Introduction:
Good project management skills are always highly valued within a business as they ensure deadlines are met, costs are controlled and the deliverables are right the first time. So with this Project Management course, your skills will be highly in demand.
Course Objectives:
At the end of this Project Management Fundamentals course, participants will be able:
- To understand what is a project.
- To identify the key activities that must be managed to ensure project success
- To understand all the steps involved in developing a new project, from beginning to end
- To identify and understand the importance of key people in every project
- To learn and develop the skills to create a complete project planning document
- To learn how to establish project deadlines
- To learn and develop the skills associated with effective project quality management
- To learn what are the phases of project management
- To learn how to organize the human resources for project management
- To learn how to create a project charter and establish the scope
- To learn how to plan a project in fixed and variable timings
- To learn how to determine resource utilization and costs
- To learn how to use project management software to manage the basics of a projects
Who Should Attend?
This Project Management Fundamentals course is ideal for:
- Project managers, members of project offices, project sponsors, functional managers, senior management
- The course is ideal for you if your work requires any form of managing projects or you would like to move into this field.
Course Outlines:
Project Management and the Big Picture
- Defining what a project is – and is not
- Understanding Projects, Programs, Portfolios, and how they relate to Organizational Strategy
- Defining project management and the project lifecycle
- Types of organizational structures – Functional, Projectized, Weak, Balanced & Strong matrix
- Identifying, analyzing and engaging the project stakeholders
Project Integration Management
- Writing the project charter—Purpose, contents
- Developing the Project Management Plan
- The process of execution
- The process of monitoring and controlling
- Using Integrated change control
- Change requests
- Corrective & preventive actions
Planning the Project and budgeting
- Collecting Project requirements
- Planning and defining the total project scope
- Creating the WBS – Scope decomposition, Work packages, WBS dictionary
- Identifying project activities
- Estimating activity durations and resources
- Analogous
- Bottom Up
- Parametric
- Three-point estimates
- Developing the project schedule
- Network Diagrams (PDMs)
- Dependencies & relationships
- Estimating the project costs
- Activity costs
- Project budget
- Cash flow analysis
Monitoring and Controlling the Project
- Understanding Scope creep, Gold plating
- Controlling the project schedule
- Crashing
- Fast tracking
- Controlling the project costs
- Earned Value analysis
- Communicating project performance
Project strategy
- Strategic versus operational project management
- Identify projects that support your strategy
- SWOT analysis
- Strategic project management
- Project selection financial models
- Net Present Value (NPV)
- Decision trees
Project risk management
- Project risk identification
- Qualitative risk analysis
- Quantitative risk analysis
- Project risk response planning
Closing Out The Project
- Administrative closure procedures
- Updating Organizational processes assets
- Documenting Lessons Learned