Project Management Essentials (Virtual Instructor-Led Training)

The foundation of what every project manager needs to know to successfully manage projects is presented in this virtual instructor-led course. Project Management Essentials (PME) covers the basic concepts of the five fundamental project management processes: initiating, planning, executing, monitoring and controlling, and closing. Participants gain an understanding of how the project management processes are used during each phase of a project to build a better, more effective project plan.

Through the use of short case studies, practical exercises, class discussions, and lectures, participants have the opportunity to apply best practices in a non-threatening classroom environment.

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Key Outcomes

Upon completion of this course, participants will be able to:

  • Identify project management terminology and project manager competencies
  • Describe the differences and types of project phases, lifecycles, and process groups
  • Identify elements of the project charter and kickoff meetings
  • Identify your project stakeholders and analyze their influence on your project
  • Develop a scope statement
  • Develop a WBS with your project team
  • Discuss cost and work estimates for your project
  • Analyze a project’s critical path
  • Determine lead and lag on the schedule
  • Describe the risk management process
  • Identify, analyze, and determine strategies for risks
  • Describe the process for managing scope change of a project
  • Explain the two aspects of monitoring and controlling a project
  • List the three types of project reviews
  • Identify the five stages of team development
  • Describe the conflict resolution methods
  • Identify the role of the project manager in communication
  • Describe project closeout activities
  • Capture lessons learned during closeout for a project

Course Outline

The Project Management Framework

  • Define project management and why it is important
  • Describe the difference between a project, program, a portfolio and an operation
  • Describe the project manager competencies and The PMI Talent Triangle®
  • Define the project management life cycle process and the types of development life cycles
  • Identify the five process groups
  • Identify the differences between a process group and a phase
  • Define the triple constraint and how it is used

Kicking Off the Project

  • Identify the elements of a project charter
  • Identify elements and outputs of a kickoff meeting
  • Describe the difference between a project management plan and project documents
  • Describe the steps of a stakeholder analysis
  • Differentiate the roles of the project sponsor, project customer and the project manager
  • Perform a stakeholder analysis

Defining the Project Scope

  • Define the product scope
  • Define the project scope
  • Develop a project scope statement

Developing the Work Breakdown Structure

  • Develop an effective WBS
  • Identify characteristics of a work package

Defining Estimates for Project Activities

  • Identify the difference between estimating costs and determining the budget
  • Identify distinctions between effort, duration, and calendar time
  • Define the different types of estimates
  • Describe the importance of consistency in estimates

Developing the Project Schedule

  • Define project schedule and its value
  • Demonstrate an understanding of schedule terminology
  • Identify the major uses of schedule views
  • Construct a precedence diagram method (PDM) network diagram
  • Identify the critical path

Understanding Project Risk

  • List the three components of risks
  • Describe each of the seven steps of the risk management process
  • Identify the correct way to state risk events
  • Describe five strategies to address negative risks and five strategies to address positive risks
  • Identify the purpose of the Implement Risk Response step
  • Describe approaches to monitoring risk

Managing Change

  • Identify components of a project baseline
  • Identify elements of project change control
  • Determine strategies for handling project change requests

Managing and Controlling Outcomes

  • Discuss the technical and human resource aspects of monitoring and controlling
  • Identify the decision-making process
  • Identify questions to ask to monitor progress
  • Describe three kinds of project reviews and their differences
  • Identify the five stages of team development
  • Recognize the reasons for conflict on projects
  • Determine the appropriate method of conflict resolution
  • Describe the role of the project manager in communication
  • Identify factors affecting communication
  • Describe three communication methods

Closing the Project

  • Identify closeout activities
  • Describe the benefits of a closeout process