Content Break-up & Methodology for awarding Contact Hours / PDUs

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1 N.I.T.E - Project Management Professional (PMP) Exam Prep Course Content Break-up & Methodology for awarding Contact Hours / PDUs This course is based on Project Management Book of Knowledge PMBOK Guide - 5th edition. Please note that while the objectives are mentioned here, the outcome is evaluated through quizzes, reviews and discussions for every topic Course Content & Break-up 1. Overview: 2.5 hrs. 1) About PMI history 2) PMP Certification program & details a) Eligibility criteria & the certification process (Application & audit process, Exam fees) b) Exam structure (Topics covered, types of PMP questions) c) Training approach (How to prepare) 3) PDC handbook, CCR handbook Expected Outcome: Students should be able to know what PMI, PMP is and the basic information about PMP exams, approach, application and the course overall 2. Project Management Framework: 2.5 hrs 1) What is PMBOK Guide and its purpose 2) Project Vs operations (PMBOK Guide definitions) 3) Triple constraint 4) Value of Project Management 5) Project Manager s role & areas of expertise of Project Manager and Project Team 6) Project Life cycle, Product Life cycle & Project Management Life cycle 7) Key Stakeholders 8) Organization structures Expected Outcome: Students should be able to know about projects, operations, their dependencies, organizational structures, the role and responsibilities of the project manager and the team as well as the project life cycle and phases.

2 3. Project Management Process: 0.5 hrs 1) Product Oriented process & Project management process 2) IPEMC 3) 9 Knowledge areas Vs 5 Project management process groups Expected Outcome: Here, the students are expected to know the approach of PMI, how it presents Project Management concepts via PMBOK and all about the product oriented and project oriented processes, the relationships and the need for coordination across those. 4. Project Integration Management: 2.5 hrs 1) Project charter 2) Project Preliminary Scope statement 3) Project Selection Methods (PV, NPV, IRR, Payback period, BCR, Opportunity cost) 4) Project Plan or Project Management plan 5) Manage and control Project execution 6) Integrated Change control (CCB) 7) Project closeout 8) Integration Management (How to integrate all 9 KA s Vs 5 process groups) Expected Outcome: Here, the students are expected to know the complete integrated nature of projects and project management across various aspects, the need to plan them on the whole, execute them in a coordinated manner, monitor for changes and proper implementation throughout, how to manage changes and finally bring proper closure to the project or the phase. 5. Project Scope Management: 2 hrs. 1) Project scope planning (Scope Management Plan) 2) Scope Definition (Scope Statement) 3) Work Breakdown structure (WBS & WBS dictionary) 4) Scope Verification process 5) Scope Control Expected Outcome: Here, the students are expected to know what is scope, how it is defined by gathering requirements from stakeholders, what is WBS and how it is generated, and how the scope, requirements and configuration are preserved and maintained and scope changes accounted for throughout the project, how the deliverables are validated

3 6. Project Time Management: 2.5 hrs 1) Activity Definition (Activity List) 2) Activity Sequencing a) How to draw a PND using PDM b) Calculate Float (slack), Total float, free float c) Identify Critical Path using PND d) GERT e) Leads & Lags 3) Activity Duration Estimating (Effort estimate Vs Duration Estimate) 4) CPM (Forward pass & backward pass) & PERT 5) Crashing, Fast-tracking & Resource Leveling 6) Gantt Chart, Project calendar, Resource calendar, RAM/RACI, Resource Histogram Expected Outcome: Here, the students are expected to know how to decompose work packages into activities, how to develop a network diagram, the various concepts surrounding schedule and time management, the need to plan around those factors for effective delivery of project within time, while managing changes and controlling deviations proactively 7. Project Cost Management: 2 hrs. 1) Project Management fundamentals & types of cost 2) Depreciation (Straight Line, Accelerated), Sunk costs 3) Cost Estimating (Top-down, bottom-up, parametric) 4) Accuracy range of estimates (Order of magnitude, conceptual, definite and control) 5) Cost budgeting & Cost baseline 6) Cost control 7) Earned Value Management (EVM) How to calculate PV, EV, AC, SPI, CPI, BAC, EAC, ETC, VAC (including exercises) Expected Outcome: Here, the students are expected to know how to plan for managing cost and cost factors, the various techniques for estimating, concepts like EVM and controlling cost as well as predicting budgetary requirements at various points in time in a project, as well as to look for cost efficiencies throughout.

4 8. Project Quality Management: 2.5 hrs 1) Quality Vs Grade 2) Quality Management, TQM, Quality policy, Gold plating 3) Quality Management process (QA, QC) 4) Quality Planning (Quality management plan) 5) Cost of Quality (COQ) 6) QA & Quality audits 7) QC (Fishbone diagram, Pareto chart, control charts, flow charts, Inspection, Sampling, run chart) Expected Outcome: Here, the students are expected to know how to plan for quality implementations, whose responsibility is at what level for quality, who defines quality, what quality approaches can be used and how they can be measured, validated, how products have to meet such quality requirements from stakeholders and what the various tools and techniques are for managing quality properly, as well as looking for constant improvements to the whole process of managing projects 9. Project HR Management: 2 hrs. 1) HR planning (Roles & Responsibilities, Authority, competency, RAM/RACI, etc) 2) Roles of Project sponsor, Team member, stakeholder, functional manager, Project manager 3) Staffing management plan 4) Acquiring Project Team 5) Develop Project Team (Team building, 5 Powers of PM, 7 leadership styles etc.) 6) Motivational Theories 7) Manage Project Team (Manage issues) Expected Outcome: Here, the students are expected to know how to plan for managing the human resources, what organizational behavioral theories are, the various conflict resolution management techniques, awareness of powers of a leader, and such things that would make an effective manager and a leader to guide and motivate and properly manage and appraise people. 10. Project Communication Management: 1.5 hrs 1) Communication management (compliance, conformance and branding type of communications) 2) Sender-Medium-Receiver 3) Communications planning (communication management plan) 4) Information distribution (forms of communication, communication methods & channels) 5) How to calculate communication channels 6) Performance reporting (Status reports, & other reports, Earned value)

