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Project Management Fundamentals | Project Management Simplified | PMP® Training Videos | Edureka

** PMP® Training: https://www.edureka.co/pmp ** <br>This Edureka tutorial on Project Management Fundamentals will give you the list of terms used mostly by the Project Managers along with other fundamental concepts in Project Management. Below are the topics covered in this tutorial: <br><br>1. Project <br>2. Project vs Program vs Portfolio <br>3. Project Management <br>4. PM Terminologies <br>5. PM Phases & Knowledge Areas <br>Follow us to never miss an update in the future. <br><br>Instagram: https://www.instagram.com/edureka_learning/ <br>Facebook: https://www.facebook.com/edurekaIN/ <br>Twitter: https://twitter.com/edurekain <br>LinkedIn: https://www.linkedin.com/company/edureka

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Project Management Fundamentals | Project Management Simplified | PMP® Training Videos | Edureka

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  1. PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  2. Topics For Today’s Discussion Project Project vs Program vs Portfolio Project Management PM Terminologies PM Phases & Knowledge Areas PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  3. Project Copyright © 2018, edureka and/or its affiliates. All rights reserved.

  4. What is a Project? PROJECT Sequence of tasks having definite beginning and end Defined outcomes & deliverables Fixed deadline Budget is pre- defined PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  5. Project Attributes Attributes of a successful project Planned & Organized Approach Team Commitment Proper Time Management Resource Optimization Result Monitoring Maximum Customer Satisfaction PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  6. Project Lifecycle 1 Project Lifecycle is not a cyclic process but is a sequential process comprised of various phases which are unique to your project High Level Design 2 Detailed Design 3 Coding 4 Testing 5 Installation 6 Turn Over PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  7. Project vs Program vs Portfolio Copyright © 2018, edureka and/or its affiliates. All rights reserved.

  8. Project Project 1 A temporary endeavour undertaken to produce an unique product or solution PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  9. Project vs Program A group of interrelated projects that are managed together Program 2 Project 1 A temporary endeavour undertaken to produce an unique product or solution PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  10. Project vs Program vs Portfolio A collection of projects and operations which are managed under one group in order to achieve a strategic goal Portfolio 3 A group of interrelated projects that are managed together Program 2 Project 1 A temporary endeavour undertaken to produce an unique product or solution PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  11. Project Management Copyright © 2018, edureka and/or its affiliates. All rights reserved.

  12. Project Management Project Management a discipline that provides various principles, techniques, and tools which helps in finishing things on time and within budget It is the application of knowledge, skills, tools, and techniques to project activities in order to meet the project requirements PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  13. Need for Project Management Easy planning and scheduling Efficient task and resource management Synchronized workflow of team Shared documents, calendars and contacts Accurate project tracking PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  14. Project Management Terminologies Copyright © 2018, edureka and/or its affiliates. All rights reserved.

  15. Project Management Terminologies Methodology CCB Requirements Stakeholder WBS Issues Milestone Risk Mitigation Baseline Triple Constraint Gantt Chart RAG Status PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  16. Project Management Phases & Knowledge Areas Copyright © 2018, edureka and/or its affiliates. All rights reserved.

  17. Project Management Phases INITIATION In this phase, a team will identify if the project can realistically be completed decision making PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  18. Project Management Phases PLANNING In this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed INITIATION In this phase, a team will identify if the project can realistically be completed decision making PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  19. Project Management Phases EXECUTION In this phase, resources' tasks are distributed and teams are informed of responsibilities PLANNING In this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed INITIATION In this phase, a team will identify if the project can realistically be completed decision making PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  20. Project Management Phases EXECUTION In this phase, resources' tasks are distributed and teams are informed of responsibilities MONITOR & CONTROL PLANNING In this phase, the project managers adjust the schedules and do what is necessary to keep the project on track In this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed INITIATION In this phase, a team will identify if the project can realistically be completed decision making PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  21. Project Management Phases EXECUTION In this phase, resources' tasks are distributed and teams are informed of responsibilities MONITOR & CONTROL PLANNING In this phase, the project managers adjust the schedules and do what is necessary to keep the project on track In this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed INITIATION CLOSING In this phase, a team will identify if the project can realistically be completed decision making In this phase, an evaluation is done to highlight the project success and/or learn from project history PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  22. Knowledge Areas Stakeholder Management Quality Management Resource Management Cost Management Communication Management Procurement Management Schedule Management Risk Management Integration Management Scope Management PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

  23. Project Management Processes Plan Stakeholder Engagement Monitor Stakeholder Engagement Monitor Project Management Monitor Plan Resources Develop Manage Manage Quality PMP® CERTIFICATION EXAM TRAINING www.edureka.co/pmp

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