Shared Knowledge is Power - Building a Project Management Community As project managers, we do not deliver. We do not cut code or build bridges. We work with teams and stakeholders to ensure that delivery is done. The job of the project manager is about working with people, breaking down barriers, reducing risk, and managing change. To do this well, it's not about 'know what,' it's about 'know how.' Better access to knowledge-and the support to use it wisely-means faster, cheaper, and higher quality projects. At Fujitsu, our vision is about providing the ability for project managers to share knowledge and experience by interacting with other members of the community, in agile and dynamic client-facing environment. Equally as important is taking that knowledge back into the organisation. This supports the individual in developing their professional career, and supports the organization in improving its project delivery. Understanding your customers' changing organisation is difficult enough. Combined with your own ever-changing organisation and the faster pace of agile project delivery, we need to leverage more than just our own knowledge and experience. A strong project management community driven by knowledge sharing may be the answer you need. The size of your organisation is irrelevant - everyone can benefit from a knowledge based community. It is how you shape the community to meet your needs that will deliver the benefits.Learning Objectives Better access to knowledge-and the support to use it wisely-means faster, cheaper, and higher quality projects.
The course aims to provide an overview of cost control, including the meaning and features of cost control, the cost breakdown structure and cost estimation, various techniques and types of cost estimation, and the meaning and techniques of contingency estimation. Students will learn about the importance of cost control, how to create a cost breakdown structure, different methods of cost estimation, and how to use contingency estimation to manage unexpected costs. This course provides an overview of cost control, including its meaning, features, and importance. Participants will understand the cost breakdown structure and cost estimation, various techniques and types of cost estimation, and contingency estimation. The course covers different methods of cost estimation, how to create a cost breakdown structure, and the importance of regularly monitoring and controlling costs. After the successful completion of the course, you will be able to learn about the following; The meaning and features of cost control. The cost breakdown structure and cost estimation. The various techniques and types of cost estimation. The meaning and techniques of contingency estimation. Effective cost control is crucial for organizations seeking to achieve their goals while managing their financial resources effectively. This course aims to provide participants with an overview of cost control, including its meaning, features, and importance. Participants will learn about the cost breakdown structure and cost estimation, including various techniques and types of cost estimation. The course will cover the use of contingency estimation to manage unexpected costs and the importance of regularly monitoring and controlling costs.Moreover, the course will delve into the different methods of cost estimation, including top-down, bottom-up, and parametric cost estimation. Participants will learn how to create a cost breakdown structure and how to estimate costs accurately based on the scope of the project. The course will be delivered through a mix of theoretical content, practical case studies, and interactive exercises. Participants will work individually and in groups to develop their understanding of cost control and apply their learning to real-life scenarios.By the end of this course, participants will have gained valuable knowledge and skills to become effective cost controllers. They will have a comprehensive understanding of the meaning and features of cost control, the ability to create a cost breakdown structure, accurately estimate costs using different techniques, and use contingency estimation to manage unexpected costs. Participants will be equipped with the knowledge and skills needed to manage their costs effectively and ensure the success of their projects. VIDEO - Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Project Cost Estimation - N Self-paced pre-recorded learning content on this topic. Project Cost Estimation Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience. CEO, Director, Manager, Supervisor Project Managers Project Coordinators Project Analysts Business Analysts Team Leaders Department Managers Executives overseeing projects Consultants Engineers IT Professionals Marketing Managers Human Resources Managers Financial Analysts Operations Managers Supply Chain Managers Product Managers. Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
Blockchain for Project Management Blockchain is not just a buzzword; it is an exciting new technology that allows users to exchange sensitive data without the need for brokers and other third party mediators. Blockchain technology provides a disruptive new method of conducting transactions over the internet and will ultimately change how we do project management. Enabling encrypted, distributed, and secure logging of digital transactions, blockchain is the underlying technology of Bitcoin and other cryptocurrencies. But it is capable of much more and in this session, we will discuss where and how this technology is useful in project management.This session will explore the intersection of blockchain technology and project management. We will discuss the base concepts of blockchain, in particular, the notion of smart contracts and how to apply them to managing project-related activities. Smart contracts are the most transformative blockchain application. For example, a smart contract could be used to register project status reports or some project work performance data. A smart contract could also be used to automatically send a payment to a vendor as soon as a milestone has been met.Experts tell us that blockchain technology is an effective project management platform because it supports superior operational workflow. In this session, you will learn how implementing a blockchain-based project will lower risk, save time, and lower costs. After completing this session attendees will be able to: Understand how blockchain can be applied to project management Explain the basics of blockchain and the technology that make blockchains possible Distinguish between the components of blockchain
