Project Management Essentials

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Project Management Essentials and Exam Preparation 10 weeks 36 hours Hone your project management knowledge and take your career to the next level with our Project Management training. The Schoolcraft College Continuing Education and Professional Development department has partnered with Q'vive, a local leader in innovation strategy and training to offer a ten-week, intensive training program that will prepare you to take the Project Management Institute PMP® or CAPM® certification exam. START: Monday 5/6 6-9:40pm

Project Management Essentials and Exam Preparation Knowledge Areas Integration Scope Time Cost Quality Human Resources Communications Risk Procurement Stakeholders Sponsor, Stakeholders Purpose, Justification Requirements, Specs Assumptions, Risks Budget, Milestones Scope, WBS, Schedule Change Control Project Plan Team Management Execution & Control Earned Value Deliverables COST TIME SCOPE QUALITY

Project Management Essentials and Exam Preparation Examples of Tools & Techniques Stakeholder analysis Facilitated workshops Expert judgment Decomposition Precedence diagramming Estimating Project management software Critical path analysis Resource leveling Schedule compression Make-or-buy analysis Cost of quality SWOT analysis Risk analysis Risk mitigation Performance reviews Negotiation Team-building Conflict management Issue log Communication methods Forecasting Variance analysis Earned value Change control Audits

Project Management Essentials and Exam Preparation Class Description Are you preparing for the PMP® or CAPM® exam or looking for valuable project management skills? Gain essential knowledge about project management to deliver results for your stakeholders. Topics include management of integration, scope, time, cost, quality, human resources, communications, risk, and procurement. Get tools and techniques for initiating, planning, executing, controlling, and closing projects. Do group practice exercises and discuss exam preparation questions. This course targets those that have project team experience, as well as project managers seeking to refresh their knowledge and complement skill sets. PMP = Project Management Professional CAPM = Certified Associate in Project Management

Project Management Essentials and Exam Preparation Learning and Class Room Activities Lecture Class room discussion Group practice exercises Exam questions *Source data: National Training Laboratories. Bethel, Maine The Learning Pyramid* ACTIVE PASSIVE During each class we will work on group projects to apply project management principles. We will also discuss application in specific (your!) real life situations.

Project Management Essentials and Exam Preparation With this training, you will be able to… Understand the fundamental concepts of project management. Understand the five project management process groups, and know how to manage projects throughout the project life cycle. Understand the ten project management knowledge areas. Understand the inputs, tools and techniques, and outputs of the 47 project management processes. Create a project management plan based on a project charter and input from stakeholders. Manage a project team to execute the project management plan, and know how to deal with changes. Effectively manage project documentation, including lessons learned throughout the project. Understand how to properly close a project or project phase. Understand how professional responsibility drives ethical behavior.

Project Management Essentials and Exam Preparation Project life cycle based presentation of: 5 process groups 10 knowledge areas 47 processes 256 inputs 208 tools & techniques 154 outputs Will be delivered in: 10 weeks 36 hours 350+ page manual 400+ practice questions 21 exercises + exam strategies + PMProcess Flow™ poster + set of Companion Documents Update about exam change: The Spring/Summer 2013 course prepares for exams based on the new PMBOK® Guide – Fifth Edition, which was published by PMI in January 2013. The update to the PMP® Exam will be effective on July 31. The CAPM® Exam will be updated on July 1. FAQ about the exam changes on PMI's website: http://www.pmi.org/~/media/PDF/Home/Standards_FAQ_Brand.ashx

PMP® Exam Focus™ PMP® Exam Fuel™ COURSE SCHEDULE COURSE SCHEDULE prepares for the current exam short, condensed, and intensive uses 450+ practice exam questions organized by knowledge area high level review exam strategies prepares for the current exam ultra-short, “high octane” exam prep uses 150+ practice exam questions exam strategies 12 contact hours 4 contact hours COURSE SCHEDULE Thursdays May 9-30, from 6-9pm Total 4 x 3 hours = 12 hours COURSE SCHEDULE Saturday May 18, from 9:00am-1:00pm Total 4 hours

