Planning and executing successful projects.
Even the smallest project consists of processes that need to be deployed. While they can seem inconsequential, consider each process in the context of a larger project. Now add multiple people to the project. Attach a deadline and budget. Throw in some unexpected changes. Before you know it, what was once just a “project” is now a juggernaut. Corralling all the elements to bring the project in on time and within budget through proven methods is what the discipline of project management is about.
What constitutes a project? As you learn the answer to that question, you’ll explore the relationships between projects and their environment, and explore the profession of project management. A multitude of factors have a pervasive influence on how projects are managed, the options available to the project manager, and the eventual success of the project. You’ll see the importance of ensuring that you understand the potential impacts of organizational culture, the structure of the organization, and policies and processes that are already in place before a project is defined. You’ll learn to apply project management processes to achieve organizational strategies. Key terms commonly used in project management will be identified and you’ll gain insight into the ethical conduct expected of project managers.
Sample Course Topics
Each week, you’ll focus on a new centralized topic as it relates to the overall objectives of this course. While weekly topics are subject to change based on course and instructor, sample topics may include but are not limited to the following.
- The Project Environment
- The Project Lifecycle
- Initiating the Project
- Planning the Project
- Executing the Project
- Monitoring and Controlling the Project
- Closing the Project and Best Practices
You’ll explore how to align projects with business strategy, and how projects are selected, chartered and planned. The importance of assessing projects to evaluate the feasibility of new products or services within the given assumptions and constraints will become apparent to you, as will the five process groups as they apply to the project lifecycle.
You’ll also learn how the initiating process group moves a concept or idea from a business case to an approved, funded project. You’ll discover how a project charter is developed to define the initial project objectives, scope, and milestones and to authorize and commit financial resources to the project. You’ll also see how internal and external project stakeholders are identified and their impact on and interest in the project is analyzed.
Start to familiarize yourself with common project management documents as you work in a team to apply project methodology to a scenario for a project. You’ll progressively elaborate the project plan throughout course by creating the full range of project documents, from Project Charter through Lessons Learned.
Planning is vital to any successful project. In fact, almost half of the 47 processes in the Project Management Body of Knowledge (PMBOK®) Guide framework are related to planning. Every knowledge area has at least one planning process and risk management has five processes in planning. You’ll delve into the initial planning process during which gathering requirements and developing a Work Breakdown Schedule occur before cost, time, and human resources can be planned.
Other knowledge areas related to project planning include quality, human resources, risk, and procurement. You’ll see how tools and techniques are used to build an integrated project plan against which the project is monitored and controlled.
During project execution, the project team completes the work authorized in the project plan. The project manager's role during execution is focused on integrating all aspects of the project, including tracking deliverables, identifying and resolving issues, and acquiring, developing, and managing team members. You’ll become familiar with these areas of responsibility while understanding the need to communicate a project’s status with clarity and coherence.
*Disclaimer: Course content and outcomes may vary and are subject to change without notice.
Your Learning Objectives
In PRM 600, you’ll examine the project management framework, including key terminology, project management context and processes.
- Apply key project management terms.
- Examine the environment in which projects operate.
- Describe a generalized view of how the various project management processes commonly interact.
- Identify project integration, scope, time, cost, quality, human resources, communications, risk, and procurement management process inputs, tools and techniques, and outputs.
- Identify life cycle phases appropriate to a project.
- Analyze stakeholder needs and expectations.
Monitoring and Controlling the project is all about comparing planned to actual and determining how to deal with variances. Change control is a major element. You’ll learn how to react proactively when variances occur so you’ll be able to bring the project to a tidy end. Every project has takeaways and you’ll see how these are captured by asking for project stakeholder feedback about what went well and what didn't, and how transferring the learning to the organizational knowledge base for use in future projects benefits organizational learning.