Fundamentals of project management and business

If time extended with the same cost then quality of the product will reduce. The exchange of information Influencing the organization: This refers to what the project management team knows about project management.

Instructor Kim Caruthers, PMP Kim Caruthers, PMP, has over twenty years of experience in project management across multiple industries including transportation, education, telecommunications and technology. Closing Process — Focuses on the processes to be performed to finalize all activities across all project management process groups to formally close the project or phase.

Changes to any of these legs sets off a series of activities that are needed to integrate the change across the project. How You Will Benefit Enhance understanding of how programs, portfolios and projects relate to strategic objectives Leverage synergies by managing multiple projects as a program Reduce the risk of failing to receive benefits during transition Optimize resource usage by prioritizing projects within a program What You Will Learn In this course you will learn the fundamental tools and techniques of program management including: Ability to create a productive team.

Project Management Performance Competency: Those processes performed to complete the work defined in the project management plan to satisfy the project specifications Monitoring and Controlling: This includes weighing the value of each project, or potential project, against the portfolio's strategic objectives.

View Course Program Management Fundamentals Increasingly organizations face the challenge of limited resources amongst conflicting projects, which often leads to budget overruns and failed strategic objectives. A portfolio is a collection of projects, programs subportfolios, and operations that are grouped together to facilitate effective management of that work to meet strategic business objectives.

The Fifth Edition was released in Initiating Process — Focuses on those processes performed to define a new project or a new phase of an existing project by completing a Project Charter and obtaining authorization to start the project or phase while ensuring the project is in line with the organizations Strategic Objectives.

What is Program Management? Process groups[ edit ] The five process groups are: Includes 6-months digital access to all training materials. In this course you will learn how to implement program management best practices in your organization.

This refers to how the project management team behaves when performing the project or activity. Program Description This one-day program covers the following: View Course Program Management Fundamentals Increasingly organizations face the challenge of limited resources amongst conflicting projects, which often leads to budget overruns and failed strategic objectives.

The PMBOK as described in the Guide recognizes 49 processes that fall into five basic process groups and ten knowledge areas that are typical of most projects, most of the time. Those processes required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve.

Program management involves centrally managing and coordinating groups of related projects to meet the objectives of the program.

Leach[5] as opposed to critical path method adherents. One thrust of critique has come from the critical chain developers and followers e. The ability to "get things done" Leadership: The process groups discussed include: We need project management to manage projects effectively and drive them to success.

Knowledge areas[ edit ] The ten knowledge areas, each of which contains some or all of the project management processes, are: A Guide to the Project Management Body of Knowledge — Sixth Edition provides guidelines for managing individual projects and defines project management related concepts.

Why do we need Project Management?

Project Management Body of Knowledge

Project Management Knowledge Competency: The management of interpersonal relationships includes: Other areas covered include the project life cycle, organizational and environmental influences on projects, the five required project process groups, and the multi-dimensional nature of project management.

Senior managers or senior management teams typically take on the responsibility of portfolio management for an organization. Tools and Techniques mechanisms applied to inputs Outputs documents, plans, designs, etc.

A portfolio consists of multiple programs. Energizing people to achieve high levels of performance and to overcome barriers to change Negotiation and conflict management: Improved control over the project Improved performance Improved budget and quality Project Management Skills: With our extensive resources and program facilitators, we will design a program that is tailored to fit your specified objectives and requirements.

The PMBOK as described in the Guide recognizes 49 processes that fall into five basic process groups and ten knowledge areas that are typical of most projects, most of the time. Political and cultural awareness:Project management is a start-to-finish approach to getting things done and making projects more successful.

It's a profession, but it's also a set of techniques that anyone can apply to achieve goals and manage project work more effectively. Online Business Courses & Training. You’re a business-minded person: when life gives you lemons, you make lemonade and turn a refreshing profit.

Understand your role and potential liabilities in construction project southshorechorale.com are many parties involved in a construction project - developers, attorneys, architects, engineers, contractors and their subcontractors, construction managers and owners; as well as employees at.

Wits Plus FUNDAMENTALS OF PROJECT MANAGEMENT THEORY & PRACTICE Join us on the Wits Campus for our evening class in Fundamentals of Project Management Theory and.

Fundamentals of Risk Management short course

Effective time management is an indispensable skill. Best-selling author and business coach Dave Crenshaw lays the theoretical and practical foundations for. Project management is a start-to-finish approach to getting things done and making projects more successful. It's a profession, but it's also a set of techniques that anyone can apply to achieve goals and manage project work more effectively.

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Fundamentals of project management and business
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