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Project Management: Principles and Performance Domains

Price
590 USD
2 Days
VS-s2339
Classroom Training, Online Training
Other

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  • Date: 18-Nov-2024 to 19-Nov-2024
    Time: 9AM - 5PM US Eastern
    Location: Virtual
    Language: English
    Delivered by: LearnQuest
    Price: 590 USD
  • Date: 13-Jan-2025 to 14-Jan-2025
    Time: 9AM - 5PM US Eastern
    Location: Virtual
    Language: English
    Delivered by: LearnQuest
    Price: 590 USD
  • Date: 10-Mar-2025 to 11-Mar-2025
    Time: 9AM - 5PM US Eastern
    Location: Virtual
    Language: English
    Delivered by: LearnQuest
    Price: 590 USD
  • Date: 5-May-2025 to 6-May-2025
    Time: 9AM - 5PM US Eastern
    Location: Virtual
    Language: English
    Delivered by: LearnQuest
    Price: 590 USD
  • Date: 30-Jun-2025 to 1-Jul-2025
    Time: 9AM - 5PM US Eastern
    Location: Virtual
    Language: English
    Delivered by: LearnQuest
    Price: 590 USD
View Global Schedule

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

This two-day workshop will help you teach participants how to:
  • 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

Audience


 

Prerequisites


     

Topics

Course Overview
  • 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.
ANSI Standard and PMBOK 7 Guide Overview
  • 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.
Value Delivery System and Environmental Factors
  • 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.
Project Management Principles
  • 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.
Performance Domain – Stakeholders
  • 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.
Performance Domains – Team
  • 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.
Performance Domains – Development and Life Cycle
  • 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.
Performance Domain – Planning
  • 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.
Performance Domain – Project Work
  • 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.
Performance Domain – Delivery
  • 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.
Performance Domain – Measurement
  • 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.
Performance Domains – Uncertainty
  • 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.
Workshop Wrap-Up
  • At the end of the course, students will have an opportunity to ask questions and fill out an action plan.
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