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Advanced Project Management: Project Management Professional (PMP) Exam Preparation

By: GLOMACS Training and Consultancy

United Arab Emirates

05 - 16 Feb, 2017  12 days

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USD 10,000

This course is unique in the market as it helps the participants to get ready for the PMP Exam; not to mention the business application portion that ensure the pragmatic implementation of the project management methodology. It will correlate the exam questions with a practical workshop to cover the daily business activities.

This course is intended for candidates undertaking the Project Management Institute (PMI) Project Management Professional (PMP) examination. The designation title PMP is an internationally accepted recognition of project management knowledge and professionalism of the successful candidate. In ever increasing numbers, organizations are turning to project management to help them gain competitive advantage.

It will emphasize awareness of project risk management to minimize project cost/schedule overruns and improve project execution.

Project management is all about the management of risks; the ability to seize opportunities, minimize threats and to optimize results. However, risk management is too often treated as a reactive process, or worse, not done at all.

Highlights of the course are:

  • The course is developed and facilitated by a professional subject expert with extensive industrial experience and academic background
  • Course emphasis is on providing practical skills in rationalizing proper managerial actions, as in the case of typical PMP examination multiple-choice questions
  • Get to interact with other delegates and build a learning network for industrial experience and for the PMP examination
  • Understanding the behavioural and ethical aspects of professional project managers to exercise proper judgement in the decision-making process
  • Examine both the threats and opportunities facing your projects from both a top-down and bottom-up perspective using a proven six-step risk management process
  • Evaluate and respond to risk at the project as well as the task levels
  • Anticipate possible causes of cost and schedule overruns, together with poor quality of work. By identifying the warning signs to these as early as possible in the project timely corrective action can be taken to minimize or mitigate the impact
  • Discussions of case studies and exercises emphasizing the learning across the five process groups and the professional responsibility domain.

The seminar is split into two modules:

MODULE I - The Project Management Professional (PMP) Examination Preparatory Course

MODULE II - Project Risk Management and Compliance

Each module is structured and can be taken as a stand-alone course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week seminar.

Objectives

The course helps in:

  • Building confidence to immediately take the PMP examination upon the conclusion of the course
  • Providing tips to delegates to answer difficult multiple-choice questions
  • Creating a study technique and setting up a network of learners or group study
  • Practising answering questions like in the real examination during the classes and outside classes
  • Rationalizing answers to examination questions
  • Get an overview of the Risk Management Process
  • Learn to identify risks that affect project quality, time and schedule, cost and scope
  • Apply useful techniques to identify, analyze, mitigate and monitor risks in the project life cycle
  • Learn how to create an effective risk monitoring plan and risk management strategies
  • Use a practical, six-step process to manage project risk
  • Develop a risk budget based on expected monetary value (EMV)

Training Methodology

The Facilitator, through presentations, will give the participants help and guidance during the pre-examination process and the sessions are challenging and practical through the use of simulated test questions and answers where learning comes with a test of 15 key and very challenging questions upon the completion of each module. 

The training methodology will incorporate as well both theory and skill training components, utilizing both traditional lectures, as well as hands-on exercises, group discussions and case studies.

Organisational Impact

Both private and public organizations will greatly benefit from systematic approach to managing project, which will improve the likelihood of on-time and on-budget project completion by focusing on:

  • Excelling in project management practice and increasing organisational maturity
  • Equipping employees in refining abilities for project leadership and management
  • Gaining confidence from customers by having project professionals having  a world-renown professional certification in project management
  • Risk management planning in line with project objectives
  • Proactive identification of risk sources and minimization of their impact
  • Knowledge of risk compliance issues and practices
  • Understanding the relationship between risk, scope, cost and time
  • Knowledge of mathematical techniques used in risk analysis
  • Evaluating alternative risk strategies and modifying project plans accordingly 

Personal Impact

Participants will benefit from:

  • Becoming an expert in project management practice
  • Gaining confidence and professional insights needed for a project management career
  • Applying best practices that apply to diverse projects in multiple industries
  • Obtaining a world-renown professional certification in project management
  • Passing the PMP examination could boost the earning potential by developing project management skills
  • Project management experience can open up the doors to rapid promotion

Who Should Attend?

