Course #
16:137:601
Credits
3
Course Objectives
Project Management Fundamentals
- The discipline and profession of project management (w/ PMP framework)
- To address the role of the project manager (The Art and Science)
- How to build and manage a successful project team and organization
- To assess approaches of structuring organizations (i.e. PMO)
- To develop a strategic business perspective of the management of projects
- Project Management Approaches - SDLC & Agile Development Methodology
- Project Process Groups (Initiating, Planning, Executing, Monitoring\Controlling and Closing) - Concepts from the Project Management Professional (PMP)
Strategic Management
- Identify and analyze project risks and develop contingency plans for those risks
- The “Human Side” of project management – the People!
- Analyze the impact of variability in project tasks and plans
- Apply quantitative measures of project progress and tracking
- Business Process Improvement - Waste, optimization and business value
- Application of Lean Six Sigma Concepts (DMAIC) & Lean Thinking
- Future trends, challenges and opportunities in project management
Analytics and Tools
- Introduce innovative frameworks, concepts and tools available for strategically managing projects in organizations
- Build project selection models - Case Development (i.e. ROI, NPV & Pay Back)
- Project Value Management - understanding the limitations of traditional approaches to project management
- Develop a project strategy to maximize the project’s value for key stakeholders and shareholders. Select the appropriate set of tools to manage projects strategically during their planning and execution