Project Management

Agenda

• Definitions• Project Management Career Development

A Credentials Roadmap• Maintaining Credentials• Project Management Learning Beyond

Certifications and Credentials

What is a ‘project?’

• A short term undertaking to create a unique, one of a kind product or service

• Has a definite beginning and an end – an undertaking with a limited duration

• Has specific goals• Projects are a means by which organizations

implement their strategies

What is ‘Project Management?’• PM is the application of knowledge, skills, tools, and

techniques to project activities to meet project requirements

• PM involves:• Planning resources• Organizing resources• Managing resources

• PM’s goal is to complete projects • On-time• On-budget• Meet customer deliverables

Project Failure

• The Standish Report:• Only 32% of projects worldwide are succeeding in achieving

budget, schedule, and quality objectives of the project. • There is a 75% success rate for projects that employ modern project

management concepts, tools & techniques.

• CIO.com cites a Dynamic Markets survey of 800 IT managers:• 62% of IT projects fail to meet their schedules• 49% suffered budget overruns • 25% of all IT projects get canceled before completion

• “The Project Managers are inadequately prepared in the art of project management.”

Project Management Institute

• Not-For-Profit Professional Association • PMI administers a globally respected professional credential

program that promotes professional development in project, program and portfolio management.

• Developed processes and knowledge areas (standards)• to create a common language and approach across industries

for the practice of project management profession

PMBOK Guide

• "Project Management Body of Knowledge (PMBOK Guide)“ – a globally recognized standard for managing projects in today's marketplace

• Five processes as well as nine knowledge areas.

Project Management Process Groups (phases of a project)

Initiating

Planning

Executing

Monitoring

Close-out

PM’s Nine Knowledge Areas

Integration Management

Scope Management

Time Management

Cost Management

Quality Management

HR Management

Communications Management

Risk Management

Procurement Management

Knowledge Areas – More Details

•Coordinates all aspects of the project

Project Integration

•Identifies the work that needs to be done to meet deliverables with the specified features and quality

Project Scope

•Scheduling aspect of when work packages must get done to meet project completion date

Project Time

•Identifying costs, setting and managing budgets

Project Cost

•Identifying quality standards and checkpoints to deliver product that meets specifications

Project Quality

….Knowledge Areas

•Recruiting/selecting team

•Leadership skills: conflict resolution, performance management etc.

HR Management•Intra-

team and with client and project sponsor

Communications Management

•Identifying risks and minimizing probability of negative impact on deliverables

Risk Management

•Purchase of goods, services and materials and negotiation and monitoring of vendor/supplier contracts

Procurement Management

Important Players

Client

• Sets/specifies the deliverable(s)

Project Sponsor

• Champions the project,

• Determines need to establish a project team

• Authorizes overall funding

Project Manager

• Selects the project team

• Manages the project to completions

Project Team

• Performs the individual work packages

Certification and Credentials

PMI’s family of credentials is based on PMBOK®

Certified Associate in Project Management (CAPM®)

Project Management Professional (PMP®)

Program Management Professional (PgMP®)

PMI Risk Management Professional (PMI-RMP®)

PMI Scheduling Professional (PMI-SP®)

Certified Associate in Project Management (CAPM)• Target Candidates:

• Those who need to serve as subject matter experts, team members, project sponsors, facilitators, liaisons or coordinators, or just starting a career in PM.

• Upon Completion:• A CAPM is recognized as having the understanding of the

fundamental knowledge, processes, and terminology as defined in the PMBOK Guide that are needed for effective project management performance.

• Value:• CAPM individuals enjoy a high level of credibility from PMP

credential holders, project managers, employers and peers.• Globally recognized and demanded.

Project Management Professional (PMP)

• Target Candidates:• Those who need to lead and direct project teams to deliver projects

within the schedule, budget, and scope constraints. • Upon Completion:

• A PMP is recognized for the competence to perform in the role of a project manager, specifically experience in leading and directing projects and project teams to achieve successful project results.

• Value:• The demand for skilled project managers is at a critically urgent

level.• Globally recognized and demanded.