Principles and Concepts in Project Management is critical for individuals and organizations to execute projects. This course provides an overview of the principles, importance, and three Ps of project management, along with the roles and responsibilities of a project manager. It covers best practices and tips for managing multiple projects effectively and provides an analysis of environmental factors affecting project management. The course also delves into the project life cycle, its phases, benefits, and nature of work in various industries. Additionally, learners will study project management basics, including steps to creating a foolproof project plan, change management types, and their importance. Through lectures, case studies, and exercises, learners will develop skills to identify, manage and monitor project progress while ensuring project success. Knowing how to manage a project is important for people and companies to get things done. It is importat to know about basic ideas of project management, why it matters, and key things which need to focus on. This course highligt the basics concepts and components of creating a project plan. Through lectures, examples, and practice exercises, you will gain the skills you need to identify, manage, and track the progress of your projects to ensure success. After the successful completion of the course, you will be able to learn about the following; Understand project management principles, importance, and three Ps Demonstrate knowledge of project manager roles and responsibilities Apply tips for managing multiple projects effectively Analyze environmental factors affecting project management Develop a comprehensive understanding of project life cycle and its benefits Create a foolproof project plan and understand change management. Knowing how to manage a project is important for people and companies to get things done. This course teaches you the basic ideas of project management, why it matters, and the three key things you need to focus on. It also explains what a project manager does and how they are responsible for making sure the project runs smoothly. You will learn how to manage multiple projects at once, how to deal with problems, and how to adapt to different situations. You will also learn about the different stages of a project, why they matter, and how they differ across different industries. Finally, you will learn about the basics of creating a project plan and how to deal with changes that might come up along the way. Through lectures, examples, and practice exercises, you will gain the skills you need to identify, manage, and track the progress of your projects to ensure success. VIDEO - Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Principles and Concepts in Project Management - N Self-paced pre-recorded learning content on this topic. Principles and Concepts in Project Management Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience. CEO, Director, Manager, Supervisor Project Managers Project Coordinators Project Analysts Business Analysts Team Leaders Department Managers Executives overseeing projects Consultants Engineers IT Professionals Marketing Managers Human Resources Managers Financial Analysts Operations Managers Supply Chain Managers Product Managers. Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
Master project management with our Project Management: PMBOK, PMI & Project Life Cycle course. Gain in-depth knowledge of PMBOK and PMI standards, effective planning, scheduling, risk management, and more. Ideal for aspiring project managers and professionals seeking advanced skills. Enrol now to enhance your career in project management
A Business Continuity Plan (BCP) is a key organizational tool for ensuring operational continuity during emergencies, encompassing strategies for risk management and timely response. Several courses are available to equip individuals with the necessary skills for effective business continuity management. This course provides a comprehensive exploration of Business Continuity Planning (BCP), emphasizing its critical role in ensuring organizational resilience and preparedness for potential disruptions. Participants will gain valuable insights into the importance of BCP and its impact on organizational stability. The course covers key aspects, including risk assessment, recovery strategies, and communication protocols, enabling participants to develop a robust and effective business continuity plan. After the successful completion of this course, you will be able to: Understand the vital role of BCP in ensuring organizational resilience. Identify crucial elements such as risk assessment, recovery strategies, and communication protocols. Gain insights into the entire BCP process, from risk identification to plan development and testing. Recognize the concept of organizational vulnerability and its significance in assessing potential disruptions. Identify various factors exposing organizations to risks and threats. Analyze and assess business continuity vulnerabilities specific to the organization's operations and industry. Identify the most common risks faced by organizations and understand their potential consequences. Understand the broad impacts of vulnerabilities on business operations, reputation, and financial stability. Learn the importance of conducting a business impact analysis to prioritize critical functions during disruptions. Develop effective strategies for responding to risk vulnerabilities through proactive planning and preparation. Business Continuity Planning equips participants with the knowledge and skills to navigate the complexities of ensuring organizational resilience. From identifying vulnerabilities to developing robust plans, this course empowers individuals to play a key role in maintaining operational continuity, safeguarding reputation, and securing financial stability in the face of disruptions. Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Business Continuity Planning Self-paced pre-recorded learning content on this topic. Business Continuity Planning Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience. Business Continuity Manager Disaster Recovery Specialist Crisis Management Coordinator Risk Assessment Analyst Emergency Response Planner Resilience Strategist Continuity Planning Consultant Crisis Communication Specialist Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
