Looking for a way to stay ahead of the pack in today’s competitive and chaotic global economy, companies are turning to project management to consistently deliver business results.
Disciplined project management starts at the portfolio level, where the strategic vision drives initial investments and where value measures are established. A fully aligned project, program, and portfolio management strategy encompasses the entire organization, dictating project execution at every level and aiming to deliver value at each step along the way.
Project management is, in fact, shorthand for project, program, and portfolio management. And more companies are clearly seeing the payoff from investing time, money and resources to build organizational project management expertise: lower costs, greater efficiencies, improved customer and stakeholder satisfaction, and greater competitive advantage.
Project Management Overview
This module details how time, manufacturing, world events and education helped shape today’s processes of project management. Furthermore, you will see how the practice of project management contributes to the development of products, goods, and services.
Managing Projects within Organizations
In Managing Projects within Organizations video training, you’ll see how the concepts of project management have been applied throughout history — from the building of the pyramids of Egypt and the moon landing to the smaller-scale projects handled by businesses every day.
Project Management Process Groups
Project management has helped deliver some of mankind’s biggest achievements. And while project management permits effective delivery of products and services, there are plenty of examples where projects have missed their mark and delivered less than stellar results. The reason for this is process.
Execution Monitoring and Controlling
In this Execution, Monitoring and Controlling course, students will learn about two significant processes that are part of the Project Management Institute’s Project Management Body of Knowledge (PMBOK®): the Direct and Manage Project Execution and the Monitor and Control Project work processes.
Project Change Control and Closure
Project managers and project team members develop subject matter expertise as a result of project development. This expertise, in turn, helps to drive necessary changes in project activities. One activity a seasoned project manager always plans for is change.
Initiation Basics, Developing Project Charter & Management Plan
A project consists of many different tasks and phases that must be integrated and managed to successfully complete the project. Keeping track of all activities that must be accomplished is no small undertaking; a well-planned and professionally integrated project pulls all of these activities together, enabling all participants to progress through their tasks and meet milestones.
Collecting Requirements and Defining Scope
One of the more important tasks that a project manager performs during the management of a project is identifying the project’s requirements. Determining what is required of a project is necessary to identify work that has to be performed, and to establish metrics that are used to evaluate whether the work is acceptable and successful.
Monitor and Control Project Scope
A critical factor in the success of a project is the project manager’s ability to monitor and control the scope of the project. During the implementation of processes within the Planning Process Group, a great amount of effort and planning goes into the collection of project requirements, the creation of a work breakdown structure, and the definition of the project’s scope.
Defining and Sequencing Project Activities
Time management is a knowledge area that takes into consideration project constraints that pertain to time. It incorporates all the processes that are required to ensure the effective and timely completion of projects.
Estimating Activity Resources and Durations
One of the more compelling issues that a project manager needs to deal with is a constant reminder to do more with less. Over time, the luxury of having resources in place without conflicts due to other project activities diminishes substantially.
Developing and Controlling the Project Schedule
Developing the schedule of a project is the product of analyzing activities like sequence, duration, resource requirements, and project constraints. Scheduling tools typically assimilate data in regard to the analysis provided to promote a project schedule. Activities, such as plan start and completion dates, milestones and dependencies are among the outputs provided by scheduling tools. The project schedule can then become the project’s baseline for tracking purposes.
Controlling Costs course shows how the project manager assumes full responsibility for cost oversight and delivery of the project within budgetary constraints.
Estimating & Budgeting Project Costs
Project Cost Management is perhaps the most comprehensive knowledge area in regard to determining the scope of a project, how it will be funded, and the steps that will be taken to ensure that funds appropriated for the project are managed and used correctly.
Project Quality Planning
Project Quality Management is about the managing of quality for the project. This knowledge area incorporates many of the best practices and approaches of the larger quality management discipline; but only to the extent to which it supports the project.
