Fundamentals of Project Management

Overview

Fundamentals of Project Management offers a comprehensive introduction to the key principles and practices necessary to lead successful projects. You will learn how to navigate each phase of the project lifecycle, from initiation and planning to execution and closure. This course provides hands-on experience with essential tools like Work Breakdown Structures (WBS), scheduling, budgeting, and critical path analysis. What makes this course unique is its practical focus, exemplified through real-world scenarios like the PickPOCIT case study, where you'll apply your knowledge to simulate the role of a project manager. Whether you're new to project management or seeking to enhance your skills, this course equips you with the strategies and confidence needed to deliver projects on time and within budget. By the end, you'll be prepared to handle complex project challenges and drive successful outcomes in any industry.

Syllabus

Course Introduction

In this course, you'll gain a foundational understanding of project management, exploring the concepts, processes, and functions essential for successful project execution. You'll learn what it takes to manage a project from initiation to completion, including key skills needed to be an effective project manager. This course will set clear expectations for student performance, ensuring you are well-prepared to meet the demands of project management in any professional environment.

Introduction to Project Management

In this module, you'll gain a solid understanding of the fundamentals of project management, including key concepts, processes, and essential skills necessary for successful project execution.

Project Lifecycle: Initiation, Staffing & Planning

In this module, you'll explore the critical role of the Project Manager (PjM) throughout each phase of a project. You'll examine the distinct characteristics, authority, and responsibilities that define a PjM. Additionally, the module will contrast the role of a project manager with that of a functional manager within a matrix organization. Emphasis will be placed on practical application through team-based exercises focused on the PickPOCIT scenario.

Statement of Work; Work Breakdown Structure

In this module, you'll focus on essential project planning techniques, including writing a Statement of Work (SOW) and applying hierarchical decomposition to project tasks. You'll learn to create and utilize various forms of a Work Breakdown Structure (WBS), identify common pitfalls in WBS development, and apply best practices to prepare a comprehensive WBS for your project.

Scheduling; Estimation, Resources, and Budget; Finance and Contracts; Critical Path; Project Management IT Tools

In this module, you'll learn how to schedule Work Breakdown Structure (WBS) elements, estimate time and budget, and perform critical path analysis. The module covers the preparation and analysis of project work schedules, budgeting processes, common pitfalls in budget estimation, and appropriate contract structures.