Strategic Initiative Project Management: Using Projects to Create Business Value The business side of projects has grown significantly. Project management is used on projects related to strategic planning, and project managers are reporting to the senior-most levels of management and even into corporate boardrooms. Traditional project management practices that have existed for decades may not be appropriate for strategic initiative projects. Project managers must learn how to use a new family of metrics capable of measuring business value, creativity and innovation. Executives that sit on project governance committees or are part of the Portfolio Project Management Office must understand how to use these new metrics to make informed decisions. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs. Each professional development activity yields one PDU for one hour spent engaged in the activity. Some limitations apply and can be found in the Ways to Earn PDUs section that discusses PDU activities and associated policies. Fractions of PDUs may also be reported. The smallest increment of a PDU that can be reported is 0.25. This means that if you spent 15 minutes participating in a qualifying PDU activity, you may report 0.25 PDU. If you spend 30 minutes in a qualifying PDU activity, you may report 0.50 PDU.
Strategic Initiative Project Management: Using Projects to Create Business Value The business side of projects has grown significantly. Project management is used on projects related to strategic planning, and project managers are reporting to the senior-most levels of management and even into corporate boardrooms. Traditional project management practices that have existed for decades may not be appropriate for strategic initiative projects. Project managers must learn how to use a new family of metrics capable of measuring business value, creativity and innovation. Executives that sit on project governance committees or are part of the Portfolio Project Management Office must understand how to use these new metrics to make informed decisions. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs. Each professional development activity yields one PDU for one hour spent engaged in the activity. Some limitations apply and can be found in the Ways to Earn PDUs section that discusses PDU activities and associated policies. Fractions of PDUs may also be reported. The smallest increment of a PDU that can be reported is 0.25. This means that if you spent 15 minutes participating in a qualifying PDU activity, you may report 0.25 PDU. If you spend 30 minutes in a qualifying PDU activity, you may report 0.50 PDU.
Work Breakdown Structures: Virtual In-House Training It's amazing how often project managers begin the project planning process by making an outlined list of every task they believe will be required to complete a project and then proclaim they have created the work breakdown structure (WBS) for the project. The result is a list of hundreds, or even thousands of tasks, many of them having durations of a few days or a few hours. Essentially, what they have done is create a 'to do' list, which they then use as a 'checklist' to measure progress. This approach leads to, and even encourages, micromanagement of the resources working on the project without consideration of more critical aspects of project management such as: requirements management, risk management, procurement management, estimating, scheduling, executing, and controlling. Further, it makes it impossible to see the big picture, at levels of detail, in keeping with the needs of sponsors, clients, project and functional managers, team leaders, and project performers. Join us for this exciting program and learn how to use the WBS to make better-informed business decisions. What You Will Learn You will learn how to: Describe the need for a project WBS Describe the WBS role in the project Gain practical experience in the development, decomposition, and use of the WBS Determine the appropriate level of detail in the WBS. Explain how the WBS integrates with project requirements, risk, procurement, estimating, scheduling, and overall project execution. Provide the basic tools to enhance efficient re-use of key information in your future projects Foundation Concepts Key definitions History of the WBS Importance of the WBS Overall structure Terminology Other breakdown structures WBS tools WBS & Scope Project scope management processes Specification of the project objectives WBS design based on project deliverable WBS decomposition process and 'The 100% rule' Work Packages and Control Accounts WBS & Risk Risk management planning and WBS Risk identification to enhance the WBS Risk analysis and the WBS Risk responses and updating the WBS Implementing risk response and Monitoring risks and the WBS WBS & Estimating Use of WBS in the estimating process Components and work packages Sizing and algorithmic estimates WBS & Scheduling Component Scheduling - High-Level Milestones WBS activity decomposition WBS elements dependencies Work Package Level Schedules Responsibility assignment matrix WBS & Execution and Control Earned Value Management and tracking of work performance Progress reports, forecasts, and corrective and preventive actions used to manage work performance Necessary information to close out a project