  • Associate project managers, project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, program managers, project sponsors, and project team members
  • Project management professionals planning on taking the PMP Exam

SEMINAR OUTLINE

MODULE I - The Project Management Professional (PMP) Examination Preparatory Course

DAY 1

MODULE 1: Framework

  • PMI certification process to become a PMP
  • Define processes, methodologies, and concepts within the 10 knowledge areas
  • Define key terms
  • Describe application of principles and techniques to manage projects
  • Personal expectations correlated to learning objectives

MODULE 2: PMP Preparation

  • Review of PMP Certification process
  • Test-taking strategies
  • Review of the 5 project management process areas and the professional responsibility domain
  • Review the 10 knowledge areas

MODULE 3: Project Integration Management

  • Develop Project Charter
  • Develop Project Management Plan
  • Direct and Manage Project Work
  • Monitor and Control Project Work
  • Perform Integrated Change Control
  • Close Project or Phase

DAY 2

MODULE 4: Project Scope Management

  • Plan Scope Management
  • Collect Requirements
  • Define Scope
  • Create WBS
  • Validate Scope
  • Control Scope

MODULE 5: Project Stakeholders Management

  • Identify Stakeholders
  • Plan Stakeholders Management
  • Manage Stakeholder Engagement
  • Control Stakeholder Engagement

DAY 3

MODULE 6: Project Time Management

  • Plan Schedule Management
  • Define Activities
  • Sequence Activities
  • Estimate Activity Resources
  • Estimate Activity Durations
  • Develop Schedule
  • Control Schedule

MODULE 7: Project Cost Management

  • Plan Cost Management
  • Estimate Cost
  • Determine Budget
  • Control Costs

DAY 4

MODULE 8: Project Quality Management

  • Plan Quality
  • Perform Quality Assurance
  • Perform Quality Control

MODULE 9: Project Human Resource Management

  • Develop Human Resource Management
  • Acquire Project Team
  • Develop Project Team
  • Manage Project Team

MODULE 10: Project Communications Management

  • Plan Communications Management
  • Manage Communications
  • Control Communications

DAY 5

MODULE 11: Project Risk Management

  • Plan Risk Management
  • Identify Risks
  • Perform Qualitative Risk Analysis
  • Perform Quantitative Risk Analysis
  • Plan Risk Responses
  • Control Risks

MODULE 12: Project Procurement Management

  • Plan Procurement Management
  • Conduct Procurements
  • Control Procurements
  • Close Procurements

MODULE II - Project Risk Management and Compliance

DAY 6

Risk Management Framework and Planning

Introduction

  • Key definitions
  • Project Management Body Of Knowledge (PMBOK) - 6 risk management processes
  • Project risk management goal
  • Purpose of risk management
  • Benefits of risk management
  • Responsibilities in risk management
  • Integrating risk management into the project management process
  • Components of risk
  • Types of risk
  • Six steps of risk management
    • Plan the approach to risk management
  • Risk Identification
  • Risk Assessment and Quantification
  • Risk Response Plan Development
  • Risk management plan execution
  • Evaluating risk response results

 Risk Planning (Step 1)

  • Plan the approach to risk management
  • Planning inputs, tools and outputs

DAY 7

Risk Identification Processes

Risk Identification (Step 2)

  • Identification inputs and tools
  • Identification guidelines
  • Risk identification techniques
  • Risk categories
  • Risk identification outputs

Review of Cost and Schedule Estimating in Relation to Risk

  • Cost estimating classes and types
  • Cost estimating methods
  • Accuracy, allowances, contingency and management reserve
  • Work Breakdown Structures (WBS)
  • Schedule diagramming - critical path method (CPM)
  • Resource management
  • Earned value method (EVM)
  • Baselining

DAY 8

Risk Assessment and Quantification Processes

  • Risk Assessment and Quantification (Step 3)
  • Risk analysis inputs
  • Risk analysis guidelines
  • Probability analysis
  • Impact analysis
  • Risk analysis approaches - qualitative and quantitative
  • Risk analysis tools and techniques
  • Statistical sums in risk analysis
  • Program Evaluation and Revue Technique (PERT)
  • Monte Carlo simulation
  • Decision trees
  • Project risk rating and prioritizing
  • Risk analysis outputs

DAY 9

  • Risk Response Plan Development
  • Risk Response Plan Development (Step 4)
  • Risk response development inputs, tools and techniques
  • Risk response strategy guidelines
  • Response strategies for threats
  • Response planning and network diagramming
  • Response analysis
  • Alternative responses
  • Reserves - contingency and management
  • Response planning outputs

DAY 10

Risk Response Control

  • Risk management plan execution (Step 5)
  • Risk response control tools
  • Risk response control guidelines
  • Risk strategy execution
  • Evaluating risk response results (Step 6)
  • Risk documentation
Dubai, United Arab Emirates Feb 05 - 16 Feb, 2017
USD 10,000.00
(Convert Currency)

+971 (04) 425 0700

Special deals available on group bookings.
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