Project Management Principles

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Duration: 2 days – 14 hrs

Overview

Gain a thorough understanding of how to practically apply project management concepts that will equip you to effectively and successfully define, plan, manage, and close out projects. Through informative content, hands-on activities, class discussions, and a threaded case study, you will explore the tools, techniques, and working practices associated with successful project management. This comprehensive foundational course focuses on the project management principles aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and many of the GAO guides.

 

Objectives

  • Define project management key terms and fundamental concepts
  • Define the project and produce a project charter
  • Review project management plan elements and project documents
  • Select a development approach
  • Develop a communications management plan based on stakeholder’s needs
  • Define detailed scope using a work breakdown structure (WBS)
  • Determine project estimates
  • Create a realistic, defensible project schedule
  • Develop a project budget
  • Create a project risk register
  • Plan for project change
  • Establish and obtain acceptance for project baselines
  • Manage and communicate project performance results
  • Perform closing processes

 

Audience

  • Project Manager 
  • Executives 
  • Successors 

 

Pre- requisites 

  • none

 

Course Content 

Introduction to Project Management

  • What Is a Project?
  • What Is Project Management?
  • Programs, Portfolios, and Operations
  • Fundamental Concepts in Project Management
  • Responsibilities of the Project Manager

 

Defining the Project

  • Starting the Project
  • Project Charter
  • Exercise: Create a Project Charter
  • Team Charter

 

Project Planning Overview

  • Project Planning Introduction
  • The Project Management Plan (PMP)
  • Development Approaches
  • Exercise: Choosing Development Approaches

 

Stakeholders and Communications Management

  • Stakeholder Management
  • Exercise: Develop a Stakeholder Register
  • Communications
  • Planning Project Communications
  • Exercise: Develop a Communications Matrix

 

Developing the Work Breakdown Structure

  • Progressively Elaborating Scope
  • Relationship between Scope and Work
  • The Work Breakdown Structure (WBS)
  • Exercise: Develop a WBS
  • Scope Management Plan

 

Project Estimating

  • Project Estimating
  • Estimating Methods
  • Estimating Best Practices
  • Documenting and Validating Estimates
  • Exercise: Project Estimating

 

Developing the Initial Project Schedule

  • Project Schedules
  • Step 1: Determine Activities and Milestones
  • Step 2: Sequence the Activities and Milestones
  • Step 3: Assign Resources
  • Step 4: Estimate Effort and Duration
  • Step 5: Develop the Schedule and Identify the Critical Path
  • Step 6: Portray the Schedule
  • Exercise: Reviewing a Project Schedule
  • Schedule Management Plan

 

Developing the Project Budget

  • The Project Budget
  • Estimating Project Costs
  • Communicating the Project Budget
  • Exercise: Identifying Cost Categories
  • Cost Management Plan

 

Planning for Risk

  • Project Risk
  • Risk Management
  • Step 1: Plan for Risk
  • Step 2: Identify Risks
  • Step 3: Assess and Rank Risks
  • Step 4: Determine Appropriate Responses
  • Step 5: Update Impacted Plan Components

 

Project Baselines and Change Control

  • Project Baselines
  • Project Change
  • Change Management Plan

 

Managing the Project

  • What is Managing?
  • Obtain Status Information
  • Compare Actual Results with Baselined Plan
  • Identify Variance
  • Analyze Variance and Forecast Future Results
  • Record Actual Results
  • Are the Results Acceptable?
  • Determining Corrective Action
  • Create a Corrective Action Plan
  • Update the Project Plan
  • Communicate Project Status
  • Manage Change
  • Exercise: Determining Project Performance

 

The Importance of Closing

  • What Is Closing?
  • Lessons Learned
  • Course Conclusion
  • Exercise: Identifying Lessons Learned
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