PMP® FAST TRACK

INTRODUCTION

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

• The Agile Mindset – Values & Principles

• Various Agile Approaches

• When to use Agile

• Transitioning to Agile

• Mixing Agile Approaches

• Agile Events – Iteration Planning, Daily Stand-ups, Iteration Review, Retrospective

• Scrum Roles - Product Owner, Scrum Master, Agile Team

• Time boxing

• Agile Triple constraint theorem

• 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

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

• Monitoring in Agile - Kanban board, WIP Limits, Cumulative Flow Diagram (CFD)

• 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

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

• Product Backlog

• Product Roadmap

• Epics/Feature/Story, Story cards, Definition of Done (DoD)

• Product Vision

• Requirement Prioritization

• Backlog Grooming

• 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

• Quiz – Project Scope Management

​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

• Agile Estimation – Relative Sizing and Story Points

• T-Shirt sizing, Planning Poker

• 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

• Minimum Viable Product (MVP)

• Agile Release Planning

• Velocity

• Schedule baseline

• Control Schedule process Revision of schedules

• Control schedule techniques

• Burn-up and Burn-down Charts

• 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

​

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

• Agile common Execution Practices - Continuous Integration, Test Driven Development, using Spikes, Pair programming, Refactoring, Automated Testing

• 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

• Servant Leadership

• Servant Leader responsibilities

• Role of PM in Agile

• Agile Teams

• Agile Roles

• Emotional Intelligence

• 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

• Information Radiators

• Kanban Board

• WIP Limits

• 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

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 Procurements 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 Procurements 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

• Adjusting strategies and engagement modes

• Considerations in Agile

• Trends in Stakeholder Management

• Quiz: Stakeholder Management

​

PROFESSIONAL RESPONSIBILITY

• Professional Responsibilities of the Project Manager

• Professional responsibilities towards

  • Self

  • Profession

  • Stakeholders

  • Society

• Quiz: Professional Responsibilities