Project Management Professional Training

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1 Project Management Professional Training PMP Certification

2 ABOUT PMP The Project Management Professional (PMP) is the most important industry-recognized certification for Project Managers. You can find find leading PMPs leading projects in nearly every country and unlike other certifications that focus on a particular geography or domain, the PMP is trully global. As a PMP, you can work in virtually any industry, with any methodology and in any location. The PMP alsoincrease your earning potential. PMP certification holders earn 20 percent more than their non-certified peers, according to earning Power: Project Management Salary Survey Ninth Edition. Employers benefit as well. When more than one-third of their project managers are PMP-certified, organizations complete more of their projects on time, on budget and meeting original goals. The PMP signifies that you speak and undertsand the global language of project management and connects you to a community of professionals, organizations and experts worldwide. Become a PMP and become a hero.

3 ROADMAP FOR BECOMING A PMP PMP EXAMINATION

4 INTRODUCTION TO PMI PMI Project Management Institute Over 650,000 members and credential holders in more than 185 countries. PMI headquartered in Philadelphia, USA was founded in World's leading not-for-profit membership association for the project management profession Advocates Best practices in Project, Program and Portfolio Managment. PMI CREDENTIALS Certified Associate in Project Management (CAPM) Project Management Professional (PMP) Program Management Professional (PgMP) PMI Agile Certified Practitioner (PMI-ACP) PMI Risk Management Professional (PMI-RMP) PMI Scheduling Professional (PMI-SP) OPM3 Professional Certification

5 PRINCIPLES OF PMI A project does NOT exists without a CHARTER. The Project Scope includes all of the work and ONLY the work. Activities are e3stimated by the Team, lessons learnt are collected throughout the project. Establish the extent of completion of the project is terminated prematurely. Work Breakdown Structure is the basis for all planningactivities. Quality is not an afterthought.. it should be BUILT-IN. Project Management plan drives hoe the Project work will be carried out. Risks are identified throughout the project. Identify all Stakeholdersto prevent changes. Use Historic Information for Planning. Project Manager spends most of his/her time communicating. Save Scope, Schedule and Cost baselines for comparison. Protect the Buyer and the Seller relationship to work as a team. Setup formal Change Control System. Prefer Preventive actions over Corrective actions. Project Manager should preserve his integrity.

6 WHY BECOME A PMI MEMBER? Access to knowledge, networks and resources that can help you to improve your work and advance your career in project management. Membership means you will be recognised as someone who is: Serious about professional and personal development Enthusiastic about good practices in project management Dedicated to practicing your profession in an ethical manner An edge in the job market and distinguish you to employers, colleagues and stakeholders. Benefits offered only to PMI. Opportunities to lead, to grow your technical and people skills, and to advance the profession locally and globally. Save money: discounts on the cost of credential exams, educational and networking events, and professional. WHY BECOME A PMI MEMBER? Increases your marketability Worldwide recognition of your knowledge of project management Increases customer confidence Demonstrates proof of Professional Achievement

7 COURSE AGENDA to PMP Course PMP: Agenda for the workshop Pre- requisites for PMP Exam About the PMP Exam and Format Complete overview PMP program Project Management Framework Project Management Framework: Definition of a Project Salient Features of P5 (Projects, Programs, Portfolio, Processes and Products) Project Management Office (PMO) The Triple Constraints (Six in number) Stakeholder management Organisation structure- Types and analysis Project Life Cycle vs Product Life Cycle Project Management Process Project Mangement Process: Agenda for the session Project Life Cycle vs Project Management Process vs Project Management Activities The Five Project Management Process Groups and Nine Knowledge Areas Process Groups, Knowledge Areas and Project Management process Mapping Analysis of a Business case and Business need Roles and responsibilities Project Integration Management Project Integration Management: Agenda for the session Development of a Project Charter an its key role The key role of Project Manager, project Team and Project Sponsor Project Selection methods and challenges Benefit measurement and methods Constrained optimization methods

8 Economic models Nine management plans overview The Integration Management Knowledge Area Processes Direct and Manage Project Execution Monitor & Control Project work Perform Integrated Change Control Close Project or Phase Project Stakeholder Management Project Stakeholder Management: Importance of Stakeholder Management Stakeholder Identification and Register Stakeholder Classification and Analysis Stakeholder Management Best Practices Project Stakeholder Management Processes Identify Stakeholders Plan Stakeholder Management Management Stakeholder Engagement Control Stakeholder Engagement Project Scope Management Project Scope Mangement: Agenda for the session Product Scope Vs. Project Scope The key terms in Project Scope Managmenet The Project Scope Management Processes Plan Scope management Collect Requiremenets Define Scope Create WBS Validate Scope Control Scope Project Time Management Project Time Management: Schedule Management Plan (A seemingly out of place plan) Rolling wave planning Vs. Progressive Elaboration

9 The key terms in Project Time Management Reserve Analysis Critical Chain and Critical Path computations Float-Total, Free and Project Floads Leading and laggingmanagement The Project Time Management Processes Plan Schedule Management Define Activities Sequence Activities Estimate Activity Resources Estimate Activity Durations Develop Schedule Control Schedule Schedule Network Analysis Techniques to Project Cost Management Cost accounts or Control accounts and its benefits Difference between Cost Estimating and Cost Budgeting Value Analysis and when it can be beneficial Plan Cost Management Estimate Costs Determine Budget Control Costs Earned Value Analysis (Backward looking Indices) TCPI (Forward looking Indices) Project Quality Management Project Quality Mangement: Agenda for the session Whatis Quality Management and the key roles involved? Quality Theorists and marginal analysis technique to Six Sigma The Project Quality Management Processes Plan Quality Perform Quality Assurance Perform Quality Control Seven Basics tools of Quality Statistical sampling and few sample case studies Cost of Quality: Modern Theory

10 Project Human Resource Management Human Resource Mangement: What is Human Resource Mangement? Roles and Responsibilities of the Project Sponser, Team and Stakeholders Functional Manager Vs. Project Manager Problem Solving Process The Project Human Resource Management Process Develop Human Resource Plan Acquire Project Team Develop Project Team Manage Project Team Conflict Management Powers of Project Manager Leadership and Managememt Theories Motivation Theories and Sample Case Studies Project Communication Management Project Communication Management: Communication Methods, Technology and Channels Basic Communication Model The Communication Management Knowledge Area Plan Communication Managment Distribute Information Report Performance A fe project communication related case studies Project Risk Management Project Risk Management How is risk calculated, Utlity Theory Risk Categorization Decision Tree Risk Reserve Analysis The Risk Amangement Knowledge Area Processes Plan Risk Management Identify Risk Perform Qualititive and Quantitive Risk Analysis

11 Perform Risk Analysis Plan Risk Responses Monitor and Control Risks Monte Carlo Simulation and Sample Case Studies for Project Risk Management Project Procurement Management Project Procurement Management: What is a Contract? Centralized Vs. Decentralized Contracting Different types of Contracts and Comparison How to choose contracts: A few sample case studies Key terms in Procurement Management Knowledge Area Plan Procurements Conduct Procurements Adminster Procurements Close Procurements Professional and Social Responsibility Professional and Social Responsibility: Agenda for the session Responsibility: Ensure Individual Integrity Respect: Contribute to Project Management Knowledge Base Honesty: Enhance Self-professional competance Fairness: Promote Stakeholder collaboration General comments and common pitfalls A few sample case studies and professional responsibility and its benefits

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