Program Management Professional (PgMP)

• Target Candidates:• Those who manage programs that contain complex activities that

span functions, organizations, geographic and cultures.• Upon Completion:

• Can ensure the ultimate success of the program• Modify programs and make decisions that advance strategic and

business objectives• Define and initiates projects and assign project managers• Oversee multiple projects

• Value:• A PgMP has credentials to connect projects to business results

Summary of CertificationsEligibility to ApplyEducational Background

CAPM® PMP® PgMP®

HS Diploma

Project Exp. 1500 hrs or 7500 hrs & 5 yrs 6,000 Hrs & 4 yrs PM

Project Mgmt Educ. 23 hrs 35 hrs n/a

Other Experience 10,500 Hrs & 7 yrs PgM

BA or higher n/a

Project Exp. 4500 hrs & 3 yrs 6,000 Hrs & 4 yrs PM

Project Mgmt Educ. 35 hrs n/aOther Experience

Maintenance

Exam CostTime/Questions

Re-exam 5 years

$225/$3003 Hours/150

60 PDUs over 3 years

$405/$5554 Hours/200

6,000 Hrs & 4 yrs PgM

60 PDUs over 3 years

$1,500/$1,8004 Hours/170

PMI Risk Management Professional (PMI-RPM)• Target Candidates:

• Those responsible for identifying project risks and preparing mitigation plans.• Upon Completion:

• A PMI-RPM has more competence in the specialized area of assessing and identifying project risks while mitigating threats and capitalizing on opportunities.

• Value:• Employers acknowledge the individual’s unique expertise on the project team

while demonstrating the recognition and value the role provides to the project. • Maintenance:

• 30 PDUs in risk management over three years• Others:

• BA, 3,000 hours in “RMP” related experience within the last 5 years, 30 hrs edu

PMI Scheduling Professional (PMI-SP)

• Target Candidates:• Those responsible for creating and maintaining the project schedule.

• Upon Completion:• A PMI-SP has more competence in the specialized area of developing and

maintaining the project schedule than a general practitioner and yet, also maintains a basic level of competence in all areas of project management.

• Value:• Employers can trust credential holders to possess the skills, knowledge and

experience to contribute directly to their crucial projects.• Maintenance:

• 30 PDUs in project scheduling over three years• Others:

• BA, 3,500 hours in “SP” related experience within the last 5 years, 30 hrs edu

Opportunities to Earn PDUs

• Enroll in project management programs/courses• Attend or lead seminars and events• Post articles to PMI’s Knowledge Shelf• Volunteer your project management services• Perform professional activities• Conduct research and study

Available Education at New Horizons Baltimore

•Intro/overview of Project Management

Project Management Fundamentals

(1 day)

•Microsoft Office application tool for implementing and managing projects

Microsoft Project 2007/2010(2 days)

•For students accepted to sit for the PMP® exam

•Curriculum is review - geared to exam prep

•Based on the PMI® PMBOK® Guide

PMP® Exam Prep Course(5 days)

•Curriculum is review - geared to exam prep

•Based on the PMI® PMBOK® Guide

PgMP® Program Management Course(3 days)

Available Education at New Horizons Baltimore

•Implementing Microsoft Project Server in the Enterprise

Microsoft Project Server 2007

(5 days)

•A client application to connect to the Project Server via the network or the web

Microsoft Project Professional & Web Access

2007(1 day)

•MS 5927: Managing Projects – stand alone (3 days)

•MS 59278: Managing Projects – via the Project Server (3 days)

•MS 5927: Managing Projects and Programs (5 days)

Other Microsoft courses:

Available Education at New Horizons Baltimore

Project Management Skills for the Non-project Managers

Managing Project Teams

Managing Outsourced Projects as an IT Vendor

Emotional Intelligence for the Project Managers

Project Portfolio Management

Contact Information

• New Horizons Computer Learning Center • Linda Betzel• 410-597-9722, x 100

Get.Certified@NHBaltimore.com

• PM Certification/Credentials• Project Management Institute (PMI®)• www.pmi.org

• Click on “Career Development” and then “Certification and Credentials”