Project Management

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Essentials of Project Management

COURSE DESCRIPTION:

Using actual, company projects as the learning tool, participants learn the fundamental concepts, tools, and techniques of managing projects profitably. Most importantly, participants plan their systems, operation, or product development initiative in class allowing them to immediately apply the concepts learned.

Specifically, the participants establish their project’s scope, create their plan, and identify the project’s critical path. The kick-off also has participants estimate resource needs, schedule tasks, simulate project execution and decision-making, track project progress, and conduct a post-project review on their actual projects.

COURSE OBJECTIVES:

On completion of this course, participants are able to:

  • Defined and planned a new project
  • Conducted a project cost-benefit analysis
  • Identified and created a Work Breakdown Structure
  • Created a task network diagram
  • Estimated task start and finish dates
  • Identified and modified a project critical path
  • Estimated and assigned resource needs
  • Monitored project progress
  • Expedited a project schedule
  • Performed a post-project review

COURSE OUTLINE  

Introduction to Project Management
  • Project and project management terminology
  • Reviewing project processes
  • Project Management Body of Knowledge
  • The project manager’s role in the project
  • The project team’s role in the project
  • Lifecycles of a project
  • Generating team and sponsor buy-in

Project Initiation

  • Developing the scope statement
  • Defining project deliverables
  • Conducting a feasibility study
  • Implementing a task control process
  • Crafting the project charter

Project Planning

  • Identifying deliverable milestones
  • Generating project tasks
  • Creating a WBS and Level 3 estimation
  • Developing the project budget
  • Sequencing tasks with the network diagram
  • Calculating project critical path
  • Determining task start and finish
  • Identifying task float and slack
  • Assigning task responsibility
  • Allocating resources to the critical path
  • Developing a risk management plan

Project Execution

  • Ensuring quality assurance
  • Managing issues and changes
  • Developing team member skills
  • Managing performance
  • Communicating results
  • Conducting team meetings
  • Managing multiple projects
  • Managing stakeholder commitment
  • Challenges all project teams face

Project Control

  • Tracking and managing the project plan
  • Identifying and managing issues
  • Collecting time and cost data
  • Creating activity/project variance reports
  • Taking corrective actions and implementing project scope changes

Project Close Phase

  • Performing the post-project review
  • Conducting a lessons learned
  • Preparing close-out reports
  • Building team skills for future projects
 

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