Course Overview

This course provides the ground work for the organization's execution team to start applying PMI methodology. In addition, it clears the road for delegates to prepare for the CAPM certification examination.

Course Duration

By the end of the course, attendees will:

• Understand the philosophy behind having a project management methodology based on PMI best practices.
• Understand the tools and techniques applied for successful project management
• Practice application of common project management tools
• Recognize most common project pitfalls
• Understand and use vocabulary of project management
• Start application of project management methodology for own organization

Course Content

• Project Definition
• Common Vocabulary
• Organizational structures with respect to project management
• Project Cycle & Project Management Cycle
• PMBOK knowledge areas and processes for project management
• Pre-control planning
• Project selection
  •  Selection methods
  • Cost-benefits analysis
  • Benefit-Cost Ratio
  • Payback Period / Break Even Analysis
  • Net Present Value / Discounted Cash Flow
  • Internal Rate of Return
  • Economic Value Added
• Project initiation
• Project team selection and formulation
• Project planning
  • Project integration planning
  • Scope planning
  • Time planning
  • Cost planning
  • Quality planning
  • HR planning
  • Communications planning
  • Risk planning
  • Procurement planning
• Project Execution
• Project monitoring & control
  • Earned Value Management
• Corrective Action
  • Steps to corrective action