Prerequisite: Teamwork and Collaboration
Overview:
This course offers a comprehensive introduction to the principles, practices, and tools of project management. It is designed for individuals seeking to understand how to effectively plan, execute, and close projects in various environments.
Course outline
- Define Project and its features.
- What Projects Have in Common
- Define Project Management
- Project Management Phases
- Project’s Expenditure Categories
- Basic Elements of any Business Project
- Key Elements of Project Management
- Factors for the Project Failures
- Planning the Project Operations
- Criteria for Classifying Projects
- Project Life Cycle
- Quantifying Costs and Benefits
- Benefits of Accounting Rate of Return
- Drawbacks of Accounting Rate of Return
- Drawbacks of Accounting Rate of Return
- Payback Period
- Benefits of Payback Period
- Drawbacks of Payback Period
- Net Present Value
- Benefits of Net Present Value
- Drawbacks of Net Present Value
- Define Work Breakdown Structure (WBS) and its concepts.
- Risk Management on Projects
- Risk Identifications