This course will begin with a brief project management review, focusing on the basics of PM, the five process groups, and the ten knowledge areas.
We will then dive into time management and the steps involved to ensure productivity, such as defining activities, sequencing activities, estimating activity durations, developing a schedule, and controlling a schedule. This section also discusses decomposition, dependencies, diagramming, estimations, and Program Evaluation and Review Technique (PERT).
We will then discuss the Critical Path Method (CPM), which is an essential technique in ensuring a timely schedule.
Next, we will learn basic cost management, which helps us in cost estimations and budget making. This will lead us into an introduction to earned value by providing information on terms, formulas, analysis, forecasting, cumulative cost curves, and EV performance.
The following section will describe critical chain management, educating on project schedules, a new paradigm, the theory of constraints, viable schedules, buffers, and more.
Lastly, we will talk about the activities we often use in projects and how we define them. We will go over other cost calculations, including Present Value (PV), Net Present Value (NPV), Internal Rate of Return (IRR), Return on Investment (ROI), Payback Period, Opportunity Costs (OC), depreciation, and more.