PM Fundamentals > Planning and Managing Projects

Planning and Managing Projects

Course Objectives

P&MP is a fundamental level in managing projects. It demonstrates your understanding of the fundamental knowledge, terminology and processes of effective project management.

This three-day instructor-led course presents the foundation for project management, framework, tools and techniques, planning, tracking and control and project closure. Planning process is heavily explored to develop the project management plan as the foundation to execution and control. Whether you’re new to project management, changing careers, or already serving as a subject matter expert on project teams, the P& MP can get your career on the right path or take it to the next level.

Learning Outcomes
• Understand the foundations of project management
• Know that project management is made up of knowledge areas and processes
• Key activities for the different phases of a project
• Setting up the Project Management Office (PMO)
• Creating a project plan
• Develop a work breakdown structure
• The project manager and the required skills
• Develop a project schedule
• Resource management and cost management
• What is a baseline/s?
• Considering risk and quality in the plan
• Develop a performance measurement baseline
• Monitor and status reporting
• Key activities in closing a project

Target Audience

The P&MP training course is necessary for all who are involved in the project either as a project manager, team lead or key project team members.

This P&MP Training denotes that the individual possesses the knowledge in the principles and terminology of A Guide to the Project Management Body of Knowledge (PMBOK® Guide), the standard of project management’s generally recognized good practices.

Individuals who contribute specialized skills to a project team can benefit from this certification by allowing them to align their work with that of project managers. The knowledge a practitioner gains from attending the P&MP training can be applied to on-the-job experiences which help develop growing levels of competence in the practice of project management.

Methodology

This program will be conducted with interactive lectures, PowerPoint presentation, discussions and workshop

• Different knowledge delivery formats are used at different times during the Course. Mainly, these are:
• Slides Presentation – of concept set by concept set
• Q&A session – relating what has been learned to actual work items
• Workshop – at the end of each major concept set to ensure know-how transfer.

This course is workshop-oriented as project management know-how transfer is only ensured if applied and confirmed during a class session under trainer’s guidance. Project management concepts, methods and techniques are such that it must be seen to be correctly applied to a participant’s actual work scenario to ensure success. And that is our goal

Course Modules

Module 1 – Project Management Overview
• What is a Project?
• What is Project Management?
• Modern Project Management
• Application of Project Management
• Why is project management a critical issue?
• Challenge for the Project
• Skills of a Project Manager
• Who then can be a PM?
• Element of project management
• Project Management Office
• Programs and Portfolios
• Project’s Triple—Constraint
• Project Management Knowledge Areas
• Project Management Process Groups
• Module Key Messages
Module 2 – Project Initiation
• Key activities during the Initiation phase
• Establish the Project Organization-Project sponsor
• Project key stakeholders
• Types of stakeholders
• Influences on a project
• Selection of projects
• Project charter
• Project Charter Development
• Formulating good objectives
• Problems in defining project objectives
• Sources of Information
• Project Brief/Requirements
• Top 3 Key Points – Initiating Process
Module 3 – Project Planning- Defining Scope
• Planning Process
• Why Plan Projects?
• Steps for Planning
• Project Management Plan Components
• Approaches to Planning
• Benefits of having a Plan
• How do you define project scope?
• Project Scope & Product Scope
• Work Breakdown Structure (WBS)
• Advantages of the WBS
• Developing a WBS
• WBS Formats
• OBS and WBS Mapping
• OBS- Hierarchical- Type charts
• Task List Generation- Responsibility Assignment Matrix (RAM)- Type Charts
• Cross Reference between WBS and OBS to establish RAM
• Control Scope
Module 4 – Project Planning- Scheduling, Budgeting, Risk
• Activities and tasks?
• Schedule Development
• Activity Sequencing
• Scheduling Methods and Tools
• Activity Estimates
• Good estimating practices
• Analogous Estimating
• Expert Judgment Estimating
• Parametric Estimating
• Three-Point Estimate Formulas
• Schedule Risk
• Analyzing and prioritizing schedule risk using PERT
• Project Network Diagram
• Common scheduling tools
• Network diagram steps
• Ghatt chart
• Project calendar
• Milestone charts
• Displaying the schedule
• Compressing the schedule
Module 5 – Cost Estimation and Project Budget
• Project Cost Planning
• Rough Order Magnitude
• Accuracy of Estimates
• Resource, duration and cost estimation
• Cost Baseline
• What is a Project Budget?
• Types of Cost
• The Cost Plan
• Resource planning
• Resource planning tools/ techniques
• Resource Breakdown Structure (RBS)
• Resource Planning- Ghatt Chart
• Resource Loading Table
• Resource Loading Histogram
Module 6 – Project Risk
• Risk Definition
• Risk Factors
• Project Risk Management
• Risk Management Spectrum
• Risk Management Process
• Risk Identification
• How do you identify risk?
• Probability and Impact matrix
• Risk Analysis
• Risk Assessment
• Risk Response Strategies for Threats
• Risk Response Strategies for Opportunities
• Risk Management Template
• Scope Risks Register
• Expected Monetary Value (EMV)
Module 7 – Project Planning: Communication, Change, and Baselines
• Communication Management
• Communication Planning
• Identify stakeholders
• Stakeholder Analysis
• What is Project Change?
• Components of a Change Management Plan
• Change Management
• Quality Management
• Project Baselines
Module 8 – Project Execution and Control
• Performance Measurement Baseline
• Why Baseline?
• Controlling Project
• Project Monitoring & Controlling
• Identifying Variance
• Typical Project Report
• Determining Corrective Action
• Managing Scope and Quality
• Managing Cost
• Performance Measurement
• Earned Value Methodology
• Earned Value Terminology
• Performance Indicators
Module 9 – Project Closeout
• Guidelines for closing projects
• Capture lessons learnt
• Project success criteria
• Key closeout activities
• Formal Closure Obstacles