Project Management

This course provides a systematic and thorough introduction to all aspects of project management. Projects are an increasingly important aspect of modern business. Therefore, the course underlines the importance of understanding the relation between projects and the strategic goals of the organisation. The course also discusses the managment procdures and models necessary to successfully manage […]

This course provides a systematic and thorough introduction to all aspects of project
management. Projects are an increasingly important aspect of modern business.
Therefore, the course underlines the importance of understanding the relation
between projects and the strategic goals of the organisation. The course also
discusses the managment procdures and models necessary to successfully
manage projects from start to finish. It emphasises that project management is a
professional discipline with its own tools, body of knowledge, and skills.

Module 1

1
Project and project management
Great projects have been carried out from the beginning of civilization itself and it is possible to say that the concept of project management has been around since the beginning of history. It has enabled leaders to plan bold and massive projects and manage funding, materials, and labor within a designated time frame. In the late 19th century, in the United States, large-scale government projects were the impetus for making important decisions that became the basis for project management methodology, business leaders found themselves faced with the daunting task of organizing the manual labor of thousands of workers and the processing and assembly of unprecedented quantities of raw material. The processes involved in the implementation of these projects involve strategic planning, organization, and monitoring of all resources involved.

Module 2

1
Project Management Lifecycle
The project management lifecycle is a unified model that describes the way a project progresses, from its inception right the way through to completion. It shows all the phases involved in the project and also the relationship between each phase. The phases involved in project management can be linear or web-like depending on the success of the phase. In other words, a project can move from one stage to another if the objective of that phase is achieved or return to the previous phase if the objective of that phase is not achieved.

Module 3

1
Component of Project management Plan: Risk Management

Module 4

1
Component of Project Management Plan: Cost Management
Project Cost Management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so the project can be completed within the approved budget. This is particularly concerned with the cost of various resources that are required to complete the project activities. It assists the project manager in foreseeing the project expenses and thus taking precautionary actions to mitigate the chances of over expenditure. Cost management serves as an umbrella process that covers the entire project life cycle beginning from its initial planning phase until its completion and handover. This plan contains details such as how project performance will be measured, what is the threshold for deviations, what actions will be done if the threshold is breached, and the list of people and roles who have the executive authority to make decisions. The cost is generally estimated during the project planning phase and must be approved by the upper management before its execution begins. As the project gradually enters into the execution phase, all the expenses made are tracked and properly documented to keep expenses within the agreed budget. After project completion, the cost management document is then used to compare the deviations between the predicted and the actual costs incurred. These results are further used as references for cost management plans and budget in the future.

Module 5

1
Component of Project Management Plan: Scope Management

Module 6

1
Component of Project Management Plan: Resources Management
The process of planning, organizing, scheduling, and managing a project's resources - people, tools, equipment, tech, and facilities - in the most efficient way. Maximizing utilization and ensuring the best possible use of the project's elements (Ave Annuk 2019). This includes the processes that allow an organization to effectively assign the appropriate resources (number and skills) to successfully execute the project scope. It helps to ensure that the organization’s resources are allocated properly to meet the business needs and also provide management with information for forecasting future resource requirements

Module 7

1
Component of Project Management Plan: Quality and Integration Management

Module 8

1
Component of Project Management Plan: Communication and Time Management

Module 9

1
Component of Project Management Plan: Procurement Management

Module 10

1
Component of Project Management Plan: Stakeholders Management

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Project Management
Price:
₦5,000