Course Contents

Overview

  • About PMI® history
  • PMP® Certification program & details
  • Eligibility criteria & the certification process (Application &Audit process, Exam fees)
  • Exam structure (Topics covered, Types of PMP® questions)
  • Training approach

Project Management Framework

  • What is PMBOK® and its purpose
  • Project Vs operations (PMBOK® definitions)
  • Triple constraints
  • Value of Project Management
  • Project Manager’s role & areas of expertise of Project Manager and Project Team
  • Project Life cycle, Product Life cycle & Project Management Life cycle
  • Key Stakeholders
  • Organization structures

Project Management Process

  • 10 Knowledge Areas
  • 5 Project management Process Groups
  • Interrelationship between Knowledge areas & Process Group

Project Integration Management

  • Project charter
  • Project Preliminary Scope statement
  • Project Selection Methods (PV, NPV, IRR, Payback period, BCR, Opportunity cost)
  • Project Management plan
  • Manage and control Project execution
  • Integrated Change control (CCB)
  • Project Closure

Project Scope Management

  • Project scope planning (Scope Management Plan)
  • Scope Definition (Scope Statement)
  • Work Breakdown structure (WBS & WBS dictionary)
  • Scope Verification process
  • Scope Control

Project Time Management

  • Activity Definition (Activity List)
  • Activity Sequencing
  • Precedence Diagramming Method (PDM)
  • Float (slack), Total float, Free float
  • Identify Critical Path
  • Leads & Lags
  • Activity Duration Estimating (Effort estimate Vs Duration Estimate)
  • CPM (Forward pass & backward pass) & PERT
  • Crashing, Fast-tracking & Resource Levelling
  • Gantt Chart, Project calendar, Resource calendar, RAM/RACI, Resource Histogram

Project Cost Management

  • Project cost management fundamentals
  • Types of cost
  • Depreciation (Straight Line, Accelerated), Sunk costs
  • Cost Estimating (Top-down, Bottom-up, Parametric, etc.)
  • Accuracy range of estimates (Order of magnitude, Conceptual, Definite)
  • Cost budgeting, Cost baseline&Cost control
  • Earned Value Management (EVM) – Concept & Calculation
    • PV, EV, AC, SPI, CPI, BAC, EAC, ETC, VAC, TCPI (including exercises)

Project Quality Management

  • Quality Vs Grade
  • Quality Management, TQM, Quality policy, Gold plating
  • Quality Management process (QA&QC)
  • Quality Planning (Quality management plan)
  • Cost of Quality (COQ)
  • Quality Assurances& Quality audits
  • QC (Fishbone diagram, Pareto chart, Control charts, Flow charts, Inspection, Sampling, Run chart)

Project HR Management

  • HR planning (Roles & Responsibilities, Authority, Competency, RAM/RACI, etc)
  • Roles of Project sponsor, Team member, Functional manager, Project manager
  • Staffing management plan
  • Acquiring Project Team
  • Develop Project Team
  • Motivational Theories
  • Manage Project Team

Project Communication Management

  • Communication management
  • Sender-Medium-Receiver model
  • Communications planning (communication management plan)
  • Information distribution (Forms of communication, Communication methods & channels)
  • Calculating number of communication channels
  • Performance reporting (Status reports, &Other reports, Earned value)
  • Manage stakeholder’s communication
  • Project meetings

Project Risk Management

  • Risk Vs. Assumptions Vs.Constraints
  • Risk Management. Plan
  • Risk Identification (Risk Register)
  • Qualitative Risk analysis
  • Quantitative Risk Analysis
  • Expected value calculation (Decision Tree Analysis, Monte Carlo Simulation)
  • Risk Responses– Opportunities &Threats
  • Secondary risks& Residual risks
  • Reserves (Contingency reserves &Management reserves)
  • Risk Monitoring & Control

Project Procurement Management

  • Plan Procurements
  • Contract & Contract types
    • CR (Cost reimbursable): CPFF, CPPC, CPIF, CPAF
    • FFP (Firm Fixed Price): FPIF, FPEFA
    • T&M (Time and Material)
  • SOW
  • Request Seller responses (RFP’s)&Selecting Sellers
  • Administering Contracts
  • Contract Closure

Stakeholder Management

  • Identifying Stakeholders
  • Planning Stakeholder Engagement
  • Managing Stakeholder Engagement
  • Controlling Stakeholder Engagement

Agile Fundamentals

  • Agile overview
  • Agile mindset
  • Agile Manifesto & Principles
  • Agile – key terms
  • Minimum Viable Product
  • Predictive & Hybrid approaches

Agile Roles &Responsibilities

  • Agile Team
  • Agile Ground Rules
  • Product Owner
  • Scrum Master

Scrum

  • Epic
  • User Stories
  • Product backlog
  • Sprint
  • Agile Sprint Planning
  • Burndown chart
  • Daily Scrum
  • Sprint Reviews
  • Sprint Retrospectives
  • User stories estimation
  • Scrum artifacts

Agile Approaches

  • Kanban
  • eXtreme Programming
  • Lean

Agile Products & Projects

  • Project prioritization
  • Product development
  • Verification & Validation
  • Test driven development
  • Continuous integration system
  • Product release
  • Project risks & issues management

Professional Responsibility

  • PMI® “Project Management Professional Code of Professional Conduct”
    • Honesty, Responsibility, Respect and Fairness