Project Management 101 - The Fundamentals of Project Management
The Triple Constraint or Project Management Triangle shows how scope, time and cost all affect project quality. Gaining an understanding of this relationship will help you improve project quality, increase the likelihood of project success, and help you deliver more projects on-time and within budget.
This course will give you a fundamental understanding of how to manage a project with proven concepts, tools, templates and best practices. Starting from the beginning, you will first learn to properly define a project, and then move into understanding the different project methodologies, including Waterfall, Agile and Iterative project management. Designed for both people new to the project management role, as well as seasoned PMs, hands-on group exercises will encourage collaboration between these different experience levels furthering the learning experience through peer collaboration.
Duration
2 days/16 hours of instructionEducation Credits
14 PDUsPublic Classroom Pricing
$1195(USD)
GSA Price: $1085
Group Rate: $1095
Private Group Pricing
Have a group of 5 or more students? Request special pricing for private group training today.
Part 1: What is Project Management?
- What is a Project?
- The Process Groups
- The Project Management Life Cycle
- The Triple Constraints Triangle
- Project Manager Skills
- The Project Life Cycle
- Different Project Methodologies
- Waterfall
- Agile
- Iterative
Part 2: Starting the Project
- Elements of a Project Charter
- Sharing a Common Vision
- Requirements Gathering
- The Three Levels of Project Requirements
- Sources of Requirements
Practice Exercise 1: Identify High Level Requirements
Part 3: Communications Management
- Stakeholder Analysis
- Power/Interest Grid
Practice Exercise 2: Stakeholder Analysis
Part 4: Planning the Work
- Develop the Project Management Plan
- Subsidiary Management Plans
- Scope Baseline
- Schedule Baseline
- Cost Baseline
- Collect Requirements
- Project Scope Statement
- Decomposition
- Work Breakdown Structure
Practice Exercise 3: Create a Work Breakdown Structure (WBS)
Part 5: Define Activities
- Decomposition or Work Packages
- Decomposition of Tasks
Practice Exercise 4: Decompose Work Packages to Activities
Part 6: Dependencies
- Project Schedule Network Diagram (Dependency Network)
- Precedence Diagramming Method (PDM)
- Dependency Determination
Practice Exercise 5: Develop a Dependency Network
Part 7: Estimating
- Estimating Activity Resources
- Estimating Activity
- Analogous Estimating
- Parametric Estimating
- Compensation
- Work-Related Inefficiencies
- Non-Work-Related Inefficiencies
- Three-Point Estimates
- Develop Schedule
- Definitions of Critical Path
- Critical Path Method
- Schedule Compression
Practice Exercise 6: Analogous/Parametric Estimating with Compensation
Practice Exercise 7: Crashing
Part 8: Project Schedule & Subsidiary Management Plans
- Network Diagram
- Bar Chart
- Milestone Chart
- Important Subsidiary Management Plans
- Human Resource Management Plan
- Organizational Charts
- Position Descriptions
- Matrix-Based Responsibility Chart
- Roles and Responsibilities
- Communications Management Plan
- Communication Models
Practice Exercise 8: Active Listening
Part 9: Risk
- Risk Management Plan
- Risk Planning
- Perform Qualitative Risk Analysis
- Risk Probability and Impact Assessment
- Probability & Impact Matrix
Practice Exercise 9: Qualitative Risk Analysis
Part 10: Expected Monetary Value
Practice Exercise 10: Calculate EMV for a Group of Activities
Part 11: Strategies, Calculations & Forecasting
- Strategies for Negative Risk or Threats
- Control Costs
- Earned Value Management
- Planned Value
- Actual Cost
- Cost & Schedule Performance Index
- Forecasting
- Estimates at Completion (EAC)
- To-Complete Performance Index
Practice Exercise 11: Perform Earned Value Calculations
Part 12: Closing the Project
- Lessons Learned
- Project Sign-off
- Final Product/Service Transfer