Course Code: 19021

Project Management Fundamentals

Class Dates:
1/13/2025
12/9/2024
3/10/2025
Length:
3 Days
Cost:
$2275.00
Class Time:
Technology:
Business
Delivery:
Instructor-Led Training, Virtual Instructor-Led Training

Overview

  • Course Overview
  • Learn the fundamentals and best practices of project management through hands-on, real-world exercises. Ensure that you are delivering business value by assessing a projects business case, identifying stakeholders and their relationship to your project, capturing product requirements, and establishing quality metrics to guide the development of your product and reassess the business case. Define product scope to provide clarity for project delivery and create a work breakdown structure to define project scope for the team.
  • Audience
  • Anyone who is involved in, or affected by, projects or change management within an organization, including project managers, IT project managers, project coordinators, team leaders, product managers, program managers, project team members, subject matter experts, analysts, stakeholders, and senior managers who want to get more out of their project teams
    Anyone in a leadership role who will benefit from an introduction to the art and science of project management
    You should not take this course if you have taken IT Project Management or Applied Project Management. The subjects covered are the same.

Prerequisites

  • Skills Gained: Articulate the relevance of core project management competences. Identify key project goals and assumptions and set the stage for value delivery. Understand how to identify stakeholders and assess how to engage with them during the project. Meet stakeholder informational needs by creating an actionable communication plan. Articulate product scope as part of the charter. Become familiar with the process of eliciting and capturing requirements. Create the WBS and dictionary that would deliver the scope in the project charter. Perform a more detailed and systematic assessment of risk. Articulate guiding quality characteristics for the project. Sequence activities, create schedule, and estimate the cost of the project. Manage change in projects. Track value delivery in projects. Understand the basics of a project retrospective.

Course Disclaimer

*Course Cost listed does not include the cost of courseware or exam. Course is subject to a minimum enrollment to run. Course may run virtually as a Virtual Instructor-Led (VILT) class if the minimum enrollment is not met. If the course is under the minimum enrollment the course may run as 2 day class (Bootcamp Style). For more information, please contact learn@vtec.org or call 207-775-0244.

Course Details

  • Foundations
  • Formal vs. informal project management
  • Project Management Institute (PMI) framework
  • Project management life cycle
  • Initiating
  • Role of the project manager
  • Project charter
  • Stakeholder identification and assessment
  • Progressive elaboration
  • Planning
  • Planning around project constraints
  • SMART objectives
  • Converting objectives into requirements
  • Decomposition of requirements into a work breakdown structure
  • Developing a work breakdown structure dictionary
  • Principles of estimating time and cost
  • Analyzing work and estimating duration of work packages
  • Determining sequence of work packages
  • Network diagramming and critical path analysis
  • Budgeting resources and cost control
  • Ensuring that all management responsibility areas are included in the project plan
  • Analyzing risks for probability and impact
  • .
  • Mitigating and planning risk contingencies
  • Preparing baselines for scope, time, and cost
  • Obtaining stakeholder sign-off
  • Executing, Monitoring, and Controlling
  • Team-building principles and priorities
  • Status and performance reporting
  • Management by exception
  • Keeping stakeholders informed and involved
  • Steering performance back to the baseline
  • Integrated change controls
  • Closing
  • Transitioning the product or service
  • Capturing lessons learned for the organization
  • Final report to stakeholders
  • Exercises
  • Formal vs. Informal Project Management
  • Analyze Stakeholders
  • Convert Vague Objectives into SMART Objectives
  • Create a Work Breakdown Structure
  • Estimate Effort and Duration for Work Packages
  • Perform Network Diagramming and Determine Critical Path
  • Estimate Resource Costs for Work Packages
  • Analyze and Plan for Risk
  • Manage Project Change
  • Review Lessons Learned
  • Hands-On Exercises
  • Project Management Terminology
  • Establish the Project Background and Develop the Project Mini Charter
  • Stakeholder Identification and Analysis
  • Project Roles and Responsibilities
  • Responsibility Assignment Matrix
  • Defining Assumptions and Constraints
  • Communications Planning
  • Risk Planning, Change Management Planning
  • Develop the WBS,, Activity Definition
  • Estimate Activity Duration, Calculate the Critical Path
  • Develop the Project Schedule,, Project Controls
  • Calculating Earned Value,, Manage Expectations, Plan for Closure, , Evaluate PM Competencies
  • Exercises
  • Formal vs. Informal Project Management
  • Analyze Stakeholders, Create a Project Charter and Present to Sponsor
  • Begin Discovery Planning: Scope Analysis
  • Quickly Estimate Time and Cost for Work Packages
  • Overall Risk Review, Summarize and Report to Management: End Discovery Planning
  • Begin Iterative Planning: Update Strategy and Revise Scope Documents
  • Time Analysis: Estimating and Network Diagramming
  • Cost Analysis, Risk Analysis: End Iterative Planning
  • Baseline Planning: Create PMB and Report to Management
  • Monitor and Control: Manage Discovered Change
  • Closure: Lessons Learned Survey