Online PMP Training, Nigeria: Introduction to Projects and Project Management
- 1. Online PMP Exam Prep By
- 2. Introduction To Project Management www.protrainingcentre.com For your 2 training needs.
- 3. What Is A Project? • A project is a temporary endeavour to create unique results. www.protrainingcentre.com For your 3 training needs.
- 4. What Is A Project? • Examples of projects in different industries include: – Your final year thesis in university. – If you plan your life or career, each phase. You can and should decided what you want to have achieved every 3 to 5 years, what to do to achieve it and at what cost. – Planning to cook 3 course means for a 500 man event on a particular day. – Designing and sewing a 5,000 shirts, 3, 000 trousers & 2,000 suits for a new fashion line to be released by a particular date. – Building a house is a project. www.protrainingcentre.com For your 4 training needs.
- 5. What Is A Project? – Writing a book, editing and sending it for printing in time for a pre-announced release date. – Reducing a procedure that takes 5 days to 3 days. – Planning an three hundred house estate with 3 hospitals, 2 sports centres, and 2 leisure centres. • These are projects in different industries which you may have been involved in, regardless of whether the projects were successful or not. • This program focuses on teaching you what to do to increase the chances of your projects being successful(achieve the project’s objectives on time and within budget). www.protrainingcentre.com For your 5 training needs.
- 6. Project Management • Many project’s are managed arbitrarily, without any agreed time(schedule) or cost(budget) constraints which leads to a waste of resources and time. Working on a project does not necessarily mean you are managing it(practicing project management). • Just working on projects without pro-actively managing them takes much longer and costs a lot more than they will have if the project was managed using project management best practices as prescribed by the Project Management Institute(PMI). www.protrainingcentre.com For your 6 training needs.
- 7. Project Management • These best practices are a collection of processes and procedures as found in the world’s most successful organization and are meant to help you manage and control your projects. www.protrainingcentre.com For your 7 training needs.
- 8. Project Management • Project management involves doing most of the following before the actual work starts: – Determining requirements and agreeing what needs to be done(scope). – Determining how long(time) it should take and how much it should cost(cost). – Getting the right people with the right skillset and experience(human resources) together to make sure it is done right. www.protrainingcentre.com For your 8 training needs.
- 9. Project Management – Predicting any unplanned and unknown events that may occur and planning what to do if they do occur(risk). – Deciding which skills or equipment are better off being outsourced from outside the project organization(procurement). – Making sure all the above are followed as the work is done and any requested changes are necessary, assessed and approved before being implemented(Integration). – Making sure relevant rules and regulations are obeyed, making the right decisions when faced with potential conflict(ethics & professional behaviour). www.protrainingcentre.com For your 9 training needs.
- 10. Project Management • All the highlighted words make up what are called the Knowledge Areas. They are involved in ALL projects regardless of industry, location or objectives. • ALL projects have a scope(objectives), a time frame(planned or otherwise), cost(budgeted or not), quality standards, risk, communication(between stakeholders), procurements which all need to be tied together(integrated) to achieve project objectives. www.protrainingcentre.com For your 10 training needs.
- 11. Project Management • Managing projects involves guiding your project a project management life cycle which consists of 5 stages called Process Groups. These are: – Initiating – Planning – Executing – Monitoring & Controlling – Closing www.protrainingcentre.com For your 11 training needs.
- 12. Project Management • ALL projects whether in medicine, finance, catering, fashion design, engineering etc, will involve all these knowledge areas and process groups. • This is why the PMP(or CAPM) is said to apply to all industries, like an MBA. www.protrainingcentre.com For your 12 training needs.
- 13. Project Management • For a project to be considered successful, it must have delivered its objectives or result (also known as the project’s scope) within the planned time and within the agreed budget. • This combination of Scope, Cost and Time is called the Triple Constraint or Iron Triangle. • As a project manager, your focus and everything you do, is geared towards delivering on the triple constraint(scope, cost and time). www.protrainingcentre.com For your 13 training needs.