The course covers various aspects of effective project planning, including the use of Product Breakdown Structure (PBS) and Work Breakdown Structure (WBS) to plan a project. It also covers the use of WBS software, and the combination of PBS and WBS. The course also teaches the steps to create a Gantt chart and its practical application through an example. This course provides an in-depth understanding of effective project planning, covering various aspects of project management. course will also cover the use of WBS software and the combination of PBS and WBS to create a comprehensive project plan. By the end of the course, participants will have gained valuable knowledge and skills to develop effective project plans using PBS, WBS, and Gantt charts. This course will cover the following topics related to planning effective projects: Product Breakdown Structure (PBS) Work Breakdown Structure (WBS) WBS software Combining PBS and WBS to plan a project Steps to create a Gantt chart Example of using a Gantt chart This course provides an in-depth understanding of effective project planning, covering various aspects of project management. Participants will learn about the Product Breakdown Structure (PBS) and Work Breakdown Structure (WBS) and how to use them to plan a project. The course will also cover the use of WBS software and the combination of PBS and WBS to create a comprehensive project plan. Additionally, the course will teach participants how to create a Gantt chart, a useful tool for project planning, and provide practical application examples. By the end of the course, participants will have gained valuable knowledge and skills to develop effective project plans using PBS, WBS, and Gantt charts. VIDEO - Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Planning Effective Projects and Work Breakdown Structure Self-paced pre-recorded learning content on this topic. Planning Effective Projects and Work Breakdown Structure Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience. CEO, Director, Manager, Supervisor Project Managers Project Coordinators Project Analysts Business Analysts Team Leaders Department Managers Executives overseeing projects Consultants Engineers IT Professionals Marketing Managers Human Resources Managers Financial Analysts Operations Managers Supply Chain Managers Product Managers. Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
An Uncommon Blend: BRM, Lean & Project Management There are many process frameworks and methodologies that can help generate value. The challenge is not about selecting the 'right one' but with establishing logical points of integration between complementary bodies of knowledge that can lead to the value creation. When thoughtfully combined, Business Relationship Management (BRM), Lean and Project Management frameworks can be used to manage complex situations. From guiding corporate transformation initiatives to the identification/ resolution of challenging problems which effect day-to-day business operations, this uncommon blend can produce impressive results.Learning Objectives In this session, a brief overview of BRM and Lean best-practices will be provided. Create clarity around the greater vision and mission of transformation generating programs Increase relationship maturity between Business Partner & IT Provider that prevented the production of 'waste' Identification of unrecorded work activity that was acknowledged by the means of updated job descriptions or was retired due to unnecessary, non-value-added status Application of BRM techniques that resulted in the creation of performance measurements that matter and continuity between business processes and their enabling IT capabilities
How to Navigate the Real-World Complexity to Drive Delivery Value for the Organization In today's uncertain and shifting global marketplace the project management profession is challenged to deliver consistent, positive results. Despite all the advancements in the PM industry, the failure rate continues to be high. The future of the PMO is 'less about the process and more about progress,' creating sustainable capability and adapting to continuous change. By supporting the implementation of strategic programs, Joanna Durand will share her experiences in defining the EPMO's role in driving delivery value for the organization. You will learn: How to position the EPMO in delivering organizational value How to define and build the core capabilities that support and sustain long-range strategic objectives How to leverage the EPMO to build the overall PMO maturity and achieve strategic objectives
Masterclasses? Refreshers? Introductions? It depends what you're looking for and where you want to pitch them, but here are six tried-and-tested highly focused sessions that organisations can take individually or as a series, to help develop their teams' project management capabilities one topic at a time. Objectives for each individual session are set out below, as part of the session outlines. Taken together, as a series, however, these modules are an ideal opportunity to develop your team's levels of project management capability maturity, whether that's by introducing them to the basic principles, refreshing them on best practice, or giving them the opportunity to really drill down into a specific area of challenge in your particular operating environment. Session outlines 1 Stakeholder management Session objectives This session will help participants: Understand why stakeholders matter to projects Be able to identify and engage stakeholders Be able to categorise stakeholders by their significance 1 Key principles What does 'stakeholder' mean - in theory? What does this mean in practice? Why stakeholders matter Consequences of missing stakeholders The stakeholder management process:IdentifyAssessPlanEngage 2 Identifying stakeholders Rapid listing CPIG analysis PESTLE analysis Drawing on the knowledge and experience of others Other ways to identify stakeholders 3 Assessing stakeholders Which stakeholders are significant? Stakeholder radar Power-interest maps Power-attitude maps 4 Planning The adoption curve Dealing with obstacles Who should engage which stakeholder? How should the project's organisation be structured? How will communication happen? 