This practical course will improve your project management skills. You'll learn how the "hands on" approach can make you a better project manager. Learning by doing improves the learning process. It's also more engaging and fun. SandboxModel is a PMI Global REP.
Learn and practice the most important project management skills in this comprehensive experiential course.
Content and Overview
Ever wonder how successful project managers constantly achieve great results?
They are experienced in the tools and techniques of project management.
Einstein said that “the only source of knowledge is experience."
The course includes ten units. Each unit covers a different project management area of knowledge and includes three parts: theory, walkthrough and a quiz/exercise. The exercises are done with the award winning PTB simulator, developed at the Technion Institute of Technology. In this part you will simulate managing a project in the simulator while applying the theory.
You will gain practical experience and learn how to complete successful projects. At the end of the course you will be able to use project management tools and techniques to deliver and manage projects that accomplish the goals and satisfy stakeholders.
An introduction to project management. Including:
This walkthrough demonstrates the different areas of knowledge with the PTB simulator.
It uses a basic new product development project. The project or problem space has already been defined. The goal is to create a plan for the project. Once the plan is prepared the simulation time is advanced. We can see how the project is executed and how the decisions we make affect project outcome. Once the simulation is completed we can see our final score indicating our due date and cost performances.
The lecture covers the theory of scope management:
This lecture demonstrates Scope Management, in practice, with the PTB simulator.
Each project has different system requirements. When we select how we’re going to perform our project, the quality is affected.
When making changes to our project we have to check what the consequences and the impact on the system requirements are, as well as the consequences on the project duration and cost.
This unit explains human resource management, organizational structure and its effect on projects, morale and communication skills.
HR Management in practice with the PTB Simulator
Project Time Management includes the processes required to manage the timely completion of the project. The lecture covers:
This lecture demonstrates Project Scheduling with the PTB simulator. The topics discussed in the previous lecture are illustrated.
This unit we discusses project resource management, focusing on the effect of resources on the project schedule. It classifies the types of resources used and the resulting problems the project manager faces when dealing with different types of resources. Two problems are considered: the resource utilization problem and the problem of delays caused by scarce resources. Mode, or alternative selection has a major impact on resources and on activity duration. Using more resources to reduce duration is known as activity crashing. Finally, the concept of baseline schedule is discussed - a feasible schedule selected by the stakeholders as the plan for the project execution. The important topics are:
This walkthrough demonstrates resource management in practice with the PTB simulator. It goes over the different aspects previously discussed and demonstrate them.
This Unit focuses on project cost management. We will discuss project costs and income. We will classify the types of costs that are typical in a project environment. We will focus on cash flow management and cash flow considerations in project planning monitoring and control and their impact on scheduling and mode selection. We will see how the information in the detailed project budget should be used to support better project planning and trade off analysis. Finally we will discuss the integration of different cost components in an effort to minimize the total project cost and to maximize its profit. The main topics covered are:
In this walkthrough we will see cost management in practice with the PTB.
A project that deals with building an electrical transformation plant is used. It focuses on budget and cost.
In this unit we focus on the management of project progress during its execution. We discuss the need to process new information as it becomes available during project execution. Additionally, we see how corrective actions can be taken during project execution based on the information provided by the control system.
The topics covered are:
This unit focuses on Project Risk Management. We discuss and define risks in projects, present the tools and techniques commonly used to identify, analyze and manage risk before during and after the project.
It is important to start the risk management process early on as part of project planning and to consider alternative mitigation options including risk acceptance.
This walkthrough demonstrates the project risk management techniques discussed in the previous lecture.
This unit focuses on Lean Project Management. Lean Project Management focuses on maximizing value to the customer and other stakeholders while minimizing project waste. We explain the concepts of value and waste, and show how to translate the voice of the customer to measurable benefits, or value, as well as how to analyze the value of alternative project plans to find the efficient frontier of project solutions. The Lean Indicators screen in PTB is used to minimize waste and to find the efficient frontier of project plans and thus to achieve the goals of Lean Project Management. The main areas covered are:
This walkthrough shows the Lean project management aspects in practice with the PTB. It shows how to view the lean report where you can see the project waste and value and how to find the efficient project plans.
Our goal is to create a world where projects have a high success rate. We do this by providing advanced project management tools and training. SandboxModel is a PMI Registered Education Provider.
Simulation allows students to learn project management by actually doing rather than by just listening. Making good decisions requires experience. By practicing in a safe, controlled environment, students and trainees gain hands-on project management experience.
The PTB™ simulator allows for managing real world case studies. Users make decisions and see how they affect project outcome by advancing the simulation time.
Integrating theory with an interactive, practical, game-like computer simulation leads to lasting benefits. It's a fun, engaging and energetic way to improve learning.