Day 1: PM/BA Training Journey
Project Management Class 1( summary)
Topics: 1) The Core Principles of Project Management
2) The different roles in Project Management.
Project management revolves around these constraints ( Timeline, Scope &Budget).
Timeline: Is the duration of the project. The time allocated for the completion of a particular project.
Scope: Is the area expected to cover for the project
Budget: Is the managing of the financial aspects of the project.
Importance of Project Management
1, plays a crucial role in ensuring the achievement of project goals in an organization.
2, Optimizing the allocation of resources to maximize efficiency and minimize costs.
3,Facilitating effective communication and collaboration among stakeholders.
4, Mitigating risks and addressing challenges proactively to minimize disruption or project failures.
5, Providing a structured approach to project execution, leading to effective and improved project outcomes and customer satisfaction.
Key Concepts and Terminologies
1, Projects: Temporal endeavors undertaken to produce unique results, outcomes, products and services.
2, Project management: Application of knowledge, skills, tools and techniques to project activities to meet project requirements.
3, Triple Constraints:(Time, Scope, Cost) Managing these constraints are essential for project to be successful.
4, Stakeholders: People that are interested in the project success, they contribute in one way or the other to the project and they have impact on the project.
5,Project Manager: The individual responsible for the project as a whole, (The captain of the project)
Project Roles
Leader: The project manager is responsible for planning,execution and delivery of the project.
Project Team members : People with specific skills, knowledge and expertise that contribute to the project.
Stakeholders: Are individuals/ groups that are affected by the project or with interest in the outcome of the project eg, Sponsors,clients and end users.
Two types: (Internal and external stakeholders)
End user: the people that makes use of the project for their business, work or daily lives.
Sponsors: They provide the financial resources for the project.
Professional Career Roles in Project Management
1,Project Manager:
Over seeing the entire project lifecycle.
2, Project Coordinator:
Assists the project manager.
3,Project Scheduler/Planner:
Develops and maintains project schedules, timelines and milestones.
4,Business Analysts:
Identify project requirements, gather, analyze data and develop business case and project charter.
5,Risk Managers:
They identifies the risks and develops mitigation strategies and risk management plans.
6,Quality Assurance Managers:
The standard of the project outputs is accessed by them. They make sure that the project meet the quality, standards or the expectations of the client or company.
7,Change Management Specialist:
They facilitate organizational change, initiate change related to project and implementation by accessing the impacts of the change and also addressing resistance to change.
8,Project Management Office(PMO) Manager:
They oversee all the projects going on in an organization (They monitor what is going on within various projects, just like police of project management).
In Conclusion: Project Management is the discipline that drives success in an organization across all industries.
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@everyone
Day 1: PM/BA Training Journey
Project Management Class 1( summary)
Topics: 1) The Core Principles of Project Management
2) The different roles in Project Management.
Project management revolves around these constraints ( Timeline, Scope &Budget).
Timeline: Is the duration of the project. The time allocated for the completion of a particular project.
Scope: Is the area expected to cover for the project
Budget: Is the managing of the financial aspects of the project.
Importance of Project Management
1, plays a crucial role in ensuring the achievement of project goals in an organization.
2, Optimizing the allocation of resources to maximize efficiency and minimize costs.
3,Facilitating effective communication and collaboration among stakeholders.
4, Mitigating risks and addressing challenges proactively to minimize disruption or project failures.
5, Providing a structured approach to project execution, leading to effective and improved project outcomes and customer satisfaction.
Key Concepts and Terminologies
1, Projects: Temporal endeavors undertaken to produce unique results, outcomes, products and services.
2, Project management: Application of knowledge, skills, tools and techniques to project activities to meet project requirements.
3, Triple Constraints:(Time, Scope, Cost) Managing these constraints are essential for project to be successful.
4, Stakeholders: People that are interested in the project success, they contribute in one way or the other to the project and they have impact on the project.
5,Project Manager: The individual responsible for the project as a whole, (The captain of the project)
Project Roles
Leader: The project manager is responsible for planning,execution and delivery of the project.
Project Team members : People with specific skills, knowledge and expertise that contribute to the project.
Stakeholders: Are individuals/ groups that are affected by the project or with interest in the outcome of the project eg, Sponsors,clients and end users.
Two types: (Internal and external stakeholders)
End user: the people that makes use of the project for their business, work or daily lives.
Sponsors: They provide the financial resources for the project.
Professional Career Roles in Project Management
1,Project Manager:
Over seeing the entire project lifecycle.
2, Project Coordinator:
Assists the project manager.
3,Project Scheduler/Planner:
Develops and maintains project schedules, timelines and milestones.
4,Business Analysts:
Identify project requirements, gather, analyze data and develop business case and project charter.
5,Risk Managers:
They identifies the risks and develops mitigation strategies and risk management plans.
6,Quality Assurance Managers:
The standard of the project outputs is accessed by them. They make sure that the project meet the quality, standards or the expectations of the client or company.
7,Change Management Specialist:
They facilitate organizational change, initiate change related to project and implementation by accessing the impacts of the change and also addressing resistance to change.
8,Project Management Office(PMO) Manager:
They oversee all the projects going on in an organization (They monitor what is going on within various projects, just like police of project management).
In Conclusion: Project Management is the discipline that drives success in an organization across all industries.
👍🤝🖐️🙌
@followers
@everyone
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