
Learn to justify projects with a business case using IRR and NPV, build a concise project charter, develop a WBS and network diagram, and master stakeholder engagement and Gantt charts.
Understand the business case for projects, detailing justification, benefits, costs, risks, and alignment with strategy; apply IRR and NPV to guide investment decisions.
compare npv and irr in excel by evaluating Atlas Copco and Ingersoll Rand compressors over ten years with a 10% discount rate, using initial costs, maintenance, and energy savings.
Clarifies what a project charter includes, from justification and objectives to milestones, budget and risk management, and stakeholder engagement, guiding project initiation and approvals.
Learn to create a project charter with AI tools and PMBoK guidance to replace a compressor with an energy efficient unit, targeting six megawatt hour savings and key milestones.
Learn to create a project charter using the PMI infinity AI tool. Model a compressor replacement project with energy efficiency goals, stakeholders, and milestones.
Use a work breakdown structure to map project activities from initialization to closeout, including requirements analysis, procurement, delivery, and installation. This approach highlights vendor negotiation and purchase order steps to avoid missed tasks.
List project activities and durations from the work breakdown structure, identify milestones, and link scope, stakeholders, and budget to procurement and planning.
Use a RACI chart to assign responsible, accountable (one person), consulted, and informed roles for each activity, clarifying duties and promoting communication across the project team.
Identify stakeholders and their influence, map roles and interests, and craft an engagement plan with regular sponsor and team updates to secure input throughout the project.
Identify a project’s strengths, weaknesses, opportunities, and threats with swot analysis, using a house-building example to guide risk assessment and early planning.
Identify and log risks using a structured risk log, assess impact and likelihood, document mitigation strategies and responsibilities, and monitor status daily for construction projects.
Apply the five risk response strategies from PMI/PMBoK—avoidance, transfer, acceptance, mitigation, and escalation. Continuously monitor risk and adapt daily, whether the project uses agile, hybrid, or traditional approaches.
Copy activities and durations from Excel into MS Project, then build a timeline with milestones, predecessors, and resources, and use pen up and pen down charts to track progress.
Set up a blank project by configuring schedule options, start date, and manual task scheduling, then name the project and copy tasks for a future Gantt chart.
Learn to summarize project tasks by grouping them into start, planning, procurement, contract, supplier coordination, installation, training, and closure, then build a shared milestone timeline for stakeholders.
Set each milestone to zero days and mark it with a diamond on the project timeline, making milestones clearly defined and highlighted.
Add predecessors in MS Project to shape your timeline and see the Gantt chart. Understand finish-to-start relationships and the role of milestones, scope, and budget in project planning.
Create a presentable timeline for a compressor replacement using the Miss project, adding tasks and milestones, adjusting dates, and color-coding for stakeholders.
Access and generate progress and milestone reports showing project status, timeline, kickoff, and milestones to sponsors and stakeholders. Review the timeline and burndown chart to communicate progress and remaining work.
Become a confident project manager by building a business case with IRR and NPV, a project charter, and a clear schedule; manage risk, stakeholders, and communications with Microsoft Project.
Requirements:
Intermediate experience is necessary as well as some Industry Experience
Access to Microsoft Office (Word, PowerPoint, Excel) and MS Projects is required to download and practice with supplemental course materials.
Description: Project management is a dynamic profession that allows you to navigate new businesses, processes, systems, and people with each project. This ever-changing environment fosters continuous learning and skill advancement, often beyond what traditional jobs offer.
Our program is designed to empower individuals to build project management knowledge and skills, enhancing their confidence in managing projects effectively. This course outlines a shortened 7-step process to ensure your projects succeed—whether you're leading a large organization, advancing your career, or managing personal projects.
Course Highlights:
Complete a project case study to understand project management from initiation to completion.
Grasp fundamental project management theories, apply best practices, and avoid common pitfalls.
Utilize essential tools like Gantt charts, Critical Path Method, and receive project management templates.
Develop the essential skills needed to be an outstanding Engineer/Project manager.
Create vital project management documents using MS Projects
Why Choose This Course?
Expert Instruction: Led by Collen Ntsoane an Engineer with MBA and Project Management Professional Certified
Accessible Learning: Ideal for experienced professionals seeking to refresh their knowledge, this course covers all essential concepts and tools.
Unique Features:
High-definition video production with engaging content.
Comprehensive training covering 7 major project management skills.
Industry Case Study
Why Develop Project Management Skills?
Gain valuable technical skills that can lead to promotions and higher salaries.
Experience variety and growth through daily challenges.
With Udemy's 30-day money-back guarantee, you risk nothing. Make a pivotal decision for your career by clicking the 'Buy now' button today!