5 Engaging Seven principles of stakeholder engagement 2 Requirements and prioritisation Session objectives This session will help participants: Understand how clarity of requirements contributes to project success Use different techniques for prioritising requirements Agree requirements with stakeholders Manage changes to requirements 1 Understanding and managing stakeholder needs and expectations What are 'requirements'? What is 'requirements management'? Sources of requirements - and the role of stakeholders Are stakeholders sufficiently expert to specify their needs? Do they understand the detail of what they want, or do they need help to tease that out? What do stakeholders want to achieve? Working within constraints Prioritising requirements - three techniques 2 MoSCoW prioritisation 'Must have', should have', 'could have, 'won't have this time' When to use MoSCoW 3 The Kano Model Customer satisfaction - 'attractive' and 'must-be' qualities When to use Kano 4 Value-based prioritisation Understanding risk v value Using risk v value to prioritise features and schedules 5 Agreeing requirements Perfect v 'good enough' Establishing acceptance criteria Requirements traceability Agreeing project scope 6 Changing requirements Why requirements change Why change control matters Impact on projects A formal change control process Paying for change - managing change for different types of project 3 Estimating Session objectives This session will help participants: Understand the different purposes estimates satisfy Be able to use different estimating techniques Understand how to achieve different levels of accuracy 1 Key principles What's an estimate? Informed guesswork What needs to be estimated? Costs, resources, effort, duration Tolerances Precision v accuracy 2 Estimating through the lifecycle Start Plan Do 3 Early estimates Comparative ('analogous') estimating Parametric estimating Using multiple estimating techniques 4 Bottom-up estimating Bottom-up ('analytical') estimating Pros Cons 5 Three-point estimating Three-point ('PERT': Programme Evaluation and Review Technique) estimating Uncertainty and the range of estimates Calculating a weighted average Three-point with bottom-up 4 Scheduling Session objectives This session will help participants: Understand how to create a viable schedule Be able to use different forms of schedule Understand the concept of the critical path 1 Key principles The planning horizon Rolling wave planning Release planning 2 Viable scheduling Creating a viable schedule Define the scope Sequence the work Identify the risks and build in mitigations Identify the resources Estimate the effort and durations Check resource availability Refine until a workable schedule is produced 3 Critical path analysis The critical path Network diagrams Sequence logic Practical application:Network diagram with estimated durationsThe 'forward pass'The 'backward pass'Calculating total floatIdentifying the critical pathCalculating free float Gantt charts 5 Risk and issue management Session objectives This session will help participants: Understand the difference between risks and issues Be able to identify and assess risks Understand ways of mitigating risks Manage issues 1 Key principles Understanding risk Threats and opportunities The risk management processPreparation - proactive risk managementThe process - identify, assess, plan, implementStakeholder communication Roles and responsibilities Risk management strategy The risk register Risk appetite 2 Risk identification Brainstorming Interviews Assumption analysis Checklists 3 Risk assessment and prioritisation Probability, impact and proximity Triggers Qualitative risk assessment Qualitative impact assessment Qualitative probability assessment Probability / impact grid Bubble charts Risk tolerance 4 Planning countermeasures To mitigate or not to mitigate? Categories of risk response Avoid and exploit Reduce and enhance Transfer Share Accept Contingency Secondary risks 5 Issue management What is an issue? Tolerances Issues and tolerances The PRINCE2 view of issues Ownership of issues An issue management process Issue register 6 Budgeting and cost control Session objectives This session will help participants: Understand what to include in a budget - and why Choose - and use - the appropriate estimating technique Align the budget with the schedule Understand how to monitor spend and control costs Trouble-shoot effectively to get projects back within budget Session format Flexible. The session can be tailored to the participants' average level of project management maturity - a 60-minute session (delivered virtually) is an effective introduction. A 90-minute session allows for more in-depth treatment. A half-day session (face-to-face or virtual) gives time for a more challenging workshop, particularly to discuss specific cost control issues with any of the participants' current projects. 1 Where is the money coming from? Can we pay from revenue? Do we need to borrow? How long will the project take to pay back? The lifecycle of the budget Through-life costs Stakeholder involvement 2 Estimating costs Reminder: the relationship between estimates Reminder: possible estimating techniques What do we need to estimate?PeopleEquipmentMaterialsFacilities and operating costsWork package estimateEstimated project costs Estimating agile projects 3 Aligning budget and schedule Scheduling and financial periods Spreading the budget 4 Reserves and agreeing the budget Contingency reserve Management reserve Agreeing the budget 5 Cost control Planned spend over time Actual spend over time Work completed over time Evaluating different scenarios: delivery v spend 6 Trouble-shooting Why are we where we are? What has caused the project to spend at the rate it is? Why is it delivering at the rate it is? What are the root causes? What can we do about it?