Course Objectives

• Identify common phases in the project life cycle (initiating, planning, executing, and closing) and list activities critical to each
• Analyze new project constraints (time, resources, performance) and identify trade-offs between them (for example, if timely project completion date is critical, a company may expend more resources and perhaps reduce quality expectations if a deadline is at risk)
• Identify project stakeholders and their needs and prioritize stakeholders’ impacts to the project by the following criteria: proximity to the project, power, and urgency (time sensitivity)
• Create a project work breakdown structure that accurately reflects a given project’s scope and includes individual work packages, each scaled for a single owner
• Employ a work breakdown structure to develop a network diagram that accurately reflects duration and sequencing of project activities identify a project’s critical path and compute a project’s earliest possible finish date by means of the two-pass method
• Name the four methods for responding to project risks (avoid, transfer, mitigate, and accept) and the three methods for responding to project opportunities (exploit, share, and enhance) and identify their differences
• Summarize the differences between analogous, parametric, and bottom-up cost estimating and describe when it’s appropriate to use each
• Define “planned value”, “earned value”, “actual costs”, “schedule variance”, and “cost variance” within the context of Earned Value Management; demonstrate how this system may be used to manage project cost and schedule.

Outline

• Getting Started with Project Management
• Project Management Processes
• The Project Management Cycle
• Initiating a Project
• Planning for Time and Cost
• Planning for Project Risks, Communication and Change Control
• Managing a Project
• Executing the Project Closeout Phase
• Roles, Responsibilities and Skills
• Project Management Structures
• Integrated Project Management

Course Content

Project Management Fundamentals – 2 Day Training Session

Tuesday 5.9.2023 – Wednesday 5.10.2023 8:30am – 4:30pm EST
Cost per Student – $1500
Organizations are turning to project management to help them plan and control their businesses. As a result, Project Management is recognized as one of the fastest growing professions today. Project Management Fundamentals provides the basics for project managers by introducing essential project management concepts and methods. Through discussion, workshops and real-world examples, participants learn how to identify project components, organize them effectively, and control the project from the earliest steps of developing the project charter through the final steps of a project – documenting lessons learned.

Who should attend

• This course is a perfect start for those who are interested in learning the modern concepts of project management and want to become project managers.
• Course participants include team members, program managers, project supervisors and project managers wishing to upgrade their skills and knowledge to understand the basic concepts of modern project management.
• There are no specific skills/experience needed for this course.