Project Management Tutorial | Fundamentals of Project Management | PMP® Training Videos | Edureka

1. PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

2. Topics For Today’s Discussion What Is A Project? Project Management Advantages of Project Management Skills Required For Project Manager Project Management Phases Project Knowledge Areas & Processes PM Methodologies PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

3. What Is A Project? Copyright © 2018, edureka and/or its affiliates. All rights reserved.

4. What is a Project? PROJECT Timeline Project has a fixed timeline with definite start and end points PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

5. What is a Project? PROJECT Timeline Project has a fixed timeline with definite start and end points Resources Project has defined and limited resources PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

6. What is a Project? PROJECT Timeline Project has a fixed timeline with definite start and end points Resources Project has defined and limited resources Tools Special tools and techniques are used for Project Management PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

7. What is a Project? PROJECT Timeline Project has a fixed timeline with definite start and end points Resources Project has defined and limited resources Tools Team Special tools and techniques are used for Project Management Project needs a diverse team stretching across departments & functions PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

8. Project Why Project starts? PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

9. Project Why Project starts? Demand in market Strategic Opportunity Customer Requirement Technology Advancement Legal Requirement PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

10. Project Why Project starts? Demand in market Why Project ends? Strategic Opportunity Customer Requirement Technology Advancement Legal Requirement PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

11. Project Objectives are acquired Why Project starts? Objectives won’t be/ can’t be met Demand in market Why Project ends? Strategic Opportunity Customer Requirement Technology Advancement Legal Requirement PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

12. Projects vs Operations Projects ▪ Projects are temporary endeavour ▪ Operations are routine activities ▪ Projects have definite start and end ▪ Operations are on-going processes ▪ Tasks are unique to a project ▪ Tasks are repetitive and cyclical ▪ Purpose is to achieve a unique goal ▪ Purpose is to sustain the business Operations Operation PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

13. Project Management Copyright © 2018, edureka and/or its affiliates. All rights reserved.

14. Project Management ❑ Application of processes, methods, knowledge, skills and experience to achieve objectives of a unique project is known as Project Management ❑ It helps in properly carrying out all the processes involved, starting from the conception till the completion of the project PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

15. 6 P’s of Project Management lanning roper revents oor roject erformance PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

16. Project Management Diamond Traditional Triple Constraints of Project Management Project Management Diamond Time Time Cost Quality Expectations Quality Cost Scope Scope PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

17. Advantages Of Project Management Copyright © 2018, edureka and/or its affiliates. All rights reserved.

18. Advantages 1 6 Better Efficiency Service Expansion 2 7 Increases Customer Satisfaction Improves Flexibility 3 8 Enhanced Efficacy Effective Risk Management 4 5 9 10 Better Team Work Enhanced Quantity Greater Competitive Edge Improved Quality PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

19. Skills Required For Project Manager Copyright © 2018, edureka and/or its affiliates. All rights reserved.

20. Skills Required Communication Negotiation Leadership Personal Organization Team Management Risk Management PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

21. Project Management Phases Copyright © 2018, edureka and/or its affiliates. All rights reserved.

22. Project Management Phases 01 03 05 Initiation Phase Execution Phase Closing Phase In this phase, a decision making team will identify if the project can realistically be completed In this phase, resources' tasks are distributed and teams are informed of responsibilities In this phase, an evaluation is done to highlight the project success and/or learn from project history Planning Phase Monitor & Control Phase In this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed In this phase, the project managers adjust the schedules and do what is necessary to keep the project on track 02 04 PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

23. Project Management Phases 01 Activities involved In this phase Initiation Phase Planning Phase Well Defined Scope Statement 02 03 Execution Phase Identification Of Project Stakeholders Monitor & Control Phase 04 05 Ensuring Resource Availability Closing Phase PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

24. Project Management Phases 01 Popular methods for setting goals Initiation Phase Planning Phase S M A R T 02 03 Execution Phase Specific Measurable Attainable Realistic Timely Monitor & Control Phase C L E A R 04 05 Closing Phase Collaborative Limited Emotional Appreciable Refinable PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

25. Project Management Phases 01 Tasks to be completed during the Execution Phase Initiation Phase Planning Phase ✓ Develop team ✓ 02 Assign resources 03 ✓ Execute project management plans Execution Phase ✓ Procurement management if needed ✓ PM directs and manages project execution Monitor & Control Phase ✓ Set up tracking systems 04 ✓ Task assignments are executed 05 ✓ Status meetings Closing Phase ✓ Update project schedule ✓ Modify project plans as needed PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

26. Project Management Phases 01 5 KPIs to measure project performance Initiation Phase Planning Phase 02 03 01 03 05 Quality Deliverables Cost Tracking Execution Phase Monitor & Control Phase 02 04 04 Project Objectives Effort Tracking Project Performance 05 Closing Phase PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

27. Project Management Phases 01 Processes in this phase Initiation Phase Planning Phase Scope Verification Contract Close Out Project Closure 02 03 Execution Phase Monitor & Control Phase 04 05 Closing Phase PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

28. Knowledge Areas And Processes Copyright © 2018, edureka and/or its affiliates. All rights reserved.

29. Knowledge Areas And Processes Project Management PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

30. Project Management Methodologies Copyright © 2018, edureka and/or its affiliates. All rights reserved.

31. Project Management Methodologies Waterfall Rapid Application Development PRINCE2 Six Sigma Outcome Mapping 02 04 06 08 10 01 03 05 07 09 Agile Scrum New Product Integration Kanban DMAIC PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp