PM330 - Business Essentials for PMs

Project Management is always a balancing act, across multiple axes. Juggling the goals of the project against the people impacted, the budget allocated, and the inevitable deadlines can be intimidating. As a result, project management is part science and part art.

In this short course, we’ll explore some of the basic business concepts that may impact a project during its lifecycle. Concepts include developing strategy, assessing risk, operating within existing structures, and communicating within organizational contexts and cultures.

While this course isn’t intended to fully prepare you to sit for the Project Management Professional certification, it will introduce many of the concepts that appear on that exam. More importantly, we hope you will be better prepared to lead or participate as a stakeholder in projects at your organization.

This course covers the business skills that project managers need to succeed. Among other topics, we cover risk, strategy, managing finances, international culture and etiquette, and how to create measurable and meaningful KPIs to demonstrate your project’s effectiveness. You’ll also get opportunities to do hands-on work with relevant tools and formulas.

  • Making better business decisions and recommendations
  • Creating stronger business cases
  • Managing global projects—working with international audiences or in foreign settings
  • Calculating ROI
  • Using cost vs. benefit considerations to influence others
  • Using strategic SWOT analysis to minimize risk and recognize opportunities
  • Measuring project performance using the Earned Value Management technique
  1. Define and understand essential business concepts
  2. Complete a sample risk assessment for a project
  3. Develop a strategic plan for a project
Price: $595.00
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