Master both the art and the science of project management to produce reliable project plans, schedules, and cost estimates - With content aligned with both the PMI's PMBOK Guide v4.0 and the IIBA BABOK v2.0In this class, quickly master how to::

• Take the methods, approaches, and theory and apply them to run real-world projects successfully
• Understand how to effectively establish stakeholder expectations
• Utilize exterior estimating models
• Incorporate analysis tools in the development of Use Cases and the Project Scope Baseline
• Pull consensus numbers from differing experts
• Extract risk estimates from SME time estimates
• Estimate contingencies for individual tasks or activities, and for your project as a whole
• Apply resources to your schedule, and understand their cost and time ramifications
• Proactively identify estimating risks
• Use real-world results to your budget in order to reliably estimate future costs
• Build critical metrics and use them to manage your projects
  

The ability to effectively and reliably plan your project is one of the key elements needed for project success.

A recent survey of over 8,300 IT projects that were undertaken by 365 different companies makes the problem clear - only 16% of these projects were completed on-time and on-budget. An earlier survey of over 1,000 general projects found only slightly more than 12% were considered successful.

Projects don't fail at the end, they fail at the beginning.

Projects often fail because the key stakeholders (customers, project managers, and sponsors) are unable to translate their expectations into usable project requirements. As a result, this effectively prevents the production of usable time and cost estimates. Fixing issues arising from planning shortfalls is expensive, but preventing them with proven scope, cost, time, and risk estimating and management techniques isn't. By learning and implementing the key skills taught in this course, you can significantly increase your project's chances of meeting scope, finishing on time, and controlling costs within budget.

Theory and methods are good, but proven and practical tools and techniques equate to success.

Learn real-world tools and techniques and put them to immediate use. This course will give you practical experience with proven tools and techniques for reliably estimating your next project's scope, costs, schedule, and risk.

There is both an art and a science to managing a project. The BA owns the art: eliciting and defining the need. The PM owns the science: cost, schedule, and risk estimates of meeting the need. Achieving success requires effective planning and working together. This class will teach you how to do both successfully AND efficiently.