PMBOK® Guide – Fourth Edition The update to the PMP exam will be effective on July 31. The CAPM exam will be updated on July 1. PMBOK® Guide – Fourth Edition courses based on 4 contact hours 12 contact hours WINTER 2013 Project Management Essentials & Exam Preparation 36 contact hours October FALL 2013 Project Management Essentials & Exam Preparation 36 contact hours July May 12 contact hours 2013 January SPRING/SUMMER 2013 Project Management Essentials & Exam Preparation 36 contact hours PMI publishes A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition. PMBOK® Guide – Fifth Edition courses based on Information: 734.462.4448 CEPD@schoolcraft.edu www.schoolcraft.edu/cepd/pmp

Project Management Essentials and Exam Preparation Project Management Institute www.pmi.org The Project Management Institute (PMI) is the world’s leading organization for the project management profession. PMI serves practitioners and organizations with standards that describe good practices, globally recognized credentials that certify project management expertise and resources for professional development, networking and community.  A Guide to the Project Management Body of Knowledge (PMBOK® Guide) is the recognized standard for the project management profession. Provides guidelines for managing individual projects Defines project management and related concepts Describes project management life cycle and related processes

Project Management Essentials and Exam Preparation Project Management Institute www.pmi.org PMP® Credential Handbook http://www.pmi.org/en/Certification/~/media/PDF/Certifications/pdc_pmphandbook.ashx CAPM® Credential Handbook http://www.pmi.org/en/Certification/~/media/PDF/Certifications/pdc_capmhandbook.ashx

Project Management Essentials and Exam Preparation Project Management Experience PMP (Bachelor’s degree or global equivalent) Minimum three years/36 months* unique non-overlapping professional project management experience during which at least 4,500 hours were spent leading and directing the project** (used to be: project tasks) PMP (High school diploma, Associates degree) Minimum five years/60 months* unique non-overlapping professional project management experience during which at least 7,500 hours were spent leading and directing the project** (used to be: project tasks) CAPM (High school diploma) see Education Hours (next slide) PMP Handbook updated 4/17/12 Excel worksheet Experience_Worksheet.xls * All project management experience must have been accrued within the last eight consecutive years prior to your application submission. ** Leading and directing the project as identified with the tasks, knowledge, and skills specific in the Project Management Professional Examination Specification. You should have experience in all five process groups across all your project management experience submitted on the application. However, on a single project, you do not need to have experience in all five process groups. PMP = Project Management Professional CAPM = Certified Associate in Project Management

Project Management Essentials and Exam Preparation Education Hours PMP (Bachelor’s degree or global equivalent) 35 contact hours of formal education PMP (High school diploma, Associates degree) CAPM (High school diploma) You must meet one of these two requirements: 23 contact hours of formal education OR 1,500 hours of professional experience on a project team PMP = Project Management Professional CAPM = Certified Associate in Project Management

Project Management Essentials and Exam Preparation Examination Fees CAPM PMP PMI Membership $ 139* PMI Membership Renewal $ 129* Exam Member $ 225 $ 405 Exam Nonmember $ 300 $ 555 Reexamination Member $ 150 $ 275 Reexamination Nonmember $ 200 $ 375 Credential Renewal Member $ 60 Credential Renewal Nonmember * Student membership rates are $42 for first year and $32 for renewal. Retirees pay $65 for renewal. Effective 1 April 2012 a $70 fee will be charged if you reschedule or cancel your exam within 30 calendar days of the appointment. PMP = Project Management Professional CAPM = Certified Associate in Project Management

Project Management Essentials and Exam Preparation Worldwide Active Credential Holders +40% in past 3 yrs PMP thousands 521,345 356,419 April 22, 2013 3,855 project management job openings in MI http://www.indeed.com CAPM +93% in past 3 yrs 20,700 10,003 PMP = Project Management Professional CAPM = Certified Associate in Project Management

streamlining the intersection of innovation strategy, new product development, and project management Eric van der Meulen, President qvive.biz | 248.231.7452 | eric@qvive.biz consulting | interim management | training

Q'vive, LLC Eric van der Meulen, PMP President & Founder Experienced leader in product and process development, engineering, and r&d, with broad expertise in plastics, innovation strategy, and stage-gate project management.   Credentialed Project Management Professional (PMP) with more than 20 years experience in project and program management for large and small companies, and internationally, as functional leader and consultant. Holds patents in the area of printing and other aspects of polycarbonate automotive glazing. Received 2006 Frost & Sullivan Award for Technology Innovation.