***24 Hour Limited Time Flash Sale*** Project Management with Agile Scrum - Endorsed Certificate Admission Gifts FREE PDF & Hard Copy Certificate| PDF Transcripts| FREE Student ID| Assessment| Lifetime Access| Enrolment Letter Unearth the thrilling world of Project Management with our superior bundle: Project Management with Agile Scrum Level 5 & 7 at QLS. This meticulously curated bundle encapsulates two QLS-endorsed courses, Agile Scrum Master and Project Management, fortified by five additional CPD QS accredited courses: Quality Management and Strategic Training - ISO 9001, Strategic Management, Financial Modelling for Decision Making and Business Plan, Team Management, and Diploma in Leadership. Embark on an exploratory journey into the theoretical realms of Agile Scrum and Project Management. Unravel the intricacies of quality management in line with ISO 9001, strategic management, financial modelling, and team management. Immerse yourself in the dynamics of effective leadership, all within the confines of this comprehensive bundle. Recognized certification awaits you at the end of this journey, with two QLS-endorsed courses furnishing you with a hardcopy certificate upon completion. The added value of five CPD QS accredited courses will undeniably enrich your professional growth and recognition. Step into the realm of Project Management and Agile Scrum with our exemplary course bundle. This bundle comprises the following courses: QLS Endorsed Courses: Course 01:Diploma in Agile Scrum Master Training at QLS Level 5 Course 02:Advanced Diploma in Project Management at QLS Level 7 CPD QS Accredited Courses: Course 03: Quality Management and Strategic Training - ISO 9001 Course 04: Strategic Management Course 05: Financial Modelling for Decision Making and Business plan Course 06: Team Management Course 07: Diploma in Leadership Learning Outcomes Upon completion of this Project Management with Agile Scrum Level 5 & 7 at QLS bundle, learners will: Grasp the theoretical foundations of Agile Scrum and Project Management. Comprehend the principles and standards of ISO 9001 for Quality Management. Develop a deep understanding of Strategic Management. Learn about financial modelling for decision making and business planning. Gain insights into effective Team Management. Understand leadership dynamics from a theoretical perspective. Be equipped to apply these theories to real-world scenarios. Obtain certified recognition through QLS-endorsed courses. This intensive bundle dives into the theoretical realms of Agile Scrum and Project Management, supplemented by a broad range of additional subjects that add value to your learning journey. Understanding these topics, learners will develop a deep understanding of ISO 9001 quality management standards, strategic management principles, and financial modelling. These key insights will equip learners with the ability to make informed business decisions and manage teams effectively. The benefits of undertaking these courses are innumerable, with learners acquiring theoretical knowledge in leadership dynamics, quality management, and Agile Scrum methodology. With QLS-endorsed courses providing certified recognition, learners can further enhance their professional credentials, leading to a broader range of opportunities in their chosen field. CPD 300 CPD hours / points Accredited by CPD Quality Standards Who is this course for? This Project Management with Agile Scrum Level 5 & 7 at QLS bundle is suitable for: Aspiring Agile Scrum Masters and Project Managers. Professionals looking to enhance their knowledge in quality and strategic management. Individuals interested in learning financial modelling for business planning. Those seeking theoretical knowledge in team management and leadership. Career path Agile Scrum Master, average salary in the UK: £55,000 - £65,000 per annum. Project Manager, average salary in the UK: £37,500 - £47,500 per annum. Quality Manager, average salary in the UK: £35,000 - £45,000 per annum. Strategic Manager, average salary in the UK: £60,000 - £70,000 per annum. Financial Modelling Analyst, average salary in the UK: £45,000 - £55,000 per annum. Certificates Digital certificate Digital certificate - Included Hard copy certificate Hard copy certificate - Included
PMI-RMP® Exam Prep: Virtual In-House Training This course is aimed at preparing the participant to pass the PMI-RMP® (Risk Management Professional) exam. The course will also provide practical tips and tools that can be used in any organization's project management risk practices. In this expanded session, you will also have time to practice your exam taking skills with coaching from a credentialed instructor. The course includes the tool RMP-IQ, with sample exam questions to practice for the exam and allow participants to see their knowledge level in the various domains. What You Will Learn At the end of this course, participants will be able to: Explain the value and benefits of the PMI-RMP® credential Perform a self-assessment of your knowledge and skills Prepare a study plan that will allow you to pass the exam Foundation Concepts The Risk Management Professional (PMI-RMP®) Exam PMI's Standard for Risk Management Portfolios, Programs and Projects Key risk definitions Risk management life cycle Levels of Risk Management Enterprise Risk Management Portfolio Risk Management Program Risk Management Project Risk Management Risk Strategy and Planning: Part 1 Task 1: Perform a preliminary document analysis Task 2: Assess project environment for threats and opportunities Task 3: Confirm risk thresholds based on risk appetites Risk Strategy and Planning: Part 2 Task 4: Establish risk management strategy Task 5: Document the risk management plan Task 6: Plan and lead risk management activities with stakeholders Agile, programs, and portfolio aspects of risk strategy and planning Risk Identification: Part 1 Objectivity and bias Task 1: