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An examination of the theory of Project Management with a review and analysis of techniques applied and tools available. Students will be exposed to various approaches to Project Management. The course will explore the application of this theory to project scenarios through the use of various software tools. Topics will include an review of cost estimation techniques, budgeting, Critical Chain Project Management (CCPM), Earned Value Management (EVM), scope and stakeholder management, communications, conflict resolution, risk management, monitoring project performance, performance statistics/metrics, resource management, process mapping, and a review of the various certification qualifications. Based on Versions 6 and 7 of the PMI PMBoK (the PMI Project Management Body of Knowledge), this course includes a brief review of the PMI PMBoK framework: each of the ten Knowledge Areas addressed in the PMBoK (as relative to the five Process Groups and as applicable to the PMBoK Processes). Subject matter will be discussed as documented in the PMBoK and as tested by PMI on the PMP Exam. The course will:
• Provide the students with an exposure to advanced Project Management theory, as applicable to various project sizes in various industries, as well as exposure to the techniques and software tools used in Project Management.
• Engage the students in discussion of simulated and real-life situations for the purpose of applying this theory, selecting the optimal management choices, and using the appropriate management tools.
• Identifying the differences between these various choices and tools, discussing the reasons for selecting one over the other, while also discussing scenarios when change of project direction might be considered.