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Have you called your suppliers? Who in the team should ensure your documents are submitted correctly and on time?
You can make projects more manageable and gain visibility on how things are progressing (or not progressing) when you combine the functionality of project management tools with an understanding of the fundamentals of project management.
Why learn the fundamentals of project management?
Agile, Scrum, Kanban, Managing Successful Programmes and PRINCE2® -- these project management methodologies suit different industries and teams.
Learning about these frameworks can help you and your team complete projects more efficiently, from planning to goal setting to dividing them into phases and milestones to assigning tasks and reporting. Understanding the frameworks through training can help you make the most of your small business project management tools.
Project management training helps teams:
Efficiently use resources: Time, money, materials and personnel are considered resources. With training, you can learn how to optimise operations and achieve better results with limited resources.
Improve productivity: Learn to set realistic goals, create effective timelines and track progress. Doing so helps you complete projects with fewer back and forth and errors. In turn, you can improve productivity and customer satisfaction.
Communicate better: Learn how to communicate the status of tasks and projects to other team members, stakeholders, vendors and customers. Communication leads to better collaboration and fewer misunderstandings or conflicts.
Gain a competitive advantage: Through project management training, SMBs can build a track record of delivering projects on time, within budget, and with high quality. This track record can help you stand out against the competition and build a positive reputation.
Scale your operations: As you grow, you must manage bigger job orders or more complex projects. You can develop the skills and tools necessary to manage these effectively through training and practice.
Is there Government support for project management tools and training for small businesses?
Yes, there is. Through the Small Business Technology Investment Boost and Small Business Skills and Training Boost, the Federal Government releases small business grants for employee training. If you are an eligible small business, you can submit grant applications for project management software subscriptions and training costs.
The Australian Taxation Office (ATO) explains that small businesses can deduct 20 per cent of the cost incurred on business expenses and depreciating assets supporting their digital adoption. Costs supporting digital adoption can be portable payment devices, cyber security platforms or subscriptions to project management software. For the new Small Business Skills and Training Boost, an annual $100,000 cap on expenditure applies to each qualifying income year.
Under existing laws, small businesses can find support for related training and upgrades beyond these.
Small businesses can keep deducting expenditures that not eligible for the bonus deduction under the existing tax law.
Under existing law, businesses can continue to deduct expenditures above the $100,000 cap. This measure will apply to expenditure incurred in the period commencing from 7:30 pm AEDT 29 March 2022 until 30 June 2024.
What are some available training courses in project management?
It's challenging for small businesses to take time to train, away from the day-to-day tasks. So, we crafted and curated courses for leaner organisations that provide flexible learning.
Certified Project Management Professional (CPMP)
Understand the fundamentals of project management from the perspectives of widely used methodologies like PRINCE2, AgilePM®, and Scrum. This 3-month bootcamp-style course lets you study the material at your own pace and then meet regularly with mentors and classmates for questions, clarifications and support.
Project Management Fundamentals for Small Business - Self-paced
This course is recommended for those currently managing projects or looking to move into a project management role. You can study the material at your pace to gain a firm grounding in the essential skills and knowledge you need to be successful.
PRINCE2 7th Edition Foundation - Self-paced
You can study the basics of PRINCE2 in this course. PRINCE2 is the process-based approach to project management, equipping project managers with the tools, knowledge, and flexibility to effectively manage projects in today's dynamic environment. The 7th Edition has evolved to meet the demands of the digital revolution, the speed of change, the rise of Agile ways of working, and the increased volatility and uncertainty of all aspects of life.
Agile Project Management (AgilePM) Foundation - Self-paced
APMG accredits this course. The training provides the world’s first independent Agile Project Management training and certification. Learn how the Agile Project Management processes can inform the planning, management and control of successful Agile projects. You also get the opportunity to gain certification as an Agile Project Manager at the Foundation level.
Managing Successful Programmes (MSP®) Foundation - Self-paced
Study materials at your own pace and learn about a standard, consistent programme and change management approach. MSP offers insights on creating a change management policy for small businesses.
What is training in project management like at Lumify?
At Lumify, we get that learning isn’t one-size-fits-all. Lumify Work was formerly known as DDLS Training. We partner with Project and Programme Management leaders like APMG and PeopleCert to deliver flexible training solutions for individuals and small to medium-sized organisations.
Access our eBook on the different project management frameworks to identify which method suits your team best.
Book a consultation to discuss your small business training requirements.
Download our eBook on grants for small businesses and training options.
