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Asen Gyczew

What is the aim of this course?   

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What is the aim of this course?   

Managing Consulting Projects is extremely difficult. You work in a hostile environment, long hours on difficult things. On top of that, the bill for your services for the customer is pretty high so he will want to squeeze out of you as much as possible. At the same time, his people may dislike you as you are an outsider who in their point of view pretends to know better.  Therefore, many Project Managers fail on deadlines or cannot deliver value for the customer. Luckily there is a way to do a consulting project on time, get your customer and the people happy with the result, as well as get well paid for your work. This course will help you drastically improve your knowledge and skills in managing a consulting project. It is designed for project managers, especially those working in consulting. After finishing the course you will know:   

  1. How to prepare for the project to make your customer and your team happy as well as to finish the project much earlier than your competitors   

  2. How to create value for your customer  

  3. How to deliver the project within the budget and way ahead of deadlines  

  4. How to execute the project without having to work 7 days a week 15 hours a day   

  5. How to overdeliver and get buy-in from your customer  

  6. How to build a strong foundation for future projects  

  7. What tools to use  

  8. How to be efficient as a team

This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turn-arounds in the biggest firms from Retail I have carried out or supervised over 90 different performance improvement projects in different industries that generated a total of 2 billion in additional EBITDA. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors On top of that my courses on Udemy were already taken by more than 224 000 students including people working in EY, McKinsey, Walmart, Booz Allen Hamilton, Adidas, Naspers, Alvarez & Marsal, PwC, Dell, Walgreens, Orange, and many others.

I teach through case studies, so you will have a lot of lectures showing examples of analyses, and tools that we use. To every lecture, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lectures so as a part of this course you will also get a library of ready-made analyses that can, with certain modifications, be applied by you or your team in your work.   

Why have I decided to create this course?   

As I said, I not only managed and delivered consulting projects, but I was also on the receiving end. What always surprises me is that despite all the knowledge there is on managing projects, consultants time and again fail miserably and deliver something the customer doesn’t want or need, usually after the deadlines.  At the same time, I could not help noticing that I on the other hand was done with my work way ahead of time. Therefore, I decided to describe my approach so it can be used by others who face the same challenges. Thanks to this course you will become a priceless member of your company and you will outperform other project managers. It will help you land a job not only with consulting firms but also with private equities and businesses that need somebody to supervise projects (i.e. Project Management Officer).   

To sum it up, I believe that if you want to be a top project manager you should implement my approach towards consulting projects. That is why, I highly recommend this course not only to project managers or consultants that have to manage projects but also to managers and directors working in the business.   

In what way will you benefit from this course?    The course is a practical, step-by-step guide loaded with tons of tips, tricks, and hints that will significantly improve the speed with which you conduct the project. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will know:   

  1. How to train your team and turn it into an effective machine  

  2. How to prepare the project in order to deliver value to the customer within the budget and deadlines   

  3. How to execute the project to make your customer and your team happy  

  4. How to finish the project and at the same time build the foundations for new cooperation   

You can also ask me any question either through the discussion mode or by messaging me directly.   

How the course is organized?   

The course is divided currently into 6 sections. Currently, you will find the following sections:   

  • Introduction. We begin with a little intro to the course as well as some general info on projects.   

  • Teaching Phase. In the second section, I will explain the importance of teaching and how to implement it in your team or company. If you want to do fast, efficiently good projects you have to have the right kind of people. You can say that preparation for the consulting project starts with proper teaching. In this section, I will discuss how through teaching get good business analysts.   

  • Preparation Phase. Most consulting projects are done in a bad manner. A lot of things that should be done ahead of time are done during the project and this slows you down drastically and causes later on a lot of problems. If you prepare properly you can shorten the execution time, create more value, and earn more. In this section, I will show you how to prepare and what kind of tools to use.   

  • Execution Phase – Technical Tips. In section 4 I will show you some technical tips you should follow to make sure that you deliver value to      the customers within the deadlines   

  • Execution Phase – Tips regarding the relationships with the customer. In this section, we continue with tips on how to execute the project. This time around it will be more devoted to soft tips: how to treat people on the project to get great results.   

