This course covers the project management framework, processes and knowledge areas following the structure of the PMBOK® guide. It contains all the relevant information required by the Project Manager to clear the PMI’s Project Management Professional (PMP) exam. Real life case studies and workbook questions provide ample opportunities to learn the key aspects of project management.
EXPECTED ACCOMPLISHMENTS
- Develop an integrated understanding across PM knowledge areas & process groups
- Apply appropriate project selection methods using finance principles
- Estimate the scope, schedule and cost baselines for the project
- Implement HR processes to organize, manage, and lead the project team
- Implement effective communication tools to manage project stakeholders
- Determine quality policies, objectives, and responsibilities
- Integrate risk management techniques into project management process
- Handle procurement contracts with vendor participation at critical stages of the project
TARGET AUDIENCE
Project managers, project team members, functional managers, and procurement officers
COURSE DETAILS
Framework
- Key Definitions
- Project constraints
- Project lifecycle vs. product lifecycle
- Organizational structures
- Enterprise environmental factors,
- Organizational process assets
- Project management office (PMO)
- Project selection methods
Process Groups and Knowledge Areas
- Process management groups
- Processes
- Process interactions
- Knowledge areas
Integration Management
- Project charter
- Project management plan
- Project execution
- Monitor and control
- Closing project
- Business case
- PSOW
- PMIS
- Configuration management
- Work performance information
- Change requests
Scope Management
- Requirements
- WBS
- Control scope
- Requirements management plan
- Requirements traceability matrix
- Code of accounts
Time Management
- Activities and duration
- Schedule
- WBS dictionary
- PDM
- FS, SS, FF, SF logical relationships
- Lags and Leads, float
- CPM
- Forward pass and backward pass
- Critical chain method
- Reserves analysis
- Crashing and fast tracking
- Schedule performance baseline
Cost Management
- Cost and Budget
- Life cycle costing
- Cost estimates-analogue, parametric, bottom up, three point.
- Reserves analysis and funding requirements
- Cost performance baseline
- EV estimates
- Issue logs and action logs
- Variance analysis and forecasting
Quality Management
- Cost of Quality
- Quality tools
- Standards and regulations
- Precision vs Accuracy
- Proprietary and Non-Proprietary approaches to quality
Resource Management
- Planning and acquiring resources
- Acquire, Develop and Manage Project Team
Communication Management
- Communication model
- Management gaps
- Communication channels
- Formal and Informal communications
Risk Management
- Processes
- Methodology and approaches to risk management
- Utility theory
- Risk categories
- Tools and techniques for risk identification
- Risk probability and impact
- Qualitative and quantitative analysis tools
- Risk responses
Procurements Management
- Key definitions
- Planning, conducting, administering and closing procurements
- Teaming agreements
- Make-or-buy analysis
- Contract types: Fixed price, cost reimbursable and T&M
- Procurement statement of works
- IFB, RFB, and RFQ
- Negotiations and contracts
Stakeholder Management
- Identify stakeholders
- Stakeholder analysis
- Stakeholder register
- Managing stakeholders
Professional Responsibility
- Code of conduct
- Ethics
- Culture
- Driving forces in global businesses
- Working in multicultural teams
- Tips for Passing the PMP Exam