Introducing the first ever Wiley - GreyCampus training program on the Project Management Professional (PMP) Certification from project management Institute (PMI) USA as per the new PMBoK 5. Spread over 4-days’ Classroom Training and 90-days’ eLearning, this program provides a complete learning package to crack the PMP Certification Exam in one shot! The eLearning content for this program is based on Internationally Renowned PMP preparation content by author Kim Heldman, and incorporates multiple learning tools to help you learn more and at your convenience. Participants also get a pre-approved 35-PDU certificate on completion of the eLearning and Classroom sessions which is mandatory to appear for the PMP Certification Exam.

1. Project Management
Framework
Based on
PMBOK® Guide – Fifth Edition
•
PMI, PMP, CAPM, PgMP, PMI-RMP, PMI-SP and PMBOK are registered marks of
Project Management Institute, Inc.

2. Learning Objectives
At the end of this training, attendees will know how to:
 Explain the PMBOK® Guide Project Management Concepts
 Explain why Projects Are Undertaken
 Describe the Phases of the Project Life Cycle
 Name Nine Knowledge Management Areas
 Describe the five Project Management Process Groups
 Map the Process Groups and Nine Knowledge Areas

3. Project Management Framework: Agenda
• Project versus Operations
• Project Management
• Project Manager’s skill set
• Project life cycle
• Project stakeholders
• Different types of organizations
• Project, Program and Portfolio management
• Project Management processes
• Project management knowledge areas
• Intersection of Processes And Knowledge areas

4. Definition of Project
Definition as per PMBOK® Guide
A project is a temporary endeavor undertakento
create a unique product or service.

5. Project Definition
A temporary endeavor – means that every project has a
definite beginning and end.
Unique means that the product or service or result is different
from other product or service or result.
Progressively elaborated - proceeding in steps

6. Examples of Project
•
•
•
•
•
•
Designing a new bridge / highway
Developing a new Drug
Conduct Elections for the State / Country
Managing Marriage
Designing a new Automobile
Building hospital for the community

7. Exercise 1: Projects vs Operation
Differences between
Projects & Operations

8. What is Project Management?
 Project Management is the application of knowledge, skills, tools and
techniques to project activities to meet the project requirements
 Accomplished through the application and integration of PM
processes – Initiating, Planning, Executing, Monitoring and
Controlling and Closing
 Establishing clear project objectives and requirements
 Balancing the competing demands of scope, time, cost and quality
 Manage uncertain events

9. Triple Constraint
Cost
Time
Quality
Scope
Source: A Guide to the Project Management Body of Knowledge, Fourth Edition
(PMBOK® Guide) ©2008 Project Management Institute, Inc. All Rights Reserved.

10. Typical Project Life Cycle
• Projects are divided into phases
• The project will have at least a beginning, intermediate and
ending phase
• Number of phases depends on complexity and size of the
project. Phase Examples - Analysis, Development
• Reviews are conducted at the end of each phase to measure
performance
• Phase end reviews allows to decide if the project should
continue
• The collection of phases is called project life cycle
• The project life cycle defines the beginning and end of a
project
• Fast tracking is running the project phases concurrently.
Example of phases – Analysis, Design etc

11. Characteristics of Project Phase
 Project Phase are marked by completion of one or more deliverables
 Deliverables are reviewed and formally accepted by customer at
phase end
 Phase end reviews are also called phase exits, stage gates or kill
points
 Rolling wave planning summarizes the future phases at high level
 Project phases are collectively called project life cycle

12. Project Stakeholders
 Individuals and organizations involved in the project
 Those who will be directly or indirectly impacted
 Stakeholders should be identified throughout the project
 They may have a positive or negative influence on the outcome
 Stakeholder influence goes down as the project progresses
 Key stakeholders include
 Project Manager
 Customer / User
 Performing organization
 Project team members
 Project management team
 Sponsor
 Influencers
 PMO