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Project Management: Principles and Performance Domains
Course Description
Overview
Project management has evolved over the past few years due to emerging technology, new approaches (predictive, traditional, adaptive, Agile, hybrid, etc.) and rapid market changes. To reflect this evolution, the Standard for Project Management and Project Management Body of Knowledge (PMBOK) Guide Seventh Edition is quite different from previous versions. It outlines 12 project management principles, eight performance domains, tailoring and project models, methods, and artifacts.This two-day course will look at project value delivery systems, environmental factors, and governance in project management. It will define portfolios, programs and projects and give an overview of the project management principles and performance domains.
Objectives
- Relate principles and performance domains to a project management approach
- Understand what internal and external environmental factors are
- Identify and foster high-performing teams
- Describe cadence and tailoring
- Understand the importance of metrics to measure outcomes and results
- Know the life cycle and phases of a project
- Illustrate what predictive approaches and incremental approaches are
- Explain the difference between cost of quality and cost of change
- Understand the concept of uncertainty and its significance to projects
Topics
- You will spend the first part of the day getting to know participants and discussing what will take place during the workshop. Students will also have an opportunity to identify their personal learning objectives.
- In this session we will define portfolios, programs and projects and explore what it means to manage a project. Then we will introduce project Principles and Performance Domains and discuss the changes in the ANSI Standard and BMBOK from previous versions.
- In this session we will start by describing value and value delivery systems and then we will explore project internal and external environmental factors. We will finish off by looking at common functions of project governance.
- In this session we will study the 12 project management principles stewardship: team, stakeholders, value, systems thinking, leadership, tailoring, quality, complexity, risk, adaptability and resilience and change.
- In this session we start by defining key terms and then look at ways to actively manage stakeholder expectations. We will then look at a communication plan case study and complete one for a fictional company.
- In this session we start by defining key terms and then examine team management by looking at team leadership functions and models with an emphasis on Servant Leadership. We will then explore ways to develop high-performing teams and develop the leadership skills of team members.
- In this session we start by defining key terms and then talk about project cadence, and study popular project management methodologies. Next, we look at life cycles for predictive, iterative and incremental, and adaptive projects.
- In this session we start by defining key terms and then we explore planning approaches to projects based on the development approach, and then look at project delivery, estimating, schedule development and budget. We end by looking at project team composition and structure.
- In this session we start by defining key terms and then investigate lean project processes and how to lead project realization. We then take a look at procurement, monitoring new work and changes, as well as learning throughout the project.
- In this session we start by defining key terms and then talk about delivery of value and project deliverables. We then focus on the cost of quality and cost of change, with a view toward suboptimal outcomes.
- In this session we start by defining key terms and then explore performance measures by studying how to establish effective measures and create SMART KPIs. We then see various ways to present project information. Finally, we discover measurement pitfalls, troubleshooting performance, and how to grow and improve.
- In this session we start by defining key terms and then delve into the sometimes under-appreciated effects of uncertainty on project performance by looking at general uncertainty, ambiguity, complexity, volatility, and risk.
- At the end of the course, students will have an opportunity to ask questions and fill out an action plan.
Related Courses
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Project Scope and Risk Management
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- Delivery Format: Classroom Training, Online Training
- Price: 1,400.00 USD
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Project Time and Schedule Management
PMPM-145- Duration: 2 Days
- Delivery Format: Classroom Training, Online Training
- Price: 1,400.00 USD
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