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Project Management: A Financial Perspective

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Course Description

This course is designed to provide you with a deep understanding of the applications and importance of Project Management. You will learn how to assess a project with respect to time, costs, and resources in order to effectively and efficiently reach your goals. You will become familiar with the five processes involved in Project management - Initiating, Planning, Executing, Controlling, and Closing on time and within budget-- Project Integration, Project Scope, Project Time, Project Cost, Project Quality, Project Human Resources, Project Communications, Project Risk Management, and Project Procurement - that are essential to being an expert Project Manager. This course follows for the most part the framework within the Project Management Institute's Project Management Body of Knowledge (PMBOK). The material, however, places a financial focus on projects as a way to accomplish desired changes in the enterprise in a coordinated and predictable way for favorable outcomes. Topics covered include economic feasibility study, life-cycle costing, target costing, and earned value analysis. Through better project management, you can reduce or eliminate failed projects and reduce the costs associated with successful ones, increasing enterprise effectiveness in providing the maximum value to shareholders.

Learning Objectives

Chapter 1: Overview of Project Management 1. Recognize what project management is and the steps involved in managing a project. 2. Define what the PMI is and what they do. Chapter 2: Planning and Controlling Projects 1. Identify attributes of an effective project manager and project teams. 2. Recognize key components of planning and controlling a project, such as responsibilities, schedules, and performance. 3. Identify the purpose of project scorecard metrics.

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Learning Format 10.0 Hours
Self-Study / On-Demand

Credit Type(s)
Business Mgmt & Org Communications

Knowledge Level
Overview