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Principles of Project Management (N2650)

This course is designed to prepare project managers, novice or experienced, with project management skills needed
to better manage projects. Built along the project management life cycle, this course covers detailed topics of the
basic concepts of project management, initiating project, planning project, controlling project, executing project, and
closing project. Those who participate in this class will improve their management skills and abilities to define the
project scope, create a workable project plan, and manage within the budget and schedule.

The course consists of classroom instructor-led lecture and discussion, which is reinforced with team and individual
exercises, and Case Study assignments with student feedback that is critiqued by the instructor, and the other
student teams.

This course can be applied towards the Project Management Institute (PMI®) Project Management Professional
(PMP®) Certification or Recertification. See the Certification Program section below for details.

IACET Continuing Education Units 3.6

Who Should Take This Course

This course is designed for qualified IT professionals, marketing personnel and staff support in any industry, that
will be actively involved in a project.

What You Are Taught

Ÿ Use project management skills across their organization

Ÿ Build performing organization structure and project team.
Ÿ Identify and validate your project requirements.
Ÿ Establish a project estimates and project schedule.
Ÿ Develop a Work Breakdown Structure (WBS).
Ÿ Create a project plan.
Ÿ Manage overall change control.
Ÿ Control project execution processes.
Ÿ Terminate a project with a right close-out strategy.
Ÿ Understand the basic terms and concepts of Project Management

Topics Include:

Ÿ Class Opening
Welcome and Administrative Actions
Course Objectives
Student Introductions
Course Schedule
The Bridge Game

Ÿ Project Management Basics

Project Definitions
Project Life Cycle
About the Project Manager

Ÿ Initiating Processes
Initiating Process Group

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Principles of Project Management (N2650)

Initiating Processes Activities

Aims for Initiating Processes

Ÿ Defining the Project

Types of Organizational Structures
Project Charter
Project Definition

Ÿ Planning Processes
Planning Process Group
Planning Processes Activities
Aims for Planning Processes

Ÿ Organizing the Team

A Typical Project Team
How to Develop a Team
What is Communications Management?
Developing the Communications Management Plan

Ÿ Identifying and Validating Requirements

Performance Measurement Baselines
Identify and Validate Requirements When
Identifying Customer Requirements
Establishing the Requirements Baseline

Ÿ Developing a Work Breakdown Structure (WBS)

Work Breakdown Structure
Standards for Building a WBS
Preparing the WBS Dictionary
WBS Development Steps
Review/Validate WBS

Ÿ Risk Management
Risk Definition and Types
Risk Management Processes
Steps in Risk Management
Project Manager's Role in Risk Management
Project Environment Characteristics
Conflict Intensity by Life Cycle Phase
Conflict Resolution

Ÿ Establishing a Project Estimate

Essential Estimating Terms
Estimating Techniques
Methods for Estimating
Validating Estimates

Ÿ Creating a Project Schedule

Basic Scheduling Terminology
Network Techniques
Diagramming Methodologies
Critical Path Method
Exercise: Precedence Diagramming Method

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Principles of Project Management (N2650)

Ÿ Executing Processes & Monitoring and Controlling Processes

Executing Process Group
Executing Processes Activities
Monitoring and Controlling Process Group
Monitoring and Controlling Processes Activities

Ÿ Integrated Change Control

Definition of Change
Origins of Change
Change Management
Change Control
Project Manager's Role in Change Management

Ÿ Quality Management
Definition of Project Quality Management
Quality Management Processes
Continuous Improvement
Quality and People in Project Management

Ÿ Cost Management
Earned Value
Earned Value Terminology
Formulas to Forecast the End Results
Causes of Variance

Ÿ Procurement Management
Overview of Procurement Management
Contract Administration Process
What Project Managers Should Do
Guidelines for Managing Contracts

Ÿ Project Reviews
Why conduct Project Management Reviews
Different Types of Project Management Reviews
Project Management Review Tasks

Ÿ Closing Processes
Project Closeout
Project Closing Activities
Project Completion Workshops

Ÿ Managing Project Teams

Benefits of Working in Teams
Team Development
Diversity in Teams
Conflict in Project Teams

Ÿ Wrap-Up of Principles of Project Management

Final Objectives
Skills a Project Manger Needs
End of Class Examination

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Principles of Project Management (N2650)

Prerequisites: None.

Certification Program:

This course can be applied towards the PMI® PMP® Recertification or the project management specific instruction
required for the PMI® PMP® Certification:
• Professional Development Unit (PDU) credit: 36.0
• Professional Development Activity Program Number: 1107-000N2650
• Professional Development Activity Program Title: Principles of Project Management

Project Management Body of Knowledge (PMBOK®) areas covered:

• Project Integration Management
• Project Scope Management
• Project Time Management
• Project Cost Management
• Project Quality Management
• Project Human Resource Management
• Project Communications Management
• Project Risk Management
• Project Procurement Management

Curriculum Relationship

Courses in the core curriculum:

Ÿ N2650 Principles of Project Management (4.5 days)
Ÿ N2651 Project Leadership and Team Building (4 days)
Ÿ N2652 Financial Management for Project Managers (2 days)
Ÿ N2653 Contracting for Project Managers (4.5 days)
Ÿ N2654 Project Risk Management (3 days)
Ÿ N2658 Project Cost and Schedule Management (3 days)
Ÿ N2670 Applying Project Management Principles (4.5 days)
Other professional Project Management courses:
Ÿ N2666 Quality Management for Project Managers (3 days)
Ÿ N2667 Requirements Definition and Management (3 days)
Ÿ N2668 Managing Projects in Software Development (2 days)
Ÿ N2672 PMP® Examination Preparation (2 days)
Ÿ N2677 Leading Complex Projects Workshop (3.5 days)
Project Staff and Managers
Ÿ N2659 Project Management Concepts (2 days)
Ÿ N2662 Executive Workshop on Project Management (1.5 days)
Ÿ N2676 Working on a Project (1 day)

© Copyright IBM Corp. 2003 , 2005 Principles of Project Management 1-4