All of the time slots displayed in the time zone America/New_York GMT -05:00
What you will learn?
Value Delivery
Project Management Principles
Project Performance
Tailoring Approaches
Models, Methods, and Artifacts
Adaptability and Resilience
Integration with PMI Standards
About this course
About this course
The PMBOK Guide 7th Edition presents a contemporary and refined approach to project management that emphasizes the importance of delivering tangible value and achieving impactful outcomes. Unlike previous editions that focused heavily on strict adherence to established processes and methodologies, this iteration shifts the spotlight to twelve essential principles that serve as guiding tenets for effective project management. This philosophical shift reinforces the idea that effective project management is not a one-size-fits-all solution; rather, it requires a nuanced and adaptable approach tailored to the unique context and specific conditions of each project.
At the heart of this guide lies the critical concept of value management, which emphasizes the ongoing necessity of not only creating value at the initiation of a project but also sustaining it throughout the entire project lifecycle. Readers will gain insights into how to identify, measure, and optimize value in various project scenarios, ensuring that value delivery remains a top priority throughout the entire project.
Additionally, the guide explores various development methodologies tailored to different project requirements. It covers traditional predictive models, widely known for their structured and sequential approach, as well as adaptive methodologies such as Agile, which promote flexibility and responsiveness to change. Furthermore, the guide explores hybrid models that integrate the best practices from both predictive and adaptive approaches, offering project managers a versatile toolkit to choose from based on their project's dynamics.
By providing a deeper understanding of how to customize these methodologies, the PMBOK Guide 7th Edition empowers project managers to navigate complex challenges effectively. The insights gained from this course will enable them to make informed decisions and drive successful project outcomes that align closely with organizational goals and stakeholder expectations. Ultimately, this guide equips project managers with the knowledge and skills necessary to thrive in an ever-evolving project landscape.
Comments (0)
Introduction to Project Management
In today’s fast-paced and constantly changing business environment, characterized by rapid technological progress and shifting consumer preferences, organizations face increasing pressure to innovate and adapt to maintain their competitive edge. This uncertain landscape requires a strategic approach to project execution and oversight, making project management methodologies essential frameworks that help organizations plan, execute, and control a wide range of projects effectively.
Over time, the field of project management has significantly evolved, transforming from a set of basic practices into a recognized profession built on structured processes, standardized methods, and a broad base of knowledge. This progression highlights the growing recognition of the vital role that project management plays in driving organizational success and growth. While project managers are often seen as the key figures leading projects to completion, it’s important to understand that successful project management depends on collaboration. A variety of professionals—including team members, stakeholders, sponsors, and clients—contribute valuable insights and expertise throughout the project lifecycle.
Without the structured methods provided by project management, projects can become disorganized, resulting in several challenges. These include missed deadlines, which can threaten timelines and cause stakeholder dissatisfaction; subpar quality outcomes, which can diminish the value delivered to customers; and cost overruns, where expenses surpass initial estimates, affecting profitability and resource distribution. Additionally, projects without effective management practices may face unclear objectives, poor communication, and inadequate risk management, leading to chaotic environments and unmet project goals.
By adopting proven project management practices, organizations can greatly improve their ability to deliver projects that are completed on schedule, within scope, and meet stakeholder expectations. The structured approach promotes a culture of accountability and continuous improvement, enabling organizations to learn from each project and develop a repository of best practices. Ultimately, effective project management enhances the overall health and success of the organization, helping it thrive in today’s competitive market.
