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MMSPM004: Project Management Principles

This comprehensive foundation course focuses on the project management principles and best practices aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and many of the GAO Guides, helping you obtain knowledge, tools, techniques, and best practices to successfully manage a project from initiation to final closeout. You will learn techniques designed to help concepts and forms the basis for future, more advanced studies.

Outline:

Defining Federal Projects

  • Characteristics of a project
  • Sources of projects
  • The project charter

Planning Federal Projects

  • Project management framework
  • The importance of planning projects
  • The project management plan
  • Planning approaches

Communicating with Stakeholders

  • Identifying project stakeholders
  • The communications process
  • The communications management plan

Breaking Down Project Work

  • Overview of the work breakdown structure (WBS)
  • WBS approaches
  • Developing a WBS

Estimating Project Resources

  • The purpose of scheduling
  • The scheduling process
  • Determining activities
  • The network diagram
  • The responsibility assignment matrix (RAM)
  • Activity duration estimates
  • The critical path
  • Portraying and analyzing the schedule
  • Balancing scope and schedule
  • Cost estimating
  • Developing cost estimates
  • Attributing costs to the budget
  • Managing to the project budget

Preparing for Change & Risk

  • Why plan for change?
  • The change management process
  • The change management plan
  • The risk management plan
  • The risk and opportunity management process
  • The risk register
  • The risk management plan

Determining the Performance Measurement Baseline (PMB)

  • Control gate reviews
  • The performance measurement baseline (PMB)
  • Setting the baseline
  • The components of a risk management plan
  • The risk management process
  • The risk register

Managing the Project

  • The managing cycle
  • Identifying variance
  • Earned value management
  • Determining corrective action
  • Rebaselining

Close the Project

  • Recognizing team performance
  • Documenting lessons learned