Fundamentals of Project Management


Introduction



In today’s world fast changing dynamics, majority of tasks are being managed and organized into projects. Whether it is planning a new course for training or it is to enter records to a newly implemented ERP; projects are becoming a part of every business field & hence effective project management is becoming one of the most challenging tasks within the organizations nowadays. Therefore, project management skills and capabilities are being considered as a “competitive edge” for individuals and organizations.

FPM is a one day course which is designed keeping in considerations of individuals and organizational requirements, who want to equip themselves with increasingly demanding profession / discipline of project management.

Objectives

You should expect to gain competencies in the following areas after successful completion of the course:

  • Discuss the phases of the Project Management Life Cycle and a project manager’s role in each phase.
  • List and discuss basic project success criteria and common reasons for project failure.
  • Discuss techniques for setting up a strong project team.
  • List and discuss elements of a Risk Management Plan.
  • Discuss techniques for planning and sequencing project activities, including the Work Breakdown Structure and the Network Logic Diagram.
  • Identify the Critical Path for completing a project on schedule.
  • List and discuss the cost elements that should be included in a project budget.
  • Discuss techniques for controlling for deviation from budgets and schedules.
  • Discuss key elements of project management communications and reporting tools.
  • Discuss key activities of project close-out.
Course Outline

The Project Management Life Cycle

  • What is a Project?
  • The Project Management Life Cycle
  • The Role of the Project Manager

Setting Up for Success

  • The Meaning of Success
  • What Happens in the Initiation Phase?
  • Project Definition and Scope
  • Putting Together a Statement of Work
  • The Project Charter

The Project Team

  • The Teamwork Challenge
  • Selecting Team Members
  • The Team Charter

Risk Management

  • Project Risk

The Project Team

  • The Work Breakdown Structure
  • Work Package Sequencing

The Project Schedule

  • The Scheduling Process
  • Time Estimates

The Project Budget

  • What is a Budget?
  • Creating a Preliminary Budget
  • Budget and Schedule Balancing

Project Tracking and Control

  • Moving the Project Forward
  • Monitoring for Project Progress
  • Earned Value Analysis
  • Getting Back on Track

Project Reports

  • Communications Overview
  • Project Performance Reports
  • Project Change Requests

Project Close-out

  • Elements of Close-out
  • Evaluation of People and Projects
Who should attend:
  • Participants enrolling in this course should be planning to lead a project (primary audience) or serve on a project team (secondary audience).
  • Other project personnel and functional managers who work with projects will benefit from a better understanding of how their responsibilities fit into the total project management task.
Prerequisites:
  • To ensure your success, we recommend you have some working knowledge of your computer’s operating system.
Materials Provided:
  • Course reference manual containing printed copies of presentation, notes, exercises and quizzes
  • Course certificate