Project Management Professional

Program Title: Project Management Professional (PMP)

Duration: 5 Days

Program Overview

This instructor-led program will not only help participants prepare for the PMP certification exam, but will also expose them to case studies and examples from the fields of project risk and scope management, estimation and planning. Participants will also develop a number of auxiliary project management skills, such as leadership, negotiation, communication and conflict resolution.

Focusing on the generally accepted practices of project management, and recognized by the Project Management Institute, Inc. (PMI®), this program offers you a standards-based approach to successful project management across application areas and industries.

Target Audience

This course is designed for experienced project managers who desire to increase their project management skills and apply a standards-based approach to project management.

You Will Learn How To

Initiate a project
Define project scope
Develop schedule and cost performance baselines for a project
Plan project quality, staffing, and communications
Analyze project risks
Define project procurement requirements
Execute the project
Control the project
Close the project

Program Outline

Module 1: Introduction and PMP Exam overview

Learn about the PMI application process
Overview the PMP Exam details
Learn exam-taking tools and techniques
How to enroll in the PMP exam
Identify exam preparation key methodologies

Module 2: The Project Management Framework

Define what a project is and what project management is
Understand the 9 project management knowledge areas
Define a project life cycle
Identify and define project stakeholders
Specify influences of organizational structures on project management
Highlight the skills required for a project manager
Define the Project Manager’s responsibilities
Identify social-economic environmental influences to projects
Define the 5 process groups of project management

Module 3: Project Integration Management

Highlight methods for project selection
Define the elements and importance of the project charter
Understanding the creation and use of preliminary scope statement
Identify project constraints
Define the project manager’s role as integrator
Control ~gold plating” through work authorization
Understand the value of documenting lessons learned for Organizational Process Assets
Create a project plan
Define the Execution of the project plan
Know the use of baselines to monitor the progress of the project
Define integrated change control
Administrative closure

Module 4: Project Scope Management

Development of a scope management plan.
Development of a Work Breakdown Structure (WBS).
Implementing scope verification.

Module 5: Project Time Management

Methods for developing a schedule
Resource Planning
Activity List creation and estimation
Developing network diagrams (CPM, PDM and ADM charts)
Using dependencies
Calculating the critical path(s) for the project
Calculating slack
Crashing and fast tracking a project
Resource leveling
Developing a schedule management plan
Use of CPM, and Monte Carlo to estimate the duration of the project
Schedule Control

Module 6: Project Cost Management

Cost estimating through analogous estimating, bottom up estimating, parametric estimating and computerized estimating tools
Earned value analysis
Precision of estimates
Understanding Present Value, Net Present Value, Internal Rate of Return, Payback Period, Benefit Cost Ratio and Opportunity Cost
Variable Cost, Fixed Costs, Direct Cost and Indirect Cost
Project Life Cycle Costing
Cost budgeting
Value Analysis
Cost control

Module 7: Project Quality Management

Responsibility for quality
Impacts of poor quality
Tools used for Quality Management Planning
Developing a Quality Management Plan
Implementing Quality Assurance
Quality Control through Fishbone Diagram, Pareto Diagram, and Control Charts

Module 8: Project Human Resources Management

Roles and responsibilities for project manager, team members, project sponsor and management
Organizational planning
Staff acquisition
Developing a responsibility chart
Team building
Leadership skills
Human resource constraints
Conflict management and resolution

Module 9: Project Communication Management

Developing a communications plan
Communication methods
Communication blockers
Performance reporting

Module 10: Project Risk Management

Developing a risk management plan
Techniques for identifying risks
Risk register
Categorizing risks
Qualitative risk analysis
Quantitative risk analysis
Using a decision tree
Understanding what-if analysis
Developing a risk response plan
Risk response strategies
Risk monitoring and control. Exam Practice Questions and Solutions Class Discussion

Module 11: Project Procurement Management

Procurement planning
Advantages and disadvantages of contract type selection
Statement of work
Solicitation planning
Solicitation
Source selection
Negotiation
Contract administration
Contract change control
Contract close-out

Module 12: Project Management Ethical Responsibility and Code of Conduct

Exam Practice Questions and Solutions Class Discussion