In this course, you’ll build on the foundation from Project Management Level 1 and complete your understanding of the five stages of project management by focusing on the Execution, Monitoring, and Closing phases. You’ll learn how to keep a project running smoothly once it’s underway, ensuring tasks stay on schedule, budgets remain on track, and lessons learned are documented to support future efforts. The class also covers practical techniques for managing budgets, allocating limited resources, and estimating or tracking costs throughout the project lifecycle.
You’ll then receive an introduction to Agile Project Management and learn how it differs from the traditional Waterfall approach. Through an overview of Scrum, Kanban, and Extreme Programming (XP), you’ll see how various Agile frameworks support different types of projects and goals. By comparing these methodologies, you’ll gain the insight needed to choose the best management style for a range of project environments.
What You Will Learn
- Continue learning about the five phases of project management, focusing on the last three: Execution, Monitoring, and Closing
- Understand project costs and budgeting
- Learn how to manage resources
- Manage risk, changes, and uncertainty
- Get an overview of Agile Project Management frameworks: Scrum, Kanban, and Extreme Programming (XP)
Course Outline
The Project Team
Team Development
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Assembling a Team
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Project Kickoff Meeting
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Characteristics of Effective Teams
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Barriers to Teams
Stages of Team Development
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Stage 1: Forming
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Stage 2: Storming
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Stage 3: Norming
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Stage 4: Performing
Budgets & Costs
Types of Costs
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Resource cost rates
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Reserve analysis
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Contingency budget
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Cost of quality
Determining Activity Costs
Determining Project Budget
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Calculations
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Total Budgeted Cost (TBC)
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Time-Phased Budget
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Cumulative Budgeted Cost (CBC)
The Execution Phase
Determining Actual Costs
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Determine Actual Cost
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Compare Actual Cost to Budgeted Cost
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Actual Accumulated Cost by Period
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Cumulative Budgeted & Actual Cost Curve
Determining the Value of Work Performed
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Determine Value of Work Performed
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Earned Value (EV)
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Cumulative Earned Value
Cost Performance & Project Status
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Analyze Cost Performance
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Measure Project Status
Cost Analysis
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Analyze Cost Performance
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Cost Performance Index (CPI)
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Cost Variance (CV)
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Estimating the Cost at Completion
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Forecasted Cost at Completion (FCAC)
Controlling Costs & Corrective Action
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Cost Control Steps
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When to Take Corrective Action
Limited Resources: Leveling & Smoothing
Resource Leveling
Resource Limited Scheduling
Risk Management
Risks & Issues
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Identify Risks
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Risk Assessment
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Probability & Impact Matrix
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Risk Appetite
Common Types of Risks
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External Risks
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Single Point of Failure
Risk Mitigation
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Common Ways of Dealing With Risk
Project Communication
Meetings
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Project Kickoff Meeting
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Different Types of Meetings
Reports
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Different Types of Reports
Plans
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Project Plans
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Document Control Plan
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Project Communication Plan
The Closing Phase
Final Payments
Staff Recognition & Evaluation
Post Project Evaluation
Lessons Learned
Archive Project Documents
Customer Feedback
Early Project Termination
Agile Project Management
Overview of Agile
The Agile Manifesto
Agile vs. Waterfall
Agile Frameworks
Scrum
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Scrum Concepts
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Scrum Roles
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Why is Scrum So Popular?
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When Scrum Works Best
Kanban
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Kanban boards
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Work-in-Process (WIP) Limit
Extreme Programming (XP)
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Extreme Programming (XP) Activities
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Designing
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Coding
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Testing
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Listening
This course is available for 30 days. You can choose when to start your access period. Once you activate, you will have 30 days to complete it (access the course materials, quizzes, projects and videos). You may request one extension of seven (7) days. Other extension requests will be evaluated on a case-by-case basis. Videos are not downloadable.
