It is usually easy to identify the most complex projects in business, such as developing a new product line, designing a new data processing system or building a new manufacturing plant. However, smaller and more mundane business endeavors may be projects as well.   IQS’s definition of a project is a short or long term endeavor.  Within a project, the factors of time, resources, results and customer satisfaction are all interrelated. A change to one of these factors impacts the others. Therefore, to keep the project in balance and protect against failure, a change in one factor must result in a change to the others.  In today’s highly competitive business climate, organizations cannot afford poorly managed projects, even small projects. Failed projects may affect time schedules, which could cause budget overruns that could affect customer satisfaction, resulting in loss of customers or market share. This course will help you master the five basic steps involved within project management.

 

These five steps include:

Phase One— DEFINING AND INTITATING

Phase Two— PLANNING

Phase Three— EXECUTING

Phase Four— CONTROLLING

Phase Five— CLOSING

​

Course Objectives

 

When you complete this course you will be able to:

• Understand the five phases of project management

• Understand project life cycle

• State clearly defined goals, objectives and deliverables for your chosen project

• Establish a project budget

• Recognize and understand the restraints of a project

• Demonstrate an understanding of a critical path

• Determine an estimation of project schedule time

• Incorporate and manage risk in the project plan

• Analyze a project using, Work Breakdown Structures, and, Network Diagramming