PMP Fast Track (Weekend Batch)

8,000.00

Date & Time

August 01-02 & August 08-09

8:30 AM to 5:30 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