Conduct risk identification exercises Risk Identification: Part 2 Task 2: Examine assumption and constraint analysis Task 3: Document risk triggers and thresholds based on context / environment Task 4: Develop risk register Agile, programs, and portfolio aspects of risk identification Risk Analysis: Part 1 Task 1: Perform qualitative analysis Risk analysis in an agile environment Risk Analysis: Part 2 Task 2: Perform quantitative analysis Task 3: Identify threats and opportunities Program and portfolio aspects of risk analysis Risk Response Task 1: Plan risk responses Agile, programs, and portfolio aspects of risk response planning Task 2: Implement risk responses Monitor and Close Risks: Part 1 Task 1: Gather and analyze performance data Monitor and Close Risks: Part 2 Task 2: Monitor residual and secondary risks Task 4: Monitor project risk levels Task 3: Provide information required to update relevant project documents Agile, programs, and portfolio aspects of monitoring and closing risks
Do you want to prepare for your dream job but strive hard to find the right courses? Then, stop worrying, for our strategically modified Introduction to Agile: Scrum and Project Management bundle will keep you up to date with the relevant knowledge and most recent matters of this emerging field. So, invest your money and effort in our 33 course mega bundle that will exceed your expectations within your budget. The Introduction to Agile: Scrum and Project Management related fields are thriving across the UK, and recruiters are hiring the most knowledgeable and proficient candidates. It's a demanding field with magnitudes of lucrative choices. If you need more guidance to specialise in this area and need help knowing where to start, then StudyHub proposes a preparatory bundle. This comprehensive Introduction to Agile: Scrum and Project Management bundle will help you build a solid foundation to become a proficient worker in the sector. This Introduction to Agile: Scrum and Project Management Bundle consists of the following 30 CPD Accredited Premium courses - Course 01 :Agile and Scrum Course Course 02 :Complete Scrum Agile Training Course 03 :Agile Scrum Master Certification Course 04 :Project Management Training Course 05 :Practical Project Management Course 06 :Project Management: How to Build a Project Charter Course 07 :Business Project Manager Training Course 08 :Cost Control & Project Scheduling Course 09 :Introduction to Manufacturing Accounting: Project Costing Course 10 :Planning & Control Using Microsoft Project 2013, 2016 & 2019 Course 11 :Strategic Business Management - Online Diploma Course Course 12 :Business Performance Management Course 13 :Diploma in Lean Process and Six Sigma Course 14 :Financial Management Course 15 :Financial Analysis Course 16 :Financial Statement Analysis Masterclass Course 17 :Basic Business Finance Course 18 :Diploma in Business Analysis Course 19 :People Management Diploma Course 20 :Meeting Management Online Course 21 :Compliance Administrator Course 22 :Maximise Your Personal Productivity: Negotiation Skills Course Course 23 :Industrial and Organisational Psychology Course 24 :Dealing with Conflict at Work Course 25: Minute Taking Executive Training Course 26: Receptionist Skills Course 27: Time Management Training - Online Course Course 28: Complete Communication Skills Master Class for Life Course 29: Public Speaking Course 30: 10 Soft Skills for Workplace 3 Extraordinary Career Oriented courses that will assist you in reimagining your thriving techniques- Course 01 :Career Development Plan Fundamentals Course 02 :CV Writing and Job Searching Course 03 :Interview Skills: Ace the Interview Learning Outcome This tailor-made Introduction to Agile: Scrum and Project Management bundle will allow you to- Uncover your skills and aptitudes to break new ground in the related fields Deep dive into the fundamental knowledge Acquire some hard and soft skills in this area Gain some transferable skills to elevate your performance Maintain good report with your clients and staff Gain necessary office skills and be tech savvy utilising relevant software Keep records of your work and make a report Know the regulations around this area Reinforce your career with specific knowledge of this field Know your legal and ethical responsibility as a professional in the related field This Introduction to Agile: Scrum and Project Management Bundle resources were created with the help of industry experts, and all subject-related information is kept updated on a regular basis to avoid learners from falling behind on the latest developments. Certification After studying the complete training you will be able to take the assessment. After successfully passing the assessment you will be able to claim all courses pdf certificates and 1 hardcopy certificate for the Title Course completely free. Other Hard Copy certificates need to be ordered at an additional cost of •8. CPD 330 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Ambitious learners who want to strengthen their CV for their desired job should take advantage of the Introduction to Agile: Scrum and Project Management bundle! This bundle is also ideal for professionals looking for career advancement. Requirements To participate in this course, all you need is - A smart device A secure internet connection And a keen interest in Introduction to Agile: Scrum and Project Management Career path Upon completing this essential Bundle, you will discover a new world of endless possibilities. These courses will help you to get a cut above the rest and allow you to be more efficient in the relevant fields.
