Project Management Success: Learn by Managing 5 Projects
- 3 hours on-demand video
- 5 articles
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
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- Earn 35 PMI PDUs (Contact Hours), requirement of PMI to enroll in the PMP exam
Develop a project plan that covers project definition, scope, schedule, resources, risk, quality and budget
Use project management tools and techniques to deliver and manage successful projects that satisfy stakeholders needs and expectations
- Implement risk management techniques and mitigation strategies
- Analyze project information and reports to monitor and control a project in a stochastic environment and run it to successful completion
- Consider different alternatives for implementing a project including the trade-offs between time, cost and quality while considering different consequences
- SandboxModel is proud to be a Global Chartered Registered Education Provider (R.E.P.) with the Project Management Institute (PMI)®.
- The practical part is performed with the PTB project management simulator. The simulation takes place 100% online. An email will be sent after purchase with the access details. The access will expire after 60 days.
- To use the PTB a Windows XP or later Microsoft updated operating system is required.
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.
Project Management Overview
Scheduling and Time Management
Budgeting and Cost Management
Project Monitor and Control
Lean Project Management and Lean Enablers
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.
*The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.
- This course benefits anyone who wants to learn how to manage resources, cost, time scope and reduce risks in any project.
- Professionals aiming to get CAPM, PMP or other PMI certification.
- The course level is intermediate to advanced.
- It is designed for those wishing to further develop their project management capabilities and knowledge.
An introduction to project management. Including:
- An overview of project management concepts
- Definition of a project and of project management
- The main project management areas of knowledge
- Why is project management important
- How is project success measured
- The project life cycle
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.
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.
Project Time Management includes the processes required to manage the timely completion of the project. The lecture covers:
- Definition of project time management
- Scheduling information
- Activity On Node (AON) network model
- The Gantt chart
- The Critical Path, Criticality Index and the Critical Path Method
- Scheduling Under Uncertainty
- Monte Carlo simulation
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:
- Types of resources
- Resources and scheduling
- Resource Usage Profile
- Solving resource utilization and resource constraints problems
- Activity mode and activity duration - activity crashing
- The baseline schedule
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:
- Types of costs
- Expenses and income
- Cash flow
- The detailed budget
- Minimizing total project 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:
- The need for project control
- Design of the control system
- The tracking Gantt
- Taking corrective actions
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 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:
- Introduction to Lean Project Management
- Benefit, value and waste
- Voice of the customer (VOC)
- Value analysis in PTB
- The Efficient Frontier
- Using the Lean Indicators to find the Efficient Frontier