Project Management Fundamentals - 3 Day
This course provides a step-by-step guide to planning and executing a project. Working through case studies with real-world scenarios, you will interact with fellow students to learn and apply the methodologies and good practices of formal project management.
You will discover the approaches and techniques that make project managers successful, covering topics such as:
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Analyzing stakeholders
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Defining expectations
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Defining project deliverables
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Analyzing scope
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Developing schedule
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Mitigating risk
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Contingency planning
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Establishing and applying effective change controls
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Performance reporting
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Communicating status to project stakeholders
During class, project management theory will be interspersed with practical, hands-on workshops. Seventy percent of class time is dedicated to experience-based skills development. In the remaining class time, you will learn about methodologies and put practical skills into context. PMP and PMI are registered marks of the Project Management Institute, Inc.
Outline:
1. Foundations
a. Formal vs. informal project management
b. Project Management Institute (PMI)® framework
c. Project management life cycle
2. Initiating
a. Role of the project manager
b. Project charter
c. Stakeholder identification and assessment
d. Progressive elaboration
3. Planning
a. Planning around project constraints
b. SMART objectives
c. Converting objectives into requirements
d. Decomposition of requirements into a work breakdown structure
e. Developing a work breakdown structure dictionary
f. Principles of estimating time and cost
g. Analyzing work and estimating duration of work packages
h. Determining sequence of work packages
i. Network diagramming and critical path analysis
j. Budgeting resources and cost control
k. Ensuring that all management responsibility areas are included in the project plan
l. Analyzing risks for probability and impact
m. Mitigating and planning risk contingencies
n. Preparing baselines for scope, time, and cost
o. Obtaining stakeholder sign-off
4. Executing, Monitoring, and Controlling
a. Team-building principles and priorities
b. Status and performance reporting
c. Management by exception
d. Keeping stakeholders informed and involved
e. Steering performance back to the baseline
f. Integrated change controls
5. Closing
a. Transitioning the product or service
b. Capturing lessons learned for the organization
c. Final report to stakeholders
Exercises:
a. Formal vs. Informal Project Management
b. Analyze Stakeholders
c. Convert Vague Objectives into SMART Objectives
d. Create a Work Breakdown Structure
e. Estimate Effort and Duration for Work Packages
f. Perform Network Diagramming and Determine Critical Path
g. Estimate Resource Costs for Work Packages
h. Analyze and Plan for Risk
i. Manage Project Change
j. Review Lessons Learned