who need robust skills in project initiation and planning.
This training course will greatly benefit:
- Project Managers involved in early-stage project design and definition.
- Project Planners responsible for developing structured planning documents.
- Managers launching new products, services, or change initiatives.
- Senior operations managers overseeing new organisational projects.
- Professionals establishing new business ventures or investment-driven projects.
How will this Training Course be Presented?
This Project Formulation Training Course is delivered through a highly interactive and practice-driven learning experience. Participants engage in discussions, group exercises, and case studies that reflect real organisational challenges. Each module combines core concepts with practical application to ensure participants gain hands-on experience in project initiation and planning.
Small group activities allow delegates to analyse situations from their own organisations, while facilitated exercises help translate planning principles into actionable project documentation. Short, focused presentations support structured learning, while collaborative sessions reinforce the practical use of PMBOK®-aligned tools and processes.
Training delivery includes:
- Interactive discussions and scenario-based learning
- Group exercises and collaborative problem-solving
- Case study analysis and application of PMBOK® tools
- Practical planning exercises using real-world project examples
The Course Content
- Project Management Principles
- Project Management Performance Domains
- Project Management Life Cycles
- Identifying Stakeholders
- Prioritising Stakeholders
- Developing a Project Charter
- Developing the Project Management Plan
- Planning Scope Management
- Collecting Requirements
- Defining Scope
- Creating Work Breakdown Structures
- Planning Quality Management
- Planning Risk Management
- Identifying Risks
- Creative Thinking Techniques
- Qualitative Risk Analysis
- Quantitative Risk Analysis
- Planning Risk Response
- Planning Schedule Management
- Defining and Sequencing Activities
- Estimating Activity Durations and Developing the Project Schedule
- Planning Cost Management
- Estimating Costs
- Determining the Budget
- Planning Resource Management
- Estimating Project Resources
- Planning Communications Management
- Planning Stakeholder Engagement
- Planning Procurement Management
- Preparing the project for Execution
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
- The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion
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