  • Wrapping up the project. The way you finish the project is of utmost importance. In this section, I will show you how to finish the project to maximize the happiness of the customer with the results of the project as well as to create opportunities for new projects.  

You will be able also to download many additional resources   

  1. Excels with analyses shown in the course  

  2. Presentation of slides shown in the course  

  3. Additional tools shown in the course  

  4. Links to additional presentations and movies   

  5. Links to books worth reading

At the end of my course, students will be able to…   

  • Manage Consulting Project with your eyes closed

  • Finish the project ahead of time and below the agreed budget

  • Create value for the customer that will help you sell new projects

  • Create finished products that can be reused on other projects

  • Prepare yourself efficiently for the project

  • Create a dream team

  • Become a really efficient manager, working on a totally different level

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What's inside

Learning objectives

  • Manage consulting project with your eyes closed
  • Finish the project ahead of time and below the agreed budget
  • Create value for the customer that will help you sell new projects
  • Create finished products that can be reused on other projects
  • Prepare yourself efficiently for the project
  • Create a dream team
  • Become real efficient manager, working on totally different level

Syllabus

Introduction

We begin with little intro into the course as well as some general info on projects.

A few words about your humble teacher

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First you have to establish what does it mean to manage well the project. Here I will define what it does mean for me and what I think you should strive to achieve during your project

Here I will show you what to do if a blurry image appears

Here I will show you how to find additional resources attached to the coruse like Excel files, presentations, links etc.

How to find information and ask questions

Here I will show you where you can find information on managing non-consulting projects

In the second section I will explain the importance of teaching and how to implement it in your team or company. If you want to do fast, efficiently good projects you have to have the right kind of pe

In the second section I will explain the importance of teaching and how to implement it in your team or company. If you want to do fast, efficiently good projects you have to have the right kind of people. You can say that preparation for the consulting project starts with proper teaching. In this section I will discuss how through teaching get good business analysts.

Consulting is teamwork so you have to define what values you want your team to follow. This is crucial as it will be something that will be the basis for the team culture. In this lecture, I will show my values that provide a good ground for managing properly the consulting project

As we have discussed previously you want to turn inexperienced graduates into seasoned consultants. This gives you greater chances of success during the project. Therefore, you have to define the profile of an ideal consultant and set your team member on the course to achieve this level. In this lecture, I will also show you the profile I have defined for an ideal team member 

For your team to cooperate you have to create and teach them standards, templates as well as turn them into modules as much as possible your process and end-products. In the next lectures, I will show you in details on how to achieve it

A lot of things are repetitive. Therefore, it makes sense to standardize everything. In this lecture we will show to do it in practice.

Next step after you created standards is to create templates. In this lecture I will explain how to do it in practice

Here I show you templates of excel analysis

Power Pointe presentation is the second most important tools to be used by Business Analyst in his work. After all it is not only important to analyse data and draw conclusions but also to show them in a nice manner to decision makers. Here you will learn basic rules on how to build your Power Point deck in fast and easy manner. You will see also some examples of good and bad slides. There are many advanced tools for presentation (i.e.) Prezi. Still Power Point is the most often used and widely accepted

For some things standards cannot be applied straightforward. You need to introduce modules to move forward. I will show you in this lecture how to implement it in practice

Standard folder structure is important tool to save time and introduce order. I will show you the principles of using it as well as a practical exampl

Here I will show you how in practice to train your people

End of Teaching Phase
Most consulting project are done in a bad manner. A lot of things that should be done ahead of time are done during the project and this slows you down drastically and causes later on a lot of problem

Most consulting project are done in a bad manner. A lot of things that should be done ahead of time are done during the project and this slows you down drastically and causes later on a lot of problems. If you prepare properly you can shorten the execution time, create more value and earn more. In this section I will show you how to prepare and what kind of tools to use.

Here I discuss what is issue tree and why you should start with it

Issue tree is a simple yet powerful concept used in consulting for structuring discussion and picking the right topics to concentrate on. In this lecture I will show you the principles of using it as well as a practical example

In this lecture, I will summarize what kind of examples of issue trees we will present in the next few lectures.

