Certified Master in Project Management VS-1079

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Norma Cummings
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1 Certified Master in Project Management VS-1079

2 Certified Master in Project Management Certification Code VS-1079 The certification covers current topics as needed in industry, like strategic management and fit of a new project, project economics and finance, IT based project management tools, international project management and project ethics. The course also covers essential tools and techniques of project management, needed during project planning, project estimation, project scheduling and project implementation along with project quality management. Project management is the essential skill that modern day managers, middle and senior managers, executives and students should have to excel in their careers and also demonstrate their project management skills. Why should one take this certification? There are exciting career opportunities for project managers across several industry domains. You will learn all fundamentals, concepts, processes & procedures which are essential to become an effective project manager. It is an essential skill-set for anyone which can be applied in many careers and in several contexts of our lives. How will I benefit from taking this certification? This certification will give you the skills you need to become a successful project manager With huge demand and high pay packages, project management is a lucrative career. The growth in project management oriented occupations will be on account of expansion in key sectors like manufacturing and construction, information services, technology, publishing, and finance and insurance. Test Details Duration: 60 minutes No. of questions: 50 Maximum marks: 50, Passing marks: 25 (50%) There is no negative marking in this module. Fee Structure Rs. 6,999/- (Excludes taxes)* *Fees may change without prior notice, please refer for updated fees

3 Companies that hire Vskills Certified Master in Project Management Vskills Certified Project Management candidates will find employment in companies like Deloitte, Amazon India, Protivity, Fidelity, Tech Mahindra, Capgemini and Accenture.

4 1. Project Management Basics 1.1 Defining a Project 1.2 Who is a Project Manager 1.3 Project Manager Skills 1.4 Communication Skills 1.5 Critical and Systems Thinking 1.6 Negotiation Skills 1.7 Project Management History 1.8 The Project Triangle 2. Project Management Approach 2.1 Waterfall Model 2.2 Agile Basics 2.3 Scrum Basics 3. Strategic Management 3.1 Strategic Management 3.2 Innovation Management 3.3 Change Management 3.4 Project Leadership 4. Project Planning 4.1 Project Stakeholders 4.2 Developing Project Charter 4.3 Project Scoping 4.4 Project Budgeting 4.5 Project Feasibility 4.6 Estimation Tools and Techniques 4.7 Project Appraisal 4.8 Handling Project Risk Certified Master in Project Management Table of Contents

5 5. Project Scheduling 5.1 Base Lining 5.2 Developing the Project Schedule 5.3 Priority Assignment 5.4 Allocating Project Time 5.5 Scheduling Techniques 5.6 Arrow Diagramming Method 5.7 Forward Pass 5.8 Backward Pass 5.9 Precedence Diagram Method 5.10 Line of Balance (LOB) 5.11 Project Crashing 6. Project Implementation 6.1 Team Development and Management 6.2 Vendor Management 6.3 Contract Management 6.4 Project Control Tools and Techniques 6.5 Project Scope Creep Management 6.6 Project Optimization 6.7 Project Delivery 6.8 Project Documentation 6.9 Project Performance Metrics and Tools 7. Project Quality 7.1 Quality Standards 7.2 Lean 7.3 Six Sigma 7.4 5S 7.5 Kaizen 8. Project Economics and Finance 8.1 Project Economics 8.2 Financial Techniques (EUAC, NPV, IRR, B/C) 8.3 Project Valuation 8.4 Depreciation 8.5 Life Cycle Costing 8.6 Project Funding and Selection 8.7 Project Accounting

6 9. Project Ethics 9.1 Ethical Theories 9.2 Ethical Principles 9.3 Business Ethics 9.4 CSR 9.5 Project Ethics 9.6 Project Governance 10. IT based Project Management 10.1 Microsoft Project Open source tool 10.3 Online Cloud tools 11. International l Project Management 11.1 Why International Project Management 11.2 Managing Cultural Diversity 11.3 Managing Global Teams

7 Sample Questions 1. Who creates a product backlog for project initiation under Scrum cycle A. Scrum team B. Scrum Master C. Product owner D. None of these 2. Which accounting concept refers to the value today of future cash flow? A. Present value (PV) B. Net present value (NPV) C. Opportunity cost D. Sunk cost 3. Project charter is the responsibility of? A. The project manager B. The project sponsor C. The project team D. None of these 4. Which requirement gathering technique, focuses on suggestions by domain experts? A. Alternative generation B. Affinity Diagram C. NGT D. Expert Judgement 5. Which WBS design principle focuses on capturing all deliverables - whether internal, external or interim? A. 100% rule B. Mutually Exclusive C. Level of Detail D. Plan outcomes Answers: 1 (C), 2 (A), 3 (B), 4 (D), 5 (A)

Certified Business Strategy Professional VS-1436

Certified Business Strategy Professional VS-1436 Certified Business Strategy Professional Certification Code VS-1436 Strategic insight is necessary for executives and business leaders to succeed in the