Projects Management

Project Management fundamentals

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Project Management fundamentals Course

Introduction:

Strong project management skills are invaluable in any business, as they ensure timely completion of tasks, cost control, and the delivery of high-quality outcomes from the outset. By participating in this Project Management course, you will enhance your skills and become highly sought after in the job market.

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

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