5 7) Manage stake holder s communication 8) Project meetings Expected Outcome: Here, the students are expected to know how to plan for communicating effectively to the stakeholders, how much, when, and what to communicate. Students should gain awareness of communication methods, modes, model and sensitivity. Should know about distribution systems and the complexities surround channels of communication 11. Project Risk Management: 3 hrs. 1) Risk Vs Assumptions Vs constraints 2) Risk Management Plan 3) Risk Identification (Risk Register RR) 4) Qualitative Risk analysis (High, medium & low) 5) Quantitative Risk Analysis) 6) Expected value calculation (Decision tress, Monte Carlo simulation software) 7) Risk Response (Avoid, Mitigate, Transfer or Accept) 8) Secondary risks, Residual risks & Reserves (Management reserves & Contingency reserves) 9) Risk control. Expected Outcome: Here, the students are expected to know how to plan for managing risks, by identifying them, analyzing them for data quality, quantity etc, developing proper risk responses, monitoring for risk alerts and attending to them to avoid major impacts. 12. Project Procurement Management: 3 hrs. 1) Purchases and Acquisitions (procurement Management plan) 2) Contract & Contract types a) CR (Cost reimbursable): CPFF, CPPC, CPIF, CPAF b) FP (Fixed Price): FPIF, FPEFA c) T& M (Time and Material 3) SOW 4) Request Seller responses (RFP s) 5) Select Sellers 6) Contract Administration and contract closure Expected Outcome: Here, the students are expected to know how to plan for procurements of men, material and machines in a project, decide what to make or buy, go by the budgetary constraints, properly define needs, how to choose vendors after evaluation of various factors and finally controlling procurements to project objectives

6 13. Project Stakeholder Management: 1.5 hrs. 1) Stakeholder Identification and Analysis 2) Stakeholder Management Planning 3) Engaging Stakeholders appropriately 4) Addressing Issues and Changes Expected Outcome: Here, the students are expected to know how to plan for stakeholder management by identifying them first, analyzing their roles and knowing their valid needs, catering for those with proper tools and techniques, how to manage expectations through proper change management and issue resolutions proactively 14. Professional Responsibility: 1 hr. 1) Professional Ethics 2) Individual Integrity 3) Contributing to PM knowledge base 4) PMI s Project Management Professional (PMP) Code of Professional Conduct Expected Outcome: Here, the students should know the ethical values expected of a project management professional, how to live them, what factors influence them and how this is intrinsic to all the facets of project management. 15. PMP Practice Exam: (Optional) 1) Recap 2) PMP Examination, Types of questions, Tips for the exam 3) Practice Exam (200 questions) Recap session and Review of Home Assignments on Day 2 (Framework, Integration): 1 hr. Recap session and Review of Home Assignments on Day 3 (Scope, Time, Cost): 1 hr. Recap session and Review of Home Assignments on Day 4 (Quality, HR, Communications): 1 hr. Home Assignments in terms of additional quizzes: 3 hrs Note: Every session includes practice questions/answers in order to clarify the PMBOK Guide - 5th edition concepts & understanding for the preparation for PMP certification exam.

7 Break-up of Contact Hours / PDUs for Classroom & Disatance Learning 1. Classroom Each hour of training gives the student 1 PDU / Contact Hour. There will be a 45-Minute lunch break and two 10-minute tea breaks on each day of the course for the classroom sessions. Start Time 9 AM or per students preference End Time 6 PM or per students preference 2. Online / Distant Course The time taken to conduct the course remains the same, and the training is conducted at mutually convenient timings between the instructor and the student, but the quizzes are done as home work and reviewed. Total Online Hours = 18 Home Assignments / Quizzes = 14 Hrs Review Sessions = 3 Hours Review Process Students send in their answers. Reviews are conducted via live internet exchanges with the students to see what answers they chose. They are questioned as to why they chose an answer even if they are right, versus why they did not choose other answers. This way, more clarity in their approach is sought and any mis-understanding of concepts are ironed out. 3. Totally Online Course Will be introduced now. It will have the same content as Classroom with voice over elaboration includes quizzes totaling to 35 Contact Hours. The results are validated to ensure complete participation. Performance in Quizzes will be validated to ensure student understanding. If necessary, follow up interaction will be done to ensure clarity of knowledge via or interactive sessions. Repeat online classroom sessions may also be provided. It takes about 21 Hours for learning via audio. Quizzes take about 14 Hours. This has been validated through sample students. Besides this 12 Hours of Mock Exams are optionally provided. Additional valuable information is provided in the online classroom as supplementary to the course. These are mostly compiled by us, and are not mandatory information and may be added or removed at our discretion. This is purely for the benefit of the students, but this will not breach any confidentiality or will not contain copyright material from any source. If exclusive material is used from any source, prior permission will be obtained before publishing.

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