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.
Building a Professional Project Management Community How do you start building a PMO that is going to truly add value to an organisation and help it deliver even more successful projects? How can you build a project management community that collectively delivers? Through this presentation Peter Taylor will describe the foundations he has put in place at Kronos, a Workforce Management Solutions provider, to build a world-class project driven organisation. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs. Each professional development activity yields one PDU for one hour spent engaged in the activity. Some limitations apply and can be found in the Ways to Earn PDUs section that discusses PDU activities and associated policies. Fractions of PDUs may also be reported. The smallest increment of a PDU that can be reported is 0.25. This means that if you spent 15 minutes participating in a qualifying PDU activity, you may report 0.25 PDU. If you spend 30 minutes in a qualifying PDU activity, you may report 0.50 PDU.
Building a Professional Project Management Community How do you start building a PMO that is going to truly add value to an organisation and help it deliver even more successful projects? How can you build a project management community that collectively delivers? Through this presentation Peter Taylor will describe the foundations he has put in place at Kronos, a Workforce Management Solutions provider, to build a world-class project driven organisation. This and other IIL Learning in Minutes presentations qualify for PDUs. Some titles, such as Agile-related topics may qualify for other continuing education credits such as SEUs, or CEUs. Each professional development activity yields one PDU for one hour spent engaged in the activity. Some limitations apply and can be found in the Ways to Earn PDUs section that discusses PDU activities and associated policies. Fractions of PDUs may also be reported. The smallest increment of a PDU that can be reported is 0.25. This means that if you spent 15 minutes participating in a qualifying PDU activity, you may report 0.25 PDU. If you spend 30 minutes in a qualifying PDU activity, you may report 0.50 PDU.
All organisations today operate in an environment of constant and rapid change. Managing this change effectively is often achieved through a portfolio of formal projects. Many organisations today have qualified and experienced project management staff to run their projects. Some organisations today have dedicated functions, staff or processes to support their project management teams. The very largest organisations have in-house Enterprise Programme Offices, or project management specialists in corporate audit or risk functions; or organise 'Red Team Reviews' of a project by other staff with project management experience who are not participating in the reviewed project. But for many mid-size businesses and SMEs - and even some larger organisations - these resources are simply not available. For them, having access to external expertise to assure project management disciplines and to coach project managers can be a major contributor to project success. Such reviews can take place at project initiation; at major stage-gates (especially if significant capital is to be committed at the stage-gate); or at any other time if concerns arise concerning project quality, cost or timescales. And it is for those organisations that we offer the necessary expertise, on an ad hoc basis, in reviewing projects and coaching senior project management staff. A document review and workshop led by one of our consultants can help you assess whether: The strategic goals and priorities for the project are clear and being addressed Governance of the project within the business is defined and being effectively executed Project roles and responsibilities are clear and effective The credibility and robustness of the project plan can be enhanced Performance measures and reporting procedures are effective Critical risks are identified and being managed and contingencies are agreed The roles, responsibilities and capabilities of the key players in the project team are fit for purpose Budgets are realistic and costs being managed effectively Communication and change management activities are effectively planned and being executed At your discretion, you can capture the outcomes from the workshop for yourselves, in terms of identifying opportunities for improvement, or you can have our consultant write a report and make recommendations to you.