Project Management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
In other words, Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
A project is a unique, transient endeavor, undertaken to achieve planned objectives, which could be defined in terms of outputs, outcomes or benefits. A project is usually deemed to be a success if it achieves the objectives according to their acceptance criteria, within an agreed timescale and budget. Time, cost and quality are the building blocks of every project.
Time: scheduling is a collection of techniques used to develop and present schedules that show when work will be performed.
Cost: how are necessary funds acquired and finances managed?
Quality: how will fitness for purpose of the deliverables and management processes be assured?
Project management processes are broadly classified into five groups:
Monitoring and Controlling
Project management knowledge draws on ten areas:
Uplatz provides this deep-dive course on Project Management Fundamentals. This project management training provides you with the fundamental knowledge and skills to successfully lead a project from beginning to end. Learn to leverage key project management concepts, implement effective project management processes, and develop leadership skills needed for successfully planning, managing, and delivering projects of any size and scope.
Lead a project from beginning to end
Setup a project for success
Turn a project objective into action steps
Prepare a project plan
Create a project schedule
Identify and manage risk
Motivate and lead your project team
Execute the plan and keep it on track
Deliver and transition the project solution(s)
Close out the project and capture lessons learned
Project Management Fundamentals course curriculum
2. Foundation Elements
The Importance of Project Management
Relationship of Project, Program, Portfolio Management
Components of the PMBOK Guide
Project Management Business Documents
3. Environments in which Projects Operate
Environments in which Projects Operate
Enterprise Environmental Factors
Organisational Process Assets
4. The Role of a Project Manager
5. Project Integration Management
Project Integration Management
Develop Project Charter
Develop Project Management Plan
Direct and Manage Project Work
Manage Project Knowledge
Monitor and Control Project Work
Perform Integrated Change Control
Close Project or Phase
6. Project Scope Management
Project Scope Management
Plan Scope Management
7. Project Schedule Management
8. Project Cost Management
Project Cost Management
Plan Cost Management
9. Project Quality Management
10. Project Resource Management
11. Project Communication Management
12. Project Risk Management
13. Project Procurement Management
14. Project Stakeholder Management
Project Stakeholder Engagement Management
Plan Stakeholder Engagements
Manage Stakeholder Engagement
Monitor Stakeholder Engagement
15. Ethical and Professional Conduct
Prepare for Project Management Professional (PMP) Certification
This PMP Fundamentals course by Uplatz is your first step towards understanding the basics of Project Management and proceed on the PMP Certification journey.
The Project Management Professional (PMP) certification is an internationally-recognized project management qualification, developed by the PMI. Many global organisations choose the PMI as a means to achieve a worldwide project management standard – with individuals accredited to a qualification recognized in most countries. Having a PMP certification, demonstrates breadth of knowledge and can increase your earning potential.
The PMP certification can improve your chances of getting a job, increase your earning potential and increase your networking and job opportunities.
Why do we use Project Management?
Project management is aimed at producing an end product that will effect some change for the benefit of the organisation that instigated the project. It is the initiation, planning and control of a range of tasks required to deliver this end product. Projects that require formal management are those that:
produce something new or altered, tangible or intangible
have a finite timespan - a definite start and end
are likely to be complex in terms of work or groups involved
require the management of change
require the management of risks
Benefits of Project Management include:
providing a greater likelihood of achieving the desired result
ensuring efficient and best value use of resources
satisfying the differing needs of the project’s stakeholders
When do we use Project Management?
Projects are separate from business-as-usual activities and occur when an organisation wants to deliver a solution to set requirements within an agreed budget and timeframe. Projects require a team of people to come together temporarily to focus on specific project objectives. As a result, effective teamwork is central to successful projects.
Projects require a team of people to come together temporarily to focus on specific project objectives. As a result, effective teamwork is central to successful projects. Project management is concerned with managing discrete packages of work to achieve specific objectives. The way the work is managed depends upon a wide variety of factors.
The scale, significance and complexity of the work are obvious factors: relocating a small office and organising the Olympics share many basic principles, but offer very different managerial challenges. Objectives may be expressed in terms of:
Who uses Project Management?
Project Management is used across all industries, sectors, and organizations. From project team members who use basic project management in their daily tasks, to Project Managers who apply a more formal and systematic governance and end-to-end management of projects, to Directors, CEOs, and the leadership apply project management to effectively and efficiently execute projects to achieve business goals.