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Project Management Fundamentals (PMF)

Course Objectives

Upon completion of this course, you will be able to:

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

Creating a project plan
Develop a work breakdown structure
The project manager and the required skills
Project leadership skills
Effective project governance
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

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Target Audience

The PMF training course is necessary for all who are involved in the project either as a project manager, team lead or key project team members. The knowledge a practitioner gains from attending the PMF 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
How to write project objectives statement

Module 2: Project Initiation/Startup

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
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

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 Judgement Estimating
Parametric Estimating
Three-Point Estimating 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- Ghatt Chart

Module 6: Project Risk

Risk Definition
Risk Factor
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

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
CONFIGURATION 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
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

Get To Know The Trainer

Trainer David

4.5

David has more than 15 years of practical working and training experience in project management for diverse industries.He regularly conducts training on Managing Projects, Managing IT Projects, Scheduling and Cost Control and Project Management. He also designs training programs to improve project manager’s skill and competency levels leading up to certification base on their respective industry compliance.

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