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PSG101 - Project Management Frameworks & Planning

Catalog PDF
Course #: PSG101
PDU: 35
Price: Call for Pricing
Length: 5 days
Prereq: none

As more and more organizations discover the value of project management, demand for well-trained leaders is at an all-time high. In fact, business author Tom Peters states that project management is the key to success – and even survival – in the new century. Today’s project managers need specialized skills to direct and manage people, costs, schedules and project scope. In addition, managers, team leaders and stakeholders must be proficient in a variety of tools and techniques to ensure success at each step of the project. This highly interactive, hands on course and comprehensive course will expose students to both basic and advanced project management principles required to build a solid project plan. Students will learn how to define scope with a work breakdown structure, estimate using multiple methods, create a resource-leveled schedule, and incorporate contingency for risk in their plans. Students will work in teams on a real project and apply all of the principals in the course to develop a robust project plan in Microsoft Project. This course will benefit project managers and team members alike, and incorporates best practices from the PMBOK® 9 Knowledge Areas.
 

Topics:

Day 1
Project Management Profession

  • Various project management roles
  • Industry trends and opportunities for project managers
  • Earning potential
  • Key industries/markets with high demand for project managers/management

Project Management Standards and PMI

  • Organization history and charter
  • Membership
  • Certification
  • Publication
  • Education

Role of the Project Manager

  • Responsibilities
  • Expectations
  • Competencies
  • Authority
  • Internal vs. external project manager roles
  • Misconceptions about project managers/management
  • Realities of project management

Overview of PMBOK Knowledge Areas

  • Integration
  • Scope
  • Time
  • Cost control
  • Risk
  • Quality
  • Human resources
  • Communications
  • Procurement

Foundational Concepts of Project Management

  • Definition of project
  • Triple constraints
  • Project lifecycle
  • Project evolution

Defining and Achieving Project Success

  • Common challenges
  • Causes of failure
  • Defining success and measurement criteria

Project & Organizational Structures

  • Various project roles and responsibilities
  • Organizational structures
  • Project structures

Effectively Integrating the Project and Organizational Structures


Day 2
Defining the Work Breakdown Structure

WBS Types and their Pros and Cons

  • Phase-based WBS
  • Activity-based WBS
  • Deliverables-based WBS

WBS Forms and Uses

  • Outline/list form
  • Graphical form

Steps to Constructing a WBS

  • How to identify and define deliverables
  • How to properly decompose deliverables
  • How to recognize and create work packages
  • How to identify all activities using the DBTD model
  • How to ensure a complete WBS
  • How to number and enter the WBS into MS Project

How to Use the WBS to Verify and Baseline the Project Scope
Tools and Tips for Building a WBS with the Project Team
How to Evaluate and Analyze a WBS


Day 3
Estimation Challenges and Pitfalls
Components of a Good Estimate
Precision vs. Accuracy in Estimating
Cost vs. Price in Estimating
Estimation Methods

  • Analogy
  • Parametric
  • Bottom-up

Building Estimates

  • Preparing for estimation
  • Establishing estimation criteria
  • Estimating effort, duration and elapsed-time
  • PERT mean analysis
  • Estimating resources
  • Incorporating the effects of skills, productivity and work interruption
  • Building estimates in MS Project

Presenting Estimates

  • How to use MS Project to simulate different project conditions
  • How to create compelling options for reducing costs, resources or scope
  • How to present estimates to project sponsors, key stakeholders and/or clients
  • Determining the number, timing and profiles of needed resources
  • Preventing team burnout


Day 4
Purpose and Components of a Schedule
Schedule Dependencies

  • Logical relationships
  • Schedule delays
  • Schedule acceleration

Creating the Schedule

  • Network/precedence diagramming
  • Critical path method
  • Determining the end date of your project
  • Using MS Project to schedule your project

Optimizing the Schedule

  • Fast tracking
  • Crashing
  • Reducing scope

Resource Leveling

  • Using MS Project to reduce/eliminate resource over-allocations
  • Creating a realistic resource staffing profile

Assessing and Mitigating Schedule Risk


Day 5
Defining Risk and Risk Management
How to Identify and Classify Risks
Qualifying Risks
Prioritizing Risks
Filtering Risks
Quantifying Risks
Developing Strategies to Deal with Risks
Building Your Risk Plan in MS Project
Monitoring and Controlling Risks


Audience:
Team leads, project managers, project coordinators, project schedulers, project administrators, project analysts, project leaders and program managers.

Learning objectives:

  • How to properly develop an integrated project plan: Understanding the Triple Constraint
  • How to property develop a deliverables-based work breakdown structure for any scope
  • Roles and responsibilities of a project manager
  • How to avoid the trap of managing the product lifecycle instead of the project lifecycle
  • Top 10 critical failure factors and how to avoid them
  • How to apply value-added risk management techniques
  • How your organizational structure will impact your project
  • Generate a functioning project plan using off-the-shelf project management software
  • 5 deadly pitfalls when estimating in MS Project
  • 3 proven techniques for communicating/presenting your estimates
  • How thinking chronologically will ruin your schedule
  • Deadly mistakes of scheduling and understanding the critical path
  • How to manage your schedule instead of your schedule managing you
  • Proven techniques for identifying risks
  • Strategies to deal with any risk
  • How to properly use contingency reserve



PMBOK Knowledge Areas:

  • Integration Management
  • Scope Management
  • Time Management        
  • Cost Management        
  • Quality Management
  • Human Resource Management
  • Communications Management
  • Risk Management
  • Procurement Management

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