In this lecture I will show you how the issue tree could look like for logistics

In this lecture I will show you how the issue tree could look like for a retailer

Here I will show you an example of an issue tree in FMCG

The next step is to create the presentation template, using the issue tree you have created. In the next lectures I will show you step by step how to create the template.

There 10 phases of producing the final presentation. You start with creating the structure of the presentation then you move to making sketches, template and slides. You end up with checking for errors and omissions. I will discuss briefly here each and every stage

There are 2 types of presentations: presentation that will be read by the customer on his own and presentation that will be delivered to the customer during a meeting. Those presentations different in size, delivery time, animations present in the presentation and last but not least font size. I will be discussing those difference in more detail in this lectur

In consulting you will be creating all the time different presentations for different purposes. I will discuss in this lecture different purposes and types of presentations

Here we will discuss the structure of the presentation and how to develop it

Once you have the section and chapters you should try to put the messages you want to convey. I will show the example of messages we created for this course

You should start by sketching the presentation on a piece of paper. There are 4 phase of sketching the presentations I will show them in this lecture. You will also see the sketch for this course

After sketching you have to create the template of the slide. I will show you examples of how a sketched slide is turned into a power point slide

Here I show you some useful templates for presentations

Here I will show you what kind of market research you can make and where you can find more information on what market research method to use and how to implement it in practice

Here I will show you what rules you should follow when creating the data request

In this lecture I will show you a real example of data request that I have to a customer. He wanted me to optimize processes at his stores.

In preparation phase you have to define the team and their roles. I will talk briefly her how to do it

How many people and whom you need depends on the type of the project. In this lecture I will show you some examples of team structure for different consulting projects

You have to also create the schedule of meetings (group meeting and individual ones). In this lecture I will show you example of an overview / schedule that we use for consulting projects

You also have to make sure that you have exchanged all the contact details to important people on the customer side as well as your team members

In section 4 I will show you some technical tips you should follow to make sure that you deliver value to the customers within the deadlines

In section 4 I will show you some technical tips you should follow to make sure that you deliver value to the customers within the deadlines

Your work as a Project Manager is totally different then the work of a business analyst or consultant. A good project manager doesn’t work directly. He manages people and relations

In this lecture the tools and ways in which you should manage your team. I will also show you how your daily schedule should look like

Here I will discuss the tools that usually you would use during a consulting project

To-do list – highly popularized by David Allen in Getting things done are a great tool to make sure that you do the right things at a fast pace. In this lecture we will talk briefly about applying them in practice. I will show you the principles of using it, types of to-do list as well as a practical example, including the one I am using.

We will talk on the importance of deadlines, types of deadlines and how to set them

One of the biggest problem for efficiency is the so called Parkinson’s Law – Work expand so as to fill the time available for its completion. People when asked to evaluate the time certain things will take build in buffers. One of the ways to deal with it is the so called Critical chain. Here I will show you what it is

You should an interim meetings basically every week. I will discuss in this lecture why it makes a lot of sense

Here I discuss an example of model of FMCG business and use it as to show you how your analyses should look like from the very beginning of the project

Analyses should be made from the start according to the standards and look like end product. I will show you in this lecture what are main rules to be followed.

Here I will show you how to make sure that you do not get lost in the production of the presentation, when there are a lot of different consultants and business analysts doing some part of the presentation.

There are 2 main ways to control the progress of the project. You can use for this purpose the presentation template or a Kanban showing the status of all activities/analyses that are supposed to be delivered as a part of the project. We will look at the kanban in this lecture.

Buy-in is extremely important for the success of your project. I will show in this lecture what it is and how to achieve it

In this lecture, I will talk about the importance of formal and informal meetings with the customers 

Overdelivering is the key factor in building long-lasting relationship with your customer. Here I will show you how to achieve it 

. It this section we continue with the tips on how to execute the project. This time around it will be more devoted to soft tips: how to treat people on the project to get great results.

It this section we continue with the tips on how to execute the project. This time around it will be more devoted to soft tips: how to treat people on the project to get great results.

