Project Management Foundation
This course provides a step-by-step guide to planning and executing a project. Working through case studies with real-world scenarios, you will interact with fellow students to learn and apply the methodologies and good practices of formal project management.
Content
- Foundations
- Formal vs. informal project management
- Project Management Institute (PMI)® framework
- Project management life cycle
- Initiating
- Role of the project manager
- Project charter
- Stakeholder identification and assessment
- Progressive elaboration
- Planning
- Planning around project constraints
- SMART objectives
- Converting objectives into requirements
- Decomposition of requirements into a work breakdown structure
- Developing a work breakdown structure dictionary
- Principles of estimating time and cost
- Analyzing work and estimating duration of work packages
- Determining sequence of work packages
- Network diagramming and critical path analysis
- Budgeting resources and cost control
- Ensuring that all management responsibility areas are included in the project plan
- Analyzing risks for probability and impact
- Mitigating and planning risk contingencies
- Preparing baselines for scope, time, and cost
- Obtaining stakeholder sign-off
- Executing, Monitoring, and Controlling
- Team-building principles and priorities
- Status and performance reporting
- Management by exception
- Keeping stakeholders informed and involved
- Steering performance back to the baseline
- Integrated change controls
- Closing
- Transitioning the product or service
- Capturing lessons learned for the organization
- Final report to stakeholders