Quality Assurance & Cost Control
A good project manager should apply processes, best practices, and tools to ensure that all aspects of development incorporate quality standards as a project’s product is being produced.
Managing Projects for Human Resources
The strength of a project is based on the resources acquired. The Planning Process Group allows project managers to determine resource requirements for each activity within the project and ensuring that the delivery of raw materials along with the people to develop those raw materials is sequenced according to project schedule timelines.
Planning Projects for Human Resources
As a project manager, you will take on a variety of activities that will ensure the successful completion of a project. Among the most important activities that you will undertake is the management of resources that you will need to accomplish the tasks within the project plan.
Processes for Managing Project Communications
Project communications encompass a variety of deliverables such as project updates, project dashboards, performance metrics, status reports, schedule updates and details pertaining to the project budget or any of its constraints.
Stakeholders and Communication Management Plan
One of the most important skills a project manager needs to acquire and hone is the skill of being an effective communicator. Through experience and time on the job, a project manager will acquire a substantial degree of expertise and capabilities. Those skills will contribute to marketable competencies that prospective clients will require and are willing to pay a premium for.
Identifying Project Risks
In LearnSmart’s Identifying Project Risks course, you will learn about the Identify Risk process as outlined in PMBOK®. The Cost Management Plan will be used to identify risk in regard to the cost constraints, or budget, of a project. The Schedule Management Plan will be used to identify risks associated with project development, especially predecessors and successors, and how risk can impact their ability to meet a project’s critical path. The Quality Management Plan will be used to help determine the risks associated with integrating quality within work packages, or at the activity level. The Human Resource Plan helps detail risks associated with resource availability and their aptitude in regard to project deliverables.
Performing Risk Analysis
All projects experience some degree of risk throughout the project lifecycle. Risk can be negative, in the form of a threat to a project; or, it can be a positive, in the form of an opportunity.
Risk Management Planning
Through the Risk Management Planning course, you will gain a working knowledge of the Project Risk Management knowledge area and the six processes that are aligned within the Project Planning and Project Monitoring and Control process groups.
Risk Response Monitor & Control
By quantifying and analyzing risks at the activity level, the project team has the ability to prioritize risks and optimize plan of action so that resource and budget constraints are taken into consideration. This helps maintain equilibrium within the project and helps deliver its products on time and within budget.
Managing Procurement During Your Project
This course covers the process inputs relevant to managing procurements, conducting procurements, controlling procurement activities and closing procurement work within a project. It also covers techniques for selecting sellers that will participate in project activities.
Planning Procurement for Your Project
As a project manager, your role will be to facilitate, or you might even say orchestrate, all activities that pertain to developing the product of a project. In doing so, you’ll be gathering information, communicating with stakeholders and developing plans that the project team will use throughout the project lifecycle.
Stakeholder Identification and Planning
Though projects are temporary endeavors undertaken to create a unique product, service, or result, the undertaking of a project affects many things. The results of the project are to make a change; that’s the objective of the project. Many people, groups, and entities hold some sort of stake in that change. Those that hold a stake in a project and the project’s outcome are deemed “Project Stakeholders” and must be managed within the project management of a project.
Project Stakeholder Engagement and Communication
Focus on the processes managing Stakeholder Engagement and Control Stakeholder Engagement. You will nd discussions on the purpose of those processes, their inputs, outputs, tools and techniques. You will sort through how to maintain the most effectual engagement of the needs and expectations of stakeholders, manage times when needs and expectations are not being met, and handle change or requesting changes when improvements or adjustments are recommended. Whoever the stakeholders are in your project, they must be managed and managed properly.
Since 1997 LearnSmart has provided IT & Security, Agile & Project Management, HR & Safety, and Business Skills training that helps ordinary people become extraordinary professionals. We use industry experts to give learners the most up-to-date content in a video format as well as training resources including; reference tools, pretests, study guides and labs. LearnSmart is able to meet diverse career and learning needs through its extensive selection of training.