Usually people talk to their pears. You and your team should build all sort of relations with the customer team. In this lecture I will show you why you should do it and how

You are competitive creature and you want to be in the spotlight but you should not steal ideas from the customer’s team. Always gives credit to specific worker

You will be tempted to show the customer the maximal potential savings / results he can get by implementing what you have created. In this lecture I will explain why you should downplay your estimations

You want to be a star which is ok. Yet as a Project Manager try to give a lot of attention to your team and the team on the customer’s side

Whenever there is a problem there are two ways to approach it. You can look for the culprit or to try to solve the problem. In this lecture I will show you why concentrating on the problem is much better solution

Time and again you will not know things specific for you customer. There are plenty of reasons for that. I will show you in this lecture why you should admit to that as soon as possible

In this lecture I will show you other small tips that I recommend implementing

The way you finish the project is of outmost importance. In this section I will show you how to finish the project to maximize the happiness of the customer with the results of the projects as well as

The way you finish the project is of outmost importance. In this section I will show you how to finish the project to maximize the happiness of the customer with the results of the projects as well as to create opportunities for new projects.

In this lecture I will show you tips on how to train the customer how to use the end-products

When we talk about transferring the deliverables we have in mind 3 things that have to be done. We will discuss in the lecture what they are and when to use them

Here I will talk about other issues related to project management, that are worht exploring

Here I will talk about defining scope

Here I will talk about PMO and how to build it

Here I will share with you some tips that will help you with your career.

Conclusions
Bonus Lecture

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Practical Project Management for Management Consultants with these activities:
Review Project Management Methodologies
Familiarize yourself with different project management methodologies to better understand the context of the course and apply relevant techniques.
Browse courses on Agile
Show steps
  • Research common project management methodologies.
  • Compare and contrast the different methodologies.
  • Identify methodologies relevant to consulting projects.
Review 'The McKinsey Way'
Understand the consulting mindset and problem-solving approaches used by top consulting firms.
Show steps
  • Read the book 'The McKinsey Way'.
  • Identify key principles and practices.
  • Reflect on how these principles apply to project management.
Simulate a Consulting Project
Apply the course concepts by simulating a consulting project, from initial client engagement to final deliverable.
Show steps
  • Define a hypothetical client and project scope.
  • Develop a project plan and timeline.
  • Create sample deliverables, such as presentations and reports.
  • Present your project to peers for feedback.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Document Project Management Templates
Solidify your understanding of project management tools by creating templates for common consulting project deliverables.
Show steps
  • Identify common deliverables in consulting projects.
  • Design templates for project plans, status reports, and presentations.
  • Share your templates with peers for feedback.
Review 'Getting Things Done'
Improve your personal productivity and task management skills using the GTD methodology.
View Getting Things Done on Amazon
Show steps
  • Read the book 'Getting Things Done'.
  • Implement the GTD methodology in your daily workflow.
  • Reflect on how GTD improves your project management skills.
Develop a Project Retrospective Report
Deepen your understanding of project management by creating a retrospective report analyzing a past project's successes and failures.
Show steps
  • Select a past project to analyze.
  • Gather data on the project's performance.
  • Identify key successes and failures.
  • Develop recommendations for future projects.
Mentor Junior Project Managers
Reinforce your knowledge by mentoring junior project managers and sharing your insights from the course.
Show steps
  • Identify junior project managers to mentor.
  • Share your knowledge and insights from the course.
  • Provide guidance and support on their projects.
  • Reflect on your mentoring experience.

Career center

Learners who complete Practical Project Management for Management Consultants will develop knowledge and skills that may be useful to these careers:

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Practical Project Management for Management Consultants.
Introduces a time management method focused on productivity. It is useful for project managers who want to improve their personal efficiency and the efficiency of their teams. The course mentions the use of to-do lists, which key component of the GTD methodology. This book provides a comprehensive guide to implementing GTD in a consulting environment.
Provides insights into the problem-solving, communication, and teamwork approaches used by McKinsey consultants. It offers a practical guide to the consulting mindset and methodologies. Reading this book will help students understand the expectations and best practices within top-tier consulting firms. It valuable resource for understanding the consulting world.

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