PMI Delaware Valley Chapter

Foundations in Project Management

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Foundations in Project Management – 35 Hours

This 35-hour course provides an in-depth review of project management principles and is designed specifically to provide a proven and sound foundation of project management basics, practical examples and exercises to mimic real life. Taught by PMP-certified practitioners from a variety of professions and academic credentials, this course will help students increase their knowledge and confidence to be successful in managing projects of all sizes and complexities. Students will be able to immediately apply what they learn and get a good start to prepare for the PMP certifications that they may pursue. The course is aligned with the current PMP Exam Content Outline including utilizing materials suggested by PMI for the 2021 PMP Exam preparation and it meets the 35-hour education requirement needed to apply to take the PMP Exam.

What you will Learn:

Topic 1 - Modern Project Management

  • What is a Project
  • Agile Project Management
  • Current Drivers of Project Management

Topic 2 - Organization Strategy and Project Selection

  • Why PMs Need to Understand Strategy
  • The Strategic Management Process
  • The Need for a Project Priority System
  • Project Classification
  • Phase Gate Model
  • Selection Criteria
  • Applying a Selection Model
  • Managing the Portfolio System

Topic 3 - Structure & Culture

  • PM Structures
  • Project Management Office (PMO)
  • What is the Right PM Structure?
  • Organizational Culture
  • Implications of Organizational Culture for Organizing Projects

Topic 4 - Defining the Project

  • Defining the Project Scope
  • Establishing Project Priorities
  • Creating the WBS
  • Responsibility Matrices
  • Project Communication Plan

Topic 5 - Estimating Project Times & Costs

  • Factors Influencing the Quality of Estimates
  • Estimating Guidelines for Times, Costs, and Resources
  • Top-Down vs. Bottom-Up Estimating
  • Methods for Estimating Project Times & Costs
  • Level of Detail
  • Types of Costs
  • Refining Estimates

Topic 6 - Developing a Project Schedule

  • Developing the Project Network
  • From Work Package to Network
  • Constructing a Network
  • Activity-on-Node Fundamentals
  • Network Computation process
  • Using the Forward & Backward Pass Info
  • Level of Detail for Activities
  • Practical Considerations
  • Extended Techniques to Come Closer to Reality

Topic 7 - Managing Risk

  • Risk Management Process:

o   Step 1 - Risk Identification

o   Step 2 - Risk Assessment (Probability Analysis)

o   Step 3 - Risk Response Development

  • Contingency Planning
  • Opportunity Management
  • Contingency Funding & Time Buffers

o   Step 4 - Risk Response Control

Topic 8 - Scheduling Resources & Costs

  • Overview of the Resource Scheduling Problem
  • Types of Resource Constraints
  • Classification of a Scheduling Problem
  • Resource Allocation Methods
  • Benefits of Scheduling Resources
  • Assigning Project Work
  • Multi-project Resource Schedules
  • Using the Resource Schedule to Develop a Project Cost Baseline

Topic 9 - Reducing Project Duration

  • Rationale for Reducing Project Duration
  • Options for Accelerating Project Completion
  • Project Cost-Duration Graph
  • Constructing a Cost-Duration Graph
  • Practical Considerations
  • What if Cost, Not Time, Is the Issue?

Topic 10 - Being an Effective Project Manager

  • Managing vs Leading a Project
  • Engaging Project Stakeholders
  • Influence as an Exchange
  • Social Network Building
  • Ethics and Project Management
  • Building Trust: The Key to Exercising Influence
  • Qualities of an Effective Project Manager

Topic 11 - Managing Project Teams

  • The Five-Stage Team Development Model
  • Situational Factors Affecting Team Development
  • Building High-Performance Project Teams
  • Managing Virtual Project Teams
  • Project Team Pitfalls

Topic 12 - Outsourcing: Managing Interorganizational Relations

  • Outsourcing Project Work
  • Request for Proposal
  • Best Practices in Outsourcing Project Work
  • The Art of Negotiating

Topic 13 - Progress and Performance Measurement and Evaluation

  • Structure of a Project Monitoring Information System
  • The Project Control Process
  • Monitoring Time Performance
  • Earned Value Management
  • Developing a Status Report
  • Indexes to Monitor Progress
  • Forecasting Final Project Cost
  • Other Control Issues

Topic 14 - Project Closure

  • Types of Project Closure
  • Wrap-up Closure Activities
  • Project Audits
  • Project Audits - the Big Picture
  • Post-Implementation Evaluation

Topic 15 - Agile Project Management

  • Traditional vs. Agile Methods
  • Agile PM
  • Agile PM in Action: Scrum
  • Extreme programming and Kanban
  • Applying Agile PM to Large Projects
  • Limitations & Concerns
  • Hybrid Models

Topic 16 - International Projects

  • Environmental Factors
  • Project Site Selection
  • Cross-Cultural Considerations
  • Selection and Training for International Projects

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