PMP Fast Track (Evening Batch – Late Evening)

10,000.00

Date & Time

September 19-20
September 26-27
October 03-04

5:30 PM to 11:30 PM 

Category:

Description

Program Outline & Contents

INTRODUCTION
  • Getting to know the participants
  • Introduction to PMI®
  • PMP® Certification – advantages
  • PMP® certification – process and fees related information
  • PMP® Application procedures – instructions on how to fill in the form
  • PMP® examination – information on the split of questions, question pattern
  • PMP® examination – Tips on how to prepare and take the examination (this theme will be reiterated throughout the course)
  • PMP® – Fulfilling the CCR requirements
  • Familiarization with course outline
  • Familiarization with the protocols and timings
  • Expectation setting and clarifications
  • Introductory Quiz – to assess the current level of familiarization of the participants with PMBOK® concepts and assess the gaps.

PROJECT MANAGEMENT CONTEXT

  • Structure of PMBOK®
  • Project Management vs. Product oriented Processes
  • Description of five process groups in the Project Lifecycle and their interactions
  • Characteristics and components of Process groups
  • Mapping of Project Management Processes across the Process Groups and Knowledge Areas
  • What are Projects?
  • Projects vs. Operations
  • Project Management
  • Constraints and Assumptions
  • The concept of Progressive Elaboration and Rolling wave planning
  • The concept of Program Management and Portfolio Management
  • The concept of Project Management Office (PMO)
  • Types of PMO
  • Tailoring PM Methodology
  • Organizational Project Management
  • Different Life cycles models – Predictive, Iterative & Agile
  • Varying types of Project organizational structures – Functional, Matrix and Projectized – their advantages and disadvantages
  • Project Management Business Documents
  • Enterprise Environmental Factors
  • Organizational Process Asset
  • Introductory Quiz – Project Management Context.

Demo:

  • Sample Business Case

INTEGRATION MANAGEMENT

  • The role of Integration Management in Project execution
  • Description of multiple ways in a Project can arise
  • Project Charter – its characteristics
  • Description of various Project selection methods – like mathematical models and financial criteria like ROI, NPV, IRR etc.
  • Project Management Plan Development
  • Contents of the Project Management Plan
  • Managing Project knowledge
  • Lessons Learned Register
  • PMIS – its role in effective Project Management
  • Directing and Managing Project Work
  • The role of Configuration Management system in a Project environment
  • Monitoring and Controlling Project Work
  • Performing Integrated Change Control
  • How to manage changes in a Project?
  • Closing a Project ( or a Phase)
  • Final Report preparation
  • Emerging trends in Integration Management
  • Considerations for Agile
  • Quiz – Project Integration Management

Demo:

  • Sample Project Charter

SCOPE MANAGEMENT

  • Project Scope vs. Product Scope and their interrelationships
  • Importance of Scope Management Plan in the Project
  • Collect Requirements process
  • Requirement gathering techniques
  • Requirement Traceability Matrix
  • Define Scope Process
  • Project Scope statement – how to prepare and update?
  • WBS – its key role in Project Management
  • Creating and Managing WBS
  • Validate Scope process
  • Scope Validation vs. Quality Control
  • Control Scope process
  • Emerging trends in Scope Management
  • Considerations for Agile – Product Backlog
  • Quiz – Project Scope Management

Demo:

  • Sample WBS

SCHEDULE MANAGEMENT

  • Importance of Schedule Management in a Project environment
  • Plan Schedule Management Process
  • Define Activities process
  • Sequence Activities process
  • Multiple types of dependencies across activities
  • Precedence Diagramming Method
  • Estimating Activity Duration process
  • Various duration estimating procedures – Top-Down, Bottom-up, Analogous, Parametric, Sprint planning meeting etc.
  • The concept of Contingency in Schedule Management
  • Develop Schedule Process
  • The importance of calendars in the Scheduling process
  • The importance of Critical Path in Project Management
  • Critical Path computation and explanation of its characteristics
  • Application of techniques like Fast tracking, Crashing, Resource Optimization, PERT etc in schedule development
  • Use of Modeling techniques in Scheduling
  • Agile Release Planning
  • Schedule baseline
  • Control Schedule process Revision of schedules
  • Control schedule techniques
  • Emerging trends in Schedule Management
  • Quiz – Project Schedule Management

Exercise: Critical Path Method calculations

COST MANAGEMENT

  • The importance of Cost Management in Projects
  • Project Lifecycle costing vs. Product Lifecycle costing
  • Cost Management Plan and its use in Cost control
  • Estimating Costs process
  • Cost Management Plan and its use in Cost control
  • Analogous, Parametric and Bottom-up methods of Cost estimating
  • Determine Budget process
  • Cost Baseline and its management
  • Control costs process
  • Cost and Schedule Performance Indices and their use in Forecasting
  • Emerging trends in Cost Management
  • Cost Management in Agile Methodologies
  • Quiz – Project Cost Management

Exercise: Earned Value calculations

QUALITY MANAGEMENT

  • Project Quality vs. Product Quality
  • Concepts of Quality Management
  • Project Management vis-à-vis Quality Management
  • Current themes in Quality Management
  • Planning Quality Management process
  • Project Quality Management Plan and Process Improvement Plan
  • Manage Quality process
  • Perform Control Quality process
  • Tools of Quality Control – including Control Charts, Cause and Effect diagrams, Stratification, Checklists, Histograms, Scatter diagrams etc.
  • Cost of Quality/ Cost of Non-Quality concepts
  • Emerging Trends in Quality Management
  • Quality Management in Agile
  • Quiz – Project Quality Management

RESOURCE MANAGEMENT

  • Developing Resource Management Plan process
  • Organizational Planning & Structures
  • Description of OBS and RBS
  • RAM and RACI Charts
  • Team Charter
  • Estimate Activity Resources
  • Resource estimation techniques
  • Acquire Resources Process
  • Managing Virtual teams in a Project environment
  • Building effective Project teams
  • Develop Team process
  • Importance of Trainings in Project team development
  • Delegation for effective management
  • Multiple stages of Team Development
  • Manage Team process
  • Interpersonal skills
  • Conflict Handling – multiple models
  • Control Resources process
  • Conducting Performance reviews
  • Trends in HR Management
  • Agile considerations
  • Quiz – Project Resource Management

COMMUNICATION MANAGEMENT

  • Planning Communications Management Process
  • Project Communications structures
  • Communications requirements analysis in the Project environment
  • Communication Channels in a Project
  • Communications Management Plan
  • Sender Receiver models in the Project environment
  • Manage Communications process
  • Communication Methods – Push, Pull and Interactive
  • Monitor Communications Process
  • Reporting Performance
  • Obstacles in cross-cultural communication
  • Trends in Communication Management
  • Agile considerations
  • Quiz – Project Communications Management

RISK MANAGEMENT

  • Risk Management cycle in a Project environment
  • Plan Risk Management process
  • Importance of Risk Management Plan in the Risk Management Lifecycle
  • Types of Risks which can impact a Project
  • Identify Risks process
  • Risk identification facilitators – Brainstorming, Delphi techniques, SWOT Analysis, Documentation Review, Checklist Analysis etc
  • Risk Register preparation and updation
  • Risk report
  • Perform Qualitative Risk Analysis process
  • Probability Impact Matrix and its use in Risk Management
  • Perform Quantitative Risk Analysis process
  • Use of varying Simulation Techniques
  • Application of Decision Tree analysis and Sensitivity Analysis tools to Risk Management
  • Plan Risk Responses process
  • Strategies of Risk response for positive and negative risks
  • Different types of Risks – Primary Risks, Secondary Risks, Residual Risks etc.
  • Implement risk responses process
  • Monitor Risks process
  • Use of Risk Audits and Reserve Analysis for monitoring of Risks
  • Corrective and Preventive Actions in Risk Management process
  • Emerging trends in Risk Management
  • Agile considerations
  • Quiz –Project Risk Management

Demo:

  • Risk Register

PROCUREMENT MANAGEMENT

  • Why Procurement is important for Projects?
  • Procurement Management lifecycle
  • Project Manager’s Procurement Management responsibilities
  • Plan Procurement Management process
  • Make or Buy analysis
  • Major types of Contracts – including FFP, Cost plus, T& M and their variations
  • Risks associated with various types of contracts
  • Importance of Procurement Management Plan
  • Creating Procurement SOW and Bid Documents
  • Conduct Procurement Process
  • Source Selection criteria to analyze vendor responses
  • Source selection process
  • Bidder Conferences
  • Use of Independent Estimates
  • Contract negotiations process
  • Multiple negotiation tactics
  • Contracts – their legal implications
  • Control Procurement process
  • Contract change – how to manage them more effectively
  • Procurement Audit and Inspection
  • Claims administration processes
  • Discharge of contracts
  • Emerging trends in Procurement Management
  • Agile considerations
  • Quiz – Project Procurement Management

STAKEHOLDER MANAGEMENT

  • Stakeholders in Project and their importance
  • Identify Stakeholders Process
  • Conducting Stakeholder Analysis – Power-Interest Grid
  • Creating the Stakeholder Register
  • Plan Stakeholder Engagement Process
  • Stakeholder Engagement Levels
  • Developing Stakeholder Engagement Plan
  • Stakeholder Engagement Assessment Matrix
  • Manage Stakeholder Engagement process
  • Use of interpersonal skills in stakeholder engagement
  • Control Stakeholder Engagement Process
  • Monitoring effectiveness of stakeholder engagement
  • Considerations in Agile
  • Adjusting strategies and engagement modes
  • Trends in Stakeholder Management
  • Quiz: Stakeholder Management

Demo:

  • Stakeholder Analysis
  • Stakeholder Register

PROFESSIONAL RESPONSIBILITY

  • Professional Responsibilities of the Project Manager
  • Professional responsibilities towards
    • Self
    • Profession
    • Stakeholders
    • Society
  • Quiz: Professional Responsibilities