
Engage with interactive questions to prepare for the PMP exam, focusing on the 47 processes and the project management body of knowledge, and practice solving questions about inputs and outputs.
Learn elimination techniques to choose the best answer from four options, tackle easy, medium, and hard questions, and apply professional responsibility and ethics across project management processes.
Learn professional responsibility in project management by upholding ethics, honesty, and laws, handling bribes and conflicts of interest, reporting to the BMI ethics review committee, and promoting open, respectful conduct.
Explore common inputs and outputs across the 47 project management processes, including enterprise environmental factors and organizational processes, using expert judgment and meetings to update the project management plan.
Develop a formal project management plan, the output that guides the product execution and control, integrating 15 components such as scope management, configuration management, risk management, and procurement management.
Learn how to monitor and control project work to keep deliverables aligned with the plan, assess plan versus actual variance, and manage change requests through validated changes and performance reports.
Learn to plan scope management, define requirements, and control scope creep within the project management plan by building a school management plan and a requirements management plan, incorporating change control.
Collect and document stakeholder requirements early in a project using smart criteria, traceability, and interviews, focus groups, and workshops.
Explore group decision making techniques such as unanimity, majority, and dictatorship, and apply group creativity methods like mind maps and the Delphi technique to collect project requirements effectively.
Learn to define scope through refining requirements into a detailed project scope statement, clarifying in-scope versus out-of-scope work, and using progressive elaboration.
Learn to build a work breakdown structure that decomposes deliverables into components, achieving 100 percent scope, with inputs like the project plan and requirements and outputs like baseline and dictionary.
Validate scope verifies deliverables meet customer requirements through inspection and acceptance, with inputs from project management plan and requirement documentation, and outputs include change requests and accepted or rejected deliverables.
Convert the work breakdown structure into scheduling activities and sequence them. Estimate resources and durations, build the project schedule, and control changes across the seven time management processes.
Plan the project schedule by creating the schedule management plan within the project management plan. Define activities and milestones and outline scheduling contingencies using inputs like the project charter.
Define the activity list by decomposing work into scheduling activities, sequence and estimate them, and establish milestones to guide the project website using Microsoft Project.
Explore how to estimate activity resources by defining activities, sequencing them, and determining labor, materials, and equipment needs, using expert judgment, bottom-up, and published data.
Learn to estimate activity durations by defining and sequencing activities, assessing resources and calendars, and applying analogous, parametric (barometric), and three-point estimates with group and expert judgment.
Master the control schedule by monitoring performance data, managing change requests, and following the schedule management plan and change management plan to keep the project on track.
Learn to calculate project float (slack) using forward and backward passes, deriving early start, early finish, late start, and late finish to identify the critical path.
Learn to calculate project float using early start, duration, early finish, late start, late finish with the network diagram and free float concepts, emphasizing the critical path.
Master cost management by turning the work breakdown structure into activities, estimating costs, building a bottom-up budget, and applying a time-based spending plan to forecast cash flow and control costs.
Learn to estimate a project's cost in the planning process by evaluating materials, human resources, and equipment, and translate rough order of magnitude estimates into definitive estimates aligned with baselines.
Explore earned value management basics, including BAC, PV, EV, and AC, and learn how to apply formulas to determine project performance.
Plan, implement, and validate quality management to meet customer requirements by improving processes and inspecting deliverables, using PDCA, total quality management, kaizen, and ISO 9000.
Learn how quality control checks inspect deliverables against standards, using inspection, statistical sampling, and control charts to validate acceptances and distinguish quality control from quality assurance.
Learn to perform quality control checks using control charts, Pareto analysis, scatter diagrams, Ishikawa fishbone diagrams, flowcharts, and check sheets to monitor performance and drive validated changes.
Explore the quality management knowledge area across planning, executing, and monitoring and control, including plan quality management, quality assurance, and quality control, with related outputs and tools.
Acquiring a project team converts defined roles into names, staffs the project with the right resources, and uses assignments, negotiation, and multi-criteria decision analysis to fill roles.
Explore Maslow's hierarchy of needs as a foundation for team motivation, compare McGregor's theory X and Y, and apply Herzberg's motivation-hygiene factors to develop project teams.
Apply contingency theory to project management to match leadership style with the situation. Explore motivation through achievable rewards, McClelland's three needs, and power types, plus team performance assessment.
Learn how to manage project teams by comparing plan to actual performance and using conflict management and leadership concepts with inputs like staff assignments and HR plans.
This lecture covers human resource management knowledge area, highlighting planning and execution with processes: plan hr management, acquire team, develop team, and manage team, with outputs including hr plan.
Plan communication management, manage communications, and control communications to plan, collect, distribute, and monitor product information for stakeholders with accurate, timely updates.
Plan effective communication by creating the communication management plan, identifying stakeholders, and detailing report formats, frequencies, and channels for clear, timely project updates.
Learn how to execute the communications management process: collect and distribute product information per the plan, handle stakeholder requests, and use information management systems with performance reporting.
Review the planning, executing, and monitoring and controlling process groups in communication management, detailing plan communications management, manage communications, and control communications, with the communication management plan as an output.
Introduce the project risk management knowledge area by outlining six processes from planning and identifying risks to quantitative analysis, monitoring triggers, and defining planned risk responses and responsibilities.
Create the product risk management plan as the primary output of planning risk management, outlining risk tolerance, inputs, tools, and stakeholder communications for early project planning.
Identify risks and build a risk register through stakeholder interviews and document reviews. Apply tools such as brainstorming, root cause analysis, inference diagrams, and SWOT to capture risks and responses.
Review risk management process groups in this quick revision, detailing planning, identifying risks, performing qualitative and quantitative analysis, planning risk responses, and tracking outputs like the risk register.
Why Project Managers are required ?
In an ever changing Business world, with so many changes coming to the organizations in form of new Projects for updating the older systems, or creating new setups, it is imperative for the Organizations to have really good Project Managers who are capable of handling all the chaos.
Project Management is a key to an organization's success for the very reason that every Project involves the cost element around , it needs resources , time , dollars and the expected returns attached to it. It at all any project fails because of the incompetency of the Manager, it is a setback not only to the concerned organization but also a setback to the image of the Project Manager.
In order to execute any project successfully, it is imperative that the responsible Project Manager is able to determine the exact schedule of his projects and the resources allocated to the project. If the methodology of the execution of project is not effective then can be a huge failure for the organization because costs would shoot up, the resources might be allocated to some other task and obviously time would be over-shot.
Role of a Project Manager
Now that we understand the criticality of a Project Manager, let us understand what exactly does a Project Manager do.
A Project Manager is responsible for collecting all the requirements for the project. These requirements are together clubbed to be called as scope of the project or if we rephrase this statement, we can say " Scope is what a Project Manager is supposed to deliver at the end". But this deliverable has to be created within several constraints of Money, Time, Schedule and Resources which are obviously always scarce in terms of availability or are fixed. Also, the deliverable needs to meet the Quality standard as expected by the Stakeholder. Together, with all the constraints , it really needs an awareness from a Project Manager's perspective how to successfully execute the complete project and deliver.
Additionally, knowing the aspects of Project Management will also help follow the time frames more accurately, preventing the projects from exceeding the time lines.
What this course has to offer
This course is going to introduce you to the real world of Project Management and will talk about all the critical aspects of an effective Project Management process. This course is designed along the lines of PMP exam and will also serve as a crash learning course so that you can tomorrow appear for PMP exam.
Make sure that after you enrol into this course, you download the reference book used in the discussions, from the Resources section. The link to the reference resource has been placed in the resources tab (the 2nd lecture).