Foundations of Project Management - Lesson 5 Estimating Project Times and Costs

Foundations of Project Management Whole Course Complete Lesson 1-12

Welcome to Project Management. Project management is both people and technical oriented. Project management involves understanding the cause-effect relationships and interactions among the sociotechnical dimensions of projects. Improved competency in these dimensions will greatly enhance your competitive edge as a project manager. The field of project management is growing in importance and at an exponential rate. It is nearly impossible to imagine a future management career that does not include management of projects. Résumés of managers will soon be primarily a description of the individual’s participation in and contributions to projects. Good luck on your journey through the text and on your future projects This lecture series is based on Erik W. Larson and Clifford F. Gray’s Book“Project Management: The Managerial Process”. Link to his book is here: https://www.amazon.co.uk/Project-Management-Managerial-Erik-Larson/dp/1260238865. The chapters are: Chapter 1 Modern Project Management Chapter 2 Organization Strategy and Project Selection Chapter 3 Organization: Structure and Culture Chapter 4 Defining the Project Chapter 5 Estimating Times and Costs Chapter 6 Developing a Project Plan Chapter 7 Managing Risk Chapter 8 Scheduling resources and cost Chapter 9 Reducing Project Duration Chapter 10 Leadership Chapter 11 Teams Chapter 12 Outsourcing Chapter 13 Monitoring Progress Chapter 14 Project closure Chapter 15 International Projects Chapter 16 Oversight Chapter 17 Agile PM You will find the content of this text highly practical, relevant, and current. The concepts discussed are relatively simple and intuitive. As you study each chapter we suggest you try to grasp not only how things work, but why things work. You are encouraged to use the text as a handbook as you move through the three levels of competency: I know. I can do. I can adapt to new situations. All lesson materials include detailed lesson plan, for about 1.5 hours, including This is a comprehensive lesson plan for about 1.5 hours includes a well-prepared PowerPoint presentation, with video links, interactive exercises, in-depth case studies, and associated reading materials, designed to provide a holistic learning experience. The Power Point presentations are fully animated with scripts and ready to deliver. They are also videos available to watch. They contain a mixture of topic information, examples, and activities/exercises for each topic in the specification for the learning outcomes. All lessons are suitable for about 1 hour of teaching time in which class exercises and homework are integrated into lessons where appropriate. We wish you all the best for the study, and should you have any further questions, please get in touch.