- 15. Project Management • It is called a triple constraint because once set those parameters(scope, cost or time) cannot be arbitrarily changed. They must be achieved. • It is called an Iron triangle because if any one of the parameters change, the other two will be impacted and most likely change. • Therefore if there is a need to change any of them, say scope is increased(more work is added to the project). A change request will be officially raised. In a process called Integrated Change Control, the effect of this requested change on the cost and time will be assessed. Both will most likely have to be increased. www.protrainingcentre.com For your 15 training needs.
- 16. Project Management • If it finishes later than planned, costs more than was budgeted or didn’t fully deliver on the scope(objectives), then the project is said to have failed. • E.g. If it was meant to cost N7 million and 15 days to come up with a concept, shoot, edit and produce a video for Omawumi’s new single and you have spent N8million before you even start editing, this is a failed project and Omawumi may decide to cancel the project. www.protrainingcentre.com For your 16 training needs.
- 17. Project Management • If it finishes later than planned, costs more than was budgeted or didn’t fully deliver on the scope(objectives), then the project is said to have failed. • E.g. If it was meant to cost N7 million and 15 days to come up with a concept, shoot, edit and produce a video for Omawumi’s new single and you have spent N8million before you even start editing, this is a failed project and Omawumi may decide to cancel the project. www.protrainingcentre.com For your 17 training needs.
- 18. Project Management • Your landlord gives you 6 months notice to vacate his property which you are currently renting. You decide to build a 3 bed house(scope) of your own for N16m(cost) and be ready to move in at the end of the sixth month(time). • If you do not finish it by the end of the sixth month, you will be destitute. • If you spend N16m and still have not done the roofing or the plumbing system, and you have run out of money, the project will be abandoned like many abandoned buildings all over the country. www.protrainingcentre.com For your 18 training needs.
- 19. Project Management • To the ordinary person: – Finishing the shoot in 7 days with N15m has more to do with luck than anything else. They may also say that if it’s anybody’s fault, it is Omawumi or her manager’s fault. – The house too was not completed because the plumber came to site late, or was incompetent, you were unlucky that the roofing manufacturers went on strike when you were ready to buy the roofing material, or a myriad of other reasons. www.protrainingcentre.com For your 19 training needs.
- 20. Project Management • The truth is practicing or applying the project management principles on this program will have helped you avoid the project failures earlier described. • It will have warned you much earlier in the project that you were spending too much money too fast on accomplishing too little work. That way, you will have had a chance to control costs and bring the project back under control. www.protrainingcentre.com For your 20 training needs.
- 21. Project Management • In the case of building your house, it will have told you that 6 months was too little time to source for land, buy it, design your house, get approval, build and move in. • It will have helped you know much earlier in the project that you were spending too much money too fast and accomplishing precious little work. • It may have made you realize that a better option will be to rent elsewhere for 2 years and use the rest of the money to start a business or get a few professional certifications that will increase your pay check and allow you to hire more reliable contractors. www.protrainingcentre.com For your 21 training needs.
- 22. Project Management • Practicing or applying project management principles will have made you consider so many options, choose the best and then follow it through to completion despite all the setbacks and ‘bad luck events’ that will occur. • Project management helps achieve this by planning what needs to be done, how much it will cost, how long it will take, identifying what may go wrong and what to do if it does, soliciting expert knowledge, monitoring the project as it progresses and comparing it to the plan to ensure they are both the same. If they are not, and this will happen, corrective or preventive action is taken to rectify the situation. www.protrainingcentre.com For your 22 training needs.
- 23. Project Management • Organizations in Nigeria that use or rely on PMP formally or informally include: – Skye Bank – GT Bank – AVIAT Networks – Chevron – Alcatel-Lucent – Stanbic IBTC Holdings – Starcomms – Glo – Dangote, etc www.protrainingcentre.com For your 23 training needs.
- 24. The End Please Proceed To Project Management Framework