The Data Domain of Project Management
This course is focused on the analytic skills in project management—the data processing competencies that are essential for an effective project manager. They include a practical understanding of the project work plan, the project financial plan, the importance of risk management, the importance of quality management, and the establishment of efficient and effective relationships with a projects vendors and suppliers. Each of these project management knowledge areas draws upon the analytic, data-centric, and problem-solving skills exhibited in this role. Class discussions will be supported by a practical application of concepts and theory for use in developing the project schedule and project budget, identifying and managing resources, proactively planning for the management of risks, ensuring acceptance by the project owner, and establishing appropriate agreements between the project organization and its partners. Apply the practices to develop a work breakdown structure (WBS) and a project budget, conduct probability impact analysis of risks, establish quality control measures, and prepare a statement-of-work with a vendor. The “data domain” is associated with project management analytics at the core, with the front-facing planning and management skills as essential attributes of an effective manager.
You'll Walk Away with
- An understanding of the three-point estimation technique to provide accurate estimates of the duration for activities, using a sample work plan provided through an in-class activity
- Familiarity with the work breakdown structure (WBS) in developing a project work plan and the ability to successfully produce a basic WBS diagram using a sample set of project requirements
- The knowledge to explain what earned value analysis (EVA) and how it is determined, and the skills to successfully prepare earned value calculations