Week 1 – Agenda Introductions, Goals Framework, Definitions Project, Project Management Project Management Skills Organizational Project Assets, Enterprise Environmental Factors Organizational Structures Life Cycle, Knowledge Areas The Project Life Cycle Project Management Process Groups Project Management Knowledge Areas Agenda

PMBOK 1.2 What is a Project? A project is a temporary endeavor A project has specific start and end dates A project creates a unique product or service Product includes components, enhancements of items Service or service capability, such as a support function Result includes outcome, document, organizational change A project is different from operations Operations is permanent or semi-permanent work that repeatedly produces or provides the same product or service Ongoing execution of repetitive process following existing procedures includes improvements Project: A temporary endeavor to create a unique product, service, or result. Framework, Definitions

Why Must a Project be Managed? Why Project Management? Why Must a Project be Managed? How the customer explained it How the Project Manager understood it How the Analyst designed it How the Programmer wrote it How the Business Consultant described it http://andysowards.com/blog/wp-content/uploads/2008/08/134931180_347671be56_o.jpg http://andysowards.com/blog/wp-content/uploads/2008/08/134931180_347671be56_o.jpg How the project was documented What Operations installed How the customer was billed How it was supported What the customer really needed Framework, Definitions

Managing Project Constraints PMBOK 1.3 Managing Project Constraints Project Management is the discipline of planning, organizing and managing resources to bring about the successful completion of specific project goals and objectives. The primary challenge of project management is to achieve all of the project goals and objectives while balancing various project constraints including scope, time, cost, quality, and resources. Changing one constraint affects other constraint(s) Constraint: A limiting factor that affects the execution of a project or process. Framework, Definitions

PMBOK 2.1.1 Project Life Cycle All projects, regardless of size and complexity, can be mapped to the following life cycle structure Starting the project Organizing and preparing Carrying out the work Closing the project Level of Project Activity (Cost, Staffing level) Project Charter Project Management Plan Accepted Deliverables Archived Project Documents Time Life Cycle, Knowledge Areas

Process Groups Project Initiating Project Charter Project Planning PMBOK 3.3-4 Process Groups Project Initiating Select best project given resource limits Business case Project charter Assign project manager Project Planning Define work requirements, quality and quantity of work Define resources needed Schedule activities Evaluate risks Project Charter Project Management Plan Kerzner, Harold. Project Management. 10th ed. Hoboken, NJ: Wiley, 2009 (p. 3) Life Cycle, Knowledge Areas

Process Groups Project Executing Deliverables PMBOK 3.5-7 Process Groups Deliverables Project Executing Negotiate for team members Direct and manage the work Help team members improve Project Monitoring & Controlling Track progress Compare actual to predicted outcome Analyze variances, impacts, and adjust Project Closing Verify that all the work has been accomplished Contractual, Financial, Administrative closure Accepted Deliverables Approved Change Requests Lessons Learned Kerzner, Harold. Project Management. 10th ed. Hoboken, NJ: Wiley, 2009 (p. 3) Life Cycle, Knowledge Areas

Monitoring & Controlling PMBOK 3.3 Project Boundaries Project Boundaries Project Deliverables End Users Monitoring & Controlling Closing Initiating Planning Executing Project Inputs Project Initiator/ Sponsor Project Records Process Assets Life Cycle, Knowledge Areas

Practice Exam Question Which of the following represents the project manager’s responsibility in regard to change on a project? Influence the factors that cause project change. Ensure all changes are communicated to the change control board. Deny change whenever possible. Prioritize change below execution. Exam Questions

Practice Exam Question What is the function of the project sponsor? To help manage senior management expectations. To be the primary interface with the customer. To fund the project and formally accept the product. To help exert control over functional managers. Exam Questions

Practice Exam Question Which of the following is the best description of critical path? The activities that represent critical functionality. The activities that represent the largest portions of the work packages. The activities that represent the highest schedule risk on the project. The activities that represent the optimal path through the network. Exam Questions

Project Management Essentials and Exam Preparation 10 weeks 36 hours Hone your project management knowledge and take your career to the next level with our Project Management training. The Schoolcraft College Continuing Education and Professional Development department has partnered with Q'vive, a local leader in innovation strategy and training to offer a ten-week, intensive training program that will prepare you to take the Project Management Institute PMP® or CAPM® certification exam. START: Monday 